CP = 0.52
R1 = 0.55
TP1 = 0.56
TP2 = 0.67
RBS = 0.49
S1 = 0.495
RSI(14) > 50
This is not a buy call but just an idea for educational purpose only.
Disclaimer: Trade at Your Own Risk (TAYOR)
TASHIN breakout from 0.49 after 2nd attempt, with volume. Squeeze momentum also shows it goes out of the low volatility zone to high volatility.
EP: 0.505
SL: 0.480
TP1: 0.56
TP2: Squeeze Momentum turns dark green
The most of strongest Momentum wave - Golden Wave (impulse)
Criteria :
* Minor wave 3 in 3rd impulse major Elliot Wave
* Strong Bullish Momentum volume unusual
* Steepness of a trend line increases from 45% to 70% deg
* Strong Break in bar retracement symmetry leading to a change in trend behavior
* Bullish gap up price action
Potential reversal trading signals have been spotted for these 3 Malaysia stocks MYX:MMCCORP , MYX:PARKSON , MYX:TASHIN , which could mark the start of an upswing.
Find out how to ride these potential reversal trades to catch a short duration up swing.
TASHIN just break out from its new trading range.
Recently it broke from the flag. Now it will go high and probably pull back to test its old resistance.
Corporate Name : TASHIN HOLDINGS BERHAD
Symbol & Code : TASHIN (0211)
Board : ACE
Shariah : Compliant
Sector : Industrial Products & Services
Sub-Sector : Metals
• Weekly: TASHIN recently broke out from the main trend line. It has completed its pullback.
• Daily: TASHIN has tested 50MA twice, The candles size are narrowing before it goes up again with stronger...
