AT. ( penny stock) As “seen” on chart. AT is building a very “strong base” @ 0.010 due to many “staggering” monthly unmoved monthly bar @ major lower trendline .It’s either waiting for a “panic selling” below 0.010 Or.., or...it already “bottomed “ waiting to “shot up”!!
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Detected on 18 November 2021 and once again on 26 November 2021. This was a short term popular stock a year ago. Interesting to look in, but with cautious eyes. A counter only for the one with steel heart and brave as a lion.
With "Omicron" latest covid19 variant..Is it time now "A Theme" for "Glove and Vaccines" stocks to "fly?" together? AT.. a "controversial" "very tiny" "Penny Stock".. with new "Glove Stocks" production lines ..."piling/stacking" up for export market?......Its stock price seem like just completing its expanding flat pattern @ Rm 0.045 for multi months bearish...
Watchlist weekly MACD golden cross EP: 0.065 TP1: 0.095 TP2: 0.125 CL:0.055 Not Buy call...loss is real. for my study purpose only.
AT price may found buyers at demand zone with double bottom pattern on lower time frame chart at around 0.050.
My Prediction using method Fibonacci Retracement + Support Line + Chart Pattern
Price has slowly formed into a symmetrical wedge (also a two-way compression here) since December and has made a mild break downwards. Yesterday, we can see some rejection on the 0.14 gap. Price likely to pump soon, still waiting for it to reach the nearest solid demand zone (0.125). Another potential entry zone would be 0.105 for a RBS setup. FIB levels matched...
AT is moving along a range bound area between 0.15 and 0.22, however the bullish scenario is still intact. The price is still moving above 200-days SMA and recently, breakout a bullish wedge pattern. Nearest support is at 0.15. Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
Note. - AT now at bullish trend. - Suggest entry in between pivot & S-01
Disclaimer: This is not a buy call but for learning purpose Technical analysis Forming flag pattern indicate accumulation/distribution phase Volume is OK Potential uptrend continuation Trading idea Entry price: 0.175-0.190 Cut loss: 0.170 TP1: 0.210 TP2: 0.230 TP3: 0.250
Week 2 out of 6 Compression in the making at the edge of Pennant Pattern?
Based on foundation of Technical Analysis Principles Number 2 (History repeated itself), may worth to have a look for bigger picture (Weekly Timeframe) about 'Where to Entry'... Alert may assist in future anticipation and thus trigger the next level of 'When to Entry'
AT with second factory in progress and production line have already started mid DEC. Increasing daily cases and contract for glove supply till 2022. Prediction to reach max price RM 1.2 Retailers are shaking