BIC on Wkly + Daily Exceptional low volume on 7 Oct 21 Entry: $1.47 SL: $1.36 TP1: $1.66
ENTRY: 1.47 SL: 1.38 TP: 1.62 - ADX>20 - RSI>50,RSI<30 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Retraced to 38.2-50% fib level since breakout in Jul 2021 with lower volume. - Breakout of range and HVN on 30 Sep 2021 and moving with higher volume since then. - Today shows possible selling dry out with...
Updated View On Raffles Medical (25 Jan 2021) This counter popped up in our scanner for the potential BEARish trade. I expect 0.895 region shall be next. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of...
Raffles (BSL) could break out soon Disclaimer: This is not an advice to buy or sell!!
I had some time this evening, thus, decided to conduct the Wyckoff Accumulation zone (Buying Tests) analysis on the stock. We expect the stock to mark up from here with target price at S$1.29. Stock's price action has passed 7 out of the 9 Wyckoff Method test as follows. Buying Tests (Passed) 1. Downside price objective accomplished 2. Preliminary support,...