MYEG - Formation of bullish butterfly pattern?
Updated
Price is currently at demand area and formed potential rejection on 26/07/2022.
Could this demand area and harmonic bullish butterfly pattern indicates potential reversal for MYEG?
Potential entry:
1) RM0.74 / RM0.745
2) RM0.675 - RM0.685
Resistance:
RM0.805 / RM0.835
Support:
RM0.74 / RM0.675
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
Could this demand area and harmonic bullish butterfly pattern indicates potential reversal for MYEG?
Potential entry:
1) RM0.74 / RM0.745
2) RM0.675 - RM0.685
Resistance:
RM0.805 / RM0.835
Support:
RM0.74 / RM0.675
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
Note
Reach our first TP at RM 0.805.Let's see if the price can reach the next resistance at RM.835.
All the best and don't forget to keep supporting Ringgit Lab.
Trade closed: target reached
Congratulations! Reached our target price at RM0.835 on 06/09/2022.Don't forget to follow us to get more trading idea.
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