MYX:CENSOF DISCLAIMER: FOR STUDY PURPOSE ONLY Trade at your own risk
CENSOF - A rallied high stock since 2020-2021 before peaking at RM0.530. - Retracement lasted for 12 months and have been sideways traded. - Recent buy accumulation range with stop loss management. - A need to breakout of its midpoint price action rally point to see a complete transition into bull market price.
1. Tenkansen above Kijunsen (Crossing happened on 4/2) 2. Price above both spanlines and leaving to hover above cloud 3. Chikou Span out of cloud as expected 4. Buyers in control the past three sessions 5. The above reflect buyer confidence which is also boosted by a positive quarter results. Looking at all the signs, Censof can be seen as starting to trend up.
1. Buyers in Control 2. Tenkansen above Kijunsen 3. Chikou span flat, but after today will be outside and above price range if prices maintain above 0.325 4. Prices will enter the cloud over next few days and if mainted at 0.335, uptrend may follow.
Zero bankers chip. They had just awarded a government project. I am monitoring this for a short term trading.
CENSOF price closed above MA20 hence a Breakout Signal. MACD and OBV charts confirm a divergence (opposite direction) pattern where the signal shows an uptrend pattern. High probability it will be an uptrend pattern. Put in your WL and watch out for a significant price movement. To place your bid, using VWAP to enter your bid price. R 0.390 S 0.330
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
1. In Daily TF show uptrend continuation pattern and 3 times make symmetrical triangle 2. My expectation from chart pattern showing it will make Ascending Triangle. 3. Stoch & MACD falling down and Bearish 4. Volume lower than previous day. 5. Can monitor MA50 (Blue line) as S&R too. 6. Fair Value: 0.675 #swing #TAYOR MYX:CENSOF
(5195) CENSOF - Recent retracement from its failed quadruple top resistant. - Price action sustaining its mid term trend formation. - Pending for price action to trade above its midpoint to trigger price action rally. - Manage loss management at the retracement zone. - Strict stop loss at the stop loss noted.
CENSOF is a company in technology sector which specializes in IT services and solutions. This counter had fulfilled the criteria of indicators that i'd been use in technical analysis that made me to published this idea. There are few indicators and reasons which supports my idea. Firstly, this counter have a strong resistance and support line. As you can see...
Sign of Strength in the chart: 1. Re-accumulation with VCP 2. Effort bars above 20/40ma 3. NS Signal Stocks to monitor: 1. EWEIN 2. Censof Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
Pending for VCP breakout Buy after VCP puulback support 0.53
Turtle Ribbon Green Fast turtle + turtle trend buy FiFT +ve Spike up MCDX+ Spike Up Banker 59%, Banker in control Atom Buy
Is it breakout or fakeout? If it is breakout its triangle pattern, censof might complete his last minor wave of 5. P/s: The analysis might be wrong, for educational purpose, let’s monitor closely. Not a buy call.
Based on the trendline only, we can know the censof will rebounded unless market get bad or got unprecedented news, which will cause price to go down and break the trendline. But as per TA, 80% it will go up and break the triangle to make a new high. In my humble onions , now is the time to enter and TP at the next cycle end.