Consider to study and monitor a potential low entry of DNONCE in what appears to be a bearish bat harmonic pattern in daily time-frame where a potential swing trade can be taken from C to D, with the first potential TP and B. The probable EP at fibo886 (0.280), the probable max TP is fibo886 extension which happens to be a yearly pivot acting as resistance and the...
1. Bat pattern will be valid if the price passes and closes above point B. That the entry point (white line)
2. The price must always be above point C to determine this form still applies. Point C is last cutloss price (red line)
3. Near strong support is yellow line for my CL
3. My expectation the price will reach point D as TP1 to complete this Bat pattern at...
DNONCE just breakout 200MA,probably will retrace back to lower trendline as a support before move higher(as shown by red arrow).Weekly MACD also already crossed up above '0',shows some momentum.Not a great fundamental company but there are some improvement with QR report.It is also in strong sector currently
Dnonce Trend Analysis:
Downtrend:
First the price trend went through a downturn creating a new low.
During this stage, MCDX is relatively low, below 25%.
It is a chips accumulation stage
First Wave:
Upon completion of accumulation, there was a first up where closing price breakout the neckline with volume, MCDX moved towards 50% level.
Completion of first wave...
TEKNIK ASAS ILMU TRENDLINE (TL)
1. Cara tarik Trendline UTL dan sharp entry guna teknik TL = LL LH LH
jika nak swing. Selagi UTL belum patah on je swing trader.
2. Cara tarik Trendline DTL = HH HL HL.
Ada juga trader BOB tunggu kat sini. Breakout je TL beli .
BOB = Buy on Breakout
i saw this stock just finish a breakout and the volume is good... it will fly this coming period at least 12%... strategy buy in 0.66 and stop lose 0.61.... tp 0.705 ....
Long term view (Monthly chart)
Big Cup and Handle pattern since 2013
Huge Volume spike.
Monthly BoD and ATOM Buy.
Target 0.66, 0.75, 1.0, 1.2, 1.4
MONITOR DAILY CHART FOR ENTRY.
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
![DNONCE: DNONCE [5 October 2020] Buy On Resistant Zone Break Out](https://s3.tradingview.com/s/sGcEngv2_mid.png "DNONCE [5 October 2020] Buy On Resistant Zone Break Out")
