The rounding bottom pattern is almost completed. Wait for a breakout at level 1.0 Fibo. Patience in waiting for this breakout could eventually yield a substantial profit.
For the past one month, HEXTAR has developed volatility contraction pattern that has 3 contraction with healthy volume and price interaction.
C1: ~20%
C2: ~15%
C3: ~5%
Not yet a buy point. Can monitor this week if these C3 contraction valid support or not.
Disclaimer:
The content is my personal experience sharing through technical analysis point of view. The...
Corporate Name : HEXTAR GLOBAL BERHAD
Symbol & Code : HEXTAR (5151)
Board : MAIN
Shariah : Compliant
Sector : Industrial Products & Services
Sub-Sector : Chemicals
• Weekly: Weekly, Hextar would enter stage 2 in less than 1 month. Eye-balling chart is in retracement. HEXTAR is impressive in term of its fundamental analysis.
• Daily: After a gap up, price...
MYX:HEXTAR
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
Please consider your own interpretation of Opportunity & Risk:
Opportunity to buy into weakness, approaching area of support.
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted...
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
Hidden base is actually a rally base rally in Technical Analysis and always overlook by many traders. A simple way how to find this area
1. Look to the left and find most obvious support/resistant. A shadow or body is fine, both can be use as long as your line touching the candle body or shadow.
2. Find the breakout Candlestick. Go to lower time frame one by...
![HEXTAR: HEXTAR [9 December 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/e/E9oIFf1C_mid.png "HEXTAR [9 December 2020] Buy On Dip in Support Zone")
