MEDIAC trade ideas
MEDIAC looks to good swing long 2 times crossed EMA50 with solid volume.
Already breath short DTL.
TP EMA200.
(Just for research & learning)
MEDIAC Technical AnalysisRetracement completed at 61.8% fibo level.
Retesting to break 0.215 all-time-high.
Broke out flag pattern.
Banker chips increased.
Pull back volume diminished along the parallel downtrend flag pattern (a sign indicating profit taking).
R1: 0.215
R2: 0.25
S1: 0.19
S2 0.18
MEDIAC - Bullish BreakoutLaburlah's Daily Complimentary (21-MAR, Wednesday):
MEDIAC
Technical Analysis Breakdown
1. Trend: Bullish breakout
2. RSI: Bullish
3. Stochastic: Bullish
4. Bollinger band: Widening
5. Resistance: 0.45
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
