Pre Consolidation Breakout Setup.
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TA
As we can see price already break nearest LH and TL , now price is testing RBS area. If failed it will continue bullish trend. Wait for reversal candle at HTF or bullish structure form at LTH before enter market.
FA
P/E : - 0.75
DY : N/A
QR : 4.6M
YR : 4.6M
Strength in the chart:
1. Accumulation stage
2. Green pentagon with volume
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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
1. 18 Line Change
2. No Supply
3. Spring
4. Pentagon Buy Signal
5. Accumulation
6. Mark-up
Potential Counters:
1. Uchi Tech
2. D&O
3. SCGM
4. Eco World
5. Reach
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
Formation of a "V" Pattern. It has broken downtrendline on 17 July with a heavy volume and wide trading range, which indicates that selling pressure has climaxed. Long term TP would be 0.345, with each of the Fibonacci level acts as a support and resistance at 0.255, 0.275 and 0.305. Our B.U.Y system has also triggered today, confirming a change of trend from...
REACH has been rallying for the past few days and has reached critical junction Resistance 1 (R1) with a Doji, while RSI is in the early bullish region >50%. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.
If price failed to break R1, possible it will test S1 and...
