Hi..Another trading idea for you to follow. Careplus still be treated as demanding product. I'm expecting the continuation of uptrend pattern this week to challenge previous 1.175 HH resistant line. 40 days momentum and current fibo retracement support the idea. Also my BOX TRADING strategy! Just buy bro!..
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If you want to make money in the financial markets, you need to understand how whales/smart money operates.
You need to throw away all your understanding of how market works, the bullshitness of efficient market theory. There is no...
During the MCO, the safety for the front-liner is always a priority . Demand in the gloves and the other healthcare equipment like PPE keep increasing.
Carepls making a new high during this period. According to the MCDX indicator, indicates a huge amount of parties involves to push the price up as throughout the MCO.
With the latest news, CMCO will be extend...
Observed Carepls have similar pattern to my previous trade at Rubberex (Up trend + VCP pattern).
Up trend confirmation:
1) Stock price above MA50 trend line.
2) MA50 trend line above MA200 trend line.
VCP
1) Observed 3 contraction where the contraction % getting lesser. (1st contraction ~64%, 2nd contraction ~12% and 3rd contraction ~8%)
2) VCP very much related...
Hello dear Malaysian traders,
Hoping that everyone is in good health.
Due to Malaysian Government still continue to make things clear till 12 May, the government is looking forward and critically focus in health. The trade will bring a new shine for this company as long the pandemic still here. Nation wide are trying to fight with this.. and for sure we will...
Hello dear traders, hoping that all of us in well matter. In my opinion and analysis, the trend is continue to bullish. The demand is still high for this company product. To reach target approx to archive in a few days ahead.
If you find this analysis help, please like and comment.
The needs of PPE for pandemic covid-19 is still high. The demands still keep in rising, even the PPE still not enough. Foresee that demand for PPE will contribute a huge bounce, till 0.320-0.325 new resistance. If this resistance is broke, consider continue to take long position.
Due to pandemic Covid-19, medical health care and PPE is highly needed today. Forecast Careplus will have a lots of producing new gloves for the front-liners worker. Short term maybe will bounce up to 0.30 up to 0.35 before going back to 0.25-0.20 region , Upper resistance will be the challenge for the trend going up.
This is only an analysis, not an investment...
kaunter ini dilihahat hampir mengeluarkan sell signal yang jelas setalah candle 13feb hampir menutup marubozu 28 jan.FYI kenaikan careplus adalah berdasarkan sentiment corona virus yg bersifat sementara
