MFCB Stock Analysis
First I always look at the chart first, identify which market structure we are in?
There is 4 stages in the market, Accumulation stage, Advancing Stage, Distribution Stage & Declining Stage.
Personally, I look at MFCB now currently from distribution stage heading into declining stage.
Share Price at the same time dropped bellow EMA 20 & 70, indicating short/mid-term down trend.
While waiting for MFCB market structure change from declining stage to accumulation stage. I will set price alert around 5.44 – 6.02. So that if MFCB hits those price range, which alert me into re-observe this stock again.
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices.
Kindly follow me more for value investing =) Lets keep learning together!
First I always look at the chart first, identify which market structure we are in?
There is 4 stages in the market, Accumulation stage, Advancing Stage, Distribution Stage & Declining Stage.
Personally, I look at MFCB now currently from distribution stage heading into declining stage.
Share Price at the same time dropped bellow EMA 20 & 70, indicating short/mid-term down trend.
While waiting for MFCB market structure change from declining stage to accumulation stage. I will set price alert around 5.44 – 6.02. So that if MFCB hits those price range, which alert me into re-observe this stock again.
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices.
Kindly follow me more for value investing =) Lets keep learning together!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.