Sign of Strength in the chart: 1. Weekly Green Pentagon with Spring & NS 2. Low Volume after Shakeout in Daily Chart Stock to Monitor: 1. OWG 2. RHBBANK Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
All bank sectors plummeted because of panic selling due to the announcement of Budget 2022. Will rebound to fill the gap along with FBMKLCI.
RHB - Add position (MA 200 as strong support) Note: For Interested to subscribe the VT MCDX Smart Money Plus and learn Victor Trade System, and kindly contact owner (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
Will BNM go on a sustained rate hike on Q4 2021 and 2022?
RHB is a good example of Gann. From Feb 2 it's 14 days up to Feb 16 (incidentally it's an perihelion date), and 13 days down to March 1, with retracement at 25%, then you have a March 2 bar sitting right on 50% as support . Very good sign to go long for a swing trade. 1 week time frame.
RHB bank - Weekly chart up momentum increase By Victory Traders Club (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
RHB BANK BERHAD, go long and wait for the price first