CCK might rebound? The candle are now closer to the resistance and support line. Base on green volume and green candles, there might be something interesting for day traders.
Disclaimer: This is not a buy call but for learning purpose. Around support area.
Support: 0.61 CUTLOST 0.57 Resistance: 0.65/0.69 The CCK CONSOLIDATED HOLDINGS is the collective name for CCK and its subsidiaries. The group is principally engaged in poultry, seafood, trading and transportation. The Poultry segment has integrated supply chain consisting of breeder, hatchery and boiler farms. The seafood segment is involved in prawn agriculture...
Disclaimer: This is not a buy call but for learning purpose Analysis Low volume. Price around major support and potential rebound at trendline.
The most of strongest Momentum wave - Golden Wave (impulse) Criteria : * Minor wave 3 in 3rd impulse major Elliot Wave * Strong Bullish Momentum volume unusual * Steepness of a trend line increases from 45% to 70% deg * Strong Break in bar retracement symmetry leading to a change in trend behavior * Bullish gap up price action
cck want to mak technical rebound before up to next wave 5
Disclaimer: This is not a buy call but for learning purpose Technical Analysis Price around EMA20 Volume is OK Potential rebound at support line & EMA line RSI around 50
CCK Fake Break Out or New 52 Week High at TF(4H) I ndikator NotaSaham Hybrid show Break Out (BO) signal at Time Frame (TF) 4 hours today (17/3/2021). Based on Fibonacci Retracement, price rebound at 61.8% which is equal to 0.670. The next resistance are R1 = 0.710 and R2 = 0.75. For MACD (default), blue line nearly cross up red line which is both line in...
Short Term target may not really worth.... but still a good money Then waiting for next Wave with some good news?
Trading Idea CCK (17/02/2021) - Buy on breakout (above EMA50) - Target and stoploss as drawn Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Public bank have made a call on 24/11/2020 with the target price of RM0.730. At current price, it expected to forming wave 2. From my view, the price fell with sign of healthy retracement because; 1. Price had stop at Fibonacci of 0.618 from leg of wave 1. 2. Volume also diminished during the retracement. This publication just for study purpose, not a buy...
1. TR setup formed at Daily, weekly EMA 200 below price. Next resistance seems to be strong at RM0.65 2. Hammer formed and break at RBS. 3. Bursa Marketplace rating 10, average target price RM0.76.
1. Shakeout completed - removal of weakhand holders 2. Long period accumulation - Shakeout in accumulation - False breakout in accumulation - Lots of upbar with increasing volume 3. Change in trend with high volume - Pullback - Testing major resistance Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and...
CCK breakout from rounding bottom and currently performing bullish continuation pattern on top of it. The uptrend shall continue once this continuation pattern breakout.
It seems has break from 6 month accumulation range and retest the newest support. If the RBS is good enough, I would expect it to go to previous resistance of 0.780. If the RBS is not strong, then it will most probably reaccumulate in new trading range.