I reiniated the position, based on previous analysis Entry : 0.925 Stop Loss : 0.890 Take Profit (3r) : 1.030 BUEC Position POE #3
With the assumption of an impending Stepping Stone (Red Color Box) which signify of a re-accumulation , i initiated a position : Entry : 0.955 Stop Loss : 0.91 Take Profit (2r) : 1.05 I bought the share on 9 Novmeber 2023 (As Shown) Very Short Term Trade Pure Wyckoff Methode
After the price broke our short-term downward trendline, it making a new Higher High and Higher Low. This is the third opportunity to entry for this stock at nearest demand zone with stop lost below our zone. Expecting the price to make a new higher high around resistance 3 level. This message is for education and information purposes only. It shall not be...
SMRT Time Frame Weekly Finding nice pattern = Flag pattern Already break downtrend channel Wait going to higher and wait to break another RESISTANCE When break the resistance going to fly and price to ATH #thisonlyforpredectionstudy #thisnotforbuycallorbuysell #chartpattern #TAYOR #MFM.TRADER
Based on the chart, the price break MA20 with large volume. We can see that, the price still maintain above 0.57 and MA30 which can consider a technical chart. Now waiting the price to break the resistance 0.675. Moreover, the weekly chart shows that SMRT still in oversold region and likely to cross from that region and move higher.
There is possibility forming an arch and slowly change the behaviour Break above 0.135 will gather more attention for trader as it breakout out of 52 week high price action
Can buy as long as the price doesn't break MA200
Note - From the trendband chart, it shows that the price action is in bullishness mode. I jotted down some ideas on pattern appear on these trend. - the peak_R-01 lines show a constant rally of price movement from 0.14 to 0.155 which is giving us a good sign of the trend should go on bullishness. - the bottom_S-01 shows strongly when correction are made, the...
Note - there some bullishness in Trendband chart. Look for pullback entry suggest
With big volumes are coming in since few months ago, could it break 0.125? 0.125 is the strong resistance since Nov 18'. By looking at the building of the volume, seems like momentum is building up to push through. EXCITING!
All indicators already positive Though not a solid BullishEngulfing , its enough to see more upside at least for BTST
Last price should be around RM 0.13 price level, but most likely RM 0.15 will be well supported. I have an extremely crazy idea for this stock. First strong resistance located around RM 0.230, if break thru with healthy volume inflow, i am expecting more upside potential. RM 0.300, RM 0.370, RM 0.500. Today closing price at RM 0.15. Disclaimer: This is not a...