Perdana - (Update from the previous Chart)This Stock is continuously going up and still in uptrend move. This update to show another potential flag breakout.
WILL CRESCENDO CONT ITS MARK UP?This is a continuation from previous analysis of Crescendo (Refer Link Below)
As price Tightening Approaching the Creek, Supply seems to shrink.
All these occurs in the background of High /Huge Vol of Supply
PRobably this is An Absorption which is on going
(Hallmark of Absroption)
I am a bit concern with the Bar & its Vol on (Black Arrow) :
1/ 12 jun 24
2/ 28 Jun 24
- So far, demand still not showing interest overcoming these area
In view of that, i let the market to prove me wrong
Position initiated as attached
Pure Wycoff, Anything can happen
LGMS: 1.88?LGMS is on an uptrend move. Based on the current strong uptrend move that we can see clearly on the bollinger band, i'm expecting lgms will move higher targetting 1.88 in the near term.
Tayor!
Crescendo: take profit @ 4.25?Crescendo is on an uptrend move with good buyer intact. Based on the technical and the current trend, i'm expecting it will move higher in the near term targetting 4.25 soon.
Trade @ you own risk (tayor!).
ITMAX CONT MARK UPThis is an Atypical Re-Accumulation pattern
1/ Price lingering around Buec Area
2/ Vol :
-Demand going In
-Supply Evaporating
3/ Bascially fulfilling all Wyckoff Buying Criteria
Thus, with the assumption that the price going to Break-Out Buec Area ,
Position initiated as attached
Pure Wyckoff, Absolute
**This is a Classic Wyckoff Plotting, Especialy with Creek , which was introduced whom considered as a legend among true wyckoffian, Bob Evan
***Probably the price will reach @ 3.17 before ChoCh (Change Of Character) taking place
SMRT GOING TO MARK UPThis is a pov from Pure Wyckoffian perspective
Few points why i am interested with this stock to trade :
1/ The line yellow marks the transition of from non trending to Trending environment
in which wyckoffian term as Change Of Character (ChoCh)
2/ The zone of contraction , in which David Weiss talks in - depth about it (Introduce by Toby Crabel)
-As pointed by Red Arrow
-This is the point where i iniated my Entry
3/ Yellow Line which indicates the Creek (Introduced and popularized by Bob Evans)
-breaking out of Creek, a typical of JAC (Jump Across The Creek)
in view of that, i attached my position
** Entry @ 2 points :
1/ rm 1.02
2/ rm1.08
Risk always be respected
Pure Wyckoff, Anything can happen
ABLEGLOB CONT ITS MARK UPThis is roughly idea in terms of Pure Wyckoffian View
at the moment, the area in which i circle (blue color), probably undergoing Re-Accmulation
-as evidence by volume : some of the huge supply has been overcome by incoming demand
-there is still room for the price to go up : 3rd Wyckoff law (Yellow Color projection line)
in view of that, i iniated my position today , as attached
Risk always respected
Pure Wyckoff
UNIQUE where do you want to go?UNIQUE on the Day time frame (22/7/2024), some candlesticks have formed a base for a few days after making an improvement on July 15, 2024. Yesterday, it looked like a shark (yellow bar) was present on the daily time frame.
UNIQUE where do you want to go?
SALCON BOM TFDSALCON (19/7/2024): Time Frame Day, the last candlestick breaks the red line (Breakout Merah : BOM), this is a good sign for the price to rise.
While in the Time Frame Week, the candlestick has formed a base and a shark (yellow bar) has appeared. The presence of sharks when the price is sideways is a sign that the price will jump at any time.
Let's monitor the price movement of SALCON!
KIMLUN ready to continue bullish forceKimlun has perfectly broken out 5 years resistance, from a very nice multiyears base. Zooming in on Daily, price has broken out flag pattern. Who ready to ride this stock until ATH? TAYOR.
Gtronic - QR soon, will it be positive / negative?Price was closed below Hull MA.
Stochastic and RSI are at oversold area.
Broken few supports, and drop above -19%
Possible rebound? Yet have any confirmation.
It's important to remember that oversold / overbought conditions do not necessarily mean a reversal is imminent. They can sometimes indicate the strength of the current trend.
Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
VELESTO in retracementI believe VELESTO in retracement zone. Good time to collect some of it shares.
VELESTO in retracementI believe VELESTO in retracement zone. Good time to collect some of it shares.
BJCORP. Classic stock after 1998 crisis 18/July/24Berjaya Corporation. A Conglomerate in Malaysia where many investors have xx experience .. after 1998 Asia Fianacial crisis. But with coming "new"....
TOYOVENThis Weekly FORECAST
Opportunity for TOYOVEN. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
SNSThis Weekly FORECAST
Opportunity for SNS. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
MYEG - Pennant Pattern, Rebound at RM1.00 Major SupportIn process of breaking out from Pennant Pattern.
Upward trend continuouation with price constantly trading above EMA 50/100/200.
MACD, RSI, and Stochastic indicator are showing sign of trend reversal.
Major support at RM1.00 and major resistance at RM1.15
MYX:MCLEAN - Analysist on price movementPrice in between "Tenkan" Sen and "Kijun Sen" which is "Kijun Sen" as support and "Tenkan Sen" as resistance. Price need to break "Tenkan Sen" and 0.295 to reach target N & E within stipulated time based on Wave, Price & Time Theory
Note:
Just a study for learning purposes.
Trade at your own risk.
