MUHIBBAH ENGINEERING (M) BHD
Long
Updated

MUHIBAH - Permulaan Salam Kenaikan

Entry Strategy:
1) Wait for confirmation downtrend line breakout and make an entry there - ride the momentum
2) Wait for retracement into the zone and make an entry range 0.88-0.90

Chart:
1) In year 2020, some significant movement been made.
2) Normal structuring formation observed - less or maybe no speculative entry

News:
1) May benefit to the Crude Oil price maintaining at the high side which may activate energy sector rotation. Sentiment of OPEX and CAPEX increment from the client might spur the interest people to own the stock (so long at this low price)

I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money.

-Heil_Z-
# Are-snuff Traders Club
# Bilis Traders Group
Trade active
As of 23/2/2021:

Entry : 0.895 (entry at retracement zone)
Current : 0.97

TP1: 1.08 (20.42%)
TP2: 1.57 (74.96%)
TP3: 1.89 (110.29%)
TP4: 2.28 (153.65%)
TP5: 2.73 (204.21%)
Trade closed: target reached
Entry : 0.895 (entry at retracement zone)
Current : 0.97

TP1 [COMPLETED] : 1.08 (ROI 20.42%) - Reached on 12/3/21

TP2: 1.57 (74.96%) - Not Yet
TP3: 1.89 (110.29%) - Not Yet
TP4: 2.28 (153.65%) - Not Yet
TP5: 2.73 (204.21%) - Not Yet
Trade active
2nd Round Trade:
ENTRY: 0.89 (21 May 2021) - Pending buy order hit
CURRENT: 0.94

Same TP like 1st Trade:
TP1: 1.08 (20.42%)
TP2: 1.57 (74.96%)
TP3: 1.89 (110.29%)
TP4: 2.28 (153.65%)
TP5: 2.73 (204.21%)

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