DataPrep to the roof?Wait for a clear confirmation price action before start to buy at the support area.
Trade ideas
DATAPREP: POTENTIAL BULLISH?Dataprep will be potentially bullish in the next week forwarded targeting 2.58 /near resistant level.
TAYOR!
Dataprp ReboundRebound at weekly support at RM1.50.
Strong reversal with volume.
Might be a start of wave 3
Short term TP RM2.0
TP kayangan RM3
Done deep retracement and heading towards TPDATAPRP is heading towards TP = 3.19/4.71/7.17.
TF = 2-4 weeks
Disclaimer: The idea is just for educational purpose only. TAYOR.
Dragon Never DieHeikin-Ashi triggered a BUY signal on 14th April (First red bar appeared) before the price spike.
However, it is still below the Ehlers Instantaneous Trendline at the moment although it had break the resistance of 1.69 accompanied by a higher than average traded volume today. The price might move along the "dragon whiskers"? who knows lolz
***Lacks the fundamental (Latest QR with YoY - 35%); it is more of a speculative goreng stock.
DATAPREP ROSE FROM THE DEADsigns pointing to buying force returning. as long as price stays above the uptrend line, it will likely retest the 2.10-2.20 area.
DATAPRP... GAME OVERDynamic support has became resistant... On 23rd March, price tried to push through but failed...
After Distribution and MarkUp done at all 5 waves on left handside, believe RM2.3 - RM1.5 will be the price range for ReDistribution on right handside before next MarkDown.
Tiada lagi laungan KompangThe attempt to break out above the Fibonacci barrier have been met with reversal as the share plummeted below Support 1. Hence, the price could drop lower to Support 2 at 1.97. If the price could breach below Support 2, there will be no barrier for further price drop towards 0.65.
Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only
DATAPRP RM5 ? or END GAME ?Hi there, this is what I have found based on the price reaction.
1. As far as we can see, apparently the last day before closing session... the previous low has been broken which indicates the probability of price to change direction from uptrend to downtrend.
2. Monster pattern appears which indicates the probability of price to continue going down before reaching the probability of reversal zone.
Well this is only 2cents view of mine. And must always expect the market will always against us.
Do your own research before buy/sell. Trade on your own risk.
All the best traders !
DATA - Event areaWatch Event area @1.97 for this counter..
Event area= servis banyak bertukar tangan disini.
Tersangkut di Puncak?DATAPRP - The price structure remains bullish, however today the price reacted at Fibonacci barrier at 3.81. If the price could close below Support 1 during the day, the chances to drop to Support 2 is high. However if the price violated Support 2, then technically the Bearish movement could begin.
Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
DATAPRP - Uptrend Continue?26/2/2021 Last - 1.110
Expect Bullish Candlestick on 1/3/21
- High Last on 26/2/2021
- Uptrend Momentum & Uptrend Accumulation / Distribtion
Resistance #1 - 1.340
Resistance #2 - 1.585
#Newbie
#NotBuyCall
#EducationalPurpose
LOWER HIGH currently DATAPRP is lacking volume as each day it's making a lower high forming a descending triangle pattern. possibly back to 0.65.
WHEN WILL THE RALLY ENDS?Bullish for 4 days straight. Each day up by 20cents. Making higher high and forming ascending triangle. if breaks above 0.85 it might make it to 1.00 . Question is, will it be possible?
