Date Analysis 02072021 MACD weekly crossed EP: 0.055 TP1:0.08 TP2:0.105 CL : 0.05 not buy call...for study purpose only
My prediction using method Technique Analysis Naked Chart Trendline + Fibonacci Retracement
Same pattern detected as October 2020. Price currently on weakening downtrend. Current price at support 0.060 - 0.065 (Yellow), might worth to wait for second support at 0.050 (complete retracement). CL if break second support 0.050 (Red). R1: 0.110 (Blue) R2: 0.125 (Purple) R3: 0.190 (Green) Idea for educational purposes only. TAYOR
- Not to be expected, MTRONIC hasn't shown improvement since last year. Yet it keep on dropping for most 50% up to date.
In my previous analysis, we are running profit almost 45% before the price move to the downside. Price previously touched supply zone and have a strong bearish momentum as for now. So, here's the update forecast movement for this counter. What I can see is the price currently making deep retracement to the downside as there's a lot of selling pressure today (dated...
Just retraced and crossed EMA 200. Just break down trendline. Weekly above Ichi cloud - still in up trend Weekly oversold Daily just entered red Ichi cloud, possible daily trend reversal. Overall bias upside.
Price in compressing and we can see there is still a bullish momentum for this counter as it keeps making Higher High structure. Area to be monitor is around green zone area with a small risk just below the support line and demand zone. Cut loss if the price against the analysis.
Technical Indicators to determine trend, entry and exit point. Always correlate with fundamental analysis of the stock. Trade at own cost
Riding uptrend channel. Stochastic (H4) signals possible small pullback at 0.125 (50%) or 0.105 (61.8%) before climbing up higher. TP 0.17, 0.19, 0.24 (Fibo 1.272), with Support at 0.1 (RRR 1:1). Safer entry would be to wait after confirmed reversal after the pullback. Speed: Fast with only 551M shares float (44% of 1246M shares) Sentiment: Vaccine from Taiwan,...
Support at 0.155 and shall go higher once break resistance 0.2