Greatec's breakthrough of the previous high, coupled with its movement above both the EMA50 and EMA150, signals a bullish trend for the long term. The upward direction of both EMAs further supports this outlook. Moreover, the current signal suggests a substantial surge in buying interest volume for this stock.
Wait for price break above line, wait for volume confirmation
In stock market, is very important to know what the stages the stock currently in. Different stage will apply different strategy. We always look for STAGE 2 stocks as they are lesser risk and lesser waiting time. GREATEC experience stage 4 for almost 1 year due to bad sediment in technology sector in 2022. Technology sector is recovering end 2022 and GREATEC is...
How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
This is my prediction for GREATEC . 100% wrong is in hand and if it goes right then its only coincidence. Possible places to monitor is @Fib 0.618/0.786- soon then it will rebound from there to make Impulsive wave 12345
10/3/2022 possible strong support based on P&F hoping change of character via strong hand very good FA for longer term (minimum 10 years)
Currently Buec : expecting a projection to rm 11 until rm 9 Newton 2nd & 3rd Law Force = mass x acceleration Action = Reaction **cause = effect **projection = effort x result
Technical analysis for GREATEC Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Overall in 1 year is in uptrend mode currently in short term forming small triangle squeeze Opportunity if break 7.600 makking new high
Another down trendline detected but in mini version. Will history repeat itself in order to record new ATH? Disclaimer: This is not a buy call. Just a trading idea.
The previous trading showed continuous the operator pushed the price down to below MA20. Is this will be the end of GREATEC momentum or a technical correction? The price had had a loss of 10% from the highest price compare with the recent close price.
Resistance 1 : 6.75 Support 1 : 6.30 Support 2 : 5.67
Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
Greatec is showing signs of positive information reflecting the momentum potential of current price action and chart pattern movement
BO of a longer period resistance line,approximately half year. Does it fall VCP pattern ??? i dunno.... anyhow use TA. Resistance line become support line. Let it fly.....we shall see how far can it goes.
As we can see greatec is out of the triangle and going for a small pullback before going forward. to be sure , enter only when the price break the previous high at 6.3. you aslo can wait at RSI crossing up 20 , not crossing down!! Note : my view on this is not financial advice for anyone. thanks
MYX:GREATEC Slow Turtle Buy FiFT +ve MCDX Spike up Banker 47%