Stochastic already OB. Wait lower at C for safe EP.
The Company is organized into two main geographical segments: Malaysia, which consists of the manufacture of plastic molded products and components, and Vietnam, which consists of the manufacture of plastic molded products and components. The Company provides various precision manufacturing solutions, including...
Fundamentally good company.In industrial product and service sector.Overall quarterly report shows increasing sales and profit since past 2years.
Price just brokeout major resistant with a very high volume.Im expecting price to retrace back to previous RBS (resistant become support @ 2.03) as shown by red arrow,before rebounce back to continue its uptrend...
All indicators show GESHEN is ready to test Weekly interect blue.
Price just break 4HR Ichi cloud with a solid candle.
Price still not overbought in TF Weekly, Daily and 4HR.
(Only for my own research & learning)
Monitor for entries near support at 1.530 and 1.405 if it continues to retrace from today. Ascending nicely in parallel channel since it broke out from triangle pattern on 18 Jan and bankers are solidly in position since.
Core business is plastic injection moulding and metal stamping which are vital for EMS.
Disclaimer: Trade at your own risk.
1. Accumulation Stage
- Change in behaviour with increase on volume
- Green Pentagon in accumulation
- Shakeout completed
2. Re-accumulation Stage
- Climatic volume on Line Change
- Supported well with No Supply and Spring signal
- Pocket Pivot
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Disclaimer
This information only serves as reference information and does not...
Following the collapse since Nov 2017 the share has bottom at Fibonacci level 1.618 and completed a saucer bottom pattern. The share has broken a significant resistance at 0.685 in Aug and opened a gap up today, broken a downtrend line, preceded by a formation of Golden cross in Oct. Our view is bullish, with a short term target price at 1.105 and 1.61 for...
MYX:GESHEN
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
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![GESHEN: GESHEN [12 November 2020] Buy On Resistant Zone Break Out](https://s3.tradingview.com/l/L66TLTlo_mid.png "GESHEN [12 November 2020] Buy On Resistant Zone Break Out")
