TGUAN showing an accumulation at the lowest price in 3 months, a sign to boost price up to open gap
Foodpanda, grab, takeaway, or anything you could think of. Adapting well to the new normal, focus on improving sales and margins for existing products (i.e. stretch film), and aims to target more export markets. It is also concentrating on continued expansion into higher-margin production lines to sustain the plastic segment’s margins going forward. Revenue...
down trend almost near to support 2.60 wait the trend up or BOD set at 2.6 buy
EP 2.95 or wait it BOD buy at price low as 2.86 wait BOD SL 2.86 TP 3.09
Successful breakout of the resistance at RM 3.2 with a closing at RM 3.26 on 18/11/2020. Price consolidates in the region between 0.786 to 1 of Fibo Retracement for about 10 trading days before huge buying interest came in, with the volume being higher than Vol MA20. MACD about to perform golden cross, BB seems to be going upwards after a squeeze.
Price has closed below EMA 21, and need more Volumes to pressure upward move. Please consider your own interpretation of Opportunity & Risk: Green Arrow (Transparency = 0) = Representing Main Price Path Red Arrow (Transparency = 0) = Representing Main Price Path Green Arrow (Transparency = 30%) = Representing Alternate Price Path Red Arrow (Transparency = 30%)...
TGUAN Rst: 3.50 Spp: 2.97 A rare bullish creature in this volatile market, no bearish RSI divergence signal yet. Adjusted my earlier Fibo Extension projection to factor in recent bonus issue, the stock has broke through from Fibo Ext 100%, still bullish but may be dangerous to ride at current point as over-extended from 100% is usually tough challenge.
But how to find an entry point? Follow my FB page.
MYX:TGUAN Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
Will Tguan able to reach TP6.00. My bull rate is 4/5. Risk and Reward accepted. Let See!
Ready for another wave? Enjoy the ride. Always set your plan and cut loss point.
-top 20 jewels frm a very popular local bank... -technical : let's look at some price action... this is trade 158) frm haidojo trading and the update frm trade 126)…Tguan has broken abv the resistance-turn-support RM4.87 nowit will continue its uptrend until a lower-high and lower-low are formed... current support : RM5.30 strong support : RM4.87 resistance...
-top 20 jewels frm a very popular local bank... -technical : let's look at some price action... this is trade 126) frm haidojo trading and the last companies frm the top20Jewel series…Tguan is temporarily in uptrend…but now it has bumped into the previous resistance level –RM4.87…immediate support at RM4.45 – 4.56…lower support at RM4.00… current support ...
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...
VSA/Weiss wave analysis : TGUAN showing 1) high volume activity on the bars with long lower wicks (green arrows), possibly indicating active buying. 2) This is followed by No Supply bar (a down bar with volume lesser than the previous 2 bars {red arrow}, showing possible no selling interest to bring the price down. 3) On Weiss Wave indicator, there is...
TGUAN (Weekly view) Trend: Bullish Rst: 4.32/ 4.47 Spp: 4.16 The stock is on the verge completing long term rounding bottom formation which is highly bullish. There's still upside space until 4.47 before it can break through into 4.98.
Thank you for your continued support :) Strategy: Bollinger Band Breakout Bias: Bullish. TGUAN traded actively with average volume after the correction phase done at support 3.30 back in early December. TGUAN challenged RM3.65 earlier. The profit taking activity brought TGUAN back to retest support at 3.30. TGUAN recently challenged again recent high...