S_O_N_G

S_O_N_G Updated 

Attempt for reversal? May be, may be not. Immediate resistance: 0.940 / 0.950

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CORAZA 21/01/2022 12:30pm 15min Chart Immediate resistance: 0.670 / 0.650 Support 0.640 / 0.625 / 0.600

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Rebound today. But is the rebound strong enough to reverse trend?

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If cannot hold support, it will be heading all the way south. S1: 1.290/1.280 S2: 1.270/1.260 R1: 1.390/1.400 R2: 1.460/1.480

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Looks like it's testing for trend reversal. S1: 0.260 S2: 0.245 R1: 0.290 R2: 0.330

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Possible handle forming to surge higher and test new high. Neck line Support Price: 0.735 Neck line Minimum Price: 0.670 Trend: Up Trend

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Since 04-Jan-2021, Malaysia Big-4 Gloves Counters namely: TOPGLOVE, HARTALEGA, SUPERMAX, KOSSAN, being heavily shorted. 40mil Topglov shares were lended out by EPF under SBL to shorties to short. RSS sold volumes for today from 9:00 am to 5:00 pm: 1) TopGlove 2,442,000 shares 2) Hartalega 265,400 shares 3) SuperMax 264,600 shares 4) Kossan 0 shares The price is...

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If it can continue the Pennant breakout.

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Today Solutn rebound and gap up strong after 4pm, forming a bullish harami. Trend reversal sign (1). Let's see tomorrow if it can form another bullish candlestick? Or is it just technical rebound only and will fall back and broke below S1:0.555 (2) ? Let's see how it goes... R1: 0.705, 0.735 R2: 0.870, 0.910 S1: 0.555 S2: 0.370

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Seems to support strongly at 0.290. R1: 0.290 R2: 0.295 R3: 0.300 R4: 0.305 R5: 0.330 If able to break R1, R2, possible uptrend 1. If failed, possible fall 2 to find support at 0.270 and test up again. If failed and fall below 0.270, then will find next support: S1: 0.270/0.265 (may set as stop loss if fell below S1 at closing) S2: 0.245/240 (Beware if fall below...

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Seems to try support at 0.270. If it can stay above 0.270, maybe possible to trend up, or at least stay sideways for a while before trending up/down. Next support 0.260. Let's see how it goes...

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Support: 0.135. Any chance to trend up? Need to see coming days how it trends to decide. I think if it stay above 0.135, still stand a chance. Let's see how it goes...

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What will the trend be? See current price trying to hold at 0.145 Next support: 0.135 R1: 0.155 R2: 0.160/0.165

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See support at 0.275. Will there be a pennant breakout soon? Going toward trend 1or trend 2?