Several indicators within my algorithmic system are signaling a potential uptrend. These include: - Increased volume: Activity is picking up, suggesting growing interest and potential momentum. - Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory. These factors...
High chance bounce back above of the support line of parallel ascending trendline.
Strong fundamental company.Increasing EPS YOY and QOQ for 3 consecutive quarter.Price has breaks the horizontal line with high volume.now making a pullback
Monitoring for downtrend breakout 1) Candlestick Look out for long candle closing with high volume. 2) Moving average 20,50,200 converging at about 3.56 for a strong support level
1. Weekly in uptrend EMA 10 >EMA30 >EMA 200. 2. In H4 starting to form Wave 4 with reversal at 0.618 level. Bullish engulfing candle formed. Above EMA 200. 3. Good FA, Bursa Marketplace rating 9 CTP RM8.02, Isaham 13.1, Fair Value RM10.4, i3 ATP RM8.32.
2021 STOCK PICK FROM EXPERTS PURPLE LINE = STRONGER SUPPORT RED LINE = MINOR SUPPORT Disclaimer: Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative. You are responsible for your own risk management Do Your...
MFCB Stock Analysis First I always look at the chart first, identify which market structure we are in? There is 4 stages in the market, Accumulation stage, Advancing Stage, Distribution Stage & Declining Stage. Personally, I look at MFCB now currently from distribution stage heading into declining stage. Share Price at the same time dropped bellow EMA 20 & 70,...
Another green in red market. Inverted hammer formed.
*24 June Technical Idea* MEGA FIRST CORPORATION (Stock code: 3069) 1st Jun MFCB hit it new high 7.180 and retrace back to demand zone area (5.60-6.00),long bias yesterday we see that MFCB closing with reverse candle pattern and increase volume, entry signal we think that MFCB is welcoming it next rally waive,potential trace can be participate. *Risk: Moderate...