Bursamalaysia
Ajiya with VCP Pattern to BOVCP pattern formed over 3 months period with decreasing volume with 1st, 2nd, 3rd contractions: 20.54%, 9.37%, 5.03%. Confirmed BO if it manages to close above 590.
Supports at 560, 540 and resistances at 590, 605, 635.
Note: This is a low volume counter.
Disclaimer: Trade at your own risk.
Esceram’s Pending Rounding Bottom BO?Finally broke through the former heavy resistance of 770~800 and managed to close at 810. Need to close above 845 to complete the rounding bottom pattern perfectly for possible further breakout.
Support at 770, resistances at 845, 890.
Disclaimer: Trade at your own risk.
TOPGLV 7113 MYX 1 Hour Momentum Breakout Study...based upon Volume Price Spread Analysis and Momentum
TOPGLV has shown breakout in Momentum in 1 Hour Timeframe
With Second Interim Dividend Ex-date (23 March) nearing, seems to indicate that funds are collecting.
Close: 5.38
EP: 5.27 - 5.48
SL: 4.73
TP: 5.83/6.11/6.50
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
PADINI 7052 MYX 18/3/21Study...based upon Volume Price Spread Analysis and Momentum
Padini has shown both Breakout and Momentum.
Close: 3.14
EP: 3.07 - 3.20
SL: 2.76
TP: 3.38 / 3.69/3.89
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
Global Oriental Berhad (GOB) Buy now for early bird.Sign of Strenght
Daily TF
1. Massive accumulation.
2. Stochastic Divergence.
3. Momentum buy when price close outside BB.
4. Break resistance.
1H TF
5. MidBB above EMA50.
6. Bullish divergence
Now is good time to entry at RBS + MidBB + Stoch oversold = area 0.375.
FPGROUP Buying opportunitiesBuying checklist :
1. Daily TF Bank Accumulation.
2. Daily TF Bullish Divergence
3. Daily TF Price close above EMA6
4. 1H TF Price close above EMA50 and testing MidBB
5. MidBB cross EMA50
6. Stochastic Oversold (Continuation Divergence)
Tunggu apa lagi? TAYOR!!
Cut loss when price closes below 0.745
Target Profit when price close below EMA6.
LKL Massive Accumulation by Bank!!LKL has dropped a lot since most of the supply for Covid-19 was sufficient.
People forget about this and jerung2 takes a chance to accumulate their shares little buy little like no one knows. We see massive accumulation happen at the current price level.
An early sign of the trend we see in 1H TF where price decrease but the stochastic increase. This indicates buying pressure is high causing Bullish Divergence .
Today 16 Mac 2021, buyers show their strength by bringing the price close outside BB+EMA50 indicate the sign of strength (SOS)
When the best time to enter?
1. After bullish divergence confirmation (dah terlepas)
2. After MidBB close above EMA50.
3. When MidBB above EMA50 and price retest midBB with oversold stochastic. This is the best chance to enter.
Cutloss? If price closes below starting divergence.
TP? when you feel enough... But for me... I will close when the price when Daily TF closes below EMA6.
PRLEXUS Re-entry BUY chancesAfter multiple times accumulation period, price break MidBB Daily TF indicate strong buyers.
1H TF shows uptrend movement with MidBB cross above EMA50.
Re-entry BUY chances at the Support area 0.920
RUBEREX Daily Bullish DivergenceBullish Divergence appears in Daily TF.
Bank accumulation appears to be significant.
Trend confirmation when 1H TF MidBB (SMA20) cross EMA50.
Entry when price test MidBB in 1H TF
YTLPOWR 6742 Bursa MalaysiaThe study is based upon Volume Price Spread Analysis and Momentum
YTLPOWR has shown both Breakout and Momentum.
Close: 0.78
EP: 0.76 - 0.795
SL: 0.68
TP: 0.87/0.96
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
Possible Cup and Handle Forming My first time posting here as a beginner trader! Testing my ideas to see ifI see a potential cup and handle forming here, at the time of posting the cup section is coming to an end over the next couple weeks. Then if a handle forms, can go long after the breakout from the dip. Any feedback welcome as I am still learning technical analysis and gaining experience.
TR 331. PPHB Weekly starting to make an uptrend EMA 10 > EMA 30 > EMA 200. Now in Wave 4 and expected to make the reversal on 0.5 Fibo level. Seems like forming cup and handle pattern.
2. Reversal pattern formed at D1 (engulfing), price action slightly above EMA 200.
3. Isaham revenue and profit in uptrend, trailing PE 6.3, WAFV RM1.94.