mg6112

mg6112

N wave with N, V & NT projection. The stock has been in a downtrend until mid-March 2025, bottoming around 0.22 MYR. Since then, a recovery wave formed with a classic ABC corrective pattern: (A) bottom in mid-April (B) a peak near 0.39 MYR (C) a higher low near 0.30 in early May The price recently moved above the down Kumo, indicating a potential trend reversal...

mg6112

N wave with E, N & NT projection. The price recently broke above a descending trendline, now acting as potential support. After breaking the trendline resistance, price attempted to push up but is currently retracing slightly. The price is just inside the down Kumo (resistance). The cloud is thick and reddish ahead, indicating resistance and possible consolidation...

mg6112

N wave with E, N & NT projection. The stock has recently broken above a significant downtrend line, signaling a potential trend reversal from a prolonged downtrend. It also recently moved above the Kumo, confirming bullish momentum. Pullback after the wave B peak around 0.32, currently consolidating near the Kumo top with support around 0.28-0.29. Price above...

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N wave with E, N, V & NT projection. The price is currently at 0.280, slightly below recent highs around 0.290–0.295. Recent candles show some selling pressure, indicated by a volume increase and a drop from the highs. Price is currently trading near the edge and above the Kumo suggesting a bullish momentum. Immediate support: NT level at 0.275. If price holds...

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P Wave B/O. The current candle price has just broken above the Kumo, indicating a shift from a bearish or neutral phase to a potential bullish phase. The breakout above Kumo is a significant technical event suggesting momentum is turning positive. Tenkan Sen is above Kijun Sen, confirming ongoing bullish momentum. Chikou Span seems to be following price action...

mg6112

Y wave with target (E) within stipulated time. The price has recently broken above the downtrend line. Price is trading near the bottom edge of the Kumo which currently appears reddish (bearish), indicating a resistance area. Tenkan Sen is above Kijun Sen, signaling a short-term bullish sentiment. The Chikou Span is close to the price area, and a move above the...

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Y Wave with target (E) within stipulated time. Price breakout above the downtrend line – this suggests a potential bullish reversal. Price is approaching the Kumo – breaking into or above the Kumo will strengthen the bullish signal. Chikou Span is still below candles but starting to rise – watch for a cross above the price line as confirmation. 1.63 is marked as...

mg6112

Y wave with target (E) within stipulated time. Price has just broken above the major downtrend line. This breakout is a bullish signal, indicating a potential reversal or at least a corrective rally. Tenkan Sen has crossed above Kijun Sen recently, which is a bullish crossover. Price is near the lower boundary of the Kumo, which currently serves as...

mg6112

N wave with N & NT projection. NT as immediate support. Price to maintained above NT level for bullish continuation. Price is testing the bottom edge of the Kumo, suggesting a possible breakout. Thin cloud ahead indicates less resistance—bullish potential. Tenkan-Sen crossing above Kijun-Sen confirming bullish momentum. Chikou span has crossed above the price...

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Y wave with target (E) 2.74-2.77 within selected time range. Price is hovering near above Kumo and Tenkan-Sen as immediate support. Watch for the golden cross to confirm bullish momentum. Immediate resistance at 2.68. A close above this level could trigger a move toward target price. Stop loss: Place below 2.55 (recent swing low) to limit downside risk. A bullish...

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Price is still below the Kumo, indicating that the overall trend remains bearish. A downtrend line has been broken, suggesting a potential trend reversal. Potential golden cross but happened below Kumo suggesting a weak bullish signal. Chikou Span is below price candles, signaling potential resistance ahead. The stock is approaching the the Kumo, which can act as...

mg6112

The stock appears to be in a downtrend but is showing potential for a reversal with a breakout pattern forming. A breakout just occurs above the downtrend line suggests a potential bullish reversal. The price is currently below down Kumo, which indicates resistance. A breakout above Kumo could reinforce bullish momentum. Monitor the trading volume during breakout...

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N wave with E, V, N & NT projection. The current price just crossed above the Kumo suggesting a bullish trend. A golden cross just occurred, further supporting bullish sentiment. The overall structure within the cloud shows potential for continued upward movement. Recent volume trends indicate increasing interest, particularly on upward days, which suggests strong...

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N wave with E, N & NT projection. The price indicates bullish momentum as it has recently pushed upward. The Tenkan-sen is above the Kijun-sen, indicating a bullish trend. The price has broken through the cloud, confirming further upward movement. Consider entering a long position around 0.310, especially if the price shows a breakout above the NT projection...

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N wave with E, N, V & NT projection. The price is currently above the Kumo, indicating a bullish market sentiment. Tenkan-sen is above the Kijun-sen, reinforcing the bullish outlook. The Kumo itself is green, suggesting continuation of the upward momentum. Watch for price action near the upper edge of the cloud for potential breakout signals. Consider entering a...

mg6112 Updated 

The price is trading above the Kumo, indicating a bullish sentiment. The Tenkan-sen and Kijun-sen have a bullish crossover, supporting upward momentum. The Chikou Span is above the price, reinforcing bullish confirmation. NT (0.900): This level is immediate support and has been tested as a pullback area. The price has bounced above it, validating its...

mg6112 Updated 

N wave with E, V, N & NT projection. The price has broken above the Kumo, signaling a shift to bullish momentum. The Tenkan-sen and Kijun-sen lines are in a bullish crossover, supporting upward momentum. The Chikou Span is above the price, confirming the bullish sentiment. NT (0.905): This is the immediate support level, with the price sustaining above it after...

mg6112 Updated 

N wave with E, V, N & NT projection. The price has broken above the Kumo, indicating a potential shift to bullish momentum. Chikou Span is above the price and Kumo, confirming a bullish bias. Tenkan-Sen and Kijun-Sen show bullish alignment, with Tenkan-Sen above Kijun-Sen. N at 0.380: A nearest resistance target providing insight into trade exits. NT at 0.355:...