Another long term game in the move. May have a Cup and Handle on Daily - Plan your trading plan!
AAX Theme: Recovery/ High risk Rst: 0.10/ 0.13/ 0.15 Spp: 0.085 Well consolidated, pending for important rounding bottom breakout at 0.10, upon breaking this you may apply the projections above to price your exit.
AAX- hampir seminggu price membuat retracement, sehingga berlaku perubahan trend menaik kepada downtrend. tetapi bagi saya market ini berkemungkinan akan melakukan lagi penurunan berikutan GAP yang berlaku pada harga 0.040. walaupun kelihatan price sedang bertindak balas pada support price 0.075, ini tidak bermakna market akan terus menaik sehingga wujudnya candle...
Price structure showing bullish momentum as the price keep making HH and HL. Even though when we look at the bigger timeframe the price still in ranging, I expect the price will find the next resistance level around 0.135. My entry point around 0.08/0.075 as we can see the price already made a clean break and possible to retrace at 0.08/0.075.
SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
Backtest pada AAX daily chart, just guna simple basic indicator iaitu Support & Resistance, MA lines, MACD dan juga RSI; Trending : Uptrend Start/End Date : 19-Mac-2020 to 17-June-2020 Duration: 91 days
Price forming the wedge pattern. In MACD, momentum is increasing with bullish divergence showing also. In the volume indicator, the buyer in accumulate? if yes, then its just take time to move the price up. The seller also reduce in this accumulation period. TP: 0.75 TAYOR
I have bought AAX at the price of 0.08 is because, looking back at the previous rally up, it is creating the same pattern which i feel will have a rise of 400+%.
Updated View On AirAsia (6 FEB 2020) It has never been that dirt cheap. Now we are seeing minor resilient acts from the bulls' side. If the bull movement stays, we shall see massive short-covering rally soon. Too late to short, Now everyone can buy lah. AirAsia Boleh! DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" ...
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AAX..Now Everyone Can Fly Xtra Long ( more than 4 hours )