>> Roadblock at 0405
>> Need to stay intact with the uptrend line (black).
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment...
Awantec price drop to Fib 0.382 level (Reverse Fib retracement) at price 0.395. Reversal pattern from this level is expected. Long position is favourable for mid term. TP at Fib 1.618 level at price 0.635. A 60% upside bullish.
Awantec just showing buying momentum today as it breaks out the nice bull flag pattern with drying sell volume. Price still maintains above 20,50 and 200 MA. TAYOR.
EP 0.455/0.465/0.485/0.495
TP 0.52
SL 0.41
Backtest result from 2022-08-15 14:30:00
33 trades
58% win rate
p.s: not a financial advice
#deepagiscreener #TAYOR #bursa
Can try a long postion in AWANTEC, which BO'd from 0300-0325 range consolidation with fresh blue dot (volatility reversal). If seen in weekly chart, the price is seen rebounding from 0300 52-week low towards fibo786. (At weekly, the current price is actually at fibo786).
EP, I suggest to que at 0330, which is fibo50 in 1-hour time-frame. CL is below 52-week low,...
AWANTEC in bullish flag formation, Elliott wave ABC corrective zone and 52wl. Can enter but exit below 52wl or wait until the price crosses-up fibo886 again to return to its pattern. If entry were to be made at current price, the potential is proposed in the chart.
AWANTEC's current chart resembles that of a Bullish Bat Harmonic Pattern as per its corresponding Fibonacci levels, where Point D above is deemed as the Potential Reversal Zone. To enter trade, the probable EP is 0675 and the probable TP is 0.860, which is yearly resistance and thee proposed CL would be 0.595 just below Point A and also below the 52-week low....
The candlestick indicates a price breakout from significant price movement with volume above MA20. The candlestick also closed above MA20. MACD and OBV charts indicate an early signal of divergence pattern. Therefore, chances of high probability it will be a long trade position. Put this in your WL and watch out price rally with volume and MA20 crosses up MA50.
R...
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TRADE AT YOUR OWN RISK
buy at the support will be recommended!!!
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GOODLUCK TRADERS
TRADE AT YOUR OWN RISK !
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
*Not for Pipsers & Scalpers*
KDJ: Buy with a golden fork:
At the moment, it is observed that only values of K (red line) appears under the 20 line, that is in the oversold area. The signal would be even favorable once all three (K+D+J) converge, it could be a good idea for seasoned trader to catch the optimal buying point.
Overall Trend:
From the rainbow...
NO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to...
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission (SC) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause...
