MRDIY - Next TP to goComment :
1) FundFlow+ indicator - Fundflow candle still going through below zero/negative flow area
2) Tricol+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50%
3) IF MRDIY able to broke through above neckline f, in that case target 1.500 is no longer relevant
Support & Resistance :
S : MYR1.500
R : Neckline f & line e
Remark :
- Length of AB=CD
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
MRDIY
MR DIY 5296 BURSA MALAYSIA STOCK #MRDIY #5296MRDIY closed above the down-trendline again (2nd attempt) on 11/2/2022 (1st attempt not successful on 10-Jan-2022)
Look forward the price continue to go uptrend as long it doesn't fell below @3.63
Target Price (TP1) : 5.23
Disclaimer:
This published Idea is solely for the purpose of opinion sharing only, and should not be used as investment advice or recommendation to buy or sell any equity.
Get your trade advise from a legit broker, your trade is solely your own responsibility.
Thank you.
#mrdiy #5296 #bursa #bursasaham #palmoilfutures #commodities #tradingfutures #ftseklci #bursastock #bursamalaysia
#technicalanalysis #technicalindicator #technicalchart #mcdx #bbd #trendline #chartpattern #uptrend