Upon further sequence calculation, i personally opined that it would retrace in near time towards 0.79-0.80 before proceed with the main submillenium wave 1 highlighted in red. Trade at your own risk. T.A.Y.O.R T.A.Y.A.R yusuf taiyuk
This idea is solely based on candlestick price action combined with elliot wave theory. Trade at your own risk.
this is weekly chart, the chart draw already pointed out everything. technical and patterns show out.
MYX:SIMEPROP has seen some very sideways ranging action in recent weeks. Targeting an initial area of RM0.78 IF prices are able to break above the current RM0.665 resistance area. These are just my views and in no way represent any buy/sell call or recommendation. Information shared are meant for educational purposes.
Sector : property.SIME DARBY.Big company but historically not a good both fundamental and technical company.However,lately showing improvement of quarter report.Maybe can be a turnaround company.Currently shows a very nice pattern of cup and handle.Wait for upward breakout of handle (square) with a high volume to confirm successful pattern.
Simeprop has formed a nice round bottom and break the structure (0.665). Disclaimer: This is not a recommendation to buy or to sell securities. Trade at your own risk.
Buying interest detected. Possible beginning of a bullish trend.
LLLH strong downtrend + GOT power down BHOG@3 weak PAT A at support rolling stone if W&R down TP @ 0.345
SIMEPROP PRICE NEED TO MAINTAIN ABOVE 0.59 TO DO REBOUND CHECK PRICE ON THURSDAY FIRST (17 SEPTEMBER 2020)
Life is simple...Trade with Simplicity! *The trend direction: Uptrend (Green background, denote uptrend.) *The bottom signal (white bar) sighted on 03-Dec. *Price (Yellow bar) crosses the lifeline (red) to keep it alive! *Bell alert signal appeared on 11-Dec, support the continuation of the momentum. Prediction: a rally ahead for this ticker after correction.
SIMEPROP experienced flag formation breakout above 1.36. volume not valid enough as confirmation indicator