This is an atypical Re-Accumulation of Schematic #2 (Rising Bottom)
Latest price BO possibly indicating of JAC (Crossing the creek) as mentioned by Bob (Senior Wyckofian Scholar)
Im hoping that there will be a temporary re-trace for BUEC
position initiated as attached
Pure Wyckoff
Just some chart pattern idea here to monitor. If this pattern able to break, it will continue to rise higher. Perhaps a good technical trade for aggressive trader. Red chip also keep appearing.
CHINHIN VCP breakout recently after QR released. Looks rigid with below setup:
C1: -18%
C2: -10%
C3: -7%
CHINHIN is contradict to market movement. Good sign of smart money flowing into it.
Let's see.
Disclaimer:
Not buy call recommendation. Just personal sharing through chart pattern and trend analysis. Trade at your own risk.
KUALA LUMPUR (March 3): Chin Hin Group Bhd has trimmed its stake in clean energy specialist Solarvest Holdings Bhd to 24.27%, from 27.5%. The 3.23% stake, comprising 21.54 million shares, were sold for a total of RM20.4 million, Chin Hin said in a bourse filing. Of the shares, 7.03 million (1.05% stake) were sold for RM6.73 million on the open market, and another...
GOODLUCK TRADERS
TRADE AT YOUR OWN RISK
buy at the support will be recommended!!!
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
JUST MY OPINION!
NOT A FINANCIAL ADVISE!!
short term trade
using tf30
analysis
1- srsi--> oversold
2- macd --> selling momentum decreasing, bias to reversal
3- ROI, quite ok 5%, risk 2-3%
volume still relevance and valid
