In H1, we observed a pullback entering 61.8% support. We also observed the counter is in major uptrend and ready to form a new higher low anytime soon. Based on previous pullback, using Time-based Gann of 1.0, we expect the HL could complete somewhere ard 3-February, before doing a quick jump of +40% to 1.41. This would be invalidated if price break support of...
In H1, we observed a hammer candlestick pattern on support. Next move is possibly to test resistance at 0.500 and 0.530 (to close gap). RSI is oversold with Stochastic signals for rebound. EP 0.420 TP 0.500 (+10%), 0.530 (+26%) SL 0.375 (-10%) The setup is invalidated if price close below 0.400. Sentimen: MOU with Huawei to promote products to Government and...
Just like any other glove stocks, this stock had a good rally in past few days. We believe the stock will continue upside momentum for a while, probably gap up, before continue with a pullback towards area of value around 0.390 (Fibo 38.2%). Best is to wait to buy on dips in the area of value during pullback. Sentimen: Covid cases all time high, uncontrolled...
The stock is highly overbought now where it already making a strong move in past few trading days. We expect the stock will continue limited upside for a few candles to close the previous exhaustion gaps and continue with a pullback (should the glove sentimen fades) towards area of value around 38.2% (1.08). Best is to wait to buy on dip in the area of value...
MA 200 sebagai sokongan Sell pressure mengering Candle doji
Running through an uptrend parallel channel since 11-Sep, HLT-WA has potential to continue making Wave 5, as long as the channel didn't break. Strong support identified at 1.01 and 0.645 region. Bankers chip still low at this point. It needs to break 50% before it could really fly. Volume still low compared to August. With Glove-Vaccine sentiment and political...
Building on a previous post I illustrated 2 possible scenarios for the oil markets. (linked) Having initially thought we were in the 2nd, it appears I was wrong as this current rally now has an impulsive feel to it. As you can see there appears to be a leading diagonal patter in play. It will be key to see the market react off the upper bound of this diagonal...