NASDAQ:MRNA has been trading outside lower Bollinger Band, currently priced at $111.40. It has also declined from recent peak of $178.50 at almost 38% decline rate. Stoch has been in oversold mode few last trading days, and it's just a matter of time before the cross up and we might be seeing a direction change. Expect confirmation at $120.26 and next target is...
Price approaching green trend line and strong support at 2.60. Stoch already at oversold. MACD to confirm with cross up.
Checkout BO at 0.78 next week. Next resistance expected at 0.94.
This might be early indication of further uptrend. After we have done with US election and Malaysian budget this week - are we expecting a bull run for ASIAPLY?
Should the support 0.68 not broken by today, we might expect rebound and should be confirmed once slow stoch cross up.
Now it is in correction due to profit taking pressure. Watch out if the confirmation level 4.50 is broken for further uptrend, else we will see at 4.00 support to enter.
I am putting some reference to internet materials describing why technology-based counter will be next high performing sector equaling healthcare during Covid19 frenzy. Just look at how much growth for AEMULUS & PENTA from the low of Covid19 until recent close. Some ideas: 1. Economy is opening up, manufactures are start getting their business in full swing as...
- notice the higher highs 1,2,3 - watch for pullback might be coming to 0.67
It's on pullback and price possibly might be approaching the middle BB line. I am expecting at 1.75 before a rebound.
Let's have a CUP of coffee while we are waiting. Enjoy the ride, this is the time.
-Today there are 432 new cases of covid19 in our country. This is the record breaking figure compared to previous high of 315 on 16th March 2020. -Are we battling covid19 part 2 which is stronger in nature? Or is it just we as human who always take for granted and neglect the SOP and getting loose on everything. -nearest resistance at 3.80 and if broken we will be...
Why? From many angle, it just look real good. Management - the profit is good, company opening new plant, better treatment to staff, booking is ahead of production Investors - look at the OBV, it keeps increasing. Price might fluctuate but OBV indicate how the investors still keeping their trust. Global pandemic - don't look far, in Malaysia yesterday already...
-It has been 7 consecutive days of lower lows for MMAG. -Next support at 665. -OBV at 200mil, the lowest since Sep 2019, indicating high selling pressure -it all started with some market correction, profit taking and announcement by politician to form new government -on positive notes, current PM already secure support from Sabah poll - so impact of politic...
Not at support level 0.695. If not broken tomorrow, then it is probably best time to fly, again. It's HDD world, nobody lives without HDD nowadays. All MAs the 20,50 & 200 pointing upward. Strong trend. Today or tomorrow might be the last candle for latest pullback, watchout for further movement. Next TP 0.76.
An attempt for 2W forecast, assuming nothing funny happen in between. The best price we have witnessed so far is 5.83, and our recent close is 2.51. Considering weekly ATR at 0.70, should we expect 3.20 for next Friday, and then 3.90 for the next. Thats for the whole 2 weeks. 5.83 or better again? Might not be so soon. Anyway we are still battling Covid19 and the...
Another add to MYX:SCOMNET with nice trendline is MYX:RGTBHD . The trendline is good. Slow Stochastic is crossing up the fast. EMA20 on top of EMA50, on top of EMA200 - trending nicely. It is quite safe to enter at market open or to confirm at 0.49.