PEKAT : High tight flag , volume profile & 10WEMA , Friday Rule
prior run up >70%
breakout 10 weeks EMA
pullback to EMA10
support at VP POC and EMA10
break out new 52 weeks high today (Friday )
potential Friday Rule Candidate
also showing relative strength ( breaking out while the Market is in a correction )
MY: Turiya Analysis 14.2.24Has break resistance 0.275. Low Risk can Look for retracement to enter. High Risk to enter now but if price already move, suggest not to chase this counter.
P/s: This is not a Buy / Sell call. Please due diligence before enter any trade. Trading can inccur partial / full loss. Outmost cautious need to be overserved when investing in high risk instrument.
EDELTEQ: Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
PPHB, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
DUFU, might be a chance for bounce back / continuationThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
RANHILL May 2024 : Sell on news , and the reaction at 10WEMA
was in a good uptrend , then a sudden sell on news.
news trigger :
" KUALA LUMPUR (May 28): YTL Power International Bhd’s (KL:YTLPOWR) 70% subsidiary SIPP Power Sdn Bhd is buying 405.18 million shares, or a 31.42% stake, in Ranhill Utilities Bhd (KL:RANHILL) for RM405.18 million or 99.5 sen per share "
- gap down on massive volume , unable to recover ( long upper wick , close below VP POC )
the reaction :
- sell-off halted by 10 weeks EMA
- 50 days moving average
- Value Area Low of P-Profile
JCY: Bullish in uptrendJCY is on uptrend. Just waiting for it to go and push further in the near term.
FrontknThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
PEKAT May 2024 : trading range using Fixed Volume Profile
Volume Profile showing P-Profile Characteristics
in the current consolidation zone , in the upper node of P-Profile:
- price hovers around VP POC - area of highest acceptance & trading activity
- price rejects Value Area High ( VAH ) and Value Area Low ( VAL ) - acts as support & resistance
POSITIONAL TRADER.. SWING BUYI have drawn two downtrend trendlines, which are early and latest downtrend trendlines. These two trendlines have been broken. So, I see that the potential downtrend is over. Now, I look for the beginning of an uptrend. I have identified an uptrend structure where there are points LOW (L), HIGH (H), and HIGHER LOW (HL). However, the price still does not make a new higher high point. We need to wait for the price to pass the H level, and make HH, as if the uptrend signal has started.
KGB CONTINUE TO SHOW STRENGTHI Continue to Re-initiate position today
@ Market opening
@ RM 3.04
Based on the yellow arrow, noted presence of spring on the price action
With huge Vol demand was last week after QR released,
I decided for a short term swing again today
My original thesis remains
Pure Wyckoff
DNEX, potential bullish reversal based on AlgoSignal StrategyThe current point exhibits upward signals according to my algorithmic system, meeting various criteria.
KGB CONTINUE MARK UP
Since the price top on 21/3/24, it was tally with wyckoff projected price based on the 3rd Law
**Refer to my previous post
On 16/4/24 (Red Arrow), i noticed that the bar came with Climactic Volume
this is a sign that trend will be changing
With the price reaching the projected price (Conservative Projection) ,
price will be continuing marking up or stepping stone ?
Thus position intiated as attached
pure wyckoff
CUSCAPI - PRICE MOVEMENT ANALYSISTDoes it have strong momentum to make a new 52-week high? The last trading day showed decreasing volume compared to previous days. The study uses the N wave along with the E, N, and NT targets. The price needs to break the 0.330 level to continue the rise, along with high volume. Tenkan-Sen serves as the nearest support and 0.330 as the nearest resistance.
Note:
Analysist for study purposes.
Trade at your own risk
SUNZEN - LOOKING FOR NEW HIGHN wave - NT reached target. Expecting V, N & E to reach target within stipulated time.
At this moment, price is above Tenkan Sen, Kijun Sen and Kumo.
Closed at 52w High and price need to break 0.4 to reach all the target.
Note:
Analysist for study purposes.
Trade at your own risk.
