With Major News Coming out form media.. DNEX stock might be soaring up.... BUT price might retrace to demand zone / daily 200 ema first at around RM0.55..Before RM5.00?! ( The NExt Major Weekly/Monthly Supply Zone)
Weekly chart: MYX:DNEX is in Wave 3. Strong Resistance: 0.990 52WH: 1.050 Stake Acquire / Buy: 1. Ping Petroleum 2. SilTerra semiconductor Things that press the price: 1. Warrant - Expire in End July 2. Private Placement matter #TAYOR (Trade At Your Own Risk) #NotBuyCall #EducationalPurpose
Fibo shows strong support at 0.675. Advised to trade when the price breakout on down trendline (BODTL). Thats all. Peace. #TAYOR
DNEX try to do reversal from bearish to bullish . Later, confirm the reversal with volume . High volume means buying pressure. Once the volume increase, sooner or later DNEX will fly steadily. History repeat itself. Disclaimer: The idea is just for an educational purpose only. TAYOR.
DNEX INVERTED HNS ON WEEKLY (LONG-TERM BUY) Based on HNS chart pattern on weekly, DNEX already break the neckline so that there are chances to buy this counter. Just wait for the price make a discount about 0.25-0.235. First target profit is around 0.325-0.355 and next target would be 0.425. Best Regards, LoneWolf Analysis.
Weakness in the chart: 1. Downbar high volume from the top 2. Sell-Off high volume 3. Below 20/40ma Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
DNEX Rst: Upper BB Spp: 0.77 Today’s breakout high chance is one-day show where strong blockage observable from upper BB and RSI has now fail to capture the momentum of price surge, indicating the surge may not last long, do expect weakness to follow tomorrow onwards.
Possible pennant breakout for this counter. Support at 660 and resistances at 730, 840. Bankers are still maintaining their position at almost 80%. Disclaimer: Trade at your own risk.
Target area for HL is in the green area (Fibo 38.2 - 61.8%). Invalidated if it goes beyond Support 0.485 TAYOR
2017 - USOIL price 50USD, DNEX 63.5 cent 2021 - USOIL price 61USD, DNEX ?
Price has stayed at 0.30-0.20 zone for 2 years before it break the consolidation zone to >0.310 & rally break to > 0.40. Expecting retracement/ pullback when market open next Monday due to Malaysia is celebrating Chinese New Year Festival. If most buyer who invested this week & started to let go next week, we could expect that the price will be moving sideway...
DNEX is expected to continue on bullish mode since brokeout last thursday. Expect the upward movement will continue for quite sometime before moving sideway.
Trading idea for Malaysia's Stocks, 1 of the potential company to keep for long term & short term. Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade...
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
FORMING TRIANGLE PATTERN AND NEED TO BREAK THE TRIANGLE PATTERN AND MAJOR DOWNTREND BEFORE HEADING NORTH
IF POSSIBLE, WAIT FOR RETRACEMENT , CROSS TL AND MA(FOR MORE CONFIRMATION)