Just starting uptrend.
minimum risk around to cover for short term risk is about 5%
but we've got the mid term risk about 13%. Price might retest into mid term support but then rebound again .
But somehow they might to dive into long term support
As looking today it's having a momentum criteria.
Sendai have break the strong resistance at 0.16 which means will be a strong uptrend as long as the company performed well. The current price now is nearly 52weeks at 0.235. If the price break at this 52weeks high it will create a strong uptrend movement.
Example: SENDAI
When filter 3 appears, it indicates a strong breakout signal with price and volume confirming the upward momentum.
At the same time the MACD is above 0.000 i.e., up trending, it is more likely the price will make new high.
Example: SENDAI
The following day it broke F3 high and continue making new high.
TAYOR.
This is SENDAI chart pattern drawing updates from my previous post. The previous pattern draw is not complete because of price movement of the highest and lowest point is ONLY A PREDICTION to see the direction.
The best buy que for today is in ranged between 0.115-0.12 where the price is predicted to retrace between that level before it continues to rebound for wave E.
Pre Consolidation Breakout Setup.
NO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any...
Trading Idea SENDAI (14/01/2020)
Entry: 0.25
Target: 0.29
Stop Loss: < 0.235(based on closing)
Investment Period < 1 month
Disclaimer: The above trading idea is intended for informational purposes only so please do your own analysis before making any investment decision.
Stochastic and RSI oversold condition with MA20 crossover as buy confirmation, R/R ratio 1:1
Invest 4000 unit RM1180
Target profit - 0.465
SL - 0.125
Profit target - Rm680
SL - RM680
Disclaimer -Trading Futures, Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative...
Eversendai- nampak menarik, tetapi hati hati, lebih baik duduk tepi, menmebusi ressistant 0.270, dijangkakan market akan melakukan retracement pada harga 0.245 fibo,trend tidak kukuh walaupun dari segi gambar ini petanda baik market sedang melakukan uptrend. tetapi tidak salah sekiranya ingin mencuba dengan modal yang kecil entry buy pada 0.235. tetapi dari...
