Series of SOWs with UHV indicated the distribution range.
MYX:GREATEC The previous week rally was unsustainable due to very weak volumes, three doji signs at the top was also a major red alert. Today, the stock dipped due to news of one of the more recent high profile client NASDAQ:RIDE , says they were unable to come up with the cash required to start commercial production. The outlook for the short to middle term...
Only entry when there are 3 Green Lines . Exit immediately when one of the lines becomes Red .
GREATEC under VCP development: 1st Contraction: ~24% (completed) 2nd Contraction: ~21% (completed) 3rd Contraction: Yet to happen 4th Contraction: Yet to happen Black line path is technical prediction based on VCP. A company with good fundamental and prospect. Definitely will under my closely monitoring watchlist.
GREATEC Theme: Tech Rst: 5.24 Spp: MA200 With important support at Fibo Ext first tier being violated, the stock will observe further dive towards MA200.
GREATECH seem to have VCP development with below contraction: C1: ~25% C2: ~6% C3: ~6% With recent QR, profit new high with 49% profit margin. Company prospect looks good as well on the EV battery which are future trend to go green energy. Disclaimer: The content provided is my personal experience sharing through technical and fundamental analysis point of...
Resistance 1 : 6.75 Support 1 : 5.67 Support 2 : 5.38 Support 3 : 4.85
Based on the current price action movement, I'm expecting greatec to test near resistant level @ 6.76 in the near term. TAYOR!
NO INVESTMENT ADVICE IS PROVIDED DISCLAIMER Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to...
With President Biden's intention for the mass expansion of Solar power usage, there will be a greater demand to produce Solar, hence Greatech may go as far as the chart may look. On top of that, the future of EV will drive this share price even higher.
greactec on support.. possible bullish if break resistance
Possibly still completing formation of HL, before continue its bull. Currently within collection area (32.8%-61.8%). Watch for rebound. Invalidated if price to close below previous HL (5.35) Resistance lines were drawn using Fibo 1.272 across multiple H and HH waves. # For education purpose only TAYOR