Thursday, November 11, 2021

ACE Market stock - Let's use MACD to find Buy Signal

 KUALA LUMPUR: Muar-based ready-to-assemble (RTA) furniture specialist, Ecomate Holdings Bhd made a strong debut on the ACE Market on Monday(Nov 8, 2021), rising to a high of 70.5 sen.

I was checking my 5-minute chart, we actually can enter on Nov 10, 2021 at 9:30 am at 0.45 because MACD showed a buy signal.

On Nov 11, 2021 at 2:40 pm, it rises to the top of 0.565 and after that it is weakening.

If you can monitor this counter, you can sell at 2:45 at 0.555 and can make a profit of 0.105.

If you were to buy 10,000 units you can make 1050 with an ROI of 23.33%.  This can be done within 2 days.

You can make your profit from the market, if you have the tool. Of course, you need to monitor the market and plan your trade.

First you need to learn or see how people do it and attempt yourself.  You need couching.

This is not a stock tip. This is just an educational article. Please don't buy or sell based on my article.  Kindly learn first before invest with your real money.

I was checking my 5-minute chart, we actually can enter on Nov 10, 2021 at 9:30 am at 0.45 because MACD showed a buy signal.

On Nov 11, 2021 at 2:40 pm, it rises to the top of 0.565 and after that it is weakening.
If you can monitor this counter, you can sell at 2:45 at 0.555 and can make a profit of 0.105.
If you were to buy 10,000 units you can make 1050 with an ROI of 23.33%. This can be done within 2 days.


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