IPMUDA (TP HIT and reverses big time) Told you soMYX:IPMUDA touches target area and reverts down big time. The power of charting.
Well done if you have taken profits.
IPMUDA
IPMUDA (Follow up): Uptrend inline with expectationsFurther to my mid September post on MYX:IPMUDA , prices are moving nicely upwards after breaking the RM1.51 trigger. Targeting near the RM2.00 psychological resistance next but it is always good to use a trailing stop while letting profits run.
Some may also prefer to take some profits off the table while letting the balance of the position run with a trailing stop.
Congrats and well done.
IPMUDA: Targeting 1.62 for starts, higher after thatMYX:IPMUDA may have the potential to hit its initial target of RM1.62 before surging further IF it manages to break above the RM1.51 trigger.
Good luck.
