Trade the 4H chart for tuday. Breakout on yesterday give the pullnack this morning to reentry buy.
this stock is the uptrend ... today is the buying signal....
MYX:SKPRES Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
Long, recommended stop loss 1.635, and the price expect to surge until 2.125.
Reaching it trendline resistant. Wait for it to break or stand firm. Never chase high or you will get your risk high.
Completed Cup and Handle. Break 1.6 with strong volume and Retest FiFT +ve ATOM Buy. Monitor for Buy signal around 1.5-1.6 or Trendline for BoD. Look for BoB Slow Turtle buy above 1.66
SKPRES Rst: 2.03 Spp: 1.72 Bullish breakout from Fibo Extension 100% with new candle pushed above upper BB means the next challenge the stock will try is 2.03
Strength in the chart: 1. Green pentagon 2. High volume Line Change 3. Pulling back to support 4. Pocket Pivot Hit the "LIKE" button to support us :) 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
Posting here the Wyckoff Schematic of Skpres that we have been following for almost 4 years, actively.
Press stronger and move higher. Now break out from new high. f you like my chart, just give me a LIKE, follow me and share it to your friend. :) Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose. It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
Fall out of it uptrend line. Next week need to climb back. Use 1.42 and and 1.39 as your support line. If you like my chart, just give me a LIKE, follow me and share it to your friend. :) Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose. It is not for any buy or sell call to anyone. Everyone are...
FUNDAMENTAL ANALYSIS Sector: Industrial Products & Services Subsector: Industrial Materials, Components & Equipment Business: Design, engineering, fabricating plastics - sony, sharp, dyson ROE: 12.4 DY: 2.7 TECHNICAL ANALYSIS Chart uptrend All MA below chart Green candle just above MA20 Stoch RSI oversold Smart money presence BOD on 8 Jul 2020 No. of shares:...
SKPres up +8% while most counters drop Well supported around psychological level at 1.00 BoD Fast Turtle Buy signal above 1.1 ATOM Buy and FiFT +ve Plan further BoB Slow Turtle Buy above 1.25 TP 1.58 Note : Global Market facing selling pressure. At time of this analysis, DJ weekend markets is trading below 25400. (About 200 points drop)
Known as one of the Dyson's environment, SKP Resources Berhad (SKPRES) is a leader in plastics contract manufacturing with over 40 years of manufacturing experience in the electrical and electronics plastics industry. Part of their biggest customers are Dyson, Toshiba, Sony and much more. If you go to their website, they will flood you with Dyson's product,...