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.
Based on BIgger view, i am seeing a Schematic #2 of Accumulation (Rising Bottom) past few weeks, supply has been evaporating multiple stepping stones formed Thus i initiated position as attached pure wyckoff
1. Near 52 weeks new high 2. Price above 10, 20MA 3. Low volume pullback to previous resistance 4. Previous resistance, trend line, 10, 20 MA as support 5. Base pattern setup
TSMC (TSMC) delivered better-than-expected results and even projected healthy growth in 2024 (estimated to grow by 20%+ throughout the year). The stocks that benefited indirectly are FRONTKN and FRONTKN-WB, so the stock price performed well today
>> Need to break above the "pink" downtrend line. >> Have to stay intact with the "blue" uptrend line to continue rally. Let the market show us the way. When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management! Keep the long term vision. Disclaimer : Please be informed that...
Frontkn - Rst 3.3 & 3.47 Supp 2.95 Is just a matter of time to have this big rounding bottom to be complete. Let's see How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
FRONTKEN Buy zone 3.175 3.030 Or just buy because really hard to go down Sell zone 3.945 4.005 💥Chart pattern
I bought back recently to trade for a positive CPI data ahead. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
Signs in the chart: 1. Heavy sell-off (oversold) 2. Inverse Pullback 3. Break above the upper trendline Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
This is my prediction for frontkn . 100% wrong and if it goes right then its only coincidence. Only prediction. Possible places to monitor @Fib 0.618- soon then it will rebound from there to make Impulsive wave 12345.
Frontken (0128) may rally upon an EMA10-EMA20 golden cross. Upside resistance is seen at RM3.47 with next upside resistance at RM3.88. Downside support is RM2.77. A break below this level could trigger further sells off.
Frontkn achieved wave 5 and currently is doing the correction ABC. We need to monitor further.
Sign of Weakness in the chart: 1. Red Pentagon below 20/40ma 2. Upbar low volume 3. UT and ND near 20ma 4. Negative Pentagon Flow Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Rst New High. Supp 3.5 - My EP 4.08 - Should be a slight retracement pattern here waiting for a candle high break to create another new high - MACD still on positive area. - Chip demand are still super huge out there
Rst New High. Supp 3.5 A new high created today despite a struggling movement in KLSE. Trading strategy on new high is always the same entry at rst breakout. Potential rise will be 4.5 area base on the pattern calculation. My personal trade on this is @ 4.08. On prospective itself, chip demand is super huge out there. I believe this will benefit all these...
lower volume than previous ,indicae false breakout
High demand and shortage of chips in the semiconductor industry will further drive technology sector higher. FRONTKN in our watchlist given its good quarter results and our BMS chart signals are still bullish. Near resistance would be the first Resistance pivot line at 4.00.