Pmetal Simple Chart AnalysisPerhaps some technical pattern play here? Since there are red chip appear today. No harm to monitor if there is a breakout from this pattern. 3.9 area double bottom trigger the rebound.
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About PRESS METAL ALUMINIUM HOLDINGS BERHAD
Sector
Producer Manufacturing
Industry
Metal Fabrication
CEO
Poh Keong Koon
Website
pressmetal.com
Headquarters
Shah Alam
Employees
7.3K
Founded
1986
ISIN
MYL8869OO009
Press Metal Aluminium Holdings Bhd. is an investment company, which engages in the business of aluminum production. It operates through the following segments: Smelting and Extrusion, Trading, Refinery, and Investment Holding. The Smelting and Extrusion segment includes manufacturing and trading of smelting and extrusion products. The Trading segment represents the marketing of aluminum and other related products. The Refinery segment refers to a refinery of alumina. The Investment Holding segment relates to investment holding activities. The company was founded in 1986 and is headquartered in Shah Alam, Malaysia.
PMETALEP 4.32/4.39
TP 4.41
SL 4.26
Backtest result from 2022-08-30 09:00:00
29 trades
62% win rate
p.s: not a financial advice
#deepagiscreener #tayor #bursa #bukanbuycall
Fed making global demand destructionCould go down to 3.8 by December and then go up March April 2023
PMETAL - Pullback with Low VolumeSign of Strength in the background:
1. Reversal with accumulation
2. Line Change with volume
3. Low volume Pullback
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 a
VCP SETUP PMETALA really strong company.steadily increasing sales and profit QOQ and YOY.Price has break the horizontal pivot line with strong volume,currently having a pullback with low volume
PMETAL. Has its support? Need to break the downtrend line in order to continue the rally. But seems like it yet find any support.
Let's monitor.
VCP SETUP PMETALStrong fundamental company.increasing sales and profit YOY and QOQ 4 quarter consecetively.Forming VCP setup and break of pivot point
price expect move higher if momentum maintain strongjust breakout triangle pattern, expect move higher as OBV pointing up and big volume
PMETAL Looks like to Form a Pennant PatternPMETAL looks like to form a pennant pattern. As a confirmation, we have to wait whether the price could break the Resistance of RM5.845 or not.
PMETAL looks like ready to reboundWeekly - oversold.
Daily - entered ichi cloud.
4HR - crossed ichi cloud.
TP weeky intersect blue.
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.
