MYCRON - To keep strong momentum for continue uptrendP wave projection.
Price need to breakout turning point (D) and 52w high (0.525) to reach all the target.
Nearest Support is Senkou Span A and Kijun Sen.
Nearest Resistance is Tenkan Sen.
Price is above up Kumo at this moment.
Note:
1. Analysis for education only
2. Trade at your own risk.
MYCRON trade ideas
MYCRON, operator still interested?>> EMA7 @ 405 area as support, once broken it will look slightly ugly.
>> Possible to break above 560 (to close gap?) in mid term rally?
Let monitor.
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.
<TradeVSA> Mycron - Double NS + Green PentagonSign of Strength in the chart:
1. Re-accumulation
2. Double NS at support
3. Green Pentagon
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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
MYCRON''s Cron JobCorporate Name : MYCRON STEEL BERHAD
Symbol & Code : MYCRON (5087)
Board : MAIN
Shariah : Compliant
Sector : Industrial Products & Services
Sub-Sector : Metals
• Weekly: MYCRON broke the main resistance in mid-Nov and since then has never looked back. The price now has gone over the 200MA. 50MA and 20MA will follow soon.
• Daily: MYCRON is about to complete its pullback, so anticipate another ascent
• EP: 0.53-0.56