Double bottom+oversoldDouble bottom+oversold. Strong rejection at 0.115 sen. Possible to breach beyond 0.17 sen.
OCR Group Bhd
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Trade ideas
OCR 6.2.2021MYX:OCR
Tested Upper box for several times in the past few days, supported with good transaction volume, it has good chance to breakout these boxes next week.
OCR at solid rock bottom?It is interesting to see the movement if it can break the DTL. Seems at support of 0.250
cut loss OCRloss are part of trading.
this is my cut loss screen shot where the price\analysis moved against analysis.
modest risk.
OCR -Buying oppurtunity at retracementTrading ranges observed in 2H chart.
Waiting for another round supply>demand
Entry range in FIBO 61.8 ~ 78.6
Confirmation = Volume at SPRING (Blue Box). Demand Increase.
BE (Best Entry) ; Bullish CS Reversal Pattern at Key Level 61.8% + Volume +
SL: 0.335 and below
OCR 26/6/2020 (Fibonicci 61.8%)Short term:
Adakah OCR memerlukan sedikit masa lagi untuk berjumpa titik rebound yang sebenarnya (0.618)? Atau apakah trend sudah patah? Keadaan market yang tidak menentu memungkinkan apa sahaja boleh berlaku.
Jangkaan 1-2 minggu untuk penentuan titik rebound atau berlaku kebocoran support.
BB daily masih menuju ke atas dengan bukaan yang luas (uptrend). Stoch RSI keadaan oversold.
*Kajian untuk belajar je.....
Long in OCR 1DLatest news from this company, the "OCR’s 40%-owned associate company Landasan Surimas Sdn Bhd has inked an agreement with Perbadanan Kemajuan Negeri Pahang to set up a 70:30 joint venture named Taraf Raya to provide mechanical and civil works relating to the East Coast Rail Link (ECRL) project within Pahang".
This indicate a good news for this company to get trust from buyer to push the price higher from resistant.
Ichimoku studiesBuy condition on 18.05.2020:
THE PRICE MUST BE 0.2>=0.8 !
price and chikou is > all(MA 200, cloud, TK)
future cloud is green
T>K
Stop Loss:
MA / Tenkan / Kijun / flat cloud
Sell condition:
Volume bar decreases. sell the next day, 20th.
OCR - Tweezer Bottom Formation - What's Next?OCR - Tweezer bottom formation with healthy volume, indicators are heading northward, Stochastic bullish crossover. Support good at MA200/ 0.275
Source: t.me
<TradeVSA> Trading Setup in Dialog, Supermax & OCRStrength in the chart:
1. Accumulation stage
2. Upbar low volume
Send us your preference stock to review based on TradeVSA chart by comment at below.
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
OCR Group Berhad probably rebound?High volume candle is observed at 10 Jan, it could be a signal before long rally.
Trading plan:
Buy on breakout price at RM0.330.
Target: RM0.400, RM0.450
Stop-loss at RM0.265
