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.
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
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
Price currently been trading in phaseA at secondary test after the selling climax.
im expecting price might moving toward 6.800 resistance from this level after spotted the stopping vol in secondary test .
im watching for trading opportunity.
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.
Greatec 14/8/2021 Market is emotion driven , when greatec is at RM 4.8- RM 5.00 area , it is not a good stock for you as it is full of uncertainty. After the bad news have successfully flushed out all the weak holders , it goes to all time high and the weak holders who get flushed out earlier will decide to come back in again. How ironic the truth is. Chartwise...
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.
