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WONG ENGINEERING CORPORATIONWONG ENGINEERING CORPORATIONWONG ENGINEERING CORPORATION

WONG ENGINEERING CORPORATION

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WONG trade ideas

Waiting for Mr WongWong Engineering Corporation was in my watchlist for past few days to see if the breakout was successful. However, it was a bad candle on 9th June to close with bearish engulfing, Let's monitor how the trade goes for this counter over the next few days and see if Wong can still breakout from the neckline of RM1.04. I am very keen on this because of the depth of the cup that is projecting a "possible" price objective of RM1.50 if the cup with handle pattern breakout is successful. Please do remember price objective for depth of cup is always a guideline, as traders we have to monitor the market changes and the trend to help us decide entry and exit points. Always remember this: TREND IS MY BEST FRIEND . Dislaimer : This is by no means a recommendation to buy/sell. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.
MYX:WONGLong
by I0NMAN
WONG - Pre Consolidation BreakoutNO INVESTMENT ADVICE IS PROVIDED DISCLAIMER Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
MYX:WONGLong
by DrArifMokhtar