VSA Technique - analyze the price actions in comparison with the volume and spread change. Climatic Candle, C1 - Range spread > 50% - Volume > SMA (14) - Better not in the 1st bar of the new trend. Exhaustion Candle, C2 - Appeared after C1, same trend - Range Spread < 50% - Volume > SMA (14) Lack of Support, C3 - Appeared after C2, same trend - No requirement...
Two possible patterns on Axiata Group. Looking for an upside move. What do you think? Share your thoughts.
Hi, I think AXIATA has completed its accumulation period and will be going up soon Line A is a major support line, and price had been in a downtrend until it reached this level Bar 1 (Aug 28) & 2 (Sep 1) were down bars with ultra high volume, indicating that Smart Moneys had stepped in to buy this stock. Bar 3 (Sep 2) was a small spread bar but the volume again...
Technically, it is not looking good for AXIATA as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. For a turnaround to occur, the price needs to decisively break the resistance of 3.2 which has resisted any upward. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and...
Looks like the price making an uptrend on the hourly chart. with a tight stop loss, risk on to the upper side looks promissing. good luck!
Jangka Masa Pendek, Sederhana & Panjang Sektor: Telekomunikasi ----> Konglomerat multinasional Asia (Celcom) Trend: Baru patah trend menaik Candle terakhir: Bullish Kicker Cara analisis: Buat Market Structure High & Low ----> Support & Resistance sebanyak mungkin ikut sejarah chart Garisan warna biru = S&R lebih dari 1 tahun (lama) Garisan warna merah = S&R 1...
Jangka Masa Pendek, Sederhana & Panjang Sektor: Telekomunikasi - Syarikat konglomerate multinasional Asia (Celcom salah satunya) Trend: Menaik Candle terakhir: Bullish Kicker Cara analisis: Buat Market Structure High & Low ----> Support & Resistance sebanyak mungkin ikut sejarah chart Garisan warna biru = S&R lebih dari 1 tahun (lama) Garisan warna merah = S&R 1...
AXIATA GROUP BERHAD - MYX (Long Idea) As usual, wait for price pull back to the area of support highlighted
1. MAJOR TREND STILL BEARISH 2. VOLUME STILL MAINTAIN 3. NO SIGNAL BULLISH YET FROM MACD 4. MONITOR CLOSELY