PREDICT PRICE DIRECTION ONLY.....TFMPREDICT PRICE DIRECTION ONLY.....
Predict
trend - uptrend
duration monitoring - 6 to 12 month
Trade ideas
EDELTEQ is uptrendGood to buy because just came out of downtrend and uptrending.BO:0.44,SL:0.42,TP:0.48
EDELTEQ - Looking for bullish sentiment.N wave with E, V, N & NT projection.
The price is currently at 0.315 and is above the Kumo, signaling a potential bullish sentiment. However, the cloud appears thin, indicating uncertainty.
The Kumo is green, suggesting a supportive environment for upward movement, though caution remains due to proximity to key resistance levels.
But Tenkan-sen is below Kijun-sen, it typically indicates bearish sentiment in the market. Watch for scenarios where the Tenkan-sen crosses above the Kijun-sen, which can signal a potential shift from bearish to bullish sentiment. This crossover would indicate that recent price movements are starting to gain strength
NT at 0.325 serves as immediate resistance. Confirm a breakout above NT for stronger validation.
0.290 acts as immediate support; a drop below this may indicate bearish reversal.
Look for bullish candlestick patterns or a close above the cloud, which would indicate the continuation of bullish momentum.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
EDELTEQ - PRICE MOVEMENT ANALYSISTA golden cross has occurred above the up kumo, and the price has also crossed the downtrend line. The levels E, N, and NT are estimates that are expected to be reached based on price, wave, and time theory.
Note:
Analysist for study purposes.
Trade at your own risk.
EDELTEQ: Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
EDELTEQ- Fresh breakout downtrend
- Awaiting to break first resistance for confirmation
- Ready for blue candlestick for entry
- TP as projection
HIGHER HIGH PATTERN RECOGNIZEDRegarding Edelteq, it appears that the stock is predominantly moving in an Uptrend Bias.
On the weekly timeframe, there seems to be a formation of a Fair Value Gap.
Additionally, it's worth noting that the volume during the breakout is increasing, which provides a promising indication of bullish potential.
HIGHER HIGH PATTERN RECOGNIZEDRegarding Edelteq, it appears that the stock is predominantly moving in an Uptrend Bias.
On the weekly timeframe, there seems to be a formation of a Fair Value Gap.
Additionally, it's worth noting that the volume during the breakout is increasing, which provides a promising indication of bullish potential.
EDELTEQ, can it be the next dark horse?Possible for stochastic to stay OB and swing higher?
Oh hell yeah, some traders hate OB area, on the contradiction, I love OB as big money always come from there.
Let monitor the new few days' movement.
>> ROC seems like has positive divergence.
>> Monitor for the potential shoot up when stochastic stay OB during the PB.
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
EDELTEQ, any clear signal?The new baby IPO, price was dropped from 0800.
It's a good gained for scalpers and intraday traders within these two days.
Currently trade at 0510. Question, is it potential for uptrend? 🤔
>> Operators n sharks yet target this counter, only play by retailers. With the limited amount of money , possible for price to continue head up?
>> yet has confirmation about the reversal trend. At least form a new HL. And from there, a mini pullback is expected.
How it go? Let see....
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Trade below EMA line (EDELTEQ)Currently price is below EMA line, where the price can getting lower (operator yet push).
What next (possiblity)?
1. Broken the parallel channel will become worst.
2. Rebound? Wait for confirmation. Always remind self not to tangan gatal (simply buy) and EP below Hull MA.
Why not now?
OS may continue the oversold trend >> lower X3.
As catch the calling knife is not a good idea of trading.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
IPO: Edelteq listing 7.6.23 dayIPO Edelteq successfully listed on 7.6.23. IPO price was RM0.24. Opening day went up as high as RM0.80. Thats whopping 233% profit. Congrats to those who got the IPO.
Will look into for intraday trade if price do not drop below RM0.72 for quick entry. Hope can get an entry.
