Earlier we have a 2nd entry signal at 1.2. Price doesn't go up as I expected earlier, however, it doesn't break through the cut loss line we set. Hence, I remain on the TP earlier, around 1.4+ Yellow dotted line referring to support & resistance. TP = RM1. 40 / +20% or more CL = RM1.03 Like my works? Please hit the Like, Follow and Share or tip a coin...
Very strong buying momentum. Price firmly broke out previous resistant 2.66 with much higher volume and strength. I'm expecting first TP @ 2.94, then 3.33. Considering cutloss at 2.4. Risk & Reward ratio = 2 TP = 20% CL = -10% Like my works? Please hit the Like, Follow and Share or tip a coin :) Thanks! Disclaimer This information only serves as study...
Momentum turn from neutral to slight weakness... Major Support at 150x-3x still holds , albeit weekly close below ema100 (~158x area) ❇️ Fundamentals: Market sentiment likely dragged down by deteriorating COVID situations, both nationwide & worldwide. Q2 GDP figure unlikely to be favorable (despite mainstream media bullish projections) Commodities...
Due to this longer pandemic, no body will know until when this will last. Malaysian government, is very caution for the economy. Total lock down will make economy more worsen , and hard to awakening. The pattern is likely to challenge all the supports, but if there is a high demand of economy ... perhaps the trend will obey the uptrend channel.
CIMB supporting at this MA area, and it has possibly forming an uptrend cup and handle pattern. Looking at the financial sector / fbmklci, there's a possible rebound. If this zone confirm the support, possible TP will be at 4.95, 5.26, 5.6 The supporting price is at 3.8. Like my works? Please hit the Like, Follow and Share or tip a coin :) Thanks! ...
After few months of consolidation, markets come to an end of testing the downside. I'm looking at the first target of reaching 1659 :) Energy, Finance, Healthcare sectors will be leading the market.
Uzma testing on the new support/ higher low. The support fall on the long-term downtrend resistance(blue line), now become the uptrend support. Will be testing the previous high again @ 0.895 TP : 20% / 0.895 ++ SL : -10% / 0.665 Risk reward ratio = 2++ Like my works? Please hit the Like, Follow and Share or tip a coin :) Thanks! Disclaimer This...
Earlier we have an entry signal for this, reach the TP and successfully close it, now it fall on the support line where selling pressure is low. Price action and volume , showing buyers' power increase. Risk reward ratio = 1.38 TP = RM1.40 / +20% or more CL = RM1.03 Like my works? Please hit the Like, Follow and Share or tip a coin :) Thanks! ...
CMMT broken the long-term downtrend line, volume starts to build up and price are chasing up. The lowest low at 0.595 has been tested few rounds, it can't go any lower now and the selling pressure are changing to buying momentum. My first TP will be 0.835 second TP will be 0.9 Risk reward ratio = 2.2++ Cut loss if anything go lower than 0.69 Like my works?...
Green line = downtrend X line, supporting line price fall exactly around the X line and Fibonacci line, showing that here is one strong supporting zone. Buy for a rebound play, expecting rebound to RM5.2 ~ RM5.6. Consider a minimal risk to enter at this price. Cutloss = -10%
Expecting a rebound from bottom of the uptrend tunnel. Selling pressure getting low, and buying momentum increase. Risk reward ratio = 2.7 TP = 20%+ CL = -8% Like my works? Please hit the Like, Follow and Share :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
TNLOGIS trying it 3rd attempt to break up the resistant level MACD momentum is stronger than previous high and the current price level is at the bottom of the uptrend tunnel. We can do a swing trade here. Volume is still missing out Can monitor at this one, if volume coming in, I will expect TP around RM1.11(+20%) CL : -7% Risk reward ratio : 3.8 Like my...
Price now RM1.04 Trying to break previous high resistance. What is different with previous high are, this time buying volume has increase, and momentum/macd is stronger than before. Price action is also at the support of midterm Moving average line. TP +10% CL -4% Risk reward ratio : 3 Like my works? Please hit the Like, Follow and Share or tip me a few coins...
Price had been staying there for 5 months, Price action breaking up high with strong volume. Targeting +30% profit from current 0.225 Risk Reward ratio: 3++ Cutloss : -9% Like my works? Please hit the Like, Follow and Share or tip me a few coins :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
Chart pattern is forming a triangle earlier, and price just break up, and stop at previous high. wait for a confirm breakout 0.275, then only buy in Risk reward ratio = 2+ CL = -10% Like my works? Please hit the Like, Follow and Share :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
You might be interested to buy this stock since they won a multibillion project from the government. You frustrated that you didn't get to buy it during it prices at 0.15 area. You are so down and when you see that it's prices is going down during the last week you were thinking that this is the time to buy. Well might want to save your money instead. Technically...
Awantec is forming a perfect cup & handle pattern. Expecting it will breaking up previous new high, around RM 1, and going all the way up. Risk reward ratio = 2.2 Like my works? Please hit the Like, Follow and Share :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
Chart pattern is forming a triangle, entering a squeeze. Expecting it will challenging previous new high, around RM 0.90 (+20%) Risk reward ratio = 2.8 CL = -7% Like my works? Please hit the Like, Follow and Share :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.