This is not a Trade Setup. Hong Fok have been a wide side way movement since 2014 from 0.530 - 1.020. There are strong demand coming in each time price dip to 0.650. Selling occurs around 0.890. Playing within this sideway movement is possible, however be sure to buy close to the lower end (0.550-0.650). Strong momentum can sometime push this counter above 0.900...
A second attempt. Justification: Rebound from support with good momentum
Justification: High Volume Breakout Risky: Speculative. Low liquidity
Justification: Uptrend momentum trade
Justification: Pending consolidation breakout.
Justification: Breakout above resistance with good momentum Risky: Low liquidity and speculative counter
This is not a trade setup 21.500-20.000 is a crucial and tested support. It is highly likely that price will rest and consolidate for a while before the recovery wave. Do note that the current down move still have some momentum behind it, hence price is still likely to fall further. If you are planning for a long position, go by batches. Do not hold below 18.00...
Justification: Resistance breakout with good momentum NASDAQ:SMPL
Justification: Rebound from support with good momentum
Justification: We had an awesome previous trade. Now that price is fallen back to support, lets have a second go. Rebound from Support
Justification: Potential rebound. Resistance broken with good momentum
This is not a trade set up Venture have been ranging from Aug20 until now between support 19.00 and resistance 20.70. This is a relatively tight range. During this period, down moves have higher volume compare to upmove which is lackluster. This is a sign of distribution taking place. Should support at 19.00 broken, we are likely to revisit 15.70. Traders should...
This is not a trade setup. DYODD. Nio have retraced from 67 to 41.5. Crucial support is at 38.00 - 42.50. As long as this support holds, higher prices are possible. Price momentum and volatility can sent the price below 38.00 , hence if you choose to buy at this support, give yourself some buffer. A stop loss at 37-36.5 is recommended. However, should price...
Justification: Uptrend stock, broken resistance with good momentum
During 2020 , the meltdown in the market fueled by Covid19, Singapore market dropped from the high of 3411 to 2206. This is a 1205 or a 35% drop in the market. However price have manage to price a support from 2450-2650, a support that was held strongly during Nov 11 and Feb 16. This support have also created a higher low, the previous low being at 1630 during...
Justification: Risky Penny momentum trade