Trendline breakout sell and wait for price action in green zone for buying opportunities
Opportunity and Risk DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own...
R1: 0.735, R2: 0.855 Broadening bottom chart pattern still showing sign of bullish potential for this counter. I'm expecting LKL to challenge the resistant and move higher in the next few days.
Strategy Enter on Uptrend Breakout Improvements: Cut Loss execution Enter only after confusion period has cleared, unless obvious uptrend
Trading pattern seem identical in last past month. Price will be revised down in few days. Then, will be follow with 2 VCP adjustment in period of 2 weeks, Then, the price will increased again. Disclaimer: This published idea is for my own reference and learning purposes only. Trade at your own risk
LKL International Bhd Sektor: Healthcare No. of Share: 428.8m 4 Weeks Price Change: 0.285 - 0.740 *Sedang melakukan major retracement sejak kenaikan yang agak tinggi. Area untuk rebound mengikut Fibonacci Retracement: 38.2%: 0.495 50.0%: 0.415 61.8%: 0.340 *Area untuk TP mengikut Trend-Based Fibonacci Extension: 1) 0.57 2) 0.745 3) 1.07 (mid-term) *Stochastic...
Kaunter dalam sektor healthcare ini sedang dalam fasa uptrend, dan mendapat tempias yang positif dalam fasa Covid 19. Dari segi FA tidak berapa bagus tapi sesuai untuk short term trading sebab kaunter tengah hit. Boleh monitor untuk startegi buy on dip dalam jangkaan tarikh 12-13 Mei 2020. Support: 0.370 Resistance 1: 0.405 Resistance 2: 0.425 (52 weeks...
Getting more demand from COVID-19. Closing the ascending triangle and going to ATH
Formation of higher high towards resistance is a sign of strength. Look for entry upon breakout of 0.265 level. Cutloss if fall below 0.245 with take profit target of 0.285.