My View on MYEGThe stock is currently on sideways since Dec 18.
There is a huge resistance at 1.30 level which tested on 17th Jan 2019. Further buy once the price cross 1.30 level.
Volume indicates that there is not much buying.
Myeg
MYEG - Still Have Room For Downside, Before ReversalLaburlah Technical Coverage (17-MAY, Thursday):
MYEG
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. MACD: Bearish
4. Resistance level: 1.45
5. Support level: 1.14
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
MYEG - Hanging Around Risky ZoneLaburlah Technical Coverage (11-APR, Wednesday):
MYEG
Technical Analysis Breakdown
1. Trend: Mild bear
2. Remarks: Broke immediate support @ MA50
3. MACD: Bearish crossover
4. RSI & Stochastic: Bearish
5. Selling pressure: Intensifying
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
