Area A and Area B had been served as a strong support and resistance. Bullish engulfing candle had been appeared after the higher high and higher low pattern, which means the buyer had started taken control the market with supported of the positive momentum. Besides that, there are 1:2.25 risk reward ratio. It is a good position for all the trader.
Target buy: 1.37
CL: 1.23
TP: 1.65
(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 118) frm haidojo trading…SLVEST has been in UPTREND since its inception in 2019…the recent “Big Fall” which happened in mid-March had sent it to a new low, at RM0.50…since then, it has rebound more than 300%...
current support : RM1.15-1.28
...
Can history repeat itself?
Fast Turtle Buy bouncing from EMA50 / Retest 1.33 Area
Resistance Turned Support
FiFT Turned +ve and Buy on Dip Signal Appears
ATOM moved from sell zone into neutral zone
Potential Target 1.75, 1.95, 2.4
SL 1.2
Recently, Solarvest is breaking higher as higher but please take noted Stoch RSI may come out bearish divergence !!
Be Caution of the price 1.515 and monitor the price if below 1.5.
if the price stand above 1.515 , please ignore this bearish divergence.
I wrote an idea on MYX:SLVEST right after it created new alltime high at 1.49 on 10th June. It did not stop there and continuously creating new high latest on 16th at 1.63.
Based on 3W ATR, the range is 0.17 and it's possible reaching new high 1.64 by next week.
SLVEST
Rst: 1.60
Spp: 1.55
Bullish, wide BB continues to charge the stock northward, no sign of pull back from RSI, MACD. New Fibo projection can last until 1.83
Opportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own...
Kelihatan SLVEST tenang dalam keadaan UPTREND pada paras harga ditutup iaitu 1.46
Adakah SLVEST mampu mencapai nilai PHV 1.53? ?
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Sama-sama kita perhatikan perjalanan kaunter ini
DISCLAIMER:
Segala kajian adalah bertujuan proses pembelajaran dan halatuju kaunter tersebut. Till then, happy trading & TAYOR
My humble analysis as shown below:
1. Observed the RM 0.915 support trend line (green) still valid.
2. 23-28 April correction but didn't break the support. On 28 April candle, observed higher buy force can price closing accurately on the support RM 0.915.
3. 29 April shooting star candle, price still close RM 0.925 which is above RM 0.915.
4. 30 April shooting...
