KachiFX Bursa's comment on INTA. All Comments

KachiFX Bursa
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?Trading Idea: INTA BINA GROUP BERHAD

BUY/LONG: +/- RM0.465

SL: RM0.390 (16.13%)

TP1: RM0.545 (12.37%)

TP2: RM0.600 (23.71%)

REASON: Inta Bina Group is currently trading near the 0.5 Fibonacci retracement level at RM0.485. However, waiting for a retracement to this entry point (EP) could provide a better risk/reward ratio. If the price pulls back closer to the RM0.465-0.485 zone, this would offer an ideal entry for long-term gains.

The recent breakout from the symmetrical triangle pattern shows upward momentum, but entering on a pullback would minimize risk and allow for better upside potential.

Financial Disclaimer:

This information is for educational purposes only and does not constitute financial advice. Investing and trading carry risks, and past performance does not guarantee future outcomes. KachiFX is not liable for any financial losses. Always perform your own research or consult a licensed financial advisor before making investment decisions.
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Soo
agreed with U view
Like · 2 months · translate