SAMCHEM is it Ready for Departure this third time around? Station 1.06 gonna could be a tough call! However with the in-coming results...will it make the difference? Disclaimer: The chart shared here, attracts the writer's attention. It is author's view...and there is no guarantee on the movement of the asset price in the future. Any investment decision you...
VCP in making for Samchem? Possible trading strategy 1. Bottom trendline can be good entry point as long as price moving in between the triangle. 2. Breaking out above VCP triangle potential major uptrend coming. Cautious 1. Breaking below triangle should consider for first signal cut lose while waiting further long term trend. Trade at your own risk....
Sign of Strength in the chart: 1. VCP Setup with no Sign of Distribution 2. Potential CoC 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
IDEAS: 1. Good building of overall technical strength, BBD in positive zone. 2. Looking forward for a 15-20% gain.
Our BMS technical chart detected Signal 2 bullish signal and we see potential to revisit near term resistance TP at 0.930. Immediate support at 0.780. Once breakout XMA3 at 0.840 and with support of volume price will move higher.
Can study and monitor SAMCHEM's chart pattern. From 0.650 swing low on 5 August 2021 to a swing high of 1.070 (ie 52wh) on 25 October 2021, SAMCHEM retraced to 0.770 which is in-between fibo786 and 618 levels. At present, SAMCHEM's price has crossed EMA200 and fibo618. Probable EP would be 0.820 to retest a yearly pivot and probable TP would be at 0.950, that is,...
Look, miss out a fantastic bull movement. Dont chase high for a clear trend
Price able to closed at previous high RM0.92 Really good market sentiment last Friday. Company making higher revenue. Keep monitor for proper entry-point
Bull trend is on going, each reversal also can be rebound at MA20. 0.92 is the entry point with high volume. Resistance line 1 & 2 is respectively 0.975 and 1.03, taking profit will be observed if it could break out resistance lines. MACD and Stochastic also appeared "golden cross"...
After 3 months of consolidation, SAMCHEM is waking up and ROARING to start its new multi month BULL WAVE. Its technical signals are all pointing towards a bullish uptrend that one should not miss out on. For this posting, I will just focus on the technical aspects of the stock. For the fundamentals of SAMCHEM, see previous posting dated 5th Jul 2021, titled ...
sector : trading and services.Fundamentally top notch.Increasing QOQ 4quarters consecutively and increase YOY.Supported with institutional holder.Latest director share purchased was last week.Technically just broke up pivot point of VCP setup.
MACD Divergence, Recently with high volume, Estimate will hit TP1 in the very short term then TP2
Introduction to SAMCHEM SAMCHEM's core business is the distribution of chemicals to over 7000 clients in various industries that would benefit from the global economic recovery. SAMCHEM’s distributed product mix are: Polyurethane(PU): mattresses, car seats intermediate chemicals used in manufacturing, construction, agricultural, adhesives, industrial cleaning,...
MYX:SAMCHEM UPTREND SLOW TURTLE BUY FiFT +VE SPIKE UP MCDX+ BANKER SPIKE UP BANKER 40% ATOM BUY
One of my few favourite stocks forming rounding bottom with Cup & Handle. Projected to breach ATH resistance at 1.530. Support at 1.455. Disclaimer: Trade at your own risk.
All time high. Uptrend, Very Bullish and Strong Bull Up 60% since last post on 4th Oct. Slow but steady. Banker spike to 88% Hold or look for opportunity to further buy.
SAMCHEM has almost reached previous high. Volume increase and last bar close show that buyer interest increase. TP will be 20%++ Risk & reward ratio : 1.5 Like my works? Please hit the Like, Follow and Share :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.