EASY123 Prediction @MYX YTL
Updated
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BUY Signal = (BT-Yellow-Diamond), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle), (White-Snow-Flake)
*The trend direction: (Green background) Making reversal from down to Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal (BT) & (Upward-Green-Triangle) sighted on 09-Dec.
*Price tested the lifeline (Redline) & close above it on 27-Dec.
*The Momentum signal (White-Star) sighted on 17 & 24-Dec, these show the strong buying momentum.
Prediction: The immediate hot-chase (Red-Dot, above the candle) will result in the correction/pullback to/nearby the lifeline (Red-line). Once completed the correction, will rally to next Resistance.
Preference Strategy: Swing trading (Follow the Buy/Sell Signal respectively.)
Target Price: Immediate RM0.96 & 1.01
Cut Loss: If broke below S2 Support RM0.82
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
BUY Signal = (BT-Yellow-Diamond), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle), (White-Snow-Flake)
*The trend direction: (Green background) Making reversal from down to Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal (BT) & (Upward-Green-Triangle) sighted on 09-Dec.
*Price tested the lifeline (Redline) & close above it on 27-Dec.
*The Momentum signal (White-Star) sighted on 17 & 24-Dec, these show the strong buying momentum.
Prediction: The immediate hot-chase (Red-Dot, above the candle) will result in the correction/pullback to/nearby the lifeline (Red-line). Once completed the correction, will rally to next Resistance.
Preference Strategy: Swing trading (Follow the Buy/Sell Signal respectively.)
Target Price: Immediate RM0.96 & 1.01
Cut Loss: If broke below S2 Support RM0.82
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
Note
Immediate TP RM0.96 achieved. After 4-5 days rally, profit-taking will take place as correction may occur. The Swing trader may protect your profit as a priority.Next move: After correction, continue eyeing for higher TP...Good luck.
Note
Strong move YTL...Hit my TP RM1.01Happy trading...Good luck!
Note
YTL after T4, today exhibit a green candle supported by the buying desire from the BUYER. If it is able to break today high and close above, it will be a clear end of correction. Thus, the next wave of the rally will be resume.Note
YTL: After failed to retest the R2 RM1.01 twice. It goes into correction (likely ABC) & tries to support at the lifeline region RM0.90-92. We will do no action until it gives us the reversal signal.
Good luck & Happy trading!
Trade active
YTL: SUPPORTED & REBOUNDAfter it hit our TP, then pullback to our S1 support & rebound. It needs to break the interim resistance RM0.985 to reach back pre-high RM1.01-04,
The Uptrend still intact, the next TP looking at RM1.13-18
Good luck & Happy trading!
Trade closed: target reached
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