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
Greatec 21/2/2021 Chart should explain everything , can you read this chart? 5.850 Area if can hold everything will be fine 😉
Beware of Double Top Formation. The next following days are very crucial, whether the share price could break the Short term "Key Resistance Level" to continue its upward movement. Support: RM5.34 Resistance : RM5.97
SUPPORT 1 --> 5.415 SUPPORT 2 --> 5.145 SUPPORT 3--> 4.965 RESISTANCE 1 6.015
Greatech continue to going upward with positive revenue growth for 2020 Summary of analysis & trading idea has been provided in the snapshot. Let us be profitable together!
I still figuring EW, but this is the gist of it, saje add EW to chart so tak naked chart fully. :3 Greatec possible wave 5/final wave. If box breakout, would add more conviction towards it. Points 1) Transfer from Ace Market to Main Market in end Dec 2) Tech play sentiment 3) Bonus issue ex date beginning January 4) FA ofcoz mantap + growing company This is...
GREATEC Rst: 9.04 Spp: 8.66 Recovery candle pushed through middle BB and Fibo Ext 50% means the stock can generate continue trading interest in coming days. Pushing further from Fibo Ext 50%, can facilitate move towards 100% zone at 10.28
Clear support and resistance line. If you buy it once it hits the support line, then BOOM. disclaimer : I am a finance student and this is purely opinion, Im not a financial advisor
GREATEC is testing resistance zone 9.02-9.11. Breakout from this zone will be breakout from ascending triangle, and new TP could be @ 10.940. MACD in H2 chart already signals a breakout, with RSI showing momentum. A good entry would be after the ascending triangle breakout. EP 9.12 TP 9.75 / 10.94 (RRR 1:2) SL 8.27 GREATEC is market leader in Technology...