The_3_Lines_Trader_TFM

DAYANG (5141) Retracement to Its Gap?

Short
MYX:DAYANG   DAYANG ENTERPRISE HOLDINGS BHD
DAYANG (5141) a darling stock for all since January 2019

One of the darling oil & gas stocks in Malaysia that rallied +250% ROI within a span of 3 months!

Golden Crossover of the 3 lines formed in the month of February 2019.

Mid point price resistant at RM1.70

Price retrace from RM1.70.

1st gap at RM1.18
2nd gap at RM0.825

DAYANG looks comfortable to drop towards RM1.18 to close its 1st gap.
If there is a need to head towards its 2nd gap that will be real cruel to all investor and trader whom did not fold this stock at high.

Know when to hold'em, and most importantly know when to fold'em.

**IMPORTANT**
Ideas shared are merely just for analysis and studies. No buy or sell call actions should be taken seriously unless the person reading this has done his/her part of analysis at their own free will.

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