After found the support, now the index start to going up. The catalyst is still the high CPO price.
As long as it is above 65.67 support line is healthy.
Come to end of Symmetrical triangle. Tomorrow we will decide the game.
Still maintain above 0.180 is still healthy. Price is consolidating now. MCDX is increasing. RSI also increasing. Lets see the performance next week.
1.860 need to stand firm before going into another uptrend.
Very nice shoot except profit taking retracement in the afternoon session. As long as RSI still above 70 zone is consider healthy. If you are still holding, set your support at 1.200. If you havent buy, just wait at the next bus stop. Disclaimer: Trade at your own risk. No buy or sell recommendation here.
Price 0.250 is the resistance need to break first before go for longer trend. MCDX is just above 10. RSI 57=neutral. Overall price could be volatile at this moment but as long as it is still standing above 0.180 consider healthy. Penny stock and trade with your free cash.
Miss out this stock honestly. Now it reaching its 0.515 resistance. Wait for it to break first.
Next support is 11.090. Will the smart money willing to push the price next week?
Third try to break 0.805 resistance. Can it make it next week?
Not a right entry point now. Never chase high. Wait for it to retrace the find the entry point. PM me for more detail how to set your trading plan.
Never chase high. But still we have a strategy to play safe with this goreng stock. PM me for more detail.
Break out is break out. No need to analyse so much. Follow you trading plan.