nnazirah

MYEG Rebound and Fly TF(1W)

MYX:MYEG   MY E.G. SERVICES BHD
MYEG is expected to rebound within Fibonacci Retracement 50% (1.84) area. Then, continue find the next resistance at R1 = 2.12. If the price close above R1, the next resistance will be R2 = 2.52. There is a large Gap Down at 14 May 2018 to close.

Time-Frame = TF(1W)
MACD Mode: Uptrend and bearish
Stochastic: Bearish

This is not a buy call but just an idea for educational purpose only.

Disclaimer: Trade at Your Own Risk (TAYOR)
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