FCPO Week 9 2024 - Still bearish.FCPO is coiling. Price is almost stalling last week. It goes up one day and then it got taken out the next day. So at the end of the week it is more or less moving no where. It might do the same next week within the flag formation. Still with bearish view for price to move to 3720 area which might be the support area before price eventually moving higher. The bullish view will come into picture if price move and close above the flag resistance area.
Fcpo
FCPO Week 7 2024 - target 3815 area.After going higher the price closed lower at the end of the trading day. It createed a high wick which indicate that there is still possibility that price is going lower. Based on this for Week 7, price might see a movement lower towards at least 3815 area. Will need to see the price action at this level to see if price wanted to go higher.
AAPL awaiting breakout to next supply areaNASDAQ:AAPL consolidating tightly. Awaiting the next breakout to around $195 supply area.
Potentially looking at new highs after that.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
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TOPGLOV: Downtrend continues?Back when MYX:TOPGLOV was trading at RM7.29, I posted and idea of a downtrend forming. People laughed.
After a few more other update posts, it is now trading below the RM1 mark. Expecting prices to tumble further if it manages to break below RM0.81.
Denial does not make the stock rebound. Why not trade what we see instead of what we think?
Trading Plan 30/3/2023Main Trend: Bearish with major resistance
Short Term Trend :Bullish
Trading Plan:
• Short –
o If price fail to break above Daily R2-R1 range, TP1:3690 TP2:3660 SL:3770
o If price gap down and break below 3610, TP1:3575 TP2:3540 SL:3660
• Long –
o If price gap down but fail to break 3610 TP1:3690 TP2:3740 SL:3610
o If price gap up and maintain above 3770 TP1:3800 TP2:3850 SL:3730
o
Disclaimer: This is just my IDEA on the market, not a suggestion to open any trade. Please do not follow without any personal due diligence on the market
Trading Plan 29/3/2023 FCPOMain Trend: Bearish with major resistance
Short Term Trend :Bullish (Double bottom in 1H)
Trading Plan:
• Short –
o If price fail to break above Daily R2-R1 range, TP1:3690 TP2:3650 SL:3770
o If price gap down and break below 3600, TP1:3560 TP2:3520 SL:3650
• Long –
o If price gap down but fail to break 3600 TP1:3690 TP2:3730 SL:3610
o If price gap up and maintain above 3780 TP1:3840 TP2:3900 SL:3730
o
Disclaimer: This is just my IDEA on the market, not a suggestion to open any trade. Please do not follow without any personal due diligence on the market
FCPO 9 March 2023 : LPSY for mark down?Price break uptrend channel back. There is the possibility of a market sideway or downtrend.
Price still respects the downtrend channel so far. However, the price still did not break the previous trading range although we saw the Sign of Weakness in the price.
Price below EMA50.
Trading Plan :
1. Sell: If the price still respects the downtrend channel and EMA50
2. Look for Buy: If the price breakout the downtrend channel.
5min :
1. EMA12+EMA50 is flat = Sideway.
2. See which side price will be broken for entry. Based on the downtrend channel.