MKLAND trade ideas
MKLAND, last round or endgame?Hold tight. Roller coaster is here.
Might be the final round or just the end game.
>> Indicator start losing its momentum.
>> need stay intact with green Hull MA to continue the rally.
>> Always protect downside.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
MKLAND & MA50MKLAND's recent bounce at the MA50 is a positive sign for the stock. The MA50 is a key technical indicator that is often used to identify support and resistance levels. When a stock bounces off the MA50, it suggests that there is buying interest at that level. This can be a sign that the stock is starting to find its footing and could be ready to move higher.
MKLAND & BOLINGER BANDIn the case of MKLAND, the Bollinger Bands are starting to narrow, which suggests that the volatility of the stock is decreasing. This is a positive sign, as it suggests that the stock may be starting to stabilize.
Overall, MKLAND is a stock to watch closely. The recent support at the RM0.25 level and the narrowing of the Bollinger Bands are encouraging, but more confirmation is needed before a bullish trend can be confirmed.
The magical of MKLANDWell yesterday(21 Sept 2020), i can say like most of people were talking about MKLAND. Here are the interesting probability chart rules that i found in MKLAND.
1. Correction, triangle which indicates the breakout price would be possible.
2. A bearish harmonic pattern which indicates the price can be go up to TP3.
Well its kinda hot right there for this counter. Let us see how far can it goes right after the market opening tomorrow.
If im going to buy, this is my suggested price,
EP : 140-150
TP : 195/215/250
CL : 130
Well, it is only what i can see. If you have any other things wants to share, drop your thought in the comment below.
Lastly, trade at your own risk peeps ! Tayor.. All the best traders !
