Naked Chart Trading: MYEG 12 Jun 2024
$MYEG(0138.MY$ Weekly Chart
Long term trend: Sideway and testing rebound
Short term trend: Testing breakout from sideway, beware of overbought correction, close above RM1.13 to trigger more upside
Fibo Analysis (Mar 2018 high to Jun 2018 low): Sustain above 61.8%, high potential to retest around RM1.45 level
Resistance: RM1.15, RM1.45
Support: RM1, RM0.970, RM0.880, RM0.750
Expect to stay above RM0.880 for now
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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