Watch as the Elliot Waves plays.
We will wait at the confirmation zone for the signal of entry. Take profit will be done @ near resistant level. TAYOR!
Samaideen is in bullish mode. I think it will possibly test the near resistant level @ 2.055 in the near term. TAYOR!
A little "jump" on morning session, maintained above a valid DTL and support turns resistance at 1.660. We are optimist on further bullish movement towards 2.25. Support is seen at 1.40. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Based on the current price action, SAMAIDEN is @ the end of the retracement. I think it will be potentially reached 2.56 in the near term. TAYOR!
SAMAIDEN is now near the technical level of Resistant Becomes Support Levels. I'm expecting Samaiden to move higher in the midterm after the RBS level @1.745 is tested. TAYOR!
Support Line: 1.605 Resistance 1: 1.830 Resistance 2: 2.10 (All time high) EP: 1.670 TP: 1.830 CL: 1.585 RRR = 5.3:9.6 If breakout at 1.830, Resistance 1 will become support. Target to break all-time high will be : EP: 1.670 TP: 2.100 CL: 1.585 RRR = 5.3:25.8 approximate to 5:25 which is 1:5 *Disclaimer: This analysis is for my personal learning process. Do...
Corporate Name : SAMAIDEN GROUP BERHAD Symbol & Code : SAMAIDEN (0223) Board : ACE Shariah : Compliant Sector : Industrial Products & Services Sub-Sector : Industrial Services • Weekly: It is an uptrend. I can’t say much for now • Daily : In basketball, the one who controls the rebound, control the game. Let’s wait for SAMAIDEN to make another higher...
Current Price: 1.460 S1: 1.435 S2: 1.375 R1: 1.495 (RRR = 1:0.86) R2: 1.565 (RRR = 1:2.86) R3: 1.665 (RRR = 1:5.57)
Ending Diagonal of Wave 5, high chance of correction to fibo 0.618 - 1.250
In H4, the stock still rides the parallel uptrend, but doing minor pullback within. Probably an opportunity for EP is to wait for the reversal candle at H1, and exit before resistance. Lower volume in the pullback shows its a health pullback. Stochastic still doesn't show any reversal entry. R 1.61, 1.66, 1.74 S 1.42, 1.33 Sentimen: KPOWER, TENAGA already start...