An obvious downtrend stock.
Anticipate pullback may take over soon.
Look for strong base for rebound play.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost...
NCT's share price broken the neckline and previous low which likely to head toward the MYR 0.18 - 0.20 range.
We can observe that the right shoulder comes with huge volume which indicates that the market maker already exited the market during that time.
Continuous price significant movement on NCT indicates a strong uptrend pattern with high buying volume confirmed the trend. Somemore, the candlestick body closed above the MA20 line. Hence indicates a strong uptrend pattern.
MACD and OBV charts indicate a positive and confirmed the price uptrend pattern.
Precautions on price correction between ~10% from the...
Increasing QOQ and YOY dramatically.currently still forming a base of low cheat.Look for surge in price along with high volume to break the base,to confirm setup
0.53
CUTLOST 0.49
Resistance: 0.57/0.61
Grand-Flo Berhad is an investment holding company. Grand-Flo Berhad ventured into property development in mid-2013. The diversification in property development marked the effectiveness of the company after the completion of the acquisition of Innoceria Sdn Bhd in August 2014. Both projects are located in Mainland Penang,...
Price bounced off the Demand Zone back in mid August, and also broke out of a down trendline recently.
Price also stayed above the 20 & 60 MA on a 1H chart, which should mean the consolidation is done and ready for breakout.
Looking to enter now.
Target profit 1 at 0.575
Target profit 2 at Supply Zone
Disclaimer: I'm not giving any trading and investing advice....
Sign of Strength in the chart:
1. Re-accumulation with potential Shakeout
2. Volume remain low in daily and weekly chart
3. Use NS as resistance / support
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
