MYEG trade ideas
MY EGCurrently ongoing 3rd EW
-possibility to end around 2.26, forecasted by using height of inverted H&S
MYEG uptrend continueChart pattern is forming a flag pennant(VCP), entering a squeeze.
Put in your watchlist, and monitor closely.
Expecting it will breaking up new high, around RM2.40
Risk reward ratio = 5
CL = -5%
Like my works? Please hit the Like, Follow and Share :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
MYEG Short Base VCPMYEG developing a short based (around 1 month) with very healthy volume and price interaction.
C1: ~18%
C2: ~5%
C3: ~5%
Attacking soon? Let's see.
MYEG is fundamentally strong as well. During the MCO period, their business not impacted at all since their business is online service provider.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
MYEG - Falling Wedge Breakout MYEG
Rst: 1.89
Spp: MA50
Falling wedge breakout, sign of improvement and coming days, the stock may retest support at MA50 to build another leg for true rebound. Key hurdle to break now is Fibo Ext first tier at 1.89
MYEG STOCK PICK FROM EXPERT 040120212021 STOCK PICK FROM EXPERTS
PURPLE LINE = STRONGER SUPPORT
RED LINE = MINOR SUPPORT
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
MALAYSIA STOCKstudy purpose, if you have any opinion please comment
MYEG has created bullish pennant, this show that if MYEG success to break resistant zone it will highly go up.
MYEG - More Upside RoomMYEG
Rst: 2.23
Spp: 1.89
Upside charge from long consolidated bullish RB breakout continued, new support affirmed at 1.89, will see further upside to 2.23
MYEG - towards new 52WH?Already break ascending triangle resistance and expected to test 52WH resistance. RSI+MACD shows momentum still going strong, will full banker chip on MCDX.
EP 2.05
TP 2.19 (+6% previous 52WH), 2.33 (+14% Fibo 1.272), 2.50 (+22% Triangle opening)
SL 1.92 (-6%)
Speed: Slow with 876M shares float (24% of 3652M shares)
Sentimen: Economic recovery, window dressing
TAYOR
MYEG holding the barrierMYEG closed on resistance at Fibonacci 1.618 level today, we will see how the price react on this level. Our view is still bullish, however we look to lighten holding/take profit on this level, and re-entry on the next buy setup.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
MYEG 05122020MYEG BREAK AND CLOSED ABOVE 1.75
WHICH WAS 2018 MAY & SEP RESISTANCE
will use 1.75-1.65 as support zone
so long price above this zone, seeing more potential upside.
MYEG FRESH BREAKOUTREACH NEW 52 week high , maybe retrace before gaining momentum
Buy stratergy BOD (Not a buy CALL)
Forecast MYX:MYEGChart menunjukkan harga sedang membentuk pattern ‘inverted head and shoulders’. Pattern tersebut merupakan bullish pattern reversal. Secara teori-nya, harga akan menaik sekaligus menyudahkan pattern tersebut.
Walau bagaimanapun, ini adalah analisis peribadi penulis. Sila berdagang mengikut pelan dagangan anda sendiri.
Trade at your own risk .
MYEG Weekly chart breakoutweekly chart big triangle break out (Blue)
weekly chart sideway breakout (purple)
