The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
After a long wait (recently short of patient due to heat wave), this stock counter finally launch the rocket.
The first resistance now is 0.38 and we will continue to monitor if it can go even further.
Disclaimer: everything share here is just my personal opinion for educational. No recommendation to buy or sell. Happy Trading!
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Very nice breakout from the falling wedge.
Powerwell won a contract in Kulim Hi-tech with a whopping of RM40m.
klse.i3investor.com
And the multinational company that they are mentioning about ? what do you think ?
www.thestar.com.my
Anyways looking for correction & collection between, 20 - 22cents ! , Duration 3-4 weeks
upcoming greater prospect in next 2...
Over the weeks/months
$pwrwell has formed a falling wedge, its time to wait and see on the breakout
good to monitor as risk is lower as powerwell has been slowly descending, as we move for a recovery play powerwell will most benefit from construction/economic run up as powerwell deals with mostly electricals in construction sector.
WATCH OUT FOR POWERWELL and...
Sektor: Industri Produk & Servis ----> Buat produk elektrik (Papan suis, suis dll)
Trend: Menaik
Cara analisis:
Buat market structure high low ----> support & resistance sebanyak mungkin ikut sejarah chart
Stoch RSI: baru mula = momentum ada
EP: 0.330 ( pada 19/6/2020)
Support: 0.320
CL: 0.315 (0.5 bid)
TP: 0.34/0.35/0.375 (jangka masa dalam 3 -5 hari)
PWRWELL
Rst: 0.395
Spp: 0.375
Pull back after hit previous high at 0.41, further upside depends on whether it can progress to break through from this level. RSI and MACD still positive.
1/6/2020
TA :
1. Harga Berada di support,MA20 dan RBS : 0.285
2. Support ke2 : 0.275
FA :
1. Saham IPO Jan 2020 - RM0.25
2. Board : ACE
3. Sector : Industrial Products & Services
4. Business : Specialist in the design, manufacturing and trading of electricity distribution products
Trading Idea :
Short Swing
1. EP - cuba dapatkan hrg 0.280/0.285
2. Pecah support...
PWRWELL
Rst: 0.325/ 0.365
Spp: 0.295
Near bullish Marubozu candlestick indicates the pure strength of the stock. If you're still in the game, you can aim 0.365, just mark 30 sen as new support will do.
![PWRWELL: POWERWELL [s] : Peluang entry di area support](https://s3.tradingview.com/k/kFdanufs_mid.png "POWERWELL [s] : Peluang entry di area support")
