VERSATL [MYX](weekly) - There is a potential from this counter to make BO DTL pattern. If using Fibo lines, we can see the candle did not cross down the fibo 61.8% (at 0.455)
VERSATL trade ideas
VERSATL Bollinger Band SqueezeReason to buy :
1. Bollinger Band Squeeze
2. RSI test level 40
3. Price test EMA100
TP
1. 1st TP the previous high (0.860)
2. 2nd TP fibonaci extension 100% (0.925)
3. 3rd TP Fibonaci extension 161.8%
Cutloss if
1. RSI close below level 40.
VERSATL - POSSIBLE CUP & HANDLE PATTERNRefer to the chart, the stock is possibly forms a cup and handle pattern if price broke above RM0.9 with volume support.
Consider long if above condition is met.
Happy trading!
14/8/2020 . BURSA MALAYSIA. [VERSATL]Beli di Zon Beli (Permintaan) dan Stop Loss jika harga jatuh melebihi line merah.
