DAYANG CONTINUE MARK UPI have been in & out of this stock for this year
Looks like a short term swing might be benefit
A classic Re-Accumulation in a Bigger Time Frame of Mark up
Position initiated from the BUEC site, with intention that this might be a BO of Buec
Pure Wyckoff
Anything can happen, risk always no 1 priority
DAYANG trade ideas
Dayang, What a attractive Risk to Reward ratio!To gain in stock market is not difficult. But it require a strong discipline and patience.
From Dayang counter, if you apply VCP pattern and enter at its breakout zone which is 23Aug2022, by now you are enjoying at least 40% profit margin in 82 days.
Imaging if your entry price is RM1.000 with stop loss setting at RM0.910, your risk is around 5%.
What a attractive Risk to Reward ratio!
DAYANG ENTERPRISE HOLDING OUTLOOK (05/04/2022)This counter is showing a sideways neutral movement from a long time. but is expected to make a upward trend.
If its breaks the resistance of 0.950 then make an Recent All time high.
It is expected to go up till 1.020.
Resistance:- 0.950,1.025
Support:- 0.920, 0.885
The Relative Strength Index (RSI) is at 66.64
DAYANG possibility of a Cypher patternJust a prediction, traders may look for additional confirmation.
If the candle goes down past the 0.786 fibo retracement, it can be assumed that the gap below (0.785) will be closed first before making a rise
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
DAYANG - Volume Profile Analysis (Worth To Monitor)DAYANG is trading around @ 1.180 (52 weeks point of control as future support/resistance)
It's worth to monitor the price volume action near this level to determine whether a rebound with higher than average volume will take place or the downtrend continues
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
DAYANG - Pre Consolidation BreakoutNO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
Outlook on DayangDayang had retested 1.3~ 1.35 region and shown very bullish candle in the last trading days.
Most likely will go back above the trendline.
I am neutral with this pick and reconsider a long once it go back above 1.4 region.
Disclaimer:
This is solely a sharing of investment idea and does not serve as an investment advice.
Any losses incurred due to this post wouldn't serve as a liability to the author.
<TradeVSA> Sign of Strength in Re-accumulation - DAYANGSign of Strength in the chart:
1. Reaccumulation
2. NS signal near 20/40ma
3. Volume increase
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Buy DayangDayang currently in daily the price still moving uptrend.....for your fact, the range of price movement for impulse in Dayang is consistent which is good for our target.
Why i go for long???
- Price is on daily/weekly support ( RBS )
- Price is on the trendline
- Daily candle also show bullish signal (hammer)
- Fibonacci retracement is on the level 50%
Use your suggested lot and take care of your money management.
Entry price: 1.35
Cutloss: below than 1.31
Target profit: 1.70 , 2.00
R:R ratio= 1:10
The Bull BattleDayang was enormously dipped on Feb 2020 amid the Covid19 pandemic and found support at Fibonacci 1.27. The share was still struggling below resistance level R1, however, has indicated several bullish reversal patterns including Double Bottom and, Inverted Head and Shoulder.. The price is on the cusp of breaking R1 since Feb 2021 after remain undecided for further trend direction. If the price could close significantly above R1, our minimum target for Inverted Head and Shoulder, coincide with Fibonacci target level 2.618 is at 2.275. On the flipside, price movement below support S1 could push the price lower to 0.48.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only.
