Buy signal triggered based on MRV1 setup at RM0.225;
20% target at RM0.275; stop loss at RM0.200;
2-3 months due to the signal based on the daily timeframe.
**Only for discussion purposes. Not a buy / sell call**
Filter 3 appeared at M30 TF. It indicates a strong breakout signal with price and volume confirming the upward momentum.
Today price breaks 0.250 (strong resistance referring to Gann Chart. Now becomes strong support).
If the price won't break this support, it more likely to create new higher high.
Next target is 0.280 (the strongest resistance referring to...
LIKE I SAID ON PREVIOUS ANALYSIS.
I DID ANALYSIS AFTER I BUY HIGHER. IM SO SAD BECAUSE BEING A MAN LIKE THIS.
I BUY FIRST, AND FALLING LOVE TO ANY STOCKS I BUY EVEN IT WAS TIME I SHOULD "CL" BUT I FEEL I CAN'T.
NOW I SEE MY FOOL :'D
Finally broke through the former heavy resistance of 770~800 and managed to close at 810. Need to close above 845 to complete the rounding bottom pattern perfectly for possible further breakout.
Support at 770, resistances at 845, 890.
Disclaimer: Trade at your own risk.
Sign of Strength in the chart:
1. Effort bars from Support Level
2. Pullback at 20/40MA
3. Increasing volume at resistance
Hit the "LIKE" button to support us :)
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
Esceram need to break the 770~800 region to be able to fly. Current support is at 720.
RSI is healthy and I believe this counter will fly soon as sharks are accumulating (bankers at near 80%).
Disclaimer: Trade at your own risk.
Bounced off from the red EMA20 line after another sell down due to sudden bad market sentiment. This is the 5th occurrences after the uptrend officially started on 21st Jan. Banker chips at 60%.
770 will be strong support here and 840 resistance which is hard to break.
Disclaimer: Trade at your own risk.
Esceram’s suddenly plunged to the low of 740 which is near to its EMA20 support line when the market was spooked by external factors for a short while. Weak holders were shaken out and price’s steadily inching towards 800 mark. Closed at 790 with strong buying interest.
Immediate support and resistance are 720 and 845.
Disclaimer: Trade at your own risk.
Esceram will be trying to test 940 resistance with the latest news of Insider's accumulation. Recently BO with a nice rounding bottom and Cup & Handle pattern. Double Bottom pattern is forming nicely here.
Disclaimer: Trade at your own risk.
Trading Idea ESCERAM (27/01/2021)
- Breakout, crossed EMA50.
- Entry within the yellow (T2/T3).
- Target and stop-loss as drawn.
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Daily chart: EMA golden crossed, uptrend movement initiated. However, there is a trend line resistance to break. If it could break out and stand above it, the uptrend will be confirmed.
Weekly chart: it moved back in the uptrend channel, the question is could it stay in it?
kaunter ni boleh hold dulu untuk tengok sama ada akan menaik atau sebaliknya. 8/12/2020 esceram naik 32%. kalau berterusan uptrend mungkin boleh pecahkan resistance 1 dan akan terus naik. tunggu sehingga harga resistance 1 dipecahkan dan line MACD melintas ke atas histogram untuk mula membeli.
uptrend , already from a cup
set up to buy 0.6 , fift green , turtle buy
SL 0.54
tp 0.7
ratio 1:10 good buy
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uptrend , already from a cup
set up to buy 0.6 , fift green , turtle buy
SL 0.54
tp 0.7
ratio 1:10 good buy
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