After completed bonus issue , glove stock expected to go downsides for awhile. Is expected to rebound after awhile The next weeks will be bullish for glove stocks based on this week TA Next will test rm6.25 then Rm7.4
This stock has CROSSES UP the red line (Trailing Resistance), hence the BUY SIGNAL is valid. Trade At Your Own Risk.
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the stock price comes to...
Though price far below value, but what do u think? Will it stand at 4.30 rebound to above 5 or will further down to 3 then rebound? RSS, investors, retailers who benefit most? the idea is for sharing and education purposes, not for buy or sells call and by own risk.
Sign of Strength in the chart: 1. Reversal with increasing Volume 2. Pullback in hourly chart 3. Green Pentagon high 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
Trend line broken and become uptrend for now. Higher high & higher low formation at the moment.
This counter seems like retracing and this can be opportunity to re-entry at the best possible price. We have seen clearly strong buying momentum and selling momentum slowing down as there's no LL created recently. Perhaps, price reject near support trendline and moves with slow downside momentum. Only consider to entry if price could hold the support area. My...
First B signal on7th April and 1st chocolate ball turn down as a support at price 3.76 before the following day shoot up. On 8th April the price was shooting up then the following days, price retracement but chocolate ball move upward and well support with low volume. A good buying signal appeared. Today B signal appeared, and the price was shooting up 10%.
Study...based upon Volume Price Spread Analysis and Momentum SUPERMX has shown breakout in Momentum in 1 Hour Timeframe Close: 4.35 EP: 4.26 - 4.43 SL: 4.06/3.82 TP: 5.17/5.55/5.93 Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
Supermx - up momentum resume Note: For Interested to subscribe the VT MCDX Smart Money Plus and learn Victor Trade System, and kindly contact owner (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk
SUPERMX Theme: Glove Rst: 4.50/ 5.40 Spp: 4.00 Likely to expect further technical rebound if the stock manages to sustain at 4.50 area as RSI is recovering now, but friendly reminder again, trend is highly bearish now, strong trend reversal will not happen now. Any further rebound, will only last until 5.40 area.
Entry Strategy: 1) Entry inside the purple line range - Highly potential reversal trend zone. 2) CL1 and CL2 below the purple line. Chart: 1) 2020 - Glittering news for glove stock due to unprecedented demand. During this time people risk in on forecast profit growth anticipated. 2) As per expected, whatever boom up need to boom down also - nature of life...
Supermx - Immediate Support Zone (RM3.50-RM3.30), based on Volume Analysis Note: For Interested to subscribe the VT MCDX Smart Money Plus and learn Victor Trade System, and kindly contact owner (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk
Green line = downtrend X line, supporting line price fall exactly around the X line and Fibonacci line, showing that here is one strong supporting zone. Buy for a rebound play, expecting rebound to RM5.2 ~ RM5.6. Consider a minimal risk to enter at this price. Cutloss = -10%