Based on the daily chart, MAXIS is moving in an upward trend after bouncing from a strong support area.
The price is now approaching a long-term downtrend resistance, and your entry at RM3.63 is positioned just before this key level.
The plan is to take profit at RM4.01, which sits near the upper resistance line, while the stop loss is set at RM3.44 to protect against downside risk.
Indicators like RSI and MACD are showing positive momentum, supporting the potential for further upside.
This setup offers a healthy balance between risk and reward, with a clear plan aligned with your capital and tolerance level.
Disclaimer:
This analysis is for educational purposes and part of a chartist sharing session. It is not a buy or sell recommendation. I am not affiliated with any brokers or investment firms. Please do your own research and consult a licensed financial advisor before making any trading decisions.
The price is now approaching a long-term downtrend resistance, and your entry at RM3.63 is positioned just before this key level.
The plan is to take profit at RM4.01, which sits near the upper resistance line, while the stop loss is set at RM3.44 to protect against downside risk.
Indicators like RSI and MACD are showing positive momentum, supporting the potential for further upside.
This setup offers a healthy balance between risk and reward, with a clear plan aligned with your capital and tolerance level.
Disclaimer:
This analysis is for educational purposes and part of a chartist sharing session. It is not a buy or sell recommendation. I am not affiliated with any brokers or investment firms. Please do your own research and consult a licensed financial advisor before making any trading decisions.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.