


razikmarzuki
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since Apr 29, 2019
chartpattern
headandshoulders
trendanalysis
waveanalysis
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As you can see, Daily Chart is making chart pattern QM (Quasimodo). Buy at current price better because it is not high liquidity (hard to match price). With risk reward 1:3.
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Daily chart show an impulsive upward movement, if this movement is valid signal for uptrend. Anticipate 50% retracement with 1:2 risk reward ratio. Stop loss below current low.
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Suggest long position for Salutica Berhad, as price reach almost previous low. This is a chance to entry with small invalidation range. with RR 1:5 it is best to consider this counter.
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