MPICan read PIE analysis
Notes:
- Gap up can be support/CL point
- Low down day with low volume
- MAs catching up faster compare to PIE
- Easier to manage
MPI trade ideas
MPI - Is it too expensive to fly?- Respecting trend line
- Possible box/reaccumulation breakout
- Sentiment > testing psychological RM50
- Moving averages looking good
- Swing for 7% in 1-2 months
Potential Breakout Play for MPIAfter a good breakout yesterday, MPI is looking good for another breakout play once it breaks the 43.80 resistance. As long as they don't violate the support, MPI should be looking good to break new ATH again.
MPI Acquired Unusual Volume in TF(1H)MPI Acquired Unusual Volume in TF(1H)
MPI acquired unusual volume today (19/3/2021). The unusual volume can be detected in TF(1H) in the evening. Is this the right time for MPI to fly high? Let's watch it together next week.
This is not a buy call but just an idea for educational purpose only.
Disclaimer: Trade at Your Own Risk (TAYOR)
All time highGreat counter to swing for long term, bullish trend starting from July 2020. Looking good!
MPI [2 November 2020] Buy On Dip in Support ZoneMYX:MPI
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
