MTAG (19/09/23)MTAG appears to be in accumulation stage between 0.41-0.43 for the past 2 months. It has a good support at EMA50 and potential upward with TP 0.45 and 0.48.
MTAG trade ideas
MTAG: Filter 3 has appearedOn the 1sth of Sept Filter 3 appeared but the following candles failed to break filter 3 high and started the pullback.
Now the pullback seems the pullback has completed.
If the price breaks 0.445 (1 month high), it will be more likely to create new higher high.
TAYOR.
MTAG entering STAGE 2MTAG price become STAGE 4 and gone down 50% since 15 Feb 2021.
MTAG price at STAGE 1 for almost 1 year.
Recently seeing volume spike with price spike indicating MTAG entering STAGE 2. Overall setup looks good!
Will it sustain and go up further? Let's monitor.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MTAG - FORMING A FALLING WEDGE PATTERN Currently pullback after made a breakaway gap and bo accumulation. Now forming a falling wedge pattern with low volume. I'm forecasting this stock could rally soon after gain momentum. Watch closely
Trading Idea MTAG (1/9/2021) Trading Idea MTAG (1/9/2021)
- Breakout momentum
- Opportunity to take position at current price with ideal risk-reward.
Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own analysis before making any investment decision.
Trend Rider 191. Weekly uptrend EMA 10>EMA 30. Most probably start to make Wave 5.
2. H4 price breakout strong resistance and become support at RM0.8. Retraced to that level and hammer with bullish candle formed confirming the expected reversal (wave 2). Price above EMA 200.
3. Bursa marketplace rating 6 CTP RM0.98 (4 buys), isaham 10.4 (fundamental in red but profitable), i3 ATP RM0.85.
MTAG Consolidation Pre-BreakoutNO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
Trading Idea MTAG (11/ 01 /2020)Trading Idea MTAG (11/ 01 /2020)
Entry: 0.69/0.70
Target: 0.76
Stop Loss: < 0.66
Disclaimer: The above trading idea is intended only for the use of informational purposes as the price movement is highly subjected to the stock market sentiment. Therefore, please do your own analysis before making any investment decision.
MTAG VCP DevelopmentAnother stock that current with VCP development.
C1: ~40%
C2: ~16%
C3: ~6%
C4: ~6%
As VCP related to demand vs supply. Seem like supply is not that much now with volume decreasing.
Awaiting huge demand to come in and push the price up!
Will take off anytime soon.
First support: 0.720 and second support 0.705
Disclaimer: Not a buy call suggestion, trade with your own risk. Just a VCP trading sharing.
MTAG 2/8/2020Another attempt to break this major resistance level again. Breaking this 0.580 resistance level is crucial to keep investor momentum going and in order to chart higher highs and lows in the near future. Another major resistance level after that would be at 0.625 area. Will need to monitor first. Personally i think it is only worth entering if it breaks above 0.625.
MTAG - Break DTLAnalisa TA:
- Stochastic line Cross
- Volume Spike
- Bull Candle break Trendline
- MACD line Kiss & histogram above 0
- Price miantain above MA8 & MA20
Chart menunjukan ade momentum utk naik, berkemungkinan akan test semula 0.595, break will test 0.63. refer FA utk support ianya boleh naik lebih jauh or x.
Sharing di atas adalah kajian semata dan bertujuan untk pembelajaran, bukan buycall.
Setiap EP, TP, SL serta risiko trading adalah dibawah keputusan & tanggungjawab anda sendiri.
TRADE AT YOUR OWN RISK
MTAG, it is my time to drive sport carHow high can it go? Lets see.
If you like my chart analysis, please like, follow me and share it to your friend. :)
Disclaimer: Every stock analysis are purely for educational/ informational support only. It is not for buy or sell call purpose. Everyone are responsible at your own trades.
SWING UNTIL TARGET PRICEThose who looking for swing position. MTAG is one of the stock that supply mask and really moving on track. You can target 630 for now. 0.560 is a good price to entry.
Potential upside returnAfter long weeks of bullish, it finally comes with a healthy retracement. The obvious support will be priced at 0.525 and 0.495. Started from last December, it touches multiple times of 0.580 which creates a multiple top. If it break out, the next resistance will be allocated around 0.630. The potential return for break out will be around 10%. The technical analysis is only based on my personal view in the market, please trade at your own risk and judgement.
Bias upwards but watch out the stochasticThe symmetrical triangle has formed in a very narrow range with key resistance at 0.56. A breakout upwards would continue the recent positive trends.
However, watch out the stochastic. The stochastic must not drop below 46 to sustain the upwards trends. If breakout upwards not happens, then, look at key support of 0.50 for average down/accumulation and 0.46 cut loss.
MTAG EMA10 & EMA 20 dah crossEMA10 & EMA20 dah cross upwards.
Volume pon ada untuk kenaikan.
Entry on current price.
Immediate support @ .530
