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Formosa Prosonic Industries Bhd.Formosa Prosonic Industries Bhd.Formosa Prosonic Industries Bhd.

Formosa Prosonic Industries Bhd.

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FPI trade ideas

FPI IN ABC FORMATIONFrom a swing low of 2.640 on 30 July 2021 to a swing high of 4.620 on 10 September 2021, FPI retraced to 3.360 on 6 December 2021. Thereafter, the price rebounded and retested 3.360 four times which happened to be fibo618 and above EMA200. To enter trade, the probable entry would be 3.390 which now has probably become a yearly support. The probable TP would be at 3.950 which is the current daily pivot point. The probable CL would at 3.055 which is S2 and below fib786. This is not an investment call but for study and sharing purposes only.
MYX:FPILong
by nOtOcOndO
Who have the best setup? Dufu, MRCB, GFM & FPIStrength / Wekaness in the chart: 1. DUFU a. Testing resisntance b. High volume Line Change with confirmed No Supply 2. MRCB a. Accumulation stage b. Spring at support 3. GFM a. Hit resistance b. Formed Up-Thrust 4. FPI a. Testing resistance b. Re-accumulation with shake out Send us your preference stock to review based on TradeVSA chart by comment at below. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MYX:FPIEducation
by MartinTFWong