Teropongbursa
SHORT/MEDIUM TERM - TECFAST - POTENTIAL BREAKOUTTECFAST on the rise within ascending triangle pattern, If price break out T1, next target is set at T2 using X to X target projection. Take profit regularly along the way to T2 to avoid being trapped. I personally sell half at 50% target and sell all at 78.6% target. trailing stoploss should be exercise in case the price reverses more than 5% or based on personal preference.
If price fail to break T1, potential trading range play can be assumed. Price might trade sideways in range between S1 and S2.
SHORT / MEDIUM TERM TRADE - HIBISC - UPTREND CHANNELHIBISC, a profitable company, chart is uptrending. Resistance at T1 with stoploss at / below S1. if break T1, next potential resistance is T2. Price is trading within uptrend channel.
FCPO (Ringgit) - DOWNTREND CHANNELShort term buy FCPO target resistance to T1 to fulfill range within downtrend channel. if momentum is strong, potential to break T1 (resistance becomes support) to head to T2. Stoploss is set at S1 (short term) and S2 (medium term). Bottom channel is where we should buy and top channel is where we should sell.
Potential Head and shoulder pattern is developing. once pattern completed, it's a potential reversal signal.
Short term Long to top of channel, Medium term Long (if H&S pattern confirmed)
SHORT TERM TRADE - KMLOONG - BUYING INTEREST EMERGEDKMLOONG, a profitable company. Recent buying volume triggered the chart movement towards Resistance at T1 with stoploss at / below S1. If price manages to break T1, next potential resistance is T2 and T3. Simple momentum strategy to follow the smart money.
SHORT / MEDIUM TERM TRADE - HIBISC - UPTREND CHANNELHIBISC, a profitable company, chart is uptrending. Resistance at T1 with stoploss at / below S1. if break past T1, next potential resistance is T2, top of channel. Price is trading within uptrend channel.
SHORT TERM TRADE - CAREPLS - BUYING INTEREST EMERGEDCAREPLS is resistance at T1 with stoploss at S1. Simple momentum strategy to follow the smart money.
