Trading Stock
Date/日期 : 27/2/2020 (Thursday)
Mtag (0213)
Price/现价 : 50sen
Target price/目标价: 56.5sen/58.5sen
Cut loss/止损价 : 48.5sen
**Syariah
Sector/领域: EMS, Face mask
Fundamental:
Validation: Strong potential bullish breakout
•
The share price has been positive divergence with the money inflow
index indicator (MFI). While the share price tested high but closed flat
in the last five days, the MFI, on contrast, in an uptrend.
•
It means the operators/syndicate try to pull sellers out to sell the
stock to them at low prices. In other words, the operators have been
intensely accumulating the stock of late.
•
The MACD histogram is improving in positive territory with a high
possibility to expand further. This indicates that the stock will likely
to move higher and probably today or tomorrow.
•
DMI+ has spiked and moved above both ADX and DMI-. It means buying
momentum has already started. Given ADX is still at low of 16.5 and
below DMI+, it indicates more upside in the share price. It will be
considered overbought when it moves above DMI+ and reach 50+.
https://klse.i3investor.com/blogs/trendtrading2030/2020-02-27-story-h1483975075-LIKE_RGTECH_THIS_STOCK_ALSO_WILL_FLY_BECAUSE_OF_STRONGER_RESULTS.jsp
