Chart pattern using line charting to eliminate noise in market. Potential wave chart pattern as shown. Simplicity is the best~!
Mid to long term trend.
Give a thumbs up if you agree with the idea :)
ENTRY: 9.55
SL: 8.91
TP: 10.10
- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- Retraced to 61.8% fib level, and rebounded on 8 Oct 2021 with volume.
- Looks like volume dry up today after yesterday selling volume, which is a possible bullish sign.
- Earnings on 21 Oct 2021 to watch out...
Sign of Strength in the chart:
1. NS Signal as Support
2. VCP setup
3. Pocket Pivot
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
Despite the recent 19% retracement from the All-Time High of 9.680 to a low of 7.80, iFast is still extremely Bullish in terms of a long-term trend.
As investors or even mid-term traders, one's strategy should always account for such a level of retracement.
The current support level is at 7.770 to 8.00. If you are looking to purchase at a lower price than the...
Sign of Strength in the chart:
1. Reaccumulation with VCP Pattern
2. High volume Upbar testing Resistance
3. NS signal with price above 20/40ma
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
#SingaporeStock $IFAST(AIY.SI) #IFAST
Daily Chart.
Price broke above 20 & 10 ema.
Still possible to retest 5.55
Upside possible target: 6.5 if you are holding.
Slow Stoch up. Wait for LMACD to curl up for trend confirmation.
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This is #PersonalOpinion. Pls #DoYourOwnDueDiligence
#PeterSinGuili
#SwingTrading
$IFAST(AIY.SI)
#SingaporeStock #IFAST #AIY.
Decision point. with key levels. If price doesnt hold, looking for further pullback to 5-5.50 for possible entries.
This is #PersonalOpinion. Please #DYOR.
.
#PeterSinGuili
#TechnicalAnalysis
#SwingTrading
#Investment
View On i Fast (7 Dec 2020)
What a drop!
We are seeing a sharp rise in the today volume as well.
It is a sign of a lot of SL get triggered.
You need to be careful with buying in. You might get lucky but the risk are there too. So, be very careful with buying in right now.
$2-$2.4 will be the strong support region.
DYODD, all the best and read the...
IFAST has been consolidating in a Bull Pennant for the past couple of week. Long within this pennant from 1.40-1.46 with initial stop just below the pennant @ 1.39. Matter of time. Be patient. :)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk...
Using Bollinger Band and the combination of the Relative Strength Index (RSI) above will help us to better time our entry and exit points. RSI is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock. A reading close to 70 can be interpreted as overbought or a bullish trend...
![AIY: [Analysis] iFast (AIY)(SG) Bullish but, plan for averaging down](https://s3.tradingview.com/n/NkjZl16E_mid.png "[Analysis] iFast (AIY)(SG) Bullish but, plan for averaging down")
