One of stock that need to put on watchlist. Hearing some rumour say RTO at 50sen. Not sure the truth, but from observation. This price is hardly to break 230sen since few days.. Showing someone is controlling the price and don't want it to touch below 0.230sen. So i say,27 November 2020 can start to monitor this stock. It's time already to fly..
The recent daily candles shows that inverted cup and handle is in the making. Inverted CNH pattern is valid when the daily candle close BELOW neckline with high volume above monthly average (Scenario 1). The pattern is invalid when daily candle close ABOVE down trend line (Scenario 2) If neck line is broken, next price will test strong support 0.27
Bollinger Squeeze * Bollinger Squeeze can go both ways either up or down * No confirm time frame for how long this Bollinger Squeeze will will take place * If break upwards, potential TP approximately MYR18 range
support level at 3.20 Resistance 1 : 3.50 Resistance 2 : 3.85 medical gloves are on demand globally so investing in careplus till 2021 shouldn’t be an issue. *Profitable company * If you bought at the higher price my suggestion is use this formula call (buy on deep) Buy On deep at 3.25 It’s helps you to lower your total unit price (Lower price vs more units...
It may takes a week or two for confirmation. If the daily candle break 0.39 support, the form will be broken and make the theory is invalid.
Today's daily candle has filled the gap down on 27th Aug. If this daily candle for this week break the resistance 1.75 we can assume rounding bottom pattern is valid and price will continue to climb. Pay attention on volume as well as we need volume more than 1 month average to support pattern confirmation.
Scenario 1 : If candle tomorrow open above gap and close above gap with high volume, island reversal pattern is completed and price will fly high. (This is a rare and strong signal) Scenario 2 The gap will be filled first before price continue climbing Scenario 3 If candle tomorrow open below gap and close below gap with high volume, reversal candle pattern...
Demonstration & Ilustration For Analysis Tools by MFA Status: Currently in transition mode from Bearish Momentum to Bullish Momentum (Red to Green). Bullish Signal: Confirmation by Yellow Arrow. Arrow's Charateristic:~ Yellow: Strong Bullish Signal Blue: Weak Bullish Signal Red: Bearish Signal Trading Style: Swing Estimated Holding Period: 0-2 month ...
Demonstration & Ilustration For Analysis Tools by MFA Status: Currently in transition mode from Bearish Momentum to Bullish Momentum (Red to Green). Bullish Signal: Confirmation by Yellow Arrow. Arrow's Charateristic:~ Yellow: Strong Bullish Signal Blue: Weak Bullish Signal Red: Bearish Signal Trading Style: Swing Estimated Holding Period: 0-2 month ...
With the approaching QR, it could either go up to an all time high, or a rejection at resistance will see retest its support.
A Malaysian semiconductor stock listed on the KLSE, coming towards the upper boundary of a 5-year consolidation pattern. Depending on how you draw it, it could be a rectangle or an ascending triangle - no matter, the pattern is bullish at this point in time. The icing on the cake is the small symmetrical triangle forming on the daily chart, which will work nicely...
Kgroup perform cup and handle pattern Price currently landing on Ichimoku Cloud and still in handle pattern. Stochastic : oversold area waiting to rebounce Entry price, once price break the pattern and target price is X to X (RM 0.23)
Technically, Price just crossed up MA20 and breaks from the consolidation box in daily time frame. In my opinion, KRETAM will breaks the descending upper trendline and reach RM0.50 ( psychological level ) for the third time. If buying interest is higher than the selling pressure (successful breakout), the stock has potential to reach RM0.56. The best entry price...
Beli di Zon Beli (Permintaan) dan Stop Loss jika harga jatuh melebihi line merah.
UWC has been riding on a solid uptrend line. Almost every time when it touched the trend line, it immediately climbed back up and chart higher. After a few days of minor correction, it seems to be forming a ascending triangle. EP: 4.690-4.700 TP: 5.170 CL: 4.550
DSONIC looking promising, forming a nice triangle at the moment...will continue to observe the movement...breaking above 1.520 will be great.Otherwise, wait for it to fill up the triangle first.
Rising wedge triangle seen here with an overbough RSI. Potential sharp correction soon? Healthcare equipment counters are piping hot nowadays due to the ongoing pandemic. However, there is always a chance that reality may not meet the expectation. Chart wise, hartalega, like most glove counters, it continues to chart high higher highs but it seems to me there may...
Another attempt to break this major resistance level again. Breaking this 0.580 resistance level is crucial to keep investor momentum going and in order to chart higher highs and lows in the near future. Another major resistance level after that would be at 0.625 area. Will need to monitor first. Personally i think it is only worth entering if it breaks above 0.625.