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BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)
*The trend direction: Extended (Green background) Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal (BT) was sighted on 10-Dec.
*Price tested the lifeline (Redline) & close above it on 26-Dec.
*The Momentum signal (White-Star) sighted on 24-Dec & 02-Jan, an indication of the strong buying momentum.
*The Bell Alert was triggered on 26-Dec & 03-Jan, an indication of a coming signal.
Prediction: The current price was moving within the BOX (R1<>S1). The double-top was observed in the short interim. This will result in the pullback/correction to/nearby the lifeline (Red-line) area. *It needs to break Out-Of-The-Box to make new High for the rally to continue.
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)
Target Price: RM0.58-60 & RM0.66-0.68
Cut Loss: If broke below S1 Support RM0.52
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)
*The trend direction: Extended (Green background) Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal (BT) was sighted on 10-Dec.
*Price tested the lifeline (Redline) & close above it on 26-Dec.
*The Momentum signal (White-Star) sighted on 24-Dec & 02-Jan, an indication of the strong buying momentum.
*The Bell Alert was triggered on 26-Dec & 03-Jan, an indication of a coming signal.
Prediction: The current price was moving within the BOX (R1<>S1). The double-top was observed in the short interim. This will result in the pullback/correction to/nearby the lifeline (Red-line) area. *It needs to break Out-Of-The-Box to make new High for the rally to continue.
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)
Target Price: RM0.58-60 & RM0.66-0.68
Cut Loss: If broke below S1 Support RM0.52
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
Comment:
HEVEA it has further broken our S2. As previous advised, no action on this counter "Never catch the dropping knife" Until it given us the bottom reversal signal, we will do no action on it.
Good luck & Happy trading!
Good luck & Happy trading!
Trade closed: stop reached:
HEVEA: SUPPORT BROKEN TURN INTO DOWNTREND
It further breaks our S2 support confirmation of the downtrend. We are standing aside from this counter.
Good luck & Happy trading!
It further breaks our S2 support confirmation of the downtrend. We are standing aside from this counter.
Good luck & Happy trading!
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Join our Automated Signal Alert System channel for KLSE.
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We will wait for the bottom reversal signal before taking any action.
*Never catch the dropping knife!
Good luck & Happy trading!