2022's multibagger stock MYX:HEXTECH has seen consolidation since the start of 2023. Keeping my eye on a breakout of 23.66, with stops at 22.26 and targeting towards 27.06 area. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be...
After pulling back and consolidating, I am looking at MYX:SALUTE to stage another wave up. Trigger: 0.965 Stop: 0.87 Targets: 1.28,then 1.57 These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
Per my tagged previous post on MYX:SUPERMX , everything seems to be going per planned and as expected. Targeting the the support region of RM1.00 for this ticker. Good luck. I am in no way a market pro. I don't read any fundamentals/news or analysts reports. Everything here is based on charts.
Following my 6 September post on this ticker, MYX:TOPGLOV has moved according to my prediction and is on track to reach the target. I have made some mistakes in estimating the target of RM2.30 earlier, but in this post, I have revised the target to around the RM2.00-RM1.80 region. Good luck.
Back when MYX:TOPGLOV was trading at RM7.29, I posted and idea of a downtrend forming. People laughed. After a few more other update posts, it is now trading below the RM1 mark. Expecting prices to tumble further if it manages to break below RM0.81. Denial does not make the stock rebound. Why not trade what we see instead of what we think?
Litrak has the potential for a strong move to the upside. Trigger: 4.70 STOP: 4.60 Target: 4.90 minimum
Candlestick Healthcare Index rebound from support. reversal coming if can break resistance.
1. Ascending triangle pattern can be seen 2. Price always bounce at the pattern support. 3. No abnormalities can be seen in volume, RSI and OBV. 4. Potential RR ratio is 2.5:1
1. Bullish divergence pattern detected in RSI 2. OBV also showed bullish divergence pattern 3. Price had broke the pattern resistance with a bit high volume than normal. 4. Price had also retested the previous resistance that had been broke but with low volume. 5. Potential risk ratio is 3:1 6. Price may retested the EMA200 in the future. Lets see
1. Ascending triangle pattern can be seen 2. Looking at past history, price will bounce when hitting at the support of the pattern. 3. No abnormalities in terms of volume, RSI and OBV. Besides, volume becoming lower and lower for 4 days and that showed that the selling pressure is becoming less and less. 4. Risk reward ratio is 2:1
1. Ascending triangle pattern can be seen at current price 2. Had marked the probable support for the chart as looking back at past prices, will always bounce at the support 3. No abnormalities can be seen in RSI and OBV. 4. Potential 2:1 risk reward ratio
1. Price getting lower and the EMA200 for now managed to held the support. 2. Bullish divergence in RSI 3. Bullish divergence in OBV 4. Potential play : a) Wait for price to close the gap b) Go long with 3:1 ratio or 5:1 ratio
Looks like FCPO is at the 4 hour timeframe support level. If viewed in terms of fibonacci retracement, it is likely that the price will go down.
DATAPRP still below EMA 200 Accumulation phase weekly Chart Support 0.170 Need to breakout with strong volume For next phase.
Miss this support zon, possible going if maintain above this zone.
1. Price making lower low 2. If see monthly chart, can see the price is nicely put in a pennant shape 2. Bullish divergence in RSI 3. Bullish divergence in OBV (people are buying) 4. Potential 3:1 reward
1. Price at MA200 support 2. Price making lower low 3. At the MA200 support, there is a present of small candle but with high volume (anomalies detected) 4. Bullish divergence in RSI 5. OBV increasing while price decreasing 6. A good potential 2:1 ratio play.
1. Example of powerful tools of PVA Analysis. 2. The analysis that can be done are : a) Price making higher high but not followed by volume b) An inverted hammer is formed with high volume (shown selling off by market maker) c) A bearish divergence in RSI d) A bearish divergence in OVB 3. All of this clearly shown that price is exhausted and a retracement is...