1. Price at MA200 support
2. Price making lower low
3. At the MA200 support, there is a present of small candle but with high volume (anomalies detected)
4. Bullish divergence in RSI
5. OBV increasing while price decreasing
6. A good potential 2:1 ratio play.
market stucture
price already touch resistance
is it time to buy?..for sure not
wait the price to pull back.
or
break out and pull back to current resintence
then find ur buy signal technich
wat is buy signal..next note
TAYOR
KUALA LUMPUR (March 22): Despite the high costs, Affin Hwang Research expects that retailers and brewers will be able to pass on the high costs as Malaysia begins to emerge from the pandemic period, as socio-economic activities resume and consumer demand resumes. , however, the food and beverage industry is expected to face stiff competition. Fierce competition in...
Bonia has bucked five straight months of market pullback as the price found resistance at 1.05 coincides with negative divergence seen on RSI in March. The stock however, rebounded upon touching 200-day SMA coupled with support level at 0.84, which the entire pullback could have ended here. Hence, we see a possibility of technical breakout above the DTL. If this...
Sign of Strength in the chart:
1. Re-accumulation with shakeout
2. CoC follow by Pocket Pivot
3. Pullback after breaking from Pocket Pivot
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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
BONIA
BONIA - A luxury fashion company. I like their products. I'm fan of leatherwear.
As you can see their stock price have been falling since 2014, that doesn't seem very good. BUT looook to the left even more! It almost same as the price when they go public, HAHA. (poor Bonia founder keeping their shares for 17 years just to get breakeven).
Well well, it's...
Bonia has been on a downtrend for a very long time. Bonia has recently broken out of the trendline. However, it seems as if price is about to break lower. Price has already broken ascending support level, and hit resistance level of 27.5 cents. Price will most probably retest trendline at 30 cents, before continuing down to 24.5 cents, then maybe 20.5 cents. If...
