8% profit -price dah sampai 15% dari BO place -ADR (volatility), drop from green to red line (range 2.5 - 2.9) indicate supply = demand -RSI>50 = strong uptrend momentum -RS>0 = strong stocks compared to FBMKLCI characteristics: 1st drop < 35%, last low cheat < 15% from top monitor closely when it has small range, Remember: volume come first before...
I have not been posting recently - due to one reason ... the market is not giving any nice setups. As i have learned CASH IS A POSITION. I do not need to be in the market all the time. I took couple of trades and got stopped out. You see breakouts working 2-2% above breakout level and then they fail. Better to watch from a side line. So i am actually posting this...
Apple Inc is showing VCP setup with below contraction of: C1: -12% C2: -3% The setup is similar to its previous setup from Sep - Nov 21 with below contraction: C1: -11% C2: -3% Previous rally gain was around 19%. Let's see if this round able to breakout ATH again or not! Disclaimer: Not a buy call recommendation, just my technical analysis based on chart...
COCOLND VCP setting up with below contraction: C1: -21% C2: -7% C3: -7% C4: - 3% Price and volume interaction is rigid indicate strong demand. Pending another volume and price follow through. Also observe a small cup and handle.(Black line) Disclaimer: Not a buy call recommendation. Just my personal technical analysis based on chart pattern and trend. Trade...
$RHI a 2021 market darling until the last week of November, where it undercut its 50MA for the rest of the year. currently established a higher low with cup and handle pattern. weekly chart, it capture back its 10MA for the first time in 7 weeks. actionable trade for today
Some nice VCP / Saucer Handle patterns on JO as it continues to climb higher. Watch for a break higher if it can chew through 67 zone resistance Break lower out of triangle / trendline support invalidates long idea. On a macro level we're seeing bullish setups in AG complex (coffee , rice, wheat, corn, soybeans, etc.) , coupled with inflation coffee should...
PANTECH has developed VCP with 3 contraction. Cup and Handle also observed at the same time. C1: -21% C2: -5% C3: -5% Price breakout on 3 Feb. Let's see will volume continue follow through the price out or not. Disclaimer: Not buy call recommendation, just sharing technical analysis through chart pattern. Trade at your own risk.
Happy CNY everyone! RESINTC got decent profit last year around Oct. Have been monitoring RESINTC since Jan 22 when it showing rigid setup back MA50. Currently developed VCP at C3. C1: -28% C2: -16% C3: -5% Let's see if this round can spike for ATH or not. Disclaimer: Not a buy call. Just sharing technical analysis through chart pattern. Trade at your own risk.
Beautiful VCP base. Volume dry-up within the base and strong buying. Trading above key moving averages. RS score of 95. Publishing for my own reference. Not an investment/trading advise.
VCP characteristics in place ... - above key lines - first contraction already happened - setting up another one ... on short list now ....
I'm bullish on shipping sector and love the price action on ZIM, follows trend line and nice VCP patter (volatility contraction pattern) Not much downside in the name either with other tickers down pretty big - RELATIVE STRENGTH ! PLUS Dividend ! I like the R/R starting a position here with a stop loss just below the breakout level !
A very powerful setup we see on GOLD. A classic VCP ... with tight stop loss we are above all key averages averages are rising. Very VERY powerful. Looking for breakout and i am LONG!
Pivot @1882. Stock holding the 21 EMA. Volume dried up significantly on the third contraction. Publishing for my own reference. Not an investment/trading advise.
Breaking out of VCP action. Good tightness in stock around pivot. Inside day candles. Not initiating a trade on this one as already in lot of other trades. Watching this one! Publishing for my own reference. Not an investment/trading advise.
Base on Base formation VCP on 1 hour timeframe as well. Inisde day candle. Volume dry up on supply. Pivot buy at 239.5 Tight SL at 227 Publishing for my own referene. Not an investment advise.
Stock is forming VCP structure. Would like to see some closings near the pivot point to initiate long position. Publishing for my own reference. Not an investment advise.
Stock has formed a VCP with supporting volumes. Trading above the key EMA (trending) and drifting sideways on the final contraction. Monitoring this stock as small cap index is indicating weakness. Publishing for my own reference. Not an investment advise.
Stock has formed a VCP base. Drifting sideways near pivot and 21 EMA. Inside day candles No supply left as volme dries up on red days. Pivot buy at 658.2 Publishing for my own reference. Not an investment advise.