Based on the chart, it looks like the stock is likely to form a triangle pattern. We can see that the volume is decreasing during the convergence period. Besides that, the stochRSI for daily and weekly chart is equal for about 25%. The stock is likely to move upward if it breaks above 0.265.
Example: AZRB
6/6/23 MACD already crossed up. 7/6/23 Filter 3 had appeared. When these setups happened,
it indicates strong breakout signal and suggests a potential strong upward momentum.
This combo can act as a double conformation before we make a long position. TAYOR
AZRB already broke the red line(downtrend) and is trying to break previous high resistant,
once it break
the next target will be around 0.33
Risk & Reward ratio = 1 : 1.83
Target price 0.33
Cutloss price 0.245
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Sektor: Construction
Sub Sektor: Construction
Status Indeks: Breakout 185.42 dan meneruskan kenaikan (uptrend)
Status Fundamental: -
Trading Plan:
Target Price 1 (TP1) - 0.33
Target Price 2 (TP2) - 0.38
Strong Support (SS) - 0.28
Cutloss ( CL ) - 0.265
Komen 1: AZRB dalam keadaan uptrend dan sedang buat HL setelah breakout R2 dengan high volume . Candle selepas...
Dont made your chart analysis so complicated.
Just follow the trend. If it want to go up, it will go up for certain period of time.
After standing above 0.26 we look back. Otherwise, forget about it.
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Disclaimer:...
Overall still downtrend , price already hit the lowest price for this counter and rejected it. As long price able to maintain above trendline and not making new lowest low i am loking for buying opportunities . Nearest hurdle will be at 0.290 .
ADAKAH AZRB AKAN MENERUSKAN KENAIKKAN? JOM NANTIKAN..
HALANGAN KETIGA PADA 0.320
HALANGAN KEDUA PADA 0.275
HALANGAN PERTAMA PADA 0.260
HARGA MASUK PADA 0.23/0.24
SOKONGAN PADA 0.205
INI ADALAH KAJIAN SENDIRI BAGI TUJUAN PEMBELAJARAN
AZRB meneruskan pendakian hari ini apabila berjaya memecahkan harga syiling pada 0.435.
Seperti yang dijangka, untuk hari ini, pendakian sudah sampai ke kemuncak pada harga 0.455. Jika AZRB mahu naik tinggi lagi, perlukan volume melebihi 52 juta dengan buy rate perlu kekal di atas paras 60%.
Kajian saya hari ini, harga AZRB akan kekal seperti berikut jika...
