DPIH trade ideas
DpiGOODLUCK TRADERS
TRADE AT YOUR OWN RISK
buy at the support,sell at the resistance will be recommended!!!
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
JUST MY OPINION!
NOT A FINANCIAL ADVISE!!
DPIH, CONTINUE UPTREND?can closely monitor
high potential to continue uptrend
can wait till break out minor DTL tayor
VCP SETUP DPIHSector : consumer product . Quite a firm fundamental company.Eventhough recent quarter reducing sales and profit trend,the YOY sales and profit still keep increasing.Technically forming VCP setup.
DPIH trendthe trend for DPIH has been seen repetitive for several cycles, and we can predict the direction of price for the incoming 90 days.
this is for personal study only. trade at your own trading plan.
Another big rally expected to happen soon- DPIH Really interesting counter.
VCP pattern set up properly.
RM0.60 should be good break out point and good entry point.
volume is getting higher indicating market is starting to notice this counter.
Intact uptrend momentum.
Keep monitor closely.
DPIH My expectation price will BO at yellow line.
Found Ascending Triangel Pattern and the idea is it will form Deep Crab Pattern.
#TAYOR MYX:DPIH
DPIHVCP formation and Pivot Point breakout @ 0.410
Strategy
Buy after breakout 0.44 and retrace until retest the support line @ 0.440
DPIH Bhd - Volatility Contraction
Continue to monitor
Risky trade, possibility to be at the end of uptrend, but there is a potential.
Not a buy call/investment advice. Strictly for strategy testing
SYMMETRICAL TRIANGLE BREAKOUT TURTLE RIBBON GREEN
SLOW TURTLE BUY WITH VOLUME RATIO 3.37
FiFT +VE SPIKE UP
MCDX+ BANKER 71%
BANKER SPIKE UP
ATOM BUY ABOVE RIVER
TURTLE STATUS ALL GREEN
DPIH VCP SETUP IN PROGRESSDPIH is forming VCP with contraction below:
C1: -29%
C2: -15%
C3: -11%
C4: -?
Based on prediction, i believe there will be one more contraction with less than 10% before it fully breakout and take off.
+ in watchlist...
Disclaimer:
Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
DPIH - VCP Cup & Handle BreakoutPotential Cup & Handle breakout. Formation of higher lows, supported by RSI & Price on uptrend.
dpih buy on dip?uptrend channel still intact. momentum very strong. no sell signal yet. ride on this superbull rally until it stops. tayor.
dpih continues bull runstrong momentum(purple arrow) is always there even during retracement, signaling a very strong uptrend. day traders looking for fifo trades can look for entries at the bottom and exit at the top of the uptrend channel. mid/long term traders have nothing to worry abt as for now.
DPIH see enough buyers to push it to break 0.315MYX:DPIH strong support at 0.275
Lets see if there's enough buyer to break it above 0.315 or will it trend down below 0.275.
DPIH in tight narrow edge of triangle. DPIH has been in long accumulation and shakeout done before start the uptrend in the month of Aug last year. it formed a healthy spring on the 15 Dec and 11 Jan this year. This is a good sign of strength.
It has reported consecutively 2 quarters of profit and had just completed issue dividend on the 20 Jan.
For the chart pattern
a. Background is green, uptrend
b. Wide spread candle with small rejection and volume is more than 2 previous day. Stepping up volume. Next candle or so expecting high or very high volume to the resistance trendline. Perhaps an ultra high volume if to breakout the trendline.
c. Candle close above 20MA, while 10MA is looking to crossover 20MA,
d. MACD is above centreline and not showing sign of going downward.
e. Very low risk, if EP is 0.285/290. CL is 0.27, TP 0.30, 310, 330, 360. RR starting from 1.5
f. Not holding any of DPIH stock. Might consider for short trade.
DPIH [9 December 2020] Buy On Resistant Zone Break OutMYX:DPIH
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
