A Breakout Pattern!The price indicates a breakout pattern due to fresh buying interest backend by high volume.
MACD indicates a divergent signal backed by the price breakout.
RSI indexer is above 70 due to fresh buying interest on the stock.
Let's save EURO in WL and watch out significant price movement backed by volumes.
R 0.160
S 0.105
EURO trade ideas
EURO may resuming its uptrend. 10/Oct/21EURO's ( Office Furniture manufacture) Stock Price may found its major bottom at around RM 0.440 by completing wave 4 (Yellow) and Triple Zig Zag wave w,x,y,x,z (green).... where there was also a 1) Major Demand Zone 2) Price was just at Lower Line of Parallel Up Trend Line (Cyan/Light Blue)..
EURO - Short Squeeze Before Going HigherEntry Strategy:
1) Trading range in uptrend channel divergence
Chart:
1) Resistance base formed - see yellow arrow, more safe to entry there if possible retracement
2) Respectful towards channel - currently uptrend with divergence
From penny stock to bangsatwan stock - i am not studying this stock fundamentally, but technical wise looks promising to go - HIGHER
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-
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