Buy signal triggered based on MRV1 setup at RM0.240;
20% target at RM0.290; stop loss at RM0.215;
2-3 months due to the signal based on the daily timeframe.
**Only for discussion purposes. Not a buy / sell call**
SOLUTN breakout with volume . TP1 is expected at 1.35 and TP2 = 1.50. Follow your trading plan to entry.
Disclaimer: This is just an idea for educational purpose only. TAYOR.
SOLUTN
Rst: 1.48
Spp: 1.22
Solid green candle broke from falling wedge formation, indeed the breakout is initiated on Friday, so if you miss the ride strongly not encourage to chase. A breakout forged from narrow BB, will not be sustaining
SOLUTN
Rst: 1.65
Spp: 1.47
Closing done right at Fibo Ext 161.8%, be careful with second candle formed below middle BB, it potentially means the stock can breakdown from pennant formation anytime soon, upon breaking this, can expect further weakness to 1.22 zone.
SOLUTN
Rst: 1.47
Spp: 1.22
Significant bearish formation with the plunging of RSI will set the stock further southward, potentially to revisit Fibo Ext 100% soon.
The counter is on uptrend channel and making its ATH since 18 November 2020. In hourly chart, Stochastic & RSI are both showing overbought, with MACD showing a probable breakout. A continuation of high volume could continue the momentum with TP of 1.12 (Fibo 1.272) and Support at 0.660 (RRR 1:1). Using Gann Square of 9, resistance is at...
SOLUTN
Rst: 1.06/ 1.22
Spp: 1.01
Solid candle pushed above upper BB, the move has got BB even wider, which indicates further strength to unleash. Nearest hurdle at 1.06, breaking this will head to 1.22
SOLUTN
Rst: 0.97
Spp: 0.835
Doji candlestick done above upper BB, no sign of softening from RSI, MACD, which means you will continue to see upside unfold alongside upper BB.
