PIE break 52 week highPrice break 52 week high
Probably formed cup and handle pattern in the future
This is not financial advice
TAYOR
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About P.I.E. INDUSTRIAL BHD
Sector
Electronic Technology
Industry
Electronic Production Equipment
CEO
Chung Meng Mui
Website
pieib.com.my
Headquarters
Seberang Perai
Employees
2.487K
Founded
1997
ISIN
MYL7095OO002
P.I.E. Industrial Bhd. is an investment holding company, which engages in the provision of management services. It operates through the following segments: Manufacturing of Industrial Products, Trading of Electronic Materials, and Investment Holdings. The Manufacturing of Industrial Products segment includes cables and wires for electronic devices, cable molding compounds and PCB assemblies, cable and wire harness to computer, communication, consumer electronic industry, and cable assemblies. The Trading of Electronic Materials segment consists of peripheral products of computers, telecommunication, consumer electronic industry and cable assembly products. The company was founded on March 21, 1997 and is headquartered in Seberang Perai, Malaysia.
PIEPossible leader in technology
Pro:
- Low float between big tech stock (major reason harnlen, kym, cfm, annum can BO easily. Risk management for cut losses)
-Above all MAs
-BO woth volume
-Low volume down days
- Tight price action forming handle
Con:
-Price action volatile during downward and upwar
piesimple idea how to trade trending counter
use smaller time frame
don't target tp so high
but still must follow good MM
entry when signal appear
The starts of up trend?1. Today breakout out from down trendline with more than average trade volume. Hopefully it's meaningful sign for the starts of new uptrend.
2. Daily MACD making a golden cross good sign of trend reversal.
3. Overall still intact with long term up trend. And rebound from MA100.
4. Hope coming da
PIE STILL IN PARALLEL CHANNELFrom the chart shows that it is reflected perfectly after touching the channel.
The channel formation is useful to look for breakouts either continuation or reversal.
#TAYOR MYX:PIE
Bearish Bat Pattern on PIEFound Bearish Bat Pattern and my expectation price will retrace to 3.27.
If price BO from the channel (yellow line) price will make new ATH and can reach to 4.22(1.27%).
#TAYOR MYX:PIE
PIESupport: 3.81
CUTLOST 3.71
Resistance: 3.91/4.01
P.I.E. Industrial Berhad is an EMS company. P.I.E. Industrial Berhad, through its subsidiaries, principally manufactures consumer and industrial products. The company also produces portable handheld gaming console for a Japanese company. The company
KLSE: PIE (7095)Continuation of Recent post:
PIE has pullback with forming a flag chart pattern breakout.
PIE VCP SetupPIE experiencing VCP setup as well similar to it's competitor (VS, SKPRES). Can refer to link below for the other 2 counters' pattern setup.
For PIE, obvious higher low formed with below contraction:
C1: -32%
C2: -12%
C3: -6%
C4: -11%
C5: -8%
Awaiting rebound from C5 and breakout to confirm entry
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
