Penta has break out from consolidate and new high soon
A bullish engulfing rebounded off 61.8% FR and Span B Kumo Cloud. The price is expected to resume its upward movement. EP - 5.08 Next R/ TP: • 5.21(coincides with 61.8% FE) • 5.33(coincides with 78.6% FE • 5.48 (coincides with 100% FE) Support: • 4.810 (61.8% retracement). Immediately cut loss below 4.805
Penta, a bullish stock has recovered with good rally up from its sharp correction happened in first quarter 2020 then. Penta has hit a point with its completion of 5 waves up and has already entered in consolidation phase. It is predicted that Penta will move sideway in the range of 4.05~5.6 ballpark ranges. Once the consolidation phase is over, Penta will...
MYX:PENTA SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
MYX:PENTA Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
MYXPENTA CHART PATTERN: SYMMETRICAL TRIANGLE BREAKOUT FAST TURTLE BUY FIFT =VE SPIKE UP ATOM BUY STRONG BANKER BAR SL 4.4 BELOW TP: 5.45
RETRACING AFTER FORMING DOUBLE TOP. WILL THE SUPPORT BE TESTED. PSAR STARTED TO SHOW FURTHER RETRACEMENT AHEAD
After Morning Star at new support appeared on last 17-Aug-2020 at daily chart, bullish engulfing was sighted at weekly chart now. Trade At Your Own Risk (and Analysis).
just predicted this stock will fly soon.....
PENTA Rst: 5.63 Spp: 5.33 Candle with long shadow indicates weakness? Probably not as new candle emerged above upper BB, sign of strength, and not to forget the stock is now in uncharted territory, more upside to be unleashed.
PENTA telah berdagang di atas Purata Pergerakan 20-Hari (20MA) yang condong ke atas yang merupakan petanda baik. Di samping itu, harga hanya menembusi rintangan 5.25 yang menguatkan kenaikan dalam pergerakan harga baru-baru ini. Penembusan ini disertai oleh jumlah dagangan yang lebih tinggi daripada purata yang menunjukkan semangat pedagang untuk mendorong harga...
Strategy Uptrend Breakout Entry I usually enter with 10% of my portfolio, then ride the trend. Graph set up is a nice uptrend and momentum is building up, with a Inverse HnS forming Exit Plan: Noticeable there are 2 gap support , therefore my interpretation would be , they are strong support(which should not break), this is the kind of case I would exit at 5%,...