ECONBHD- Bullish divergence
- Fresh reversal trend
- Volume increasing
- Target as per chart projection
ECONBHD trade ideas
ECONPILE MARK UPThis is an atypical Re-Accumulation Pattern Which falls under Schematic #2
This chart attracted my attention in view of:
1/ surging of buying demand (possibly from the Big Boys AKA Composite Man )
2/ A gap up (God Bar) on 13/3/24 accompanied with a huge Demand Vol.
-A very characteristic of JAC (Jump Across the creek)
Thus, in view of that, position initiated as attached
Pure Wyckoff
ECONBHD rebound from support1. Price retrace near support level and possible rebound above the level.
ECONBHD, protect the downsideHas to break the pink colour downtrend line.
Blue uptrend line as support.
Some weakness spot at LTF. Hence, always protect downside.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
ECONBHD 52 WEEKS BREAKOUT RETURN MOVEReturn move ECONBHD confirmed by CCI rebound from oversold zone move upward to reach overbought zone. Stochastic golden crossover just give another confirmation. Continuation chart pattern (Cup and Handle) also been detected while price try to move high. Buy for ECONBHD
ECONBHD COMPLETE BULLISH BUTTERFLY PATTERNFor Butterfly Pattern is extended to 1.27% for D point.
it shows reversal pattern at point D as EP and by using Fibo retracement (point C to D) as our target.
#EDUCATION MYX:ECONBHD
Trading Idea ECONBHD (8/6/2021) Trading Idea ECONBHD (16/5/2021)
- Breakout momentum
- Opportunity to take position at current price with ideal risk-reward.
Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own analysis before making any investment decision.
ECONBHD have potential to break down trendlinePrice closed above Daily Ichi cloud.
Price closed EMA200 with solid volume.
Shares heavy collected by EPF.
Therefore, ECONBHD have potential to break down trendline and go up.
ECONPILE crossoverMACD possibility start crossover uptrend
13 - 48% profit
believe it or not
30 days waiting
Econbhd - IDEASLong Term: Main Trendline Resistance breaks become support @ 485
Short Term Trade: Significant Volume on 10th March or T0. Wait T7++
Econpile Technical AnalysisBroke out of 0.425-0.460 rectangle channel.
Volume increased during broke out.
Recent closed above EMA 200.
S1: 0.5 (Width of rectangle a.k.a resistance became support)
S2: 0.46
R1: 0.545 (12/3 Broke through 0.545, but closed below 0.545)
R2: 0.59
R3: 0.62
R4: 0.655
Econbhd Beginning of Bull ???MYX:ECONBHD
Uptrend
Slow Turtle Buy
FiFT +ve bull recharge
Atom Buy
Banker starting building position
Retail decreasing.
Can enter partial for parking first.
SL below 0.42
ECONBHD- [Entry Ideas]- 20201221ECONBHD- Construction Sector
Ideas / Study
Has completed Wave 1- & currently to complete corrective wave.
a) wait for entry- rebound FIBO 50% / 61.8% @ safe entry - break DTL (Blue line ) & retest support.
b) Potential upside/ TP 1( RM 0.59, TP2- RM0.69 & TP3 Kayangan RM0.865
c) SL - below RM0. 40
ECONBHD - time to test the resistance at 0.51time to test the resistance at 0.51 and i believe it will rebound and back to 0.618 level and above
for my own record
not a sell/buy call
ECONBHD 01122020SL if 0.44 fail to hold.
overall rebounding strength still there
resistance 0.50 , 0.525 , 0.55
Econbhd reversal likely to be confirmedTechnical rebound from historical low at 0.3 and if it can sustain, more upside can be seen..
