We noticed a Bullish breakout above DTL1, strengthen our Bullish view on earlier post on Dec 3. However, the price has made a return move on recent week, remain above support marked as S1. Nearest support is at 0.33 and a price movement below S2 at 0.24 will negate this Bullish view.
Starting last week, the trend starting to downtrend. On 2 Mac already break support 0.360. Current indicator: - Stochastic drop to Oversold - Momentum below 0 - Huge distribution activity - No Banker Chip In activity Projection: - Trend will continue down if break intermediate support 0.315. - Trend will heavily down if break 0.270. Trend Reversal: - If trend...
ANALYSIS (24th FEB 2021)-Counter is in the uptrend manner and now in sideway behaviour. im expecting it to retrace a little bit above its support level and enter there or whenever the blue MACD line crosses the red line. u guys can add ideas or additional info. thank you
Triple TOP has been formed from the ascending/ uptrend trend. Attempt to break the 0.450 with the triple top pattern and soon the price will break that price & moving above 0.40. Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk...
Chip in buy around RM 0.31 - 0.33 as it is significant support area. Currently, price still in ranging and there's nothing to point out. Just wait for the price action reach to the green zone area.
Strategy: Trading Range or Hold for Breakout With the news flow coming in recently for IRIS we can see exactly that the insider play already in. When the news realized, as expected gap up and sell on news. IRIS always being speculated all the time when I start entering the stock market in 2007 till now while PENTAMASTER (the peers during this time still penny)...
You might be interested to buy this stock since they won a multibillion project from the government. You frustrated that you didn't get to buy it during it prices at 0.15 area. You are so down and when you see that it's prices is going down during the last week you were thinking that this is the time to buy. Well might want to save your money instead. Technically...
If it respects to the trendline and base (RBR zone) the potential for the price to climb up is high.
Supply zone looks good. Low volume indicates bear trap. Resistance at 0.410. MACD showing sell momentum is reducing.
Trading Idea IRIS (04/02/2021) - Buy at support (EMA50) - Target and stop-loss as drawn Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Which demand zone will hold major uptrend for continuation IRIS stock..... Just wait daily candle become smaller and smallerzzzz
Buffer Line = 0.305-0.32 Risk & Reward Ratio = 12.4 SL = 0.28(8.2%) TP = 0.62(101.64%) Target Swing 3-6bln