Perhaps 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.
Could go down to 3.8 by December and then go up March April 2023
Sign 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 any stock
A 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
Need to break the downtrend line in order to continue the rally. But seems like it yet find any support. Let's monitor.
Strong fundamental company.increasing sales and profit YOY and QOQ 4 quarter consecetively.Forming VCP setup and break of pivot point
just breakout triangle pattern, expect move higher as OBV pointing up and big volume
PMETAL 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.
Weekly - oversold. Daily - entered ichi cloud. 4HR - crossed ichi cloud. TP weeky intersect blue.
DISCLAIMER THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!! Ever since the release of the dividends, it has suffered a sell down. Short term wise it is currently in a downtrend with dead cross on its MAs. Banker chips are also weak with around 10-15% left. However the RSI is pretty low at the moment. Can try to aim for rebound plays but...
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 recommendations and not to cause inducement to...
PMETAL Theme: Aluminium Rst: 6.01 Spp: MA50 Well supported alongside MA50 trendline, uptrend basically undeterred by retracing indicators, which is signal the stock will continue its upward trajectory, potentially towards 6.01 area
FA - Turning profit last QR, resuming economy that leading lot of demand on aluminum materials. TA - Nice consolidation with tight pivot.. Shake off some weak holders last week. Can it continue the rocket rally?
MYX:PMETAL SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant