3rd cycle completed. Hit TP: 1.21.
Buy on trendline support Stochastic - Crossing RSI - Above 50 Buy - 1.040 TP - 1.20
D&O - Buy on trendline support Stoc - Crossing Volume - Lower than previous
Rain session? Solar power has less power. Hopefully next week sun arise.
TRIANGLE BROKEN.. BULLISH SENTIMENTS INTACT.
Technically Strong Price Actions Momentum, and Red Sea Anti Gravity (Index Bleeding)
Strong Bullish making new high. Banker's chip > 75% High volume and above Green Trend Ribbon
Still within its uptrend tunnel. Set your support at 0.845. If you like my chart analysis, please like, follow me and share it to your friend. :) If you have any stock to analysis, feel free to text me. I will try my best to help. Disclaimer: Every stock analysis are purely for educational/ informational support only. It is not for buy or sell call purpose....
from my view ... this one look great... but need see how it goes tomorrow only can define good invest or not....
top 20 jewels frm a very popular local bank... fundamental : I don't know... technical : let's look at some price action... D&O green tech has been in uptrend movement since 2012-2018...after reaching peak at RM1.00 in Oct 2018, it has been trading sideway with a lower-high formed at RM0.92, in early Jan 2020 this year...during “The Big Fall” in mid March this...
My simple view for this counter. 3 drives formation found at sell zone which confluence with divergence using MACD. Daily candle also show weakness - pattern hanging man. Target sellers to push back price down until green zone before buy decision to be made.
Completed the full Elliot Wave cycle. Reach the previous ranging area. Price expected to trade inside this range before a breakout.