MYX:PCHEM is forming bullish pennant .
Could PCHEM price continues going up after 2-months of retracement?
Potential entry:
Upon pennant breakout at RM8.78
(Best scenario when the body of the candlestick closes above RM8.78)
Resistance:
RM9.13 / RM9.26
Support:
RM8.48
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a...
PCHEM developed VCP in 79 days with 3 contraction below:
C1: 15%
C2: 6%
C3: 5%
Attempt to breakout soon!
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your...
LLLH
Y1<Y2
strong downtrend
BHOG @ 3
assuming X1 = X2
Weak Pattern A at support.
There is no reversal up signal at all.
Unless it goes pass 5.80 (closest W&R line) or break immediate resistance.
TP @ 4.930
PCHEM
Rst: 6.63
Spp: MA200
Bullish island reversal formation with new candle pierced through both MA200 strong resistance trendline again with above Fibo Extension 50% as well, further upside possible.
PCHEM
Rst: 6.03
Spp: 5.65
Bearish candle pulled back below upper BB, no major threat from indicators, still right above C&H breakout level. Chance to visit MA200 remains.
