0.690 - 0.710 Starbucks Franchisers Issue Profited BJfood. Bullish retracement awaited. Israel related. US boycotted franchises and MCD
BerjayaFood's stock price probably trending toward 0.155 +/- to complete wave (E) of triangle. Why? expenses > earning after opening "More StarBucks outlets"?....
The candlestick indicates a divergence signal due to the price being below the MA200 line. Using the support channel line as a reference, the price has the possibility to break the R1 price line, hence, toward the R2 price line in future trade. The support channel is a reference to holding stocks within the parallel trend lines and buying stocks at the lower...
Bjfood, as by 5 jan 2023, price closing rm0.98 . No new catalysts, news, either booster. Lack of popularity, momentum low, many sign of weakness, upthrust 1 day ago. However, the trend is still bullish. Price still above MA100 and MA200. Currently testing support at 0.98. If broken may test support @ 0.935. Next quarter report expected on early February....
BJFOOD setting up VCP with below contraction: C1: -29% C2: -14% C3: -7% Chart further stand solid after the split. Volume look decent lately on 15th and 19 Sep. Let's see if able to breakout the C2, C3 and C1 as well. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as...
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...
I'm expecting BJFOOD to go up and test the near resistance soon. TAYOR!
Propose game with Risk and Reward. Manipulated movement to test impatient trader
Daily - Break Ichi cloud and DTL. 4HR - Break Ichi cloud. 30Min - Ichi cloud thin showing has the momentum to continue up.
Slow but moving.. Resistance (R) : 2.04 Support (S) : 1.97 Entry Price (EP) : 2.07 With strong buy of 5 Market Depth (5MD) Target Price (TP) : 2.13 Stop Loss (SL) : 2.01
Corporate Name : BERJAYA FOOD BERHAD Symbol & Code : BJFOOD (5196) Board : MAIN Shariah : Compliant Sector : Consumer Products & Services Sub-Sector : Travel, Leisure & Hospitality • Weekly: Price is maintaining 200ma after a huge 50 ma breakout • Daily : Strong 20ma support and now the price is trying to break the resistance at 1.75 • EP: 1.6-1.7
Expected a weak consumer sentiment and prolonged social distancing measures to hinder sales recovery in the near-term. The trend is really bearish to me.. For those are like to shorting, this new month beginning is the ideal moment. If you find my article and analyze help you please like, follow and comment if you have any idea. Thanks.
* = explanation Falling Wedge - Bullish 1. Broken Falling Wedge - Waiting for retest on Demand Zone (*where investor wants to buy). 2. Potential correction (*when the price moves too high, there is less demand, which in turn will pull the price low as it does not worth much in the market. This is known as corrective rally/retracement/pullback/retest) 3. The 21...