With K1 announcing involvement into the Covid 19 venture, this share sparks a sudden surge after it has been in sideways for so long.
Therefore, we decided to conjure up the possible markup should this share deserves the attention it needs.
Albeit a different take on the starting point on the W1, achieving the target is in conjunction with the previous resistance...
K-One Technology Bhd's 60.0%-owned unit, G-AsiaPacific Sdn Bhd (G-AsiaMalaysia), is setting up a company inSingapore to provide cloud computingservices. It will provide cloud technology,
including infrastructure as a service (IAAS), platform as a service (PAAS),cloud consultancy and design, software and mobile application development and cloud management related...
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Strategy: Bollinger Band Strategy
Bias: Bullish. Prominent volume kicked in today and breakout the box consolidation zone at the price of 0.215. With the surge of price with significant volume, there was a bollinger band breakout observed.
With the widening of bollinger band, SWC believes there will be a positive movement...
Strength in the chart:
1. Mark-up stage in the background
2. Strength with pentagon
Counters:
1. NTPM
2. UWC
3. Velesto
4. K-One
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Strength / Weakness in the chart:
1. Revenue
a. Forming downtrend
b. Below major support
c. To test Spring bar soon
2. K-One
a. Forming re-accumulation
b. A shakeout with low volume
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...
