In H4, we observed a sharp uptrend testing resistance 2.73 (+6%) with good volume. All indicators are showing good momentum to continue on next few candles. Taking account of previous uptrend waves, we believe the Higher High will complete anytime soon to form a potential pullback to test area of value around 2.35. This is required to build a strong support to...
JHM Starting on Wave 1 possible, will analyse from time to time
Looks like another continuation pattern forming. Flag pattern forming DMI : ADX >20 Strong bullish trend MACD : Strong buy consideration
MYX:JHM SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
Today 11/11/20, MYX:JHM manage to breakout from ascending triangle. Would it be able to test new high 2.23?
Undergoing 3rd cycle. 1st TP: 2.05 2nd TP: 2.24 Cut loss: 1.52
JHM Rst: 1.89/ 2.15 Spp: 1.72 1.72 again proven as solid support. Friday bullish Marubozu candle neutralised Thursday bearish engulfing formation, this is very strong bullish signal, and with the support of rising indicators, breakout from Fibo first tier hurdle at 1.89 is imminent. More to come.
The power after breakout. That is why you need to follow my FB page.
mcm ada lg upside. tp company mcm tak making profit? tayor
The bullish engulfing pattern candle had been closed above the trend line and it is supported by higher volume than before. Moreover, it is appeared after a higher high and higher low with an increasing momentum. In the fundamental view, JHM Consoidation Berhad are having about 60% of business in LED for automotive business. With the rebound in car sales, the...
BREAKOUT STILL FRESH. BUT IT RETRACED BACK TO CONSOLIDATION BASED. WILL GO HIGHER SOON. GOOD FA AND TA STOCK.