The GOB buy signal was triggered based on the MRV1 setup at RM0.225. The target is a 20% increase to RM0.275, with a stop loss of RM0.200. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price seems to have been supported well at the price of RM0.210, and a sudden spike after a few sessions of flat movement seems like...
The candlestick pattern indicates a reversal signal and strong uptrend momentum where is closed above the MA50 line backed by high volume.
MACD indicators show a positive with a divergence signal confirming the price uptrend toward the next price resistance.
RSI indicates positive momentum due to fresh interest from the buyer pushing the price toward the next...
EP 0.305
TP 0.335
SL 0.29
Backtest result from 2022-08-03 09:45:00
11 trades
73% win rate
p.s: not a financial advice
#deepagiscreener #tayor #bursa #bukanbuycall
The candlestick indicates a price correction between 10% to 20% from the recent peak due to a short position from the investor.
The RSI indicates an overbought where the indexer was above 70.
MACD and OBV indicators support the price uptrend movement.
Precaution for a price correction where it will be pushed down from the upper line Bollinger band.
Let's save...
GOB form a shooting star candlestick pattern on 27th July near the support line at RM 0.325, highlighting the slackening of bearish momentum. Then, on 28th July a spinning top pattern is formed and it closed at RM 0.335(higher than previous shooting star, hence confirms a growing bullish momentum), simultaneously confirming a reversal soon.
Trading idea GOB
1. HL validate
2. Price close atas ema200
3. Ema5 cross 2 line ema
4. Macd hampir nk GC
5. Support 0.34 - 0.35
6. Candle bullish engulfing
Big boy maintaining price at RM0.395
Price broke out RM0.40 three times but unable to sustain, indicating that selling force is strong above RM0.40
Probably big boy is testing selling force above RM0.40 as well, which is good sign indicating that big rally is just around the corner.
Flag formation, with contracting price pattern.
Proper set up done.
Heavy...
Sign of Strenght
Daily TF
1. Massive accumulation.
2. Stochastic Divergence.
3. Momentum buy when price close outside BB.
4. Break resistance.
1H TF
5. MidBB above EMA50.
6. Bullish divergence
Now is good time to entry at RBS + MidBB + Stoch oversold = area 0.375.
-masih mantul dikajian lama.
- pullback di garisan Uptrendline
- first target 495/525
-kalau dpt break downtrendline bulan 9 nmpk bleh pergi jauh mamat ni.
- Sniper SS pun nmpk cun kat bawah nak cross.bleh try short or midterm dlu kut.
#sekadarkajian#anganmatjenin#mgknbetulmgknsalah#adududud
Long for GOB
in DTF, we can see the price creating triangle pattern with current macd going to cross soon above +ve
the volatility of price getting lower means the price in consolidation mode.
The price also reject at 0.382 fibo and creating bullish candlestick with high volume indicating the price have momentum to go higher.
Tp EP, let the price break current...
