DRB Hicom. Good billions of investment? 30/August/23I must be reading chart wrongly as no matter how many time I reviewing its all time history chart it still shown a "Very Big bearish Triangle" waiting for........by SteveTan112
DRBHCOM 1619 good chance?trend potential triangle show the buy point, the current price is above the long term downtrend red band, is it a potential reversal from bearish to bullish? refer to GDMM, green candle is going up from the bottom, potential a short term buying chance. from chart pattern, this buy point is from the higher low, i predict there is still a chance to go up in future.by phoenixfre1990Updated 334
DRBHCOM has the potential to go upGreat QR result shown last Feb 24. The best car sales news just released last week. The price just retraced and cross Ichi cloud. Therefore, DRBHCOM has the potential to go up.Longby zhaffmy1
DRB-HICOM PRICE ACTION MOVEMENT FORECAST DAILYLong, recommended stop loss 1.945, and target to reach 2.235. Longby LawrenceWongWBS2
Uptrend1. Buy on support and sell on resistance 2. Can consider for long term , TP : 3.00by AtiqMustafa1
New uptrend in the making!On the brink of reversing the downtrend that started since mid 2019, and forming a base with a target as shown in ABCD chart pattern. With all major local automakers reporting highest sales in month of July in year 2020, this might just be the catalyst. Cheers..... Disclaimer: Not a recommendation to buy or sell. Trade at own risk. Longby cyruss830
DRB HICOM forecastwave 4 completed, time to go downhill..later will buy at count wave 5by LipatMarket3
DRB HICOM DRB HICOM , NAMPAK AKAN BERSINAR SEKIAN LAMA MENYEPI.. LAST CANDLE DAPAT MENUTUP GAP , MOMEMTUM KENAIKAN MAKIN MENGUATKAN UNTUK RIDE .. WATCH OUT JAGA CL JIKA MINGGU DEPAN BERJAYA MELEPASI 200MA .. AKAN TERUS BERTAHAN ... by Raziz114
Incentive for local vehicle purchaseGovernment's announcement today 100% tax incentive for local assembled cars coincide with the launch locally assembled X70 earlier of the year will definitely support its sales barring inactivity during mco, furthermore with the anticipated launch of X50 will support its sales volume for the year and thus its profitability. Immediate upside TP2.10 Longby cyruss837
<TradeVSA> Opportunity in DRB & DRB-C94 Strength in the chart: 1. Short term reversal 2. Pentagon triggered with volume 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 stockLong01:41by MartinTFWong6
DRBHCOM LONG after retraceDay chart strong bull momentum -a pullback needed before further upLongby JcLim4
3 Major Sign of Weakness in Inari and Why You Should KnowIdentify the background and intention of the Smart Money helps you as a VSA trader to plan your trading plan better. Follow the footprints of the Smart Money. Send us your preference stock to review based on TradeVSA chart by comment at below. 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 Education08:01by MartinTFWong2
Trading with the Smart Money – DRB-Hicom (1619.KL) The “smart money”, or the group of winning traders that include market makers, large institutions, hedge funds, and algorithms, rely on “dumb money” retail traders for their steady stream of profits. As a Volume Spread Analysis trader, we want to follow the smart money and profit together with them. We tend to look for hidden potential buying for entry and hidden potential selling to exit by identifying their footprints. In this post, we would like to share how you can identify these footprints using DRB-Hicom chart. Several signals are well spotted based on Volume Spread Analysis method as below: 1. A weak background with distribution on Feb 2018 and mark-down since March 2018 2. Formed a short re-distribution zone with upbars volume are lower compare to previous mark-up stage. This indicates demands are lesser. 3. Up-Thrust is spotted again on 20 August 2018 at previous distribution zone shows smart money is selling at the higher price. Educationby MartinTFWong3
Avoid Stock with Weak Background - DRB Hicom (1619.KL) Reason to Avoid: 1. Spotted Up-Thrust (UT) on 20 August 2018 with high volume 2. No Sign of Strengths appear after 20 August indicate no support from smart money 3. Price broke below support level at RM2.26 4. Changed in trend and turned to bearish red heatzoneby TradeVSA1
1619 DRB HICOM to test 15 years resistance level at RM2.851619 DRB HICOM to test 15 years resistance level at RM2.85. Longby Chocho983