From the Chart today,
seems like Kanger had start showing positive sign according to:
1) Macd cross had been started on 8 July.
2) Yesterday hammer pattern spotted inside Support Area.
3) Today tweezer bottom had been created to support yesterday's hammer.
4) Today's close started to Breakout from resistance range.
5) Today's close also above MA20 which is a good...
Kanger almost bottomed, it is a necessary to monitor 1st, whether the price maintain at Perfect Ratio (PR) at 5sen. Need to wait for flat or sideway if possible reversal pattern. Other than fib retracement, need to mention down trend line(green line) for early bullish sign. Just my analysis.
My previous analysis shows that the price still floating at support area, so I was just realised that I need to improvise my analysis strategy which I take a look back at the bigger picture of the market for this counter. Based on my perspective, buyers still not interested to participate yet but does not mean this counter will flop. We still looking the...
Price has been at this current Weekly & Monthly SnR price zone since a month ago, expecting it to go lower as RM 0.75-0.70 before continuing uptrend & break the Descending Trendline. May secure position before it going back uptrend.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and...
KANGER key price to break is 0.325. tried multiple times to break but unsuccessful. With big accumulation of volume observed from August, will it break all the way to its All Time High too?? We will see!!!
#TAYOR
In my previous analysis, we are up by 18% profit however the price doesn't move in favor and close the trade with 15% loss. The price still in consolidating and my entry area this time around RM 0.09 - RM 0.10. I'm looking closely the price action approach and react with my entry area. This time, big risk and reward cause I believe buyers are still in control on...
Price in bullish momentum as we cannot see any breakout to make lower low structure. For this entry, Green Zone area marked as demand area that might be good opportunity to go long for this counter. In addition, price still respect the trendline and there are supply that has not been clear yet. However, cut loss if the price break below the trendline and demand area.
Corporate Name : KANGER INTERNATIONAL BERHAD
Symbol & Code : KANGER (0170)
Board : ACE
Shariah : Compliant
Sector : Consumer Products & Services
Sub-Sector : Household Goods
• Weekly: It was a major breakout on 20 and 50ma. Now price has landed back on 200ma strong support. If you think this fits the cup and handle pattern, the worrying downward drift should...
Note!
- KUALA LUMPUR (Dec 4): The main index of Bursa Malaysia fell 0.53% in the mid-morning as market breadth turned tepid on profit taking, while regional markets traded mixed.
- pullback would also be deemed healthy, for some of the gains to be digested and a base to be built up, before potential further window-dressing activities later in the month
- 2's pts...
