After price break RM0.635 and immediate resistance is RM0.67 &RM0.725. RM0.62 will be crucial support price for re-test/break the previous resistance. Elsoft's earning may start recover by yr 2021 (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
ELSOFT cantik BO pattern dan breakaway gap disokong oleh vol bersama marubozu padu.Tekanan jualan panik menyebabkan ia tidak mampu close dengan solid. CHART INI HANYALAH UTK KAJIAN DAN BUKAN BUYCALL SILA JAGA TRADING PLAN TUAN/PUAN.
ELSOFT Rst: 0.685 Spp: 0.635 Bullish engulfing formation, confirming breakout from descending wedge, surging RSI and bullish MACD crossover will induce further strength for the stock. Immediate resistance is right at Fibo Extension 23.6% or upper BB.
Best Entry for ELSOFT as the trends looks like an early uptrend and the strong support marked at 590. Bismillah and entry #mahersaham
2 JUN 2020 EPS (cent): 1.94 * P/E Ratio: 30.93 ROE (%): 12.93 Profit Margin (%): 52.9 CAGR - Revenue (%): -5.8 Number of Share: 669.46m EP 0.600 S 0.575 R 0.715
A bullish flag pattern appeared, as we can see on the chart. First TP : 0.74 (previous resistant point) If price break 0.74 with high volume, Second TP : 0.8. First support : 0.66 second support : 0.62 Can cut loss at either 1st or 2nd support level. No buy or sell call was given. Buy at own risk :)
Tis is a personal view and does not constitute any buy/sell call
Life is simple...Trade with Simplicity! BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star) SELL Signal = (Red-Dot), Red-Downward-Triangle) *The trend direction: Reversal (Green background Uptrend signal observed) *The Bottom signal ( BT ) was sighted on 24-Dec. *Price tested the lifeline (Redline) & close above it on...
Thank you for your continued support :) Strategy: Price-Volume Analysis Re-look. Covered and traded earlier. Congrats students from private group who followed and profited earlier. Bias: Bullish. After a gap up breakout of the consolidation zone 4 days ago, ELSOFT experienced pull back with diminished volume. After T3 pull back, share price is likely to find it...
Thank you for your continued support :) Strategy: Bullish Chart Pattern Formation Bias: Bullish. ELSOFT, W-shaped bottom well formed with volume today, neckline at RM0.855. W-shaped bottom is a potential trend reversal pattern, which will revere the current unfavorable trend. Furthermore, ELSOFT share price breakout from a short term downtrend line with volume...