Atypical Re-Accumlation , which suits #2 (Non- Spring Trading range) Supply drying up (Red Arrow) Positon intiated based on Local Spring @ BUEC Area, lower Time Frame (Purple Arrow) Thus position initiated as attached Pure Wyckoff
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
For holder, protect the downside / see profit take profit. For those wish to enter marker, better wait for pullback. Stochastic are at OB meanwhile ROC showing potential negative divergence. 960 ~ 930 will be the critical support area. Once broken both may be ugly chart. When the market moves where, and how, and if - these are all unknown. The only thing which...
For trading, the best price to enter as at 0.465 with cut loss at 0.315 TP only can be updated once the price rebounce at level 0.465 or 0.385..roughly max TP will be around 1.365 For Investing: 1. Buy 1 = 0.675 2. Buy 2 = 0.465 3. Buy 3 = 0.385 We will cutloss once the sentiment is negative... for a safe margin of how much to invest, we can put 0.315 as a...
Sign of Strength in the chart: 1. Shakeout completed with increasing volume 2. NS signal at Support level 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
The pattern is similar as on Oct 2021, does History repeat itself? Brent oil already BO on 4 Oct 2021
We notice there are increasing trading activities in PENERGY. Higher brent oil price leading to O&G stocks uptrend began last week. Proper higher low chart pattern along with minor shake out done on Friday. Big boy collecting ticket around RM0.90~0.93 Once price break out from RM0.95 , we expect it go up to at least RM1.05 given that brent oil price still in uptrend.
Pre Consolidation Breakout Setup. NO INVESTMENT ADVICE IS PROVIDED DISCLAIMER Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any...
Corporate Name : PETRA ENERGY BERHAD Symbol & Code : PENERGY (5133) Board : MAIN Shariah : Compliant Sector : Energy Sub-Sector : Energy Infrastructure, Equipment & Services • Weekly: PENERGY is completing its pullback after a massive SMA breakout • Daily : The pullback happened after a major gap up. One of the biggest island reversal I’ve ever seen....
No analyst TP for PENERGY and still in below bigger downtrend line (DTL). However it has already moved and still room to go to PNF TP by way of W5 Elliot Wave. Dont know. Keeping this for record. TAYOR (Obviously)
breakout from pullback. Target for higher resistance breakout
DETERMINE THE PHASES OF MARKET
Share price has been stable over the past 3 months. Petra Energy Berhad, an investment holding company, provides a range of integrated brownfield services and products for the upstream oil and gas industry in Malaysia. It operates through Services, Marine Assets, and Development and Production segments. The company offers maintenance hook-up construction and...
Support & Resistance Analysis Melihat Arah Tuju Kaunter PENERGY
Short to Swing EP : 760 ( BOB ) CL : 695 S : 700 R 1 : 755 R2 : 840 TP : Follow the trend..