Sign of Strength in the chart:
1. Line Change high volume
2. Downbar low volume
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
Hello Traders
It seems that my level of RM 0.35 is already broken after the sanction had been lifted. Now I'm looking for RM 0.09 to hold up the price.
In order for candle to make a new uptrend, it need to create new Higher High structure
While waiting Serbark “resuming” its trading activity.. It seem like previous (stalled ) pricestructure having a potential to form a triangle in wave 4 (yellow)..
There are many traders betting SERBADK "bottom" .. BUT its price "structure" "shown" it may still have 1 more leg down toward around RM0.185 ..P/S - Trade What We 'See" not what we expected" Let Mr. Market "Told Us" what to do, Not We "tell" "Mr. Market" what to do as "Like Dealing in Business"....
SERBADK possible may temporally found bottom. As current price retracement amount is higher than previous wave 4 (yellow).Possible find another buyers at around 0.390
Serba Dinamik Holdings is expecting to appoint new auditor by the end of the month, as its former external auditor KPMG PLT resigned last month after the oil & gas engineering firm filed a lawsuit against the latter. It has submitted a request of proposal for provision of external audit to international audit firms on June 27. It had also requested a meeting with...
Over the last few days we have witness a great depresssion of prices due to heavy sellers. Absorption is looking on the cards as hidden hands are likely to stage a change of hands with the retailers as evident by the movement of recent price action. Stay tune for potential inflection point to provide a great short term trading opportunity
