My Noob Prediction & Strategy for MYEG
1. We can see that MYEG is on a uptrend since 23 23March 2020, and currently it is maintaining above the uptrend which I treat it as indicator of non trend reversal indication within 6 month period
2. From 16 April price, I decided to draw another specific trend line which adapted to most recent price action, and we can see it is maintaining above the uptrend line
3. Currently the price is in pullback phase, which i believe it will find its way to the nearest [previous support at 1.15
4. I Planned to buy at 1.15, and hope that it will challenge the previous resistance at 1.22
5. If it manage to show ability to penetrate to 1.22, I will hold and wait for further sell signal
6. if it fail to penetrate, I will be selling at what ever price it offer next day
7. If this prediction goes right, this strategy could help you harvest 6%
2. From 16 April price, I decided to draw another specific trend line which adapted to most recent price action, and we can see it is maintaining above the uptrend line
3. Currently the price is in pullback phase, which i believe it will find its way to the nearest [previous support at 1.15
4. I Planned to buy at 1.15, and hope that it will challenge the previous resistance at 1.22
5. If it manage to show ability to penetrate to 1.22, I will hold and wait for further sell signal
6. if it fail to penetrate, I will be selling at what ever price it offer next day
7. If this prediction goes right, this strategy could help you harvest 6%
Penafian
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