1) Harga berdekatan dengan paras classical resistance become support. 2) Harga berlegar pada support fibonacci range (2.00 -2.07). 3) RSI above 50 menujukkan kaunter ini masih mempunyai momentum yang bagus. 4) Volume merah mula berkurang dan masih significant dengan pergerakan harga.
MYX:PIE SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
As according to momentum PIE has high chance to break its 52 week high
PIE Rst: 1.88 Spp: 1.70 Pending rounding bottom completion, once this is done will unleash further move to Fibo Ext 50%.
Today's daily candle has filled the gap down on 27th Aug. If this daily candle for this week break the resistance 1.75 we can assume rounding bottom pattern is valid and price will continue to climb. Pay attention on volume as well as we need volume more than 1 month average to support pattern confirmation.
Entry point @ 1.630 Take profit @ 1.785 Stop limit @ 1.570
Entry point @ 1.450 Take profit @ 1.570 Stop limit @ 1.350
1. VSA Setup 2. Accumulation 3. Mark-up (Pullback) 4. 5-days 5. Green Pentagon Potential Counters: 1. Tashin – Spring 2. JHM – Line Chang 3. Chin Hin – Line Change 4. CAB – Pentagon 5. PIE – Pentagon Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before...
Bad market sentiment mainly due to external jitters. Local factor includes 2019 budget tabling in november which might introduces some new unsavory taxes. Looking at wave there is the possibility of downward short-term(C) movement after which comes upward (D) movement before the last corrective wave barring additional negative news. Will it go lower or head...
PIE a profitable company, has broken out descending triangle chart pattern while RSI is bullish. potential price will attempt R1. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target. If price failed to break R1, possible it will test S1 and potentially trading sideways.