MFLOUR trade ideas
Mflour...this time is MCO effect again?Chart will tell something before news. Do you believe it?
Stand firm and rebounding from trendline.
If you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
The Supply Chain and Demand is Back. MARKET WATCH :
Hi Malaysian traders,
Hoping everybody is well and fine.
This company is not really effected much due to pandemic Covid-19. In my opinion, the demand of food is always there, because that is human fuel to get every day. Without foods, we'r out...
Back to my theory, the supply chain is back in normal.. the momentum is getting back.. but not really fast. It still takes times, to recover back. As long this company still holding a good cash flow and the demand is running.. the market will sustain and excepted to back to North.
Foresee this market can get into 0.65-0.70 in this coming days or weeks. Seen a strong supports has been built.. But it has to fight back the bearish resistance, and expected to bounce back down for a while..
<TradeVSA> Pullback in MFourStrength in the chart:
1. Confirmation on reversal
2. Pullback with NS and Test bar
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Re-accumulation in Malayan FlourStrength in the chart:
1. Spring with support
2. Average and low volume downbar
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Who have the best setup? Aturmaju, Media & MFlourStrength / Weakness in the chart:
1. Aturmaju
1. Testing resistance
2. Weakness at resistance
2. Media Prima
a. Continuation on Mark-Up
3. MFlour
a. Confirmation on accumulation
b. Breakout after pentagon signal
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Is Smart Money Accumulating MFlour?Strength in the background:
1. Changes in trend with high volume
2. Testing resistance
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
