Sign of Strength in the chart:
1. Strong accumulation stage
2. NS signal in the support
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
Based on the previous chart pattern, once the price went to a higher high, the price will move down to an area of 0.786 fibonacci level. At the current price of 0.445 sen, it is predicted that the price will move up to 0.5 sen (1st TP) and 0.6 sen (2nd TP).
Case Study:
1. KYM
2. TEXCYCLE
Main focus in the video:
1. How to spot Shakeout
2. Support level with NS and LC
3. Confirmation on Shakeout
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
I try to buy this counter just for the medium fundamental and volume impact. If the price holding this price in a couple of days, the price will push the price up above EMA50 to get a good support and continue to rise more further to next resistance as show in the chart. Good Luck guys.
Some infos!
- Following an earlier announcement on July 9 that the 60%-owned subsidiary, Pakar B2E Sdn Bhd, has secured the FiT approval from the government, via the Sustainable Energy Development Authority (SEDA). The FiT that was approved by SEDA was at 37.84 sen per kilowatt hour, and is scheduled to commence on May 6, 2023.
Notable ideas!
- New 3's point...
If broke 0.555, next target is 0.815.
Set your support 0.525 and 0.475.
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Disclaimer: Every stock analysis are purely for educational/ informational support only. It is not for buy or sell call...
![TEXCYCL: 17/8/2020 BURSA MALAYSIA [TEXCYCL]](https://s3.tradingview.com/f/fPRFi70O_mid.png "17/8/2020 BURSA MALAYSIA [TEXCYCL]")
