MTRONICOpen position: 0.015/0.02
Close position: 0.3
Cutloss if break trendline
#BuyOnDip #DeepagiScreener #TAYOR
Metronic Global Bhd.
No trades
Market insights
MTRONIC weekly MACD golden crossed Date Analysis 02072021
MACD weekly crossed
EP: 0.055
TP1:0.08
TP2:0.105
CL : 0.05
not buy call...for study purpose only
MTRONIC BREAKOUT FAILING WEGDEMy prediction using method Technique Analysis Naked Chart Trendline + Fibonacci Retracement
High Risk High RewardSame pattern detected as October 2020.
Price currently on weakening downtrend.
Current price at support 0.060 - 0.065 (Yellow), might worth to wait for second support at 0.050 (complete retracement).
CL if break second support 0.050 (Red).
R1: 0.110 (Blue)
R2: 0.125 (Purple)
R3: 0.190 (Green)
Idea for educational purposes only.
TAYOR
MTRONIC - Biggest loser of all- Not to be expected, MTRONIC hasn't shown improvement since last year. Yet it keep on dropping for most 50% up to date.
RISKY MIGHT WORTH ITIn my previous analysis, we are running profit almost 45% before the price move to the downside. Price previously touched supply zone and have a strong bearish momentum as for now. So, here's the update forecast movement for this counter. What I can see is the price currently making deep retracement to the downside as there's a lot of selling pressure today (dated 25 Feb 2021). What I meant by 'risky' is the price still in channel movement and I might consider to entry at green zone area for a short term strategy.
MTRONIC bias upsideJust retraced and crossed EMA 200.
Just break down trendline.
Weekly above Ichi cloud - still in up trend
Weekly oversold
Daily just entered red Ichi cloud, possible daily trend reversal.
Overall bias upside.
MTRONIC FACING BULLISH PRESSUREPrice in compressing and we can see there is still a bullish momentum for this counter as it keeps making Higher High structure. Area to be monitor is around green zone area with a small risk just below the support line and demand zone. Cut loss if the price against the analysis.
BB and 2 EMA levelTechnical Indicators to determine trend, entry and exit point.
Always correlate with fundamental analysis of the stock.
Trade at own cost
MTRONIC - potential bullish ahead, but ...Riding uptrend channel. Stochastic (H4) signals possible small pullback at 0.125 (50%) or 0.105 (61.8%) before climbing up higher. TP 0.17, 0.19, 0.24 (Fibo 1.272), with Support at 0.1 (RRR 1:1). Safer entry would be to wait after confirmed reversal after the pullback.
Speed: Fast with only 551M shares float (44% of 1246M shares)
Sentiment: Vaccine from Taiwan, subject to regulatory approvals of the local pharmaceutical authorities. Riding this un’confirmed’ vaccine sentimen, traders must be extra careful, and exercise strict exit. Source The Star 28-11-2020
TAYOR
METRONIC GLOBALwhen to entry?
wait for price reversal at H1.
entry after H1 make new momentum buy move.
MTRONIC: POTENTIAL BUY ON DEEP?MTRONIC IS ON SELLING PRESSURE. I THINK MTRONIC WILL BOUNCE BACK @ LAST DEMAND ZONE. 0.007 OR 0.085.
TAYOR!
MTRONIC: POTENTIAL 0.190?BASED ON PRICE ACTION, I THINK MTRONIC IS POTENTIALLY BUY ON DEEP WITH VERY GOOD 1:14 LOSS PROFIT RATIO.
TAYOR!
Bismillah. MTRONIC Cuba Untuk BREAKOUT MTRONIC
1. Trend = Uptrend
2. Resistance = 0.1
3. Support = 0.08
4. Volume = 57.8 Million
5. TP1 = 0.100, TP2 = 0.110
#Just For Learn
#Not Buy Call #Own Risk
Tawakkal ila Allah. Siiru 'ala Barakatillah
[19 September 2020] MTRONIC Downtrend Line Break OutMYX:MTRONIC
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Support & Resistant Zone
