CUP AND HANDLE MYEGStrong fundamental company.Increasing YOY and 2 consecutive QOQ sales and profits.Weekly forming cup and handle patterns.Watch for breakout the handle with high volume
MYEG trade ideas
MYEG Looking good for a Buy NowMYEG is doing good. as of now it looks in a sharp buy mode. Can see a level of 1.10 mark
MYEG StockBased on the AO it make a divergence. It has a possiblity to make a pullback to the nearest support area. Based on the daily TF it shows that the chart is respect the resistance area.
MYEG breakoutMYEG breakout
entry 1 - buy breakout
entry 2 - buy retest
cut loss - once break previous low
MYEG VCP BREAKOUTMYEG developed 280 days VCP with below contraction:
C1: -30%
C2: -10%
C3: -8%
Price currently breakout with volume. Looks good. GST coming back?
Disclaimer:
Not buy call recommendation, just sharing on the chart pattern through technical analysis . Trade at your own risk.
<TradeVSA> Re-accumulation with Shakeout - MYEGSign of Strength in the chart:
1. Weekly Chart
- Green Bullish Pentagon
- Reaccumulation with Shakeout
- Up-Thrust with average volume
2. Daily Chart
- Pullback to 40ma
- Supported with NS and SP
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MYEG TECHNICAL ANALYSISTechnical analysis for MYEG Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Trend show the direction. Steering to uptrend for Up + ConsoStock had done trend steering change, Up and Consolidate. Time to collect for Elliot Waves
Myeg still struggling for recovery modeMyeg still in downtrend mode since March 21
There is recovery tries but failed
Fundamentally the business of company still on going as usual providing services via online but somehow the technical chart shows opposite
Currently price is at its previous resistance
Consider to enter when price breakout from trendline and shows strong momentum upwards, if not next support at 1.240 further below, oppoturnity to get lower price
Vitrox, going south?Hi, this is my first idea publish. Would like to see feedbacks and comment on my idea. I see a trend reversal here. The price is currently trading under the bull support band. The band looks curve to toe downside, i see the price leaning towards the downside. Looking for it to hit the support at RM1.335.
MYEG.drops to≈0.285?! But it "Fundamentally" sounds good!10/7/21MYEG a fundamentally " pretty" good stock. My "not sure" why its stock price having a "possibility" trending down to around RM 0.285? As Price "May" reached wave B ( Red Circled) and "May" start moving down to wave C (Red Circled)...
wait to buy at rm 1.620 and hold to 2.485 Bismillah..
wait to buy at rm 1.620 and hold to 2.485 (valid until 02 jan 2022)
Good Luck
MYEG Berhad Outlook (Uptrend?)Observed growth in revenue and income especially during the pandemic season.
The price pulling after hitting the top around 2.3 region and pulling back quickly.
No bullish signal is observed and remain neutral. Expect a potential pullback to 1.3~1.5 region before heading for another potential bull run.
Disclaimer:
This is solely a sharing of investment idea and does not serve as an investment advice.
Any losses incurred due to this post wouldn't serve as a liability to the author.
MYEG tunggu di harga supportUntuk menyertai, MYEG tunggu di harga support 0.8 - 1.0 dan TP di harga 2.34
MYEG Rebound and Fly TF(1W)MYEG is expected to rebound within Fibonacci Retracement 50% (1.84) area. Then, continue find the next resistance at R1 = 2.12 . If the price close above R1, the next resistance will be R2 = 2.52 . There is a large Gap Down at 14 May 2018 to close.
Time-Frame = TF(1W)
MACD Mode: Uptrend and bearish
Stochastic: Bearish
This is not a buy call but just an idea for educational purpose only.
Disclaimer : Trade at Your Own Risk (TAYOR)
MYEG: Expectation for short termBased on Fibo 1:1 and trendline, I'm expecting MYEG will potentially break the near resistant level and move higher to test the 1:1 fibo ratio @ 2.60.
TAYOR!
Money Making Stocks during Market Correction While the market was having sharp reaction and lots of technology stocks were beaten down badly, these 4 stocks outperform the market and show leadership.
Let's analyze the price structure together with volume spread analysis (Wyckoff concept) on these 4 stocks MYX:AEON , MYX:ANNJOO , MYX:HIBISCS and MYX:MYEG with potential low risk entries at the key levels.
Myeg 16 Feb 2021Daily chart
Breakout short term symmetrical triangle on 4th Feb
Tech sector bullish ahead of KLCI re-bounce
Testing resistance of the cup 2.19 on 9 Feb, failed and retrace to form cup handle
Re-bounce and breakout cup resistance 2.19 ahead of Malaysia digital economic blueprint announcement on Friday
Cup and handle formation with TP 2.7. Refer to latest Investment Bank TP 2.7 and 3.0
Penafiaan: Ini hanyalah trading idea untuk kegunaan sendiri dan pembelajaran. Tiada buycall. Segala keputusan adalah ditangan anda sendiri.
