top 20 jewel series of malaysia stocks : AME elite consortium
top 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
AME is newly listed in 2019, not quite much movement yet...basically, it is in sideway trend...now it has come to a critical level at RM1.70 support level and has been hanging there since May...lingering abt 1-2months...if the support level holds, then it shall retest the previous high at RM1.90-2.00."The Big Fall" in mid March this yr sent it to the new low at psychological level at RM1.00...
current support : RM1.70
lower support : RM1.30
strong support : RM1.00
resistance : RM 1.90-2.00
waiting to see if the current support RM1.70 actually holds or not...risk-takers can buy little bit here...and set SL abt RM0.10 below it...
risking RM0.10 to gain a possible RM0.20-0.30 seems to be a gud risk reward...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
fundamental : I don't know...
technical : let's look at some price action...
AME is newly listed in 2019, not quite much movement yet...basically, it is in sideway trend...now it has come to a critical level at RM1.70 support level and has been hanging there since May...lingering abt 1-2months...if the support level holds, then it shall retest the previous high at RM1.90-2.00."The Big Fall" in mid March this yr sent it to the new low at psychological level at RM1.00...
current support : RM1.70
lower support : RM1.30
strong support : RM1.00
resistance : RM 1.90-2.00
waiting to see if the current support RM1.70 actually holds or not...risk-takers can buy little bit here...and set SL abt RM0.10 below it...
risking RM0.10 to gain a possible RM0.20-0.30 seems to be a gud risk reward...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
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