DOMINAN trade ideas
<TradeVSA> Daily TradeVSA Stock Ideas - 10 JanSign of Strength in the chart:
1. NS Signal in daily and weekly chart
2. Above 20/40ma
Stock to Focus:
1. MYTECH
2. DOMINAN
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
DOMINAN 7/1/2022-Menarik kerana membuat BO 2 hari yg lepas
-Menarik jika boleh membuat retest dan form reversal candlestick
PULLBACK DOMINANFundamentally not good at all.losing for 3 quarter reports.But technically shows pullback then breaks out from a tight base with high volume
A Breakout Signal!A significant price movement makes the candlestick body close above MA20. Hence, showing a breakout signal.
MACD and OBV charts indicate an early stage of divergence signal.
Let put DOMINAN in WL and watch out for price-up momentum since MA20 was above MA50 which indicates a strong uptrend momentum.
R 1.19
S 1.01
TR 351. DOMINAN weekly starting to make an uptrend. EMA 20 and 50 almost crosses.
2. Daily in wave 4 where reversal expected to be 0.382 Fibonacci level also a RBS (previous Wave 2 at 0.382). Doji fomed an break with bullish candle. Price action above EMA 200.
3. From Isaham, Profit and Revenue increasing, PE 12 and WAFV RM1.16.
DOMINAN reach fibo retracement 61.81. Fibo retracement 61.8
2. Mid BB
3. Support
4. Stoch oversold
5. Bullish Divergence
DOMINANT - A FALLING WEDGEA falling wedge is bullish.... (continuation pattern)
Buy on breakout on the upside..
Disclaimer: The content on this analysis is subject to personel references and used for informational purposes only.
DOMINANT.My simple Trade ideas for this counter.
Form monthly candlestick pattern, inverted hammer found in downtrend which signal reversal pattern for uptrend move. Price already touch the green zone which is best buying zone. Hidden zone buy also been touch which price will move soon. SL Minimum, High reward.
