The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Still bermain2 dikawasan support
Rbr setup last time ikutkan dah fail tapi still within ranges cb1
Dbr right now need to move above 650 for a to form
H4 ada dominan bo tapi belum pulback
Based on md tak jauh pullback
Q3 biasa end of may or june
R 650
S 570
Due to significant price movement, the candlestick is in a breakout signal with the price closed above MA20 and MA50 and volume above MA20.
MACD and OBV charts indicate a divergence signal with a high probability of a long trade position.
Put EDARAN in your WL and watch out for price rally up momentum with volume.
To place your bid, use VWAP as a guide and...
Price testing EMA50, possible to trend high. OBV pointing upward and start moving above than 50day average indicate this counter have buying interest for short to midterm
Support: 0.77
CUTLOST 0.73 | Resistance: 0.86/0.91
Edaran Berhad, an investment holding company based in Malaysia, is engaged in computer systems integration, the provision of smart technology solutions and maintenance and consultancy services. In addition, it is involved in the property investment operations. The company was formerly known as Edaran Digital...
From chart:
- DTL still intact.
- Retest SBR with low volume
Trading Strategy:
- Wait for entry based on PAV.
Business Nature:
IT Soluton services.
I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money.
-Heil_Z-
# Are-snuff Traders Club
# Bilis Traders Group
Current price: 0.935
- Quick fundamental reviews (2 last quarters)
o Revenue : Positive and increasing - 100 %
o Net Profit : Positive and increasing - 100 %
o ROE : Positive and increasing - 100 %
o Overall Fundamental Score : 100%
- Quick technical reviews
o Trend : Uptrend above SMA 20, 50 & 200 - 100%
o Pattern : Clear continuation pattern - 100%
o Support :...
Based on my observation, Edaran continues to make a higher high. Looking at 30 minutes time frame, the price is now on consolidation pending to reach higher. I prefer using RSI 2 indicator to identify the lowest possible risk in identifying potential entry points. Trade at your own risk.
** No buy or sell call **
** This publish is purely on education purpose **
1. Movement above MA20 and uptrend band is a good sign
2. However, a shooting star is happened on 2nd July. So, it might happen a small retracement in near term to touch on support @ 0.745 - 0.740
