MYEG - Formation of bullish butterfly pattern?

Price is currently at demand area and formed potential rejection on 26/07/2022.
Could this demand area and harmonic bullish butterfly pattern indicates potential reversal for MYEG?

Potential entry:
1) RM0.74 / RM0.745
2) RM0.675 - RM0.685

Resistance:
RM0.805 / RM0.835

Support:
RM0.74 / RM0.675

Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.

Commento:

Reach our first TP at RM 0.805.
Let's see if the price can reach the next resistance at RM.835.

All the best and don't forget to keep supporting Ringgit Lab.

Trade chiuso: obiettivo raggiunto:

Congratulations! Reached our target price at RM0.835 on 06/09/2022.

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