MRDIY, potential Buy based on AlgoSignal StrategyThe current price exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
MRDIY trade ideas
MRDIY - Next TP to goComment :
1) FundFlow+ indicator - Fundflow candle still going through below zero/negative flow area
2) Tricol+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50%
3) IF MRDIY able to broke through above neckline f, in that case target 1.500 is no longer relevant
Support & Resistance :
S : MYR1.500
R : Neckline f & line e
Remark :
- Length of AB=CD
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
MR DIY 5296 BURSA MALAYSIA STOCK #MRDIY #5296MRDIY closed above the down-trendline again (2nd attempt) on 11/2/2022 (1st attempt not successful on 10-Jan-2022)
Look forward the price continue to go uptrend as long it doesn't fell below @3.63
Target Price (TP1) : 5.23
Disclaimer:
This published Idea is solely for the purpose of opinion sharing only, and should not be used as investment advice or recommendation to buy or sell any equity.
Get your trade advise from a legit broker, your trade is solely your own responsibility.
Thank you.
#mrdiy #5296 #bursa #bursasaham #palmoilfutures #commodities #tradingfutures #ftseklci #bursastock #bursamalaysia
#technicalanalysis #technicalindicator #technicalchart #mcdx #bbd #trendline #chartpattern #uptrend
Hit lower trendline, time to buy for next rally ??Can find suitable ep. Kita cuba tengok DIY respect the trendline tak.
It retrace with vol.
TAYOR, personal target saya 3.25/3.5
kalau TP berangan saya is RM4 in mid term, kita cuba la tengok ye
CL boleh tgk di sapot 2.83/2.73 kot or if break trendline