After making a successful 52WH, the stock has pullback for quite a while with at least 2 dead cat bounce. And the price seems steady at 61.8% support (0.625) for few candles now. We also observed lower volume during pullback, indicates only few seller are selling their shares. Only time will tell when the buyer will start to take control. Best is to wait reversal...
the indicator of Stochastic has shown an oversold condition for this counter with less than 10% stochastic level. volume show a high interest in buying this stock compare to selling volume recently. Its normal for if stock traded beyond upperline bollinger band it will do correction to create new low. it was happen 3-7 dec where price surge rapidly moving above...
Sektor: Consumer Products Sub Sektor: Household Goods Sentiment: Vaccine Distributor Status Indeks: Buat HL dan meneruskan kenaikan (uptrend) Status Fundamental: - Market stage: 4 Trading Plan: Target Price 1 (TP1) - 0.945 Target Price 2 (TP2) - 1.175 Strong Support (SS) - 0.64 Cutloss (CL) - 0.565 Cadangan 'entry': Harga kemungkinan jatuh lagi sehingga 0.64...
In the analysis of Fibonacci landscape, the most important level to monitor actually is the 50% line and yet it is the most overlooked one. Just like any sport game, the middle of the playing field normally is the first line of defense and an indication that which side is controlling the game. If it is trading above the middle line we could technically view it as...
Bintai has been enormously rallied since Aug 2020, breaking key resistance at 0.57 to Fibonacci target at 1.618. Prices usually react on Fibonacci levels by making either a continuation or reversal chart pattern. In this scenario, Bintai is making a continuation pattern - an Ascending Triangle, which adding our optimism on the bullishness. A significant close...
BINTAI performed well on Friday (due to Vaccine news) however selling pressure has bring the price down. The price just breakout from ascending triangle and next TP could be at 0.935 / 1.0 / 1.16 (Fibo 1.272), with Support at 0.670 and 0.570. MACD is showing a breakout signal, with RSI showing good momentum building up. TAYOR.
Note! - 2's entry point (buy) suggestion. - Expected to go sideways after price rejection
Chart menunjukkan harga sedang bergerak di dalam ‘ascending triangle’. Pattern ini merupakan bullish continuation pattern. Jika harga berjaya ‘close’ di atas triangle tersebut, ianya berpotensi untuk meneruskan kenaikan. Walau bagaimanapun, ini adalah analisis peribadi penulis. Sila berdagang mengikut pelan dagangan anda sendiri. Trade at your own risk .
masa depan bintai mula kelihatan sedikit cerah. terus perhatikan
almost same high, but higher low spotted looks like forming an ascending triangle. break above 815 zone will trigger more upside. SL if fail to stay above 67
Some news onward! Bintai Kinden Corp Bhd’s shares rose marginally in early trade Friday after its partner signed an agreement to to develop and commercialise a coronavirus vaccine in China. The counter added one sen to 72.5 sen with 20 million shares done. Bintai Kinden’s partner Generex Biotechnology Corporation has entered a framework agreement with Chinese...
BINTAI is constructing VCP that is similar to Solution VCP that i shared earlier (link below). C1: ~33% C2: ~23% C3: ~9% Current construction around 58 days. There might be a C4 that is less than 9%. Need volume to kick in and break 0.770! Need more vaccine good news booster! QR is coming soon, should be still a bad QR. I believe market not really care, as...