HARTA may completed its running flat pattern abc (green).. at RM5.440 where wave c (Green) price stalled at :- 1) Lower Trend Line ( Cyan/Light Blue Dashed) of wedge pattern/Ending Diagonal Pattern 2) Major Weekly Demand Zone (Cyan/Light Blue Slim Rectangle Box ).. Daily Chart might form a triple bottom where price will come close to RM5.550 before resuming up...
HARTA
Rst: MA50
Spp: 7.10
Breakout from descending trendline is being enhanced by another green candle, rise above another resistance 7.10 as well. With the facilitate of improving indicators, there’s tendency to see another breakout attempt at MA50 trendline.
HARTA
Rst: 7.10
Spp: 6.60
Still in deep bearish mode but in the view RSI bullish divergence got enhanced in Daily and 4H chart, there’s tendency to see rebound play. Apart from technical, the stock is actually in pre-Covid rally level, will it loses its strength straight that soon?
Market Analysis
The 4 Kings are TOPGLOV, SUPERMX, KOSSAN & HARTA: (not to be confused with Andy Lau, Leon Lai, Aaron Kwok & Jacky Cheung)
Fundamental good stocks with strong revenue and cash positions. However, those that chase these heavily promoted stocks at the high side would really need to hold long term in order to recoup. Not sure when it will happen...
HARTA
Rst: MA50
Spp: 7.10
Arrived formidable support level at 7.10, with RSI starts to prop up & MACD done bullish crossover. Green candle formed today albeit not strong one affirms yesterday tweezer bottom, so there’s tendency to see rebound play in coming days.
Looking for confluence between Malaysia Index and the Hartalega stock. Both currently at the previous SNR zone which can be an early signal for a bullish reversal. We will wait and analyze for a reversal + engulfing candle at the possible support area.
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to...
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to...
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to...
Harta - Immediate Support Zone (RM8.60-RM8.00), based on volume analysis
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A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.
Technical Analysis
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the...
Hartalega Holdings Bhd. operates as an investment holding company. The firm engages in the manufacture and sale of latex gloves. It operates in North America, Europe, Asia, Australia, Malaysia, South America, Middle East and Russia. The company was founded by Kam Hon Kuan on July 24, 2006 and is headquartered in Kuala Lumpur, Malaysia.
MYX
