What's next? BE CAUTIOUS. Have your own perception not following gurus...
Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR
Tech upcycle which began around 2013 has come full swing and is coming to an end. We are at dotcom bubble stage.
Smart money has completed distribution and has engaged "labor activist" to trigger the mark-down phase. Protect your money.
Expect VS Industry to gradually drop to around $0.20 (>70% decline)
Not investment advice. Please do your own due diligence.
Rst 1.34 & 1.55. Supp 1.12
Overall pattern seem like a strong trip bottom at 1.12 & it continue to rebound to retest rst area. Lookout on the wedge pattern there if to sustain, might be potential climb ahead. Is a risky risk ratio here but is worth if to hold to see the climbing pattern start.
Interesting with VS where significant price movement with volume confirmed buying interest. Hence, the candlestick body closed above MA20.
Precaution on price correction in today's trade where expect on price correction between 10% to 20% drop in value from a recent peak. Or the price can rally up.
MACD and OBV charts indicate a divergence signal and confirmed...
VS rose above resistance turns support of RM1.54 coupled with reiteration of bullish pattern on the daily time-frame. Up-trending RSI and MACD reflect the increase bull momentum on the stock, supporting our positive-bias outlook. Our near term price target is at 1.92, followed by RM2.21. A breach below RM1.12 could push the price lower.
Disclaimer: No trading...
for research and trading idea only, not a buy call.
vs industry bhd
pls do ur own fa. either canslim or what soever u comfortable.
im very pleased with the quater result of the company especially with the rev. the rev almost hit 1b. previous hit 1b. 1b ok, QUATERLY, not annually. . i bet no other tech company as high as rev as him.
previously hit 52w high, ath,...
- Quick fundamental reviews (2 last quarters)
o Revenue : Positive and increasing - 100 %
o Net Profit : Positive and increasing - 100 %
o ROE : Positive and increasing - 100 %
o Overall Fundamental Score : 100%
- Quick technical reviews
o Trend : Uptrend above SMA 20, 50 & 200 - 100%
o Pattern : Clear continuation pattern - 100%
o Support : New RBS just formed...
Just a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
Could be price going up.
Just a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
