- The stop loss level is RM0.165, which limits the downside risk to around 10%. - The target price is RM0.390. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on your preference. - The time horizon is 2-3 months, as the signal is derived from the daily chart. - This is a classic 1-2-3 breakout, creating a new higher high...
Theres no clear sign that the price not even have a signal of higher high.. to fly high.. lates update this show it on demand to be drop aslower as average price at the price of 0.300.. Wait until the prove oh support and the making of higher low to secure changing trend.
possible bullish on short term earning 26 May 2022 next Resistance 0.790 support 0.760 need strong volume to break resistance and continue bullish patern
shows profits in last quarter.Price just break the horizontal line with higher than average volume
clear HNS pattern spotted weekly tf + breakout + rising weekly volume with candle = good sign TEKNIKAL TRADING IDEA 1. for swing risk dah besar sngt, wait for weakening candle + volume = normal VPA 2. possible touch RM0.835, if lebih maybe extended wave 3. for intraday looks smaller tf 1H to find base = support wait for confirmation breakout, entry with mindset...
A significant price movement with huge volume confirms the candlestick trend in the breakout signal where the candlestick body and volume are above the MA20 line. The RSI indexes above 50, hence, a strong buying momentum. MACD and OBV indicate a divergence signal with the possibility of a strong uptrend pattern because the MA20 line is above the MA50...
Evergreen never fail me yet. Pending breakout. Close strong at 0.57
This stock got potential to go higher since it has been downward for many years. Better wait until it breaks and maintain 0.555 with volume. Collection phase is also almost finished. Just beware your support gais :)
Recent spike up even general market is not looking good. That indicate a strong counter. Recent break out RM0.46 was another momentum. Potential for further break out and all time high?
Fundamentally not a good company.However,Chart pattern shows VCP pattern
gradual hardening of price on LPS. trade about to happen
Swing trade. Stands on EMA20 and horizontal support line. Risk/Reward Ratio looks acceptable although not fantastic .
Entry Strategy: 1) Expecting momentum continuation next week, and some retracement this week due to profit taking before ride up the trend again. 2) Two entry strategy i put up there and CL level - follow whichever suit with your trading strategy; momentum play, weekly trading or monthly investing Chart: 1) Breaking up the EMA and long term downtrend...
Find lower risk entry if it retrace later. As usual TP at fibonaci 4.236 (RM 0.670) and cut loss once it break fibonaci 0.0 (RM 0.370)
Why Buy? 1. Price test EMA100 2. Retest fibo retracement 61.8% 3. RSI test 40 level (Mark Up area) after a drop on 11 Jan 2021. 4. This counter is supported by multiple big boys. Watch out for 1. RSI has tested 60 level multiple times (MarkDown area), if RSI close below level 40 there will be a chance for another spring down. 2. Recent quarter report not so good.