Technical Analysis Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the...
In this week ahead, the glove stocks are poised to receive shocks from the Malaysia's Parliamentary tabled response on the take of Malaysia 2021's Budget Reform. This reform entails high fundamental risks to not only glove stocks but also other relevant stocks such as "The Renewable Energy Sector" as the budget pursues a wide variety of efforts to spearhead a...
Harta 26/9/2020 17.400 is the first resistant here, followed by 18.360 and 21.160. Harta is the one showed the strongest in this gloves sector. Harta 23/9/2020 If harta is able to breakout from this downtrendline , other gloves may followed here, harta MACD crossing here. is a good sign . 15.320 is the resistant, if able to breakout from this RST area will be good here.
Stay away. If you know head and shoulder pattern, you know this is not looking good. Perhaps one of the ugliest looking top tier glove chart at the moment. If things really go south for glove counters amid the vaccine discovery, harta may experience larger-than-peer drop.
Harta 7/8/2020 Flag Pattern Correction, similar to earlier behaviors. Supports at 18.880, 18.000. Harta 4/8/2020 despite there is a technical rebound after hitting the support at 18.000 area , daily's high still yet to be broken here, will be good if can break above today high ( 20.680)
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...
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