CENSOF is a company in technology sector which specializes in IT services and solutions. This counter had fulfilled the criteria of indicators that i'd been use in technical analysis that made me to published this idea. There are few indicators and reasons which supports my idea. Firstly, this counter have a strong resistance and support line. As you can see...
Sign of Strength in the chart: 1. Re-accumulation with VCP 2. Effort bars above 20/40ma 3. NS Signal Stocks to monitor: 1. EWEIN 2. Censof 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
4th Sharing of the week. HHGROUP VCP also quite rigid, just that 21 July red volume a bit much... C1: -40% C2: -17% C3: -9% C4: -7% Pivot is here... Another concern is the fundamental of this HHGROUP. Chart move first and news follow? Let's monitor! Can comment below for discussion. Disclaimer: This sharing is based on my technical analysis experience. Not a...
3rd sharing of the week is SP SETIA VCP setup with below contraction: C1: -18% C2: -6% C3: -6% To be honest, i a bit confuse during this pandemic period, property demand is good? By logic thinking the economy is impacted and property demand will drop significantly... But, chart is our best insider.... Few property related chart is brewing such as this SP SETIA,...
Here you go for the 2nd counter of the week, KGB with 5 contraction below: C1: -34% C2: -21% C3: -11% C4: -8% C5: -8% 5th contraction is the pull back after the previous breakout. The candle and volume on 23th July looks solid. Something brewing for KGB. Fundamental wise looks good as well. Disclaimer: This sharing is based on my technical analysis...
REPOST due to previous post is hidden as it violate trading view house rule to have link in normal account. I have remove the link in this post. This week quite excited as i discovered another 3 counters with crispy VCP setup to share with you all. Here you go for the first counter, WCT with 3 contraction of C1: -24.28% C2: -13.74% C3: -6% The huge volume on...
Watchlist Setting up a low cheat area with VCP characteristics, I would like to see a few more days before it breaks out. Volume needs to decrease a bit down to make the play fine as old wine.
Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
BO of a longer period resistance line,approximately half year. Does it fall VCP pattern ??? i dunno.... anyhow use TA. Resistance line become support line. Let it fly.....we shall see how far can it goes.
DPIH is forming VCP with contraction below: C1: -29% C2: -15% C3: -11% C4: -? Based on prediction, i believe there will be one more contraction with less than 10% before it fully breakout and take off. + in watchlist... Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
Texas Instrument developing VCP with below contraction: C1: -11% C2: -4% C3: -3% Very low risk entry point. < 5%. Prospect wise: Semiconductor demand from world wide despite pandemic situation as new norm require people to work from home, home entertainment and etc. My first VCP coverage in US market... More to come.
Seldom cover penny stock in my sharing as the risk and volatility are higher. MPAY has nice VCP development with contraction below: C1: -33% C2: -16% C3: -12% C4: -4% Low risk entry ~5%. Waiting breakout with huge volume. Disclaimer: Not a buy call, just technical analysis sharing based on my experience. Trade with your own risk.
JFTECH 169 days VCP development with below contraction: C1: -44% C2: -21% C3: -11% C4: -7% Bursa Tech sector showing rebound signal recently and Nasdaq movement is strong as well. Fundamental wise, JFTECH prospects looks good in their 5G & AUTOMOTIVE testing application. Waiting for breakout. JFTECH weekly chart also showing nice setup! Disclaimer: This...
Hextar previous VCP development was during Jan 2021. (See below article) Another VCP development observed recently with below development: C1: -25% C2: -14% C3: -6% + into watchlist to continue monitor if price can stand firm above MA50 or not. And wait for breakout with volume signal. Hextar business prospect is good on agro chemical related products....
128 days VCP development with below contraction. C1: -27% C2: -19% C3: -11% C4: -4% Low risk entry point formed with <5% risk. Awaiting breakout! Disclaimer: This sharing is based on my personal experience in technical chart analysis. Not a buy call, trade with your own risk.
Setting up back from pivot failure that stopped me out. An inside day before it breaks out will strengthen the play. I am watching very closely.