Another bangaCheap stock has entering into momentum zones
1. Long term Green zone
2. Plus with Golden zone
3. Green candle
4. Green dynamic support
5. White arrows
With so many good signs somehow downside risk is quite higher 7-15%. It's a quite big room for her to wiggle and if fails it may hurt you to 22 - 25%.
If no problem with the risk and time ..
If time is crucial you may risk into short term risk 4% and exit if fail and will see after that.
But potential upside is 34%...and if break after that...you tell me
Sometimes big player love to join and they will squeeze for such a long time again and i hate that.
The momentum rocket become sleepy iron dome....
HM trade ideas
SKH (0060) - UPDATE ON 24/05/2018MYX:0060
Today closing at RM 0.065 with low volume. Amended cut loss point and target. Lets wait them to release the last quarter of financial report. Bring me some good news!
Target - RM 0.110, RM 0.180, RM 0.210 and above
Cut loss - RM 0.050
Disclaimer: This is not a recommendation to buy or sell. Analysis or results above are solely based on personal opinions and for personal references. Please trade at your own risk.
SKH (0060)MYX:0060
Be prepare to the high volume push up from this level. Currently trading at RM 0.080.
Cut lose point will be below RM 0.070.
Target RM 0.100 , RM 0.130, RM 0.180 and more to come.
Disclaimer: This is not a recommendation to buy or sell. Analysis or results above are solely based on personal opinions and for personal references. Please trade at your own risk.