Analyze notion target profit based on fibonacci extension
Notion as mask supplier in this covid situation and the implementation of mask wear rules giving this counter positive sentiment towards mask demand and positive sentiment to the Malaysian traders
This stock has been limit up for 2 days in a row and continue to hit the limit up today
Current target price...
Another counter I missed the EP at 0.885. A harshed reminder to put alarm on all my possible EP.
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
NOTION VTEC BERHAD (0083)
Notion VTec Berhad is an investment holding company. The Company is engaged in providing management services, and provides a range of services from design to production, tooling development, quality assurance, surface coating and finishing, heat treatment, and shipping and logistics. Its segments include Manufacturing and Investing. The...
Eyeing target for Notion and MYEG at around 1.39-1.40 each. This week or untill next week. Tomorrow might see a little consolidation/down before it start to climb. However wait for confirmation signal, and if it show earlier down signal - exit.
Emergence of shooting star deteriorates the formation of bullish piercing candle yesterday, which is further sign of pull back. May risk plunge back to MA200 again.
Recovery done right from Fibo Retracement 78.6% - do note only stock with real bullish momentum can perform its recovery from this level, weak one usually will fall to 61.8% or deeper to 50% before charging a rebound.
Rst: 1.00/ 1.06
Spp: 0.96/ 0.93
Broke above resistance at 0.96, momentum shows no sign of slowing down. Widening BB will continue to drive the stock further. Maintain my view, trading opportunity valid, you can consider to grab if there's any chance retrace to 50% of today bull candle - around 0.935