MESB swing tradeBreak out on June 26, pullback back with low volume, break out again with volume on July 4
Market cap less then 100 mil
MESB trade ideas
BREAK UPPER TRENDLINE MESBNot a strong company.However latesr quarter report showing improvment of QOQ and YOY.Price has break the horizontal line with high volume after the announcement of the report
MESB - BULLISHThere was frustrating Correction from the past weeks.
But wave Y is completed.
We are looking for Long at the right place.
Good luck .
MY PLAN FOR MESB BY USING SYMMETRICAL TRIANGLE & HARMONIC1. SYMMETRICAL TRIANGLE
- It show price try to BO from above symmetrical triangle (yellow circle) and my estimation it will same patters as before.
- for comfirmation price must be closed above 0.50 to ensure it continuation uptrend.
- My target it will reach at 0.680 (white arrow)
2. Harmonic
- Bat, Alt Bat and Crab pattern will be form if reach to 0.886%, 1.13% and 1.618% respectively.
- For comfirmation it must BO and closed above B level (white line).
- Cutloss price is next support (red line)
#TAYOR MYX:MESB
#MESB 16/9/2021Price become more tight, less volatile. Volume on yesterday looks high. All moving average near to each other.
Will monitor if possible to breakout that area. Or it will make a base for longer time?
Disclaimer: This is not a buy call. Just a trading idea.
MESB looking to continue upDaily - Break Ichi cloud and DTL.
4HR - Break Ichi cloud.
30Min - Ichi cloud thin showing has the momentum to continue up.
Trading Idea MESB (28/4/2021)Trading Idea MESB (28/4/2021)
- Potential breakout above EMA50 (green line)
- Buying opportunity in yellow zone, around RM0.50-0.52
- Target: RM0.55 / RM0.58
- Stoploss below RM0.50
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
MESBOne of the Consumer products counter (Personal Goods)
- Broke out 0.55 neckline.
- Consolidating into ascending triangle/rectangle channel.
- Hot money still inside.
- Above EMA 9,20,50,200.
R1: 0.6
S1: 0.55
Target Price -MESB 0.835 TP 40%Watchlist for one of my fav counter for SWING. you can see today BO 52 weeks High .My forecast price TP 0.835
