SUPERMX trade ideas

MartinTFWong

Hidden Potential Selling is clearly spotted in Supermax chart. Based on Volume Spread Analysis, the bar on 22 November have formed an Up-Thrust signal follow by a confirmation on the next day. The price breakout above resistance but close lower toward the end of the day shown Smart Money is distributing again at the top. An Up-thrust bar is a wide range bar seen...

WengCheeTham Updated 

BULL with cautious for now, if 3.88 BEAR attack it might be the end of the up move. Trade safe.

Chrisiew89 Updated 

Supermx has dropped from its high on July 26th at 4.595, to fib support level of 0.618.

nicnyx1 Updated 

SUPERMX is very discounted. Hopefully TP can reach as plotted within 2 quarter.

MartinTFWong

Mastering the skill to read and identify market stages are crucial for your trades. Identify the market stages can further enhance your chances as you are likely to trade together with smart money. As a Volume Spread Analysis trader, we tend to look for Sign of Strength / Hidden Potential Buying during stage 1 and 2 and Sign of Weakness / Hidden Potential...

TradeVSA

One of the most important things in trading is risk management. Setting stop losses can protect trades from becoming investments and investments from becoming headaches. Successful traders of course have good strategies which give them profits, but they also cut their losses short when the trade goes against them. The importance of stop loss is illustrated...

nicnyx1

Here are the levels. Green line indicates strong support. Sideline at this moment Super oversold. Could bounce hard too

TeropongBursa Updated 

SUPERMX has been making higher high and is a good sign that the uptrend will continue. medium term stock, trend following until reversal. Nearest target T1 (along greenline). Support at S1 (along redline), which if broken, signifies potential trend change. Short to Medium term.

HTB_Club

Laburlah Technical Coverage (14-MAY, Monday): SUPERMX Technical Analysis Breakdown 1. Chart pattern: Double top formed 2. RSI & Stochastic: Sloping downward 3. MACD: Weakened bull 4. Resistance level: 2.98 5. Support level: 2.85 Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...

HTB_Club

Laburlah's Daily Complimentary (03-APR, Tuesday): SUPERMX Technical Analysis Breakdown 1. Trend: Bearish 2. RSI & Stochastic: Bearish 3. Next support: 2.31 4. Selling pressure: Growing 5. Remarks: Crucial support @ MA50 breached Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...