its just a good pattern of technical chart.
Please look at the chart comment for detail. Current Opinion: Intra-swing can buy if the momentum of selling is diminishing. Note: Long Term- Holding for a yearly review (1 year up to 5 years or more) Short Term- Holding for a monthly review(1 week up to a year or more) Intra-swing - Holding for a weakly review(1day up to 12 weeks or more)
MYX:GDEX SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
Closed above previous resistance (blue rectangle) end of May, more daily buy breakout for next anticipated target 0.53 and major resistance at 0.59
Berjaya memecah resistance di 0.365 diikuti dengan volume yang tinggi. MACD line sudah berada di atas 0.000 menandakan bullish momentum. Ada pengumuman akan memberikan free warrant kepada pemegang saham untuk date yang akan diumum kelak, Berada didalam keadaan sideway yang agak lama, adakah ini permulaan untuk ia membuat perubahan trend? #idea
BROKE THE BASE AND EXPECTING FOR THE PRICE TO BREAKOUT EVEN HIGHER
Prediction: Sideway to Rally (When it breaks 0.425) Target Price: R1=0.41-44, R2=0.48-51, R3=0.58-63 Support/Cut Loss: S1=0.35, S2=0.33 *Trend direction: UPTREND - Higher-High & Higher-Low positive movement *Sideways movement and supported strongly along our Lifeline (Redline) *Turning points (White-candle) have appeared on 22-Jun, 08 & 29-Jul, an indication of...
The support and resistance of GDEX are 0.335 and 0.38 respectively. It is observed that the MACD line of GDEX is above the centreline indicating some degree of strength in the price movement. Ascending Triangle identified at 29 Jul 2020. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.385 within the next...
Monitor .. Lately POS and GDEX are very active. Volume relatively higher but still low. Fast Turtle Buy signal appear. 0.33 tested many times.. ATOM Buy FiFT +ve with BoD if price able to maintain above 0.355 DISCLAIMER: This analysis is for educational purposes only. It is based on my personal view from a technical standpoint. Trade at your own risk and judgement.
Hi, good evening guys. There will be possibility Logistic will be active back after the correction. This is because of the announcement regarding MCO that has been made at 4pm had triggered this company. From the pattern, i see an opportunity to grow long. Almost 3months from the fresh breakout, and the descending triangle has formed. The price decrease as the...
Covid19 hit transport sector just like any other sector, for GDEX the lowest price is 0.115 on 1th Mar 2020. Support level before Covid19 at 0.26, and now after Covid19 its last price is 0.355. It reached 52W high 0.445 on 27th May. Based on STOCH we can see trend changing. Afterall GDEX is a good place to put our money in, who on earth don't buy online? It...
Buy trade idea. Either buy at 1 st green zone or buy at 2nd zone.
My view on this counter. Price already retest triangle pattern area but failed to make new HH. Expect price to go lower into decision point area for entry as there are FTR - Fail to return which failed / leaving only shadow to retest demand zone area/decision point .MIN SL if breakout the zone.
My view on this counter. Price already retest triangle pattern area but failed to make new HH. Expect price to go lower into decision point area for entry. MIN SL
If price close and trade on the orange zone it will be a down trending which clearly buy is not an option
Yellow : MA6 Red : MA20 Green : MA50 Blue : MA200 1. MA200 is below MA50. MA50 is below MA20. The Monitor Line is appear. So, the counter is in Stage 2 and Uptrend. 2. MA6 starting go below the candle body. The price starting continue to go higher. 3. SmartMCDX : Red is Banker. The Red is start to buy. 4. Trendline : the candle is starting to breakout. 5....