Velesto, after reached my target price 0.220, now entering a strong resistance zone from RM0.225 to RM0.280. RSI at 81.30 consider strong selling zone and certainly not a safe zone to enter new position. For those who wish to participate in this uptrend can wait for price retrace back into RM0.180 to RM0.160 with stop loss setting at 0.140. Disclaimer: Stock...
Velesto Buy zone 0.17 0.16 Sell 0.195 But this one good for swing trader If you see, ada gap dekat chart velesto (belah kiri), stock akan naik sampai tutup gap tu, boleh go up to 0.25 Long swing trader target sell - 0.25 Gann resistant 0.23 0.25 0.28
Due to published news for the RM13m deal, there is significant buying in hence the price closed the MA50 line backed by significant volume compared to the previous trade. MACD and OBV indicators confirm the price uptrend towards the next resistance price which is the MA200 line. Precaution for a price correction between 10% - 20% from the recent peak where it...
Fundamentally, 1. on August 25, 2021 QR was released with Net profit 207% (YoY) & 127% (QoQ) 2. Institutional purchase of shares on August 17, 2021. 3. Current crude oil trending. Technically, 1. inside uptrend channel, wave b just completed and expected to hit wave c till 23sen. As always, TAYOR ! regards Abenoor Disclaimer: No trading strategy provided...
Boleh perhatikan, kalau breakout dengan volume, mungkin boleh masuk
8th June 2021 - Today MYX: VALESTO closed above EMA 100. Maintenance his good energy and breakout resistance 0.150 With green line cross above red line in EPRAF indicator, VALESTO is expected to uptrend this week.
On June 4, 2021, MYX:VELESTO closed above EMA 100 (blue line). This is a good sign for an uptrend phase. Let's wait and see on June 8, 2021.
Note - Some interesting counter. Seek best entry/exit. Suggestion on the chart
Trade ideas for this counter. Resistant R 0.19 will likely be broken soon. Price finished creating a base below Resistant area where it will become the first movement of uptrend.. Min TP as per chart or possibly hold for investment - Long Term Happy trading Tayor
We have seen there's a strong buying momentum as the price already break previous high. Buyers in control and some of them taking profit from their position.The best entry to join the buyers when the price retrace back to the breakout and support area. Let's see....
Velesto is in the cusp of breaking Resistance level R1 at 0.19, however there are many evidence that Bullish momentum is strong as seen on DMI preceded by earlier Exhaustion Gap, V-bottom and violation of a valid DTL. The price subsequently moving above the Resistance turns support level, followed by another Bullish Flag formation as another continuation Bullish...
Flag - Possible break out up on 1D and 1H 1H TF TP- 01.85 entry- 0.175 100 lot
Velesto Energy Bullish Flag Target to Close gap to benefit from Crude Oil bullish momentum.
Already break down trend line. Future Ichi cloud is still bullish. Price just retraced from last BO. The last candle is Doji showed buyer and seller indecision. Already entered weekly Ichi cloud showing possible weekly trend reversal. EP: 0.170 R/TP: 0.185 / 0.220 / 0.250
Disclaimer: This is not a buy call but for learning purpose Technical analysis Still in accumulation phase Volume is OK Potential uptrend continuation RSI & ZL-MACD is above the centerline Trading idea (Long term play. Need to hold) Entry price: 0.150 Cut loss: 0.135 TP1: 0.170 TP2: 0.190 TP3: 0.210