Up momentum may resume (Disclaimer: for demonstrate own planned trade records for study only, not for recommend to buy or sell. If you are interested on VT Trade system and can message me for the further details)
PENTA Rst: 5.17/ 5.43 Spp: 4.98 Hammer candle, widening BB and surging RSI, MACD. This counter has all the bullish catalyst to advance. Fibo max target at 5.76 Join our premium club at only RM168 per month to learn how to properly execute your trades! Contact Ed @ 012-9022474
Penta is hovering around 4.5 Support area. Daily chart still BULLISH and UPTREND. = Good No Fast Turtle Sell = Good FiFT still +ve = Good Higher Timeframe still healthy. However, ATOM sell and FiFT turned -ve on H1 chart (Sign of weaknesses) PENTA still healthy as long as price staying above 4.5 Setup opportunity. 1) Option 1 Monitor hourly Chart. ...
Up +3% but volume is a bit suspicious.. like GPacket.. Take some profit or move SL to 2 bar low to protect your position. note : long weekend ahead and my trade is based on short term analysis.
Most counters are RED while Penta is moving opposite direction and againts global market direction. Volume not so impressive but higher. Someone is cooking.. Fast Turtle Buy, ATOM Buy signal is out. Slow Turtle Buy signal will pops up If price able to break and stay above 4.18 Monitor or risk buy.
10 April. PENTA advance 35% since first BoD on GREEN FiFT. Resisted by psychological resistance at 4 which is also confluence to Fibo 0.5, EMA50 and EMA200. PENTA closes below lowest of last 2 lows of bearish HARAMI candles. FiFT still GREEN but is Overbought. Doji formed at EMA50 on Weekly chart indicating that Bull and Bear is fighting. However, downward...
PENTA 4H Rst: 4.20 Spp: 3.75 Early sign of softening can be observed, MACD done bearish crossover and RSI has sign of sloping downward. Remaining above MA50 is critical.
PENTA - Gravestone doji may potential mark the end of technical rebound, surging RSI and MACD have limited impact for the stock now. Resistance is strong at MA200 or level close to 4.20
I am bullish on KLSE and HSI for the short term. I see PENTA potentially testing a daily key level @ 3.75 - as long as the overall market is in a bullish cycle
Malaysia best performing stock since 2013, Pentamaster, a 50x gain in 7 years. But most people didn't make this amount of money because most people don't have proper education in the stock market. They are TOO FEARFUL of investing because of the fear of market crash and recession, which is understandable. However, when something goes up 5000% in 7 years, they...
I hope I'm wrong but based on what I look at, Pentamaster seems to be in distribution mode.
Here we are trying to analyse the Elliot Wave for Pentamaster. We combined with fibonacci projection to finetune the analysis and we found out that the current price is at the end of wave 5, with the assumption of wave 3 extension. Also the green lines, show the target price based on Wyckoff Law Cause and Effect.