Istone Rounding Bottom MYX:ISTONE
Rounding Bottom
Slow Turtle Buy on Breakout
FiFT Spike +VE
MCDX+ Banker 80%
Atom At highway now !!!
SL below 0.24
Istone
Bursa ISTONE Group BerhadOpportunity to buy at the current price after market open later or wait at the potential zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
ISTONE is expected to reboundAfter had successfully performed a breakout from triangle pattern, the price retraced a bit and touched on the downtrend line a few times. Nevertheless, the price is expected to rebound strongly next week.
Saham Istone Jelas kelihatan IStone sedang melakukan retracement dan tertahan pada support 0.215, wujud sedikit trend menaik tetapi risiko berlaku penurun juga ada. lebih baik duduk tepi sehingga price benar benar meembusi paras ressistant 0.25, dan ini memberi sedikit harapan harga akan menaik sehingga paras 0.275-0.320.
Forecast MYX:ISTONEChart menunjukkan harga sedang membuat correction. Kelihatan juga harga bakal membentuk inverted head and shoulders yang mana ianya adalah bullish reversal pattern.
Walau bagaimanapun, ini adalah analisis peribadi penulis. Sila berdagang mengikut pelan dagangan anda sendiri.
Trade at your own risk.
ISTONE (27/11/2020) on sideway moveISTONE seems to be making sideway movement between 0.200-0.245 in the past few months. Strong resistance is observed at 0.255.
In H2 chart, MACD signals a breakout about to happen, with RSI showing some momentum.
A safer quick entry would be to wait for price to reach support @ 0.220 or 0.200 and wait for Stochastic signal to ride the sideway.
ISTONE is huge stock with 1221M shares compared to its competitor K1 of 782M shares. This could slows down the price action without any catalyst to push it up.
TAYOR
ISTONE - Kaunter berat seberat namanyaFIBO extention.
R yang kuat di 0.2/0.205.
Strong S di 0.180.
ATH di 0.255.
Volume in 23 June, then vol mengering. Accumulation stage.
Momentum berkurang.
TAYOR.
