Within 2 days of the new variant , OMICRON virus being spotted , the news splashes everywhere. Here , in the Stock market, some stocks are raking in abnormal returns on this piece of news. Meddtecs International which makes personal protective equipment soared more than 80% within the last 2 days .It has now retreated to 0.415 level and if more bad news, rumours...
TICKER CODE: 546 Company Name: Medtecs International Corporation Limited Industry: Medical Instruments & Supplies | Singapore Proposed Position: Sell Technical Analysis 1. Downwards Flag Pattern (Forming) 2. Downwards Fibonacci Retracement at 0.618 3. The market will more likely impulse downwards to test key levels before rising up 4. The flagpole take profit...
TICKER CODE: 546 Company Name: Medtecs International Corporation Limited Industry: Medical Instruments & Supplies | Singapore Technical Analysis 1. Large Pennant Pattern Broke out and retested already 2. Fibonacci Retracement at 0.618 3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole Entry: Already Active (0.90-1.15) 1st...
TICKER CODE: 546 Company Name: Medtecs International Corporation Limited Industry: Medical Instruments & Supplies | Singapore Technical Analysis 1. Large Pennant Pattern Broke out and retested already 2. Fibonacci Retracement at 0.618 3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole Entry: Already Active (0.90-1.15) 1st...
Entry Price: 1.05 SL: 0.92 TP: 1.15 Higher highs, volume is building up
We have bought in. Current portfolio 546 1.1565 EB 18.22 SHIP 1.72 MANU 16.23 ITRM 2.08 XSPA 2.81 YINN 27.3 QS 51 Looking to sell tonight SHIP @ market Sold last night WNW @ market LIZI @ market few losing trades recently, but luckily we are still up with a healthy profit
Great stock we have been monitoring for some time
We should see Medtecs bottoming tomorrow retesting the 1.36 level before making another run for its highs. Levels are still intact. Fundamentally, nothing has changed since last earnings.
Breaks triangle pattern with strong volume Bankers chips (RED bar) increase Well supported by Ribbon Trend.
HA candle turned GREEN Banker Chips remain strong Price breaks above upper limit of Bollinger Band Stdev 1.
Correction phase, support at 0.635. Either reversal back to an uptrend or continuous fall to 0.56 level
Clear uptrend, broke resistance level at 0.27, support level at 0.24. Should continue to climb up.