>> Price blow Hull MA >> Broken support and EMA 20. >> Dropped more than -12% from 0.545 >> Stochastic oversold. Collect cheap? Nope. I will wait for stronger reversal signal. Or else just let it find the bottom. Beginner traders: Looking to buy at bottom and sell at top Profitable traders: Looking for high probability moves while covering their...
The price seems rebound from the support shown on the chart. Take long position with SL below the support.
Fundamentally strong company.Now forming a VCP setup.Price just breakout the horizontal line with high volume.
wedge contuination waiting volume change of character
PRESTAR is still in the correction mode within Wave 4. Break above the ending diagonal, I'm expecting the end of Wave 5 target is around 1.04. Trade at your own risk.
KLCI: Correction mode - caution. Sector: Steel - ok Fundamentals: ok Price approaching demand levels. Also concurrent lower channel. Insider buying at region of 0.58. Good RRR at around 0.64-0.65.
PRESTAR has previously rebounded at 0530 as per Elliot Waves Theory on ABC Corrective Zone on expanded flat, which happens to be the fibo50 from Wave 1 to Wave 5 retracement and has now crossed fibo382. In addition, the price of PRESTAR has crossed the daily pivot point and also a double yearly pivot. To enter trade, the potential EP would be at 4htf pivot point...
the trends looks it will try to breakout within repeatative timeframe. However, the possibilties for Price to search for strong support is still high. this is for own information and discussion purposed only. do not use as your trade plan AND this not call buy singal.
PRESTAR Theme: Steel Rst: 1.22 Spp: MA50 Forging its immediate support at MA50 trendline, sustaining at this point is critical to help resume the stock uptrend
A counter with attractive PE, PE as said is the market expectation the lower the PE the better output of investment. Current PE trading for the prestar is ranging between 6 which is significant. Perspektif dalam TA, menunggu harga retrace dengan seller yang sikit but the prospect of the company with very rewarding. Kita tahu baru baru ni PRESTAR reported earning...
Volume overtake. If CS close above 1.22, expected to TP at 1.28. The technical analysis is just an idea for educational purpose only. Disclaimer: Trade/Buy at your own risk.
Prestar hit our target at 1.225 and negative divergence seen on Daily Stochastic - hence, FOMOs are advised to stay aside at current price level.
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
Prestar has been bullish since Mar 2020, forming a V-bottom and significant price movement to the upside above 200 days MA. The share retraced in Aug to neutralize the overbought condition and resume the rally with significant price movement above resistance level at 0.84. We notice a formation of Ascending Triangle and recent price movement above this...
Symbol & Code : HARBOUR (2062) Board : MAIN Shariah : Compliant Sector : Transportation & Logistics Sub-Sector : Transportation & Logistics Services • Weekly: PRESTAR has created a massive cup and handle pattern. 200MA pattern is not that convincing because it has flattened out, but price remains above it. • Daily: 20MA momentum is slowing down, so I bet it...