The current price 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.
based on wyckoff map, this is to presume that current price action which taking place is buec
thus, i iniatied position on that assumption
Entry : 2.750
CL : 2.670
Take Profit( 2r) : 2.910
It was touch the FVG's gap and trade below Hull MA line.
What next ?
Look for next support @ 220 area?
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or...
Potential rebound play for Hartalega?
Blue uptrend line as support (broken consider GG).
Currently still trade below Hull MA (red). Best is stay above it (price 2.15).
Possible for operators to pump?🤔🤔
Will know soon.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell...
Hartalega’s “the worst” is over. As it “start making profit “....But “bumper to bumper” road still ahead. P/s...For this it incurred a one-off impairment expense of RM347mil in 4Q of FY23 – dragging the company into the red for the full year with net loss of RM218.04mil, as compared to a net profit of RM3.23bil in FY22.
Good News! With breaking new 52 weeks low, Hartalega is forming a ABC ( Red Circled) correction = it will take “shorter time” to break All Time High ( ATH). Instead of ranging e.g triangle/ double zigzag etc..
Hartalega. For its past 3 dynamic cycle ( no. 2 purple) always near the blue vertical dotted line. So.so...So!!! Hartalega having “high probability” trending up until end of 2023 min for next cycle no. 2 (purple).
As shown in the graph we wont know which side Harta will breakthrough first , but ask yourself is the price at a meaningful level to be bought ? We shall find out in time
I believe it is a good price and nay lower would be an amazing lovely discount for me
So!...it’s very obvious that HARTA yearly chart much more “clearly/beautifully” compare to Topglove yearly chart as it had a very “big bar 2 (Cyan/blue) and its 2022 yearly chart just “seat” above demand Zone!! P/s..Following my previous chart on Topglove, I will be giving further analysis not just about Topglove but health index , glove index which comprised of...
Transaction today shows high volume at the day high with price maintained in the same range .
This shows the price is reaching the price peak with potential selling pressure coming in.
Based on our analysis, next trading day price will not sustained at the high side. Price might fall after morning price hike.
Possible to form a double bottom here? Going down like this should have investor/trader cutting off their losses. Give your comment on this. What do you think?
*refer to the image link*
Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher.
This indicates the big boys have no intention to mark the price higher & a price retracement is on the way.
High volume price down happens around 11:40 & 12:15 shows the selling pressure is in.
We see a few glove makers are...
Harta have long term bullish reversal setup with confirmation entry! Harta’s stock price By breaking wave b (cyan) the subwave of last impulsive leg down which is wave (v)(Red) confirmed a reversal signal for down trend Since August 2020...P/s people asking if you are so good why just don’t “keep yourself?!” R u trying to show off? Selling signals or looking for...
HARTA. Today I gonna “bullsxxxing” a “myth” about ying ( seller force ) , Yang ( buyer force ) AND neutral force ( median line of parallel channel) again “represented” with parallel channel. P/s Since tradingview “free user” don’t have enough data feed. I have to “superimposed image” by using 3rd party apps to have more “history data” for “whole view” of its...
Disclaimer : All past, present, future chart analysis are for illustration, research, studies purpose ONLY.. Harta/ Hartalega May still yet to found its “footing/base” at around Rm2.37-Rm2.38..before having “very deep” “pullback “ from downtrend .possible reaching @ around Rm15..
Harta. Just posted a “quarterly earning in lost” for the 1st time in “history”! since it was listed. So...so..Sell the “news”? Or buy the “rumors”?..Most Traders/ Investors Trade based on “news”.. if they can’t read one. They “create” their own ..falling into “own illusion “ just try to “ convince “ themselves to buy certain equity with their own “bias”...We’re...
