NIHSIN has recently recovered a pullback, broken through a valid downtrend line. The share could potentially reach ATH at 0.375 or perhaps, higher at 0.395. Exit below support.
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Trading Idea NIHSIN (11/01/2021)
Entry: 0.24
Target: 0.29
Stop Loss: < 0.19
Disclaimer: This idea is intended only for the use of informational purposes and the price movement is highly subjected to the stock market sentiment. Therefore, please do your own analysis before making any investment decision.
Been following this counter for quite sometime. I am a swing trader. Hence I will keep any stock that have this kind of trend line. And ride the trend.
As a newbie, I love experimenting a few methods. For this:
RSI oversold, touching the bottom of the trend line, volume slowly building up.
From what I learnt, it supposed to move uptrend. But depends on the...
melihat arah tuju kaunter
- 2/3 bid bwh entry price adalah cutloss
- TP bergantung kpd keadaan market, kalau cantik boleh sampai ke R3
- sesuai utk short term kerana perlu pecah MA50 utk mid/long term
Sesuai bagi insan yang sabar, kaunter dalam keadaan uptrend dalam long term trend. Ada kenaikan harga dari previous low, ada volume besar masuk pada 22 september. Monitor for next move.
*Penafian : Hanya tujuan untuk pembelajaran, sila jaga trading plan tuan dan puan.
TA
Price already break TL and nearest LH . Currently price making CP or falling wedge pattern at demand area. Wait for reversal candle or bullish structure form before enter market.
FA (personally i do not really like the FA for this counter based on below criteria )
P/E : -6.19 (i prefer 0 - 10 compare -ve)
DY : N/A
QR : -5.9M
AR : -5.9M
Strength signal in the chart:
1. Cluster of closes in hourly chart
2. Green pentagon
3. Upbar high volume
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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
