Thank you for your continued support :)
Strategy: Moving Averages Formation
Expected Holding Period: 2 weeks and above
Bias: Moving averages in bullish formation. Oscillator in favourable position. Candlesticks suggest short term down trend has abated.
S: 1.55
R: 1.78
Gentle reminder: Plan your trade and trade your plan. Peace out!
Jangka dia akan retrace sampai sentuh mid BB sebelum rebound. Midd BB sbg entry point dan immediate TP di puncak luar Double Bottom. TP 1.64, CL kalau dia drop dan close di bawah 1.31
JHM consolidation is one of the dark horses technology stock listed in Bursa Malaysia which involved in the semiconductors industry (LED Component)
Charting wise it is forming a break out from Head & Shoulder Pattern at 1.23 and giving a TP of 1.69.
On friday the share price surge for approximately 5% and close at current years peak which is 1.34
With the support...
A. Sino Huaan
1. Confirmation on accumulation
2. High volume 18 Line Change
B. Carimin
1. High volume Up-Thrust at Mark-Up stage
2. Look for strength in support
C. Inari
1. Changes in trend after high volume sell-off
2. Forming accumulation stage
D. JHM Consolidation
1. Confirmation of shakeout
2. Continuation of Mark-Up after Pullback
Send us your preference...
Strength / Weakness in the chart:
1. JHM
a. Successful breakout with shakeout in the background
b. Successful pullback with high volume upbar
2. Aturmaju
a. No follow thru on upbars high volume
b. Formed resistance with up-thrust
Stock code: 0127
Stock name: JHM Consolidation Bhd
Screener: 18LC for 19 Feb 2019 (www.tradevsa.com)
Observation date: 20 Feb 2019
Observation:
a) Price & Volume:
- Price: Wide spread on upbars.
- Volume: High volume on price upbars.
b) Market Stage:
- Mid-way of Markup stage (S2) after 7 weeks of sideway movement.
c) Trading Range:
-...
Strength in the chart
1. Price closed above the previous support after shake out
2. High volume on wide spread upbars
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before...
