MGB BERHAD
Long
Updated

MGB - Analysis on price movement

87
Y wave projection. To achieved target (E) at Fibo line 0.886-1, the price must breakout 52w High within stipulated time.

N wave with 3N target for the nearest target at this moment.
Tenkan Sen & Kijun Sen as nearest support and resistance. Price needs to cross above the Kumo to reach all the target with high volume.

Note:
1. Analysis for education purposes.
2. Trade at your own risk
Trade closed: target reached
Reach N2

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