1. Ascending triangle pattern can be seen 2. Price always bounce at the pattern support. 3. No abnormalities can be seen in volume, RSI and OBV. 4. Potential RR ratio is 2.5:1
1. Bullish divergence pattern detected in RSI 2. OBV also showed bullish divergence pattern 3. Price had broke the pattern resistance with a bit high volume than normal. 4. Price had also retested the previous resistance that had been broke but with low volume. 5. Potential risk ratio is 3:1 6. Price may retested the EMA200 in the future. Lets see
1. Ascending triangle pattern can be seen 2. Looking at past history, price will bounce when hitting at the support of the pattern. 3. No abnormalities in terms of volume, RSI and OBV. Besides, volume becoming lower and lower for 4 days and that showed that the selling pressure is becoming less and less. 4. Risk reward ratio is 2:1
1. Ascending triangle pattern can be seen at current price 2. Had marked the probable support for the chart as looking back at past prices, will always bounce at the support 3. No abnormalities can be seen in RSI and OBV. 4. Potential 2:1 risk reward ratio
From 2003 to 2018, each cycle from peak to peak for FINANCE index lasts between 36-46 months. Recent high in early May 2022 is equivalent to 49 months. Other indicators: - Negative divergence on monthly chart (CCI) - Similar negative divergence also appear on the monthly chart for big caps like PBBANK, MAYBANK, HLBANK, CIMB.
My view on TENAGA, price will be floating around $7 to $5.8 ish, looking for "big shark" purchase power around that area before it continues to go up. Fyi, TENAGA is one of my choice in term of 'dividend growth' investment. I will be looking to buy when I see weaker bearish. -FIN
P 1.0 : 9.10 A E 1.618 : 9.35 B E 1.618 : 9.33 B E 1.272 : 8.94 A P 1.0 : 9.08 A Two clusters (A and B) based on multiple fib relationships, methodology based on Carolyn Borden.
MYX:CHOOBEE Technical Analysis MA 12 crossing up MA26 MACD super buy signal RSI above 50% ADX buy signal Trading plan Buy price: $1.93 and below Cut loss price: close below $1.75 Cut loss %: 9.33% R:R ratio: 2.72 Disclaimer: This is not a buy call. I am sharing my analysis only.
1. Weekly uptrend EMA 10> EMA 30 > EMA 200. Start to make WAve 1 after correction? 2. H4 now in Wave 4, where reversal signal (hammer then bullish candle) spotted at 0.382 Fibo level. Also an RBS. 3. Isaham score 13.3 WAFV RM8.84, i3 ATP RM10.03
VCP pattern with reduced volatility over the past 8 months. Possible breakout to the upside as trading price narrows towards the pennant tip
Study...based upon Volume Price Spread Analysis and Momentum HEXZA has shown Breakout with Momentum Close: 1.17 EP: 1.19< SL: 1.02 TP: 1.45/1.73/open Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
With coronavirus outbreak in 2020, glove stocks have seen immense upside. However, since August 2020 until now (April 2021) - it has been in a lengthy correction as if there's no hope left and uncertain whether or not glove stocks could still perform in the future. Utilizing Elliott Wave Theory, it is likely that we are about to complete a Flat Correction...
LIKELY SCENARIO -- Price rebound from bearish price target @ 0.59~0.60 -- derived from 150%~161.8% fib of MINOR pullback during drop -- Bearish price target confluent with MAJOR pullback during drop @ 0.59->0.71 LESS LIKELY SCENARIO -- Price rebound from bearish price target @ 0.52~0.54 -- derived from 150%~161.8% fib of MAJOR pullback during drop
While the market was having sharp reaction and lots of technology stocks were beaten down badly, these 4 stocks outperform the market and show leadership. Let's analyze the price structure together with volume spread analysis (Wyckoff concept) on these 4 stocks MYX:AEON , MYX:ANNJOO , MYX:HIBISCS and MYX:MYEG with potential low risk entries at the key levels.
THOSE WHO WANNA BUY TOPGLOVE STOCK, WAIT FOR THE PRICE TO GO IN THIS AREA BEFORE BUYING, IF PRICE CONTINUES GOING UPWARD, WE WAIT FOR RETRACEMENT
this is trade 219 frm haidojo trading... Look into the daily chart and you will see this thing, in the past...yes, I know. What happened in the past doesn't guarantee to happen in the future rite? but that is the only reference we have so far...if I have a YT channel, I can probably explain in detail... fkli-nov has been grinding into the selling region ranging...
this is trade 216 frm haidojo trading... " stay away and wait for coming opportunity if you juz miss this..." if this was what had happened to you earlier, does it make sense to try to enter the trade right now? well, depends on your trading plan, ok? about the structure level, got something to share here... a breakout frm the recent higher-low and forming a...