DISCLAIMER: FOR STUDY PURPOSE ONLY Trade at your own risk MYX:LBS
Last year LBS jump almost 50% then, accumulation phase Breakout new 52W high
Loss in QOQ and YOY.Price just break the horizontal line with high volume
Consider to study, analyze and monitor LBS where its current daily chart resembles the formation of a bullish flag and gartley pattern.
Strong company.Increasing YOY sales and profit.Just breaks its pivot point of low cheat setup with high volume
There is no significant price movement and volume which leads LBS to a sideway pattern now. Volume from recent traded also showing it lesser than Volume MA20. Watch out for MA20 and EMA50. If MA20 crosses up EMA 50, then it will long position. Put it on your watchlist and see if there is significant price movement to confirm it in BreakOut (BO) signal. Hence, it...
1. Setup formed at H4, could not manage to break RBS area. Weekly EMA's crossed. 2. Considered 2nd wave. 3. BM rating 7, i3 ATP RM0.46, ZS research.
Fibo: 0.618 Gann fan: 4/1 Chart: RBS
Might continue to retrace to fibo 0.510 to complete wave 4
The most of strongest Momentum wave - Golden Wave (impulse) Criteria : * Minor wave 3 in 3rd impulse major Elliot Wave * Strong Bullish Momentum volume unusual * Steepness of a trend line increases from 45% to 70% deg * Strong Break in bar retracement symmetry leading to a change in trend behavior * Bullish gap up price action
LBS just recently breakout ascending triangle and hit my target price
Corporate Name : LBS BINA GROUP BERHAD Symbol & Code : LBS (5789) Board : MAIN Shariah : Compliant Sector : Property Sub-Sector : Property • Weekly: LBS underwent short 4 months stage 1 (accumulation), failed 200MA breakout once and now gaining momentum after entering stage 2 • Daily: 20MA steadily increases above 50MA, while prices is taking the momentum of...
CHECKLIST RSI250 > 50 DMI ADX PINK >20 = Waiting for confirmation SMART MONEY = Slim CROSS DEATH = Sell signal MACD = Waiting for Confirmation Waiting for Pullback