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SALCON trade ideas

SalconAlgo TradingSystem by Remisier CheDin The current market conditions, as identified by my algorithmic system, indicate potential upward signals. These signals include increased trading volume, an upward trend with prices above the EMA20 and EMA50. Consequently, the present conditions suggest a possible upward trend. It's crucial to remember that trading strategies account for only 10-20% of your overall trading success. The majority of your success depends on effective risk management. This involves having a well-defined trading plan and appropriate position sizing, which are essential for maintaining the right trading psychology. Master your risk management and trade according to your plan.
MYX:SALCONLong
by FakhruddinFazil
Salcon - look for support and .....Still looking for support. >> Possible above 320 ~ 305 as support? >> Hull MA still red, wait it to reverse. >> Need patient and look for operators' games 🎯🎮 When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management! Keep the long term vision. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
MYX:SALCON
by DSELE99
A hidden gem that yet to be discovered by market- SALCON BHDSALCON share price spike up after it announced its QR on 19/08/2021. Although it report a strong QR, market seems doesn't weight in all factors that make it profitable even in current business situation. Salcon disclosed that it acquired stake in Glove Manufacturing company, and part of the profit derived from it. As long as glove demand is still intact, we expect SALCON to do better in coming QR. Apart from fundamental and business perspective, SALCON is quite bullish on technical ground. Big boy withdraw most of the seller after the day it announced latest QR, pushing up the price to RM0.225 Price keeping hanging around RM0.225 for a week and spike out to RM0.24 on 03/09/2021. Minor washing properly done for a week, and we notice there are heavy collection on RM0.225 on Friday. Once market sentiment getting better and natural buyer coming in, we expect a small rally next week. Entry:RM0.235 TP:RM0.255
MYX:SALCONLong
by GoldenTurtle
SALCON Consolidation Pre-BreakoutNO 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 the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. 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.
MYX:SALCON
by AMTechAnalysis
SALCON - Engineered the wasteEntry Strategy: 1) Buy on retracement - at the blue zone (0.22-0.225). CL at orange dotted line (0.19) Chart: 1) Oct 2020 - breakout weekly downtrend channel with significant volume 2) Natural constructed impulse wave 3) Candle strike off EMA and stay above 4) EMA compression start to forme I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money. -Heil_Z- # Are-snuff Traders Club # Bilis Traders Group
MYX:SALCONLong
by Heil_Z
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