KOBAY,
ada sejarah kenaikan yg tinggi, History repeat itself.
adakah akan berlaku sekali lagi kenaikan.
for better entry point, tunggu sehingga price turun bawah sagi sikit menghampiri Support.
andai mampu bertahan dan ada signal BUY, terus execute.
for current price , Risk reward tak cun sangat.
BUt this counter nhas a good potential to make another huge...
Consider to study and monitor KOBAY where it's daily chart formation resembles that of a Cypher Pattern. In addition, as per Elliott Waves Theory, the price has retraced to it ABC Corrective Zone on expanded flat. From Elliott's Wave 1 to Wave 5, KOBAY has retraced to fibo382. KOBAY appears to hold on to fibo1.130 despite the market's weak sentiment today. To...
Kobay Technology cimbed and touched the RM 6.04 resistance level. With its RSI Indicator pointing upward, coupled with a higher trading volume. We see a possibility for a technical breakout. If this happens, we expect it to move towards the short term target price of RM 6.25 abd RM 6.38. The downside support is projected at RM 5.77. Traders are advised to exit...
1. Today rebound from support 5.75 with nice bullish marubozu candle closing at 6.04.
2. Testing MA50 since last week and strong rebound on today.
3. MA 20, MA50, MA100, MA200 all in uptrend. Overall nice setup after consolidation in between August to November.
Hopefully tomorrow MACD can make a nice GC above 0.
Cautious.
1. Short term down trend not...
Sign of Strength in the chart:
1. Re-accumulation with Shakeout
2. Pocket Pivot
3. NS in hourly chart
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
KOBAY is showing signs of recovery from recent major pullback. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term.
A shakeout or spring is a drop in the price which takes it below the lows of trading (stage 1 – accumulation). It’s usually the last attempt of the Smart Money to acquire shares at cheap prices before the mark-up move. Creating selling pressure forces weak-hand holders to think that the current trading range will end in the mark-down movement and exit or...
