DANCO trade ideas

FakhruddinFazil Updated 

The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.

MY_Bursa_Journal Updated 

- Nice risk and reward area. - Volume profile accumulation as support. - Probably completed 5 wave consolidation. - Solid fundamental as backup with possible beneficiary of commodities trend hike. Disclaimer: For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk. #TAYOR

hayan500 Updated 

Filter 3 combines the conditions of both Filter 1 and Filter 2. It requires that both Filter 1 and Filter 2 generate signals simultaneously. When this happens, it indicates a strong breakout signal with price and volume confirming the upward momentum. TAYOR

Sha_zy

Danco look like will test resistant 0.500. Confirmation for uptrend needs to break 0.680 first.

mohdhusrizal7 Updated 

TP = as per TP01 Line Support = as per Support Line Stop Loss = as per Stop Loss Line

amdshah

Seems that danco start rebound and didnt go over its support beyond 0.490 Lets follow if can hit and break past year resistance 0.750

naufalabidin

Sector : industrial products.Fundamentally strong company.Tecnically forming cup and handle pattern.Price just broke up the handle,but in low volume.Watchout any follow up upward price movement with high volume to confirm uptrend.

AMTechAnalysis

Pre Consolidation Breakout Setup. NO INVESTMENT ADVICE IS PROVIDED DISCLAIMER Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any...

OroticTrader Updated 

Disclaimer: This is not a buy call but for learning purpose Technical analysis Price at MA50 Volume OK Potential rebound at trendline RSI below centerline

TFJ153

up trend need to BOD over 0.69 buy at 0. 695 TP 0.725 SL 0.66

Ahmad101

completed pullback

izzaire15

This counter keep making new HL and HH. The trend is still bullish. MACD is ideal as still uptrending, green candle formed and maintained above 0. The highest resistance is 0.915. Set your own TP, CL and EP. #TAYOR

HTB_Club

DANCO Rst: 0.685 Spp: 0.66 Dark cloud cover but I think there's tendency to see uptrend continuation as long the stock can sustain at key long term RB breakout neckline at 0.67.

Glem

This makes us wonder what the fourth quarter results will be like, considering the company already did so well under challenging conditions. Based on notes to Bursa Malaysia, the management of Dancomech seem pretty confident with the company's ability to maintain this momentum. Management said that the good results were helped by MTL (the newly acquired 70%-owned...

rosaidibhk

kenaikan dalam mingguan jgok ni

RuslanAdi

MYX:DANCO Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant

RuslanAdi

MYX:DANCO Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Support & Resistant Zone

Beck-SabahForex Updated 

Entry point @ 0.565 Take profit @ 0.630 Stop limit @ 0.500