Breakout, possibly the start of uptrend- Made an initial move up
- Consolidating while maintaing price
- Breakout out of the consolidation
Rohas Tecnic Bhd.
No trades
Market insights
ROHAS 22 MAY 2024Based on previous behaviour, ROHAS make a pullback at MA50.
And recently, ROHAS done pullback at MA50. Price is projected to reach resistance zone within R1 and R2.
If the price breakout the resistance zone, high possibility the price can go to TP1 to TP4.
ROHAS, protect downside We cannot control how much we win. But we can control how much we lose. Focus on what you can control!
Protect the downside. For me, 0345 as last defence a.k.a. support.
>> Stochastic at OS.
>> RSI seems head down.
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
Trading Idea ROHAS (11/3/2021)Trading Idea ROHAS (11/3/2021)
- Buy on dip (yellow zone)
- Target and stoploss as drawn
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
ROHAS potential to start a new trendPrice already entered weekly Ichi cloud.
Price closed above daily Ichi cloud.
Price cross EMA200.
Therefore, ROHAS have the potential to start a new trend.
ROHASCurrent price is at discount (lowest price ever)
If BO pattern will find next nearest resistance
ROHASTrade ideas for this counter.
Medium - Long term
Base on price movement - L- H-HL -HH -
CL if break structure
ROHAS Break Down TrendlineROHAS already BO Down Trendline
Awan Ichi menipis - cun
Momentum still ada
EP: 0.400 and above
R/TP: 0.465 / 0.490
(Sekadar kajian & pembelajaran)
Bullish BreakoutTP: 0.44
TP2: 0.55
SL: 0.26
HAPPY NEW YEAR 2021!!🎉🎉
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Good daily sopport on technicalI saw a good daily support to manage an entry, I like the volume and nice chart pattern. Break resistance and buy at support, that all traders usually now and the basic term of trading. Just find support and resistance then you know where to buy and exit or add more buy entry. I found the resistence at the end of green color on the chart, that is my daily support.
Anywhere, got volume mean more people trade, and people will sell some share to buy back at support line to push the price to the resistance to TP or add more share to break the resistance but be careful always refer market depth to make this stock BTST.
ROHAS re-accumulation phase before BullishPrice shows no strong volume to break the immediate resistance.
Now enter the re-accumulation phase.
If the price break below the support at .365 level, it will continue bearish until reaching the .315 support as "spring"
ROHAS TECNIC - Consolidation Towards Medium Term BullishOpportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
2/6/2020 ROHAS : Rintangan Dua JurangSektor : Produk & Perkhidmatan Perindustrian
Sub-Sektor : Kejuruteraan Perindustrian
Nisbah P/E : 12.16
ROE (%) : 5.30
Segala diatas adalah untuk rujukan sendiri dan bukan cadangan belian atau jualan
ROHAS TECHNIC ANALYSISThe graph shows sideway but havent break the support yet. To monitor in the next few days
#mahersaham
