just a simple strategy , EMA cross over. stop @ 0.465 target @ 0.90
1.9208% share off market transaction @0.575,value RM5.463 million. risk to reward 15% to 30% of share price.
you can sell on top as divergence on that resistance zone,but i dont recommend ,because we take it as up trend retracement,buy opportunity.
Daily chart : Engulfing candle @ support zone, turn to H4 chart to wait for retracement to 50% or 61.8% of fibo to enrty. risk reward ratio : 1:2
does anybody can tell me?is it correct?because i am new.a million thanks!