REDTONE DIGITAL BHD MYS - Good Sign, Ready to enter MA Low ZoneTrading style: BBMA
The stock rose and formed a white bullish candle last Friday, breaking out above
its 3-week long triangle pattern. The breakout was supported by a higher trading
volume which indicates a renewed buying interest after the stock’s consolidation
from the 52-week high. More upside is likely to follow after the said breakout,
underpinned by the rising EMAs.
I think that aggressive traders may want to go long now with a stop-loss set
at RM0.970. For today, price may go down to MA Low in Daily and 4H timeframe, that is a good sign to buy now.
Follow-through buying may lift prices to test the historical
resistances at RM1.10 and RM1.15. My target price using fibonacci is at RM1.28
Goodsignal
GBPUSD Is BACK?!Price has came back to the same level as previous chart that i have attached.
Last week, price came to this level and bounced up with more than 120 pips.
Followed by another 120 pips drop too.
So there is an possiblitiy that price will bounce up again BUT there is also possiblity that it is an TRAP move to inicite buyers to jump in only to get stopped out.
I will wait for the price to BREAK the support for the confirmation of a trap move.
$OMG Short Term and Mid Term Gains Idea. Whale Incoming...The trade that match with my criteria, one of them at the moment is OMG!
You can see the indicators at the moment are so tempting, plus, OMG haven't have it's return to bounce, so it could be it's time soon as the chart looks bottomed out for days now.
If you wanted to play, I already put short term targets on white line and mid term target on Yellow.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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