The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Current price action seems to be lingering around upper border of trading range. Along with the accompanied huge vol, i made an assumption that this might be an absorption So position initiated today @ Phase D, Mark up within TR POE #2 : Entry -1.950 Stop loss-1.900 Profit Taking (at least 2) -2.050 Pure Wyckoff Methode
Fundamental.Increasing sales and profit for 3 quarters in a row.Forming a nice cup and handle pattern.
Sector : plantation.Fundamentally sound company.Current QOQ and YOY shows higher sales and profit.Technically just forming shakeout of the base,which is a good sign to throw away weak holder.however,need to wait for upward breakout of the base with high volume to confirm setup.
1. Uptrend market structure with completed Elliot wave 1~5. 2. Price reject EMA100 3. Fibo retracement 38.2 4. Next week earning report might boost the volume.
1. CPO price still strong 2. Mid Long term counter to hold for 15-25% gain from current 1.40+
KMLOONG - Up Momentum, Banker chip appear Noted: For Interested to subscribe the VT MCDX Smart Money Plus, and pls contact owner (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
Not a right entry point now. Never chase high. Wait for it to retrace the find the entry point. PM me for more detail how to set your trading plan.
KMloong, plantation theme. PM me if you would like to know more about this stock.
Sector: Plantation Buy on Dip hit 1.5 resistance. FiFT +ve ATOM Buy Monitor and Buy on pullback around 1.45 using lower time frame chart. ---- or ---- BoB above 1.5 with volume (Risking 0.18) SL below 1.32
Need to stand above 1.28 first before move to TP1 1.31 TP2 1.36 TP3 1.52
KIM LOONG mean golden dragon in Chinese word. Can it be another Dragon head?
KMLOONG, a profitable company. Recent buying volume triggered the chart movement towards Resistance at T1 with stoploss at / below S1. If price manages to break T1, next potential resistance is T2 and T3. Simple momentum strategy to follow the smart money.