Consider to study, analyze and monitor PUC in its current daily chart where the price actions appear to be have formed a double-bottom and in bat harmonic pattern.
Does the accumulation period reach its end?
RSI test level 50 and bounce back level 40 multiple times.
Bullish divergence.
If RSI close below 39 levels..consider cut loss.
Hello Traders around the World and Malaysia,
I am currently learning Technical Analysis, and the ideas I post are what I call ("Learning Notes").
Comments on my analysis are very much welcome and will be greatly appreciated.
Let us learn together, and grow together to be a better trader!
Sincerely,
Kenneth Lee
This is not a buy/sell recommendation. Trade...
Well, this is my view...
1. I will make the pattern as for only a complimentary as i will stick with my decision to buy at support level.
2. I try to make a short TP at the green line.
3. The red line will be my cut loss decision.
Tayor...
Terdapat pattern BEARISH ABCD menunjukkan price boleh menuju ke fibo 1.618 sebelum membuat reversal semula kebawah. Ada kemungkinan price akan stagnent sebelum melonjak keatas.
Namun, harga telah break support line short term. Boleh ke menuju ke line support weekly kat bawah ? Atupun dia cuma melakukan throw-under dan akan masuk semula kedalam line support daily...
PUC just breakout strong resistance at 0.3.
However did this resistance can become next strong support to make the trend continuously uptrend and make the price breakout to the next resistance which is 0.32?
