$MYX:UZMA breakout downtrendlineMYX:UZMA
Risk 7%
The stock recently breakout downtrend line. It might signalling the reverseal trend from downtrend to uptrend.
UZMA trade ideas
UZMA, AlgoSignal reveals potential uptrendSeveral indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors collectively point towards the possibility of an upward movement in the near future
UZMA MARK UPI still maintain my previous thesis,
my previous entry was shaken-out
I see the current price action, is on-going BUEC ( Phase D of Wyckoff Re-accmulation)
thus in view of that, i humbly initiated the position as attached
Pure Wyckoff
Uzma gaining momentum to break the 0.84 resistanceVery interesting counter after 2 weeks of small retracing and now reaching 0.84 resistance line again.
If it break up 0.84, we will see it continue to surge up to 1.11, 1.29 and 1.60 zone in next 6 months.
UZMA just break 52 week highThe stock MYX:UZMA had just break 52 week high.
Entry with take profit and stop loss as on the chart.
UZMAHi,
Latest BRENT OIL price on 4th Feb 2022 (6.05AM - (GMT+8) is above 90.00 USD per barrel, most likely O&G counter will in play, for UZMA, the resistant is 0.50, if price can break and maintain above the resistant at 0.50, can consider to entry above 0.50 (RBS - Resistant Become Support).
Where to TP? Fibo level 1.618 @ RM0.550 - RM0.555.
Where to CL? If CANDLE CLOSED below RBS level, kindly CL (Cut Loss).
Thank you.
Regards,
MR.H
Uzma ready to mark up?uzma: multiple ns signal in between 0.640 to 0.695 area. sm is interested on this area..
the chart pattern is come with double bottom and done strong reversal on recently. price pullback and test with support.
uzma is under o&g theme. have a close look out on ukoil and usoil futures trend.👀👀
UZMA TRYING BO DTLMy expectation if price BO and closed above Downtrend line it will make Double Bottom.
CL if price below 0.585 (max Fibo retracement 0.382%).
#TAYOR MYX:UZMA
UZMA Elliot Wave 1 startBased on Elliot Wave, UZMA just started Wave 1. Fibo next resistance @ 0.78 before retracement to wave 2 and 3.
UZMAGOODLUCK TRADERS
TRADE AT YOUR OWN RISK !
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
UZMA forming HaSJust a prediction, traders may look for additional confirmation.
Disclaimer
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#TAYOR
UZMA Trend AnalysisA strong rebound from the support area 0.555 following a nice Butterfly pattern. Seemed a trend reversal is on now. Anyone care to share their thoughts?
UZMA Trend AnalysisA nice butterfly pattern has formed. Seemed that there is a rebound off the support line 0.555 and if it this holds, it will be a bullish reversal trend. Care to share your thoughts?
Seems GoodTrade at your own risk MYX:UZMA
UZMA just secured new projects
Brent & Crude maintain uptrend
Uzma BHD 18.4.21Targeted Long
Tech Bias :
1)new hogh formed
2) price at pointed B forming another C point
M.m bias :
1)good ration
2nd swing trade entryUzma testing on the new support/ higher low.
The support fall on the long-term downtrend resistance(blue line), now become the uptrend support.
Will be testing the previous high again @ 0.895
TP : 20% / 0.895 ++
SL : -10% / 0.665
Risk reward ratio = 2++
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
UZMA BHD 4/11/21TARGET LONG POSITION
Tech Bias :
1) Completing ABC wave
2) React toward OCHL W1 (potential 1)
3) React toward Last Support M1
(potential 2)
Psychology Bias :
1) good ratio
2) period of trading 1week-1month
3) target entry on H4 p.action or H1 c.pattern
4) exit target H4 target ratio or D1 price action
MM Bias :
1)never place all money in 1 basket
UZMA retest previous supportDaily :
1. RSI test level 40 (mark-up)
2. Price test previous resistance becomes support.
3. Stoch RSI oversold
15M
1. Bullish divergence
