SCNWOLF VOLATILIY REVERSAL IN EW ABC CORRECTIVE ZONECan try SCNWOLF which has been spotted as having reversed its volatility in daily time-frame and is at Elliott's Waves' ABC corrective zone.
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−0.050MYR
−9.944MMYR
36.55MMYR
About SCANWOLF CORPORATION BHD
Sector
Industry
CEO
Sin Keat Tan
Website
Headquarters
Ipoh
Founded
2006
ISIN
MYL7239OO006
Scanwolf Corp. Bhd. is an investment holding company, which engages in the designing and manufacturing of plastic extrusions. It operates through the following business segments: Manufacturing, Property Development, and Investment & Others. The Manufacturing segment involves in the design and manufacture of plastic extrusions, polyvinyl chloride (PVC) compounding, processing of PVC coils, and trading of industrial consumables. The Property Development segment covers lands, direct building, and related development expenditure. The Investment & Others segment includes investment holding. The company was founded on July 13, 2006 and is headquartered in Ipoh, Malaysia.
BREAK UPPER TRENDLINE SCNWOLF2 quarters showing losses.However price able to break the trendline with high volume.
mycronsimple idea how to trade trending counter
use smaller time frame
don't target tp so high
but still must follow good MM
entry when signal appear
SCANWOLF CORPORATION BHD (01/04/2022)SCANWOLF CORPORATION BHD:-
This Counter is running on an uptrend for long time and will continue to do so.
It is expected that it will continue makeing Higher Highs and higher Lows.
Currently trending at 0.460
Support:- 0.340,0.305
The Relative Strangth Index is at 71.64
Can be considered as an
SCANWOLF CORPORATION BHD (29/03/2022)SCANWOLF CORPORATION BHD
It is expecting a breakout at any time in this week. After A long Sideways Movement this counter is expecting a breakout because it is gaining volume with a triple bottom formation.
Support : 0.595,0.575
Proper Risk Profiling is recommended.
Trend is in placeAs you can see, when a trend is in place, price goes strong in one direction,
than it corrects itself as the price starts to make higher
highs (HH) and Lower Highs (LH)
is an example of a uptrend,
now another correction swing highs and
wait for another impulsive swing low
SCNWOLF VCP SETUPSCNWOLF developing VCP with below contraction.
C1: -36%
C2: -9%
C3: -5%
During C2 and C3 contraction, volume observed contract as well. The price and volume interaction is good.
Let's see if will pull back another round and form a C4 or it will direct surge up. Prefer to pull back another round
SCNWOLF - ready to climb?SCNWOLF started a new uptrend phase yesterday. Refer to EPRAF, the upward flow phase begins when the green line crosses the red line. Did SCNWOLF start climbing this week?
A Reversal Signal!Using Fibonacci retracement chart SCNWOLF indicate a reversal signal.
MACD chart indicates an early stage of a divergence signal and OBV charts are still in a downtrend pattern.
Let put SCNWOLF in WL and watch out for significant price movement with volume or when the candlestick body is closed ab
SCANWOLF, where the best enrypreditction the price in making the base
maybe take time
but the px now quite nice @ support
let see, wether the px making HH, HL
dont entry yet, quite risky
TAYOR
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