JFTECH as seen one of the rising stock in the semiconductor. Previous year and early of the year in 2021 has shown the stock price significantly emerging due to the demand on the chips and semiconductor. Most of the tech stock, has higher PE. This PE can be reflect the market expectation in the laymen term which is terribly high, making it as the high risk in the...
Classical Pattern still on the move of going south? Reversal fighting between Bull and Bear in the Circle has been dominated by Seller thus another confirmation of strong Down Trend or simplified as SBR Still waiting for the area of interest around RM1.00++
Been pullback for few days. With the volume building up, looks like the pullback is completed. But I shall wait next day's volume to confirm on that.
Managed to hold 0.618 and a short term crucial zone.. 4 possible movements that will follow by it's up coming possible achievements..
Overall this counter is bullish trend and now price under retracement phase. If refer to lower TF H1 & H4 we can see price under compression (candle become smaller) . To be safe wait price breakout TL and retest before enter market. Can look for buying opportunities if price reject at support area either reversal candle , double bottom pattern or compression . SL...
JFTECH Theme: Tech Rst: 1.69 Spp: 1.48 As the stock continued to face resistance at Fibo Ext 50%, there’s still further space to retrace towards its multiple supporting point at 1.48 (MA50 + Fibo Ext first tier), nothing enticing now to ride this. Any chance of rebound will be shortlived since downward trendline has emerged.
good entry for a good company -MFI index is still overvalue (good) please do your own research
Powerplay setup. Rise >100% in 30 days. Contraction ~30% in 21 days. 11 Feb 2021 price stand back above EMA10. Attack soon? QR for JFTECH has released. Looks good. Related to 5G and Automotive! Disclaimer: The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education...
The retracement within the “flag” pattern is expected to end as the stock is now in the oversold region and is hovering around the same price zone after rebounding off 61.8% Fibonacci retracement which coincides with mid-line of BB (20-day SMA) The stock as a solid chance to break out the flag pattern to continue its uptrend movement. Next R/ TP: • 1.965 • 2.09...
JFTECH Rst: 1.69 Spp: 1.60 Candle continued to emerge below critical support level at Fibo Ext 50%/ middle BB or 1.69, not yet consider to loss its control at middle BB, but do take note there’s risk of losing its momentum towards 1.48 if cannot hold the support here.
JFTECH. currently retrace at area FIBO 61.8%... monitor. see-my-label
JFTECH bonus issued recently, expecting 4x volume traded before bonus. Expecting with lower volume coming days with sideway movement, RSI also showing the level of tendency of sideway movement. Forecasting good/better coming Quarter report will tend to move up. Orange hidden horizontal line is support/resistance. Do position well, and TAYORA.
My 1st trade into the Malaysian Market. As usual, all my charts look the same. Price has reached an All Time High. It is my favourite theme and only theme. It doesn't matter what market. Look at my other charts.