Strongly supported by Fibo Ext 50 - 61.8% as we can observe flush below this area is constantly pushed back by buying pressure. Shall consist space to push towards MA200 of weekly chart
There are several reasons why picking this stock.
Fundamental analyzing it, I dont think this is the best in property sector, but if the worst is over, then this is the undervalued company.
As this stock in in property sector, it is a sector not to be missed, although it grows pretty slow.
Moreover, this stock has been sideways for 337days. Which I think the...
Thank you for your continued support ! :)
Strategy: Candlestick Bullish Chart Pattern Formation
E&O, Breakout with volume today, will this momentum can keep going? We don't know, let the market decides. However, E&O breakout from short term downtrend line and forming double bottom (W-shaped) chart pattern. If the formation has to be done, neckline at RM0.635...
While the YTD performance looks pretty flat, the last year has really shown a different story for E*TRADE.
It seems apparent the TD <> Schwab proposed merger leaves some questions as to E*TRADE's future... however, as one of the largest volume players... it could be a great deal for someone with a strategic direction or alternative business line.
Deep pullback but is more safe buy now because the bad has happened
In Feb 5, 2018 Dow drops 1,175 points the biggest point drop In history and historically after big falls like the Black Monday October 19, 1987
Remember that after the shock, strong hands buy stocks.
About the resistance line:
Resistance Line is an (Area, Zone, Sector)
Between 31.90 to 34.70 ...