Breakout of 73.5sen and currently at all time high. Fitting Fibonacci retracement levels on the latest mini wave gives us a reasonable target of 85.5sen. Also observed are a rounding bottom formation and a upward parallel channel, pointing towards a 25% upside in the near term. The 73.5sen level is a resistance-turned support for MYX:QES . Theme: Technology
Inverted hammer in late April marks the start of a triangle formation as prices continue to fluctuate. Connecting the lower highs and higher lows, we see a breakout but with no strong volume. Good risk-reward by setting 50% Fibonacci retracement level as support. Targeting MYX:N2N to retest prior high in the near term for a quick 10% gain. The 85.5sen price...
Bullish gap up as a continuation of a strong closing a day before, which subsequently closed 29.5sen at the 0.382 retracement level. Rounding bottom breakout target coincides with the 0.618 retracement level. Conservative traders will want to long MYX:YONGTAI when the gap is filled. Theme: Property