SYSTECH appears to be in accumulation stage between 0.42-0.44 for the past 21months. It has a good support at EMA50 and potential upward with TP 0.485 and 0.50.
buy 5/10/23 capital rm 15884 tp 30% rm 4765.2 --> rm 20649.2 sl 11% rm1747.24 --> rm 14136.76 Fundamental : turnaround company
>> at OB area, RSI still OS, Watch out.... >> At FVG area, be careful of PB >> Broken 510 and Hull MA, it may not look good. >> Broken 490 consider GG. >> Last support 470 area. Risk reward worth?🤔🤔 Think about it. When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk...
SYSTECH - TF Daily Nice view until wave complete Still under up trend trending Cup and handle become available Wait until wave complete and above resistance line No need to fomo and comfirm first before you start ENTRY #TAYOR #MFM.TRADER
The price just break the down trend line. Macd golden cross and histogram turn to green. Entry 0.320 SL 0.285 TP 0.390 Risk to reward ratio 1:2
- Cup & Handle Formation - Assume currently working on Triangle Formation - Target estimation based on ABC Wave assumption (Conservative). - Volume Profile acting as support Disclaimer: For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk. #TAYOR
Based on weekly chart, it looks like Systech forming a triangle pattern. Moreover, the price closed above last week closing price with the indicator shows a signal rebounding from oversold region. In addition, the stock forming a bullish engulfing pattern on daily chart.
Systech is currently in range trading mode, between 0.315 - 0.335. next target should be 0.410 and beyond.
SYSTECH 17/03/2023 Current Price = 0.305 Target Price 1 = 0.355 Target Price 2 = 0.405 Stop Loss = 0.270
Price breaks above the handle. Current retracing a bit at Fibo 50% and hit new 52week high. Possible uptrend if break and maintain above 50% fibo.
Just showing profits on latest quarter report on 10/2/2022.Price breaks above the handle.now retracing a bit
1. Tenkansen above Kijunsen 2. Price above both Tenkansen and Kijunsen 3. Systech completed Fibo levels of 61.8% @ 0.30, now it may retrace back to the 100% mark of 0.375 achieved in June 2021 4. Buyers still in control. 5. Volume building up with forward Kumo bullish. 6. Chiko span heading away from price line
1. Price above Tenkansen and Kijunsen. 2. Tenkansen is above Kijunsen. 3. Both Tenkan and Kijun has left the Kumo cloud. 4. Chikou span is moving towards the top of Kumo and once it breaks free from Span B, it will confirm a bullish run.
Systech's current chart resembles that of a bearish bat harmonic pattern where a potential trade can be taken from the current price to Point B (0.300/0.305), which happens to be fibo382 (from swing high ie XA) or fibo618 (from swing low ie AB). 0.300/305 level is also yearly dynamic pivot. In addition, EMA200 has gone under the current price and so the other...
Systech masih ada peluang entry. CL nipis. TP ikut dlm trend line.
EP: 0.33 & 0.30 CL: Reach 10-Days Low TP: 10% Trying new method of buying at 20-Days High, and CL at 10-Days Low (kind of like Turtle trader).
1. Market consolidation phase. 2. Rising triangle pattern near the resistance area indicates buyers are willing to buy the share at a higher price. 3. There are 2 types of entry a. Entry now with small SL b. Entry after breakout the resistance above RM0.345 TP is subjective. Based on conservative PnF should be around RM0.73