The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Sign of Strength in the chart:
1. Pullback setup
2. Close with support with right market stages
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
Rising Triangle depict consolidation of price is ongoing with uptrend bias. Mid to long term EMA indicating continuation of uptrend, Rising RSI indicate uptrend is improving.
Good to collect on weakness when price approach moving average support .
Resistance at 1.97
Support at 1.51.
1. Weekly in uptrend EMA 10 > EMA 30 > EMA 200. Already start to make Wave 5.
2. In 4H smaller Wave 3 is expected after reversal at 0.5 Fibonacci level (SL to put lower than 0.382 to be safe). Bullish candle broke the small candles.
3. Isaham score 11.2 PE 9.2 WAFV RM2.39, i3 ATP RM1.98.
The stock has been having a downtrend for 1 month. Today it confirmed the breakout by crossing significantly above its 20 day ema.
On 23/12/2020 it announced a stunning QR report, with profit and revenue remaining in black.
Even with slight decline in revenue, profit increased slightly. The company announced 9 sen dividend with ex date not yet announced.
I...
MYX:POHUAT
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
Sorry no target price because market is super-duper crazy ...trade at your own super-duper high risk.
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Disclaimer: Every stock analysis are purely for educational/ informational support only. It is not for buy or sell call purpose. Everyone are responsible at your own trades.
![POHUAT: POHUAT - UPDATE [26 November 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/c/cnZ5qaCl_mid.png "POHUAT - UPDATE [26 November 2020] Buy On Dip in Support Zone")
![POHUAT: POHUAT [27 September 2020] Strategy: Buy On Resistant Zone Break](https://s3.tradingview.com/v/VCn5CuIM_mid.png "POHUAT [27 September 2020] Strategy: Buy On Resistant Zone Break")
