D&O Theme: Tech Rst: 4.00 Spp: 3.36 Violation of middle BB, with selling pressure climax today, same like other tech counters, since the stock is now approaching strong support at 3.36, chance of technical rebound to be forged here is there.
Possible breakout from falling wedge pattern after major pullback. Sitting right on support at 3.8. Still super bullish when it closed near EMA10 blue line and would start to rally when RSI dropped to near 60%. Bankers are still strong. TP: Sky is the limit. Disclaimer: Sky is the limit. Disclaimer: Trade at your own risk.
Gonna monitor for EP once it touches the 20MA provided the chart is still healthy. Otherwise, abort mission.
D&O Rst: 2.79 Spp: 2.60 Adjusted Fibo Ext projection, obviously strong resistance is built at Fibo Ext 100%, the quadruple bearish RSI divergence and MACD bearish crossover are on its way to cast significant pullback for the stock soon.
Price need to stay 2.60, Current support 2.560 R - 2.70 TP - 2.770 Target aku, blh pg 3.00 Hujung Jan 2021 TAYOR!!
SUPPORT 1 --> 2.45 SUPPORT 2--> 2.375 SUPPORT 3 --> 2.2 RESISTANCE 1 2.655 RESISTANCE 2--> 2.765
Sectors: Technology, Electronic, Semiconductors, LED, Electric Vehicles trading plan - short term EP 2.58 SL 2.52 TP 2.92 / 3.00 RRR - 1 : 5 FAKTOR price menembusi trend lines formasi wave A B C jelas
D&O Rst: 2.66 Spp: 2.18 Triple RSI bearish divergence signal is very clear and this shall cast further pressure for the stock moving forward, don’t get me wrong, it doesn’t mean the bullish momentum will dissipate anytime soon, you may still find trading opportunity on this
Done selling my D&O at 2.67 Price still trading at Uptrend Channel Potential consolidation and look for support at MA 50
Setelah mengumpul tenaga di retracement phase dan membentuk pennant, sekarang masa untuk mendaki semula.
Nice breakout today /w supported by volume... FA - Turning profit at last QR, probably this is just the beginning? TA - Nice consolidation and forming a tight pivot.
Note - AD line goin to cross EMA soon - RSI up to 70 - chart indicates descending triangle pattern show there bullishness pattern in next swing.