MIKROMB trade ideas
Gaining Uptrend Momentum!The candlestick indicates a divergence signal due to buying interest from the traders. Hence, making a significant price movement in the stock price and closing above the MA line.
The MACD and RSI indicators indicate a divergence signal, thus, conforming to the candlestick trendline.
Precaution for a price correction between 5% to 10% from the recent high peak due to a short position from the traders.
Let's save MIKROMB in the WL and watch out for significant price movement with volume.
R 0.200
S 0.165
#MIKROMB DTF - Fibonacci Strategy trading plan with Golden wave The most of strongest Momentum wave - Golden Wave (impulse)
Criteria :
Minor wave 3 in 3rd impulse major Elliot Wave
Strong Bullish Momentum volume unusual
Steepness of a trend line increases from 45% to 70% deg
Strong Break in bar retracement symmetry leading to a change in trend behavior
Bullish gap up price action
STOCK REVIEW : MIKRO MSC BHD (0112)INTRADAY ANALYSIS
Bearish mood is ON, because they already break support zone at price 0.385.
They will continue find the nearest strong support, at price 0.345.
After that we can make decision from that, continue bearish or change to bullish mood.
Analysis from Ghibli & Co. Hedge Fund Capital (Malaysia).
Any inquiries about investment/analysis please contact us ghiblico.my@gmail.com
