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ICONIC WORLDWIDE BERHADICONIC WORLDWIDE BERHADICONIC WORLDWIDE BERHAD

ICONIC WORLDWIDE BERHAD

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ICONIC trade ideas

ICONIC - Panas Badan?Membuat kenaikan sebanyak 2 sen hari ini setelah beberapa hari harga meniti di EMA20. ADA EMA golden cross, banker cip bertambah, dan MACD line di atas 0.000 menandakan dlm keadaan bullish. Ada catalyst ingin mengembangkan business dengan merancang untuk supply glove and disposal face mask dan juga telah melengkapkan private placement untuk tujuan fund raising, adakah ini permulaan untuk ia memecah trend sideway dan bergerak keatas? Target price 0.630/0.670 #SekadarKajian #BukanBuycall #TradeAtYourOwnRisk
MYX:ICONICLong
by PenyaringBursa
ICONIC (8/11/2020) on limited upsideICONIC theoretically has completed Wave 4 @ 0.4, and it should be making its way for Wave 5. However, it is currently on sideway, probably accumulating before making a move. It is currently on a minor downtrend channel with a strong support zone at 0.46-0.48. A strong resistance zone is at 0.625-0.645. With Bollinger Band expanding and Stochastic oscillating up could means its riding up in the channel, and could make a limited upside at around 0.58 (EP 0.515, TP 0.58, SL 0.48, RRR 1:2) Volume is okay, but need more to push higher, and banker chip is less than 25% - still more required to have a good show. The stock has a light balance float (20% of 323M shares), relatively compared to PARLO (36% of 364M shares). This would increase the speed factor for price action. Source Good sentiment and news could exponentially accelerates the stock further. It is reported that company is seeking approval from shareholders to venture into Glove and PPE manufacturing on 23-October-2020 Source TAYOR guys ! Disclaimer: I’m a newbie trader practicing my understanding. Please help to feedback if you see any room for improvement. Thanks everyone.
MYX:ICONICLong
by sothye