break up and take action to long.first set the cut lost point before enter. I think the first resistant at 1.29 will break easily and going back to it fundamental value around 1.30-1.40.
DPHARMA trade ideas
Ascending Triangle Pattern @ DPHARMA1. Ascending triangle pattern can be seen
2. Price always bounce at the pattern support.
3. No abnormalities can be seen in volume, RSI and OBV.
4. Potential RR ratio is 2.5:1
DPHARMAEP 1.39/1.43
TP 1.54
SL 1.33
Backtest result from 2022-07-27 10:30:00
46 trades
83% win rate
p.s: not a financial advice
#deepagiscreener #tayor #bursa #bukanbuycall
DPHARMA: POISED TO CLIMB TOWARDS TP1
Price Breakout downtrendline leaving fresh demand area 1.32-1.37.
TP1 area 1.48-1.52 confluence bearish engulfing zone
Lets monitor closely!
*Personal opinion trade at your own risk*
DPHARMA: Very high potential to test near resistant levelTechnically Dpharma is on an uptrend mode. Possible test near resistance in the near term.
TAYOR!
<TradeVSA> Failed Shakeout with Weakness in Dpharma & PharmaSign of Weakness in the Chart:
1. Buying Climax with Up-Thrust
2. Potential Distribution
3. Failed Shakeout
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
Trend AnalysisThe trend is your friend and the rainbow averages is your guardian angel. When the price is flying below it will induce further selling pressure and increase downward momentum to become a fallen angel. Not sure what is the headline news. Maybe the vaccine will be bottled and delivered directly from the originated countries to avoid complication as the vaccine is highly sensitive to any change in room temperature.
All Vaccines and Pharmaceutical are SIDEWAY No confirmation/ buy signal at current price levels for all 11 counters (except for Pharmaniaga) YET. Price could be hesitating in range bound area for some period of time.
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
DPHARMA - NO VACCINE THEME PLAY YET AS BELIEVE IN THE MARKETGeneral market believes there are vaccine theme plays going on. One of the beneficiary company on this theme is Dpharma. But refer to the Dpharma chart, the stock is now going through and will continue to subject to correction. So there is no vaccine theme play yet at this moment.
Do not always believe what general public believes. Chart shows otherwise.
Suggest to stay aside of this stock at the moment.
Happy trading!
DPHARMA -UPDATE [27 November 2020] Buy On Resistant Zone BOMYX:DPHARMA
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
Investment Panjang Dengan Dpharma?-Analisis ringkas guna trendline, penampakan strong support di EMA 20 dan garisan uptrendline
- sesuai untuk midterm ke longterm
DPHARMA [16 November 2020] Buy On Dip in Support ZoneMYX:DPHARMA
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
DPHARMA showing short term sign of weaknessBearish RSI divergence appeared. Might revisit trendline at fibo .236 level before rebounding higher. Possible low risk entry at trendline, buy on weakness.
DPHARMA - Riding in Uncharted TerritoryDPHARMA
Rst: 4.32/ 4.62
Spp: 4.00
Same like Solutn, considering the full body of candlestick instead of tail, the stock is now breakout into uncharted territory again, we will see upside continue to unfold towards Fibo Ext 161.8%
DPHARMAMasih diatas uptrend line dan harga close hari ini diatas first support. Jika bocor, 2nd support adalah di 3.220.
Sekadar idea sahaja. Bukan buycall.
(7148) DPHARMA - Vaccine Related Stock(7148) DPHARMA
- Reached recent sideways resistant high at RM4.20.
- Retrace and moving in consolidated sideways.
- Sideways support at RM3.62.
- Price action expected to maintain sideways range within the sideways range drawn.
- Stop loss when price breaks down below RM3.62.
- Else a sideways hold till the price action breakout of its sideways resistant high RM4.20.
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DPHARMA: POTENTIAL TP 1 @ 0.405?DPHARMA IS ON BULLISH MODE. POTENTIAL TP 1 IN THE NEXT FEW DAYS.
TAYOR!
