The counter is on uptrend channel and making its ATH since 18 November 2020. In hourly chart, Stochastic & RSI are both showing overbought, with MACD showing a probable breakout. A continuation of high volume could continue the momentum with TP of 1.12 (Fibo 1.272) and Support at 0.660 (RRR 1:1). Using Gann Square of 9, resistance is at...
FAJAR is riding uptrend channel since its lowest dip during start of MCO back in March-2020. It is currently set to test resistance zone (0.45-0.46). Since its already on the impulse wave for quite a while, it could probably retrace to 32.8% @ 0.425 before continuing the upward momentum. However, should it breakout the resistance 0.46, it could test next...
PRLEXUS-WA is on correction mode after making ATH on 20-Oct-2020. After a month and seems its still on its way to make a new LL on the downtrend channel. If it breaks the support zone (0.605-0.650), it could be dropping towards 0.490 (Fibo level 61.8%) to complete its LL. Its motherstock (PRLEXUS) has higher balance float (64% of 182M shares) than its sector...
The counter is riding major uptrend channel, and looks like forming an ascending triangle pattern. In H1, it shows a high volume which pushes the price up during last hour Friday (20-Sept), and looks like momentum will continue on Monday with Stochastic crossing up. Resistance zone is around 0.680-0.715. Breakout of this zone could set OPENSYS to a new ATH...
After Stock Split at 28-Oct-2020, PRESBHD has started its uptrend channel and forming an ascending triangle. A huge volume spotted today with abount +12% gain just in 1 day. Stochastic shows sign of uptrend continuation inside the channel. A good entry would be to wait for resistance zone breakout (0.49-0.5) with high volume EP 0.5 SL 0.43 TP 0.54/0.59/0.65 RRR...
CARIMIN has been riding downtrend channel since 4-Aug-2020 and currently is on top of parallel channel. Stochastic showing a downside bias with no breakout sign from MACD. Volume are quite heavy in past few days probably due to vaccine/covid recovery theme. If the price action unable to breakout 0.565 resistance zone, it will continue downward in the channel with...
TOPGLOV has been trading on downtrend channel since a month ago. With support zone of 6.45, it has a strong resistance at 7.65. Stochastic already showing an immediate upward momentum.There is a large gap of 8.0 - 8.5 which could potentially be filled if the price breakout the 7.65 resistance. EP 7.00 SL 6.455 TP 7.625 RRR 1:1 Apart from successful vaccine trial...
ACO is ranging between 0.36 and 0.450 for 3 months and currently on bottom of of the parallel channel. Stochastic has reached oversold area and is trying to make an upside move. No sign of breakout from MACD. With support zone @ 0.32, and resistance at 0.46, the RRR is abount 1:1.6. The volume still lacks banker chip which explains the sideway movement. EP...
GOCEAN is now on a major pullback and riding the downtrend parallel channel. Stochastic shows a probably short uptrend with MACD still not showing any sign of breakout. Nearest resistance is 0.225, with support of 0.15 (RRR 2:1 - not a good entry). On lower timeframe, it seems to be making a limited upside testing the resistance 0.225. With enough volume, it could...
GETS has been rallying +297% in the past month, and is still continuing to complete a higher high for Impulsive Wave 3. Next TP for GETS could be at 4.00 (Fibo extension 1.272). MACD indicator didn’t show any form of weakness at this time. Stochastic still showing a strong overbought. However, should it drop, it could go down as low as 1.26 (Fibo retracement...
As of Friday closing (13/11/2020), the H4 chart seems having selling pressure, however still looks neutral on daily chart. Based on Stochastic, it didn’t show any sign of weakness yet even on lower timeframe. MACD still showing a breakout with less the gap getting bigger - positive news. Organically, it could probably pullback to SMA10 support first before fly...
The stock is currently in sideway channel, trying to find a new lower low for Corrective Wave B. Based on oversold Stochastic, it could continue downtrending probably slightly outside the channel before limited upside for Wave C with resistance @ 0.500 We anticipate the support zone to be around 0.245-0.38. With banker chip flushed away, the stock might need...
In the past 91 days, this stock has undergone huge selling pressure and down by -46%, and now is on Corrective Wave C to find a new lower low. With Stochastic in overbought zone, the stock could continue in downtrend to find a new support around 0.618 level (0.600). A strong support is at 0.565. A good entry would be to wait for the downtrend line breakout and a...
Riding in minor downtrend channel to make a new HL as confirmed by Stoch, NAS could touch the 11149 point before making a run with resistance of 12104, 12431, and 12906 (Fibo extension 1.272). Support is at 11071 and 10462 respectively.
XOX currently in major downtrend based on parallel channel and its riding Correction Wave B to find a new Lower High. There are potential limited upside to meet resistance @ 0.170 with Support @ 0.09 (RRR 1:2.2). Breaking the downtrend channel could bring XOX to a new uptrend Impulse Wave 1 with Resistance area around 0.245 However, if 0.09 support is broken,...
PRLEXUS-WA completed Wave 2 @ 0.640 in 2-Nov-2020, and since then has riding the uptrend channel for about +48.41% in just a week. Nearest support is 0.83, whilst nearest resistance is around 0.985. Good entry would be psychological resistance @ 1.0 with 0.985, and 0.83 as support. However, if the price breakout the symmetrical triangle with volume, we could...
The stock closes with huge buying pressure with volume reaching all time high, along with the price action. If momentum continues, using Gann Square of 9, next resistance would be at 0.23 and 0.28 with Support at 0.19 and 0.15. The stock could complete Wave 3 at 0.23 zone, before pulling back to around 0.15 (38.2% Fib Retracement) for Wave 4. Currently the price...
AT-WC begins Wave 3 @ 0.06, and its not stopping ever since. Extending Time based Fib to 238% of Wave 1, this wave could end at 0.165 and pullback for Wave 4 towards 0.13 (Fib Retracement 38.2%).This makes 0.12-0.13 a strong support zone. Volume is extremely good, with banker chip 100% - to guarantee a good show. Its motherstock MYX:AT has a heavy balance...