Ecoworld breakoutBreakout with volume and strong uptrend pattern, lets observe if it can continue upwards or retrace back to resistance become support
ECOWLD trade ideas
An Uptrend Pattern!An Uptrend Pattern from continuous price momentum with high volume confirmed the price. The price doesn't breakout (BO) from Bollinger Band (BB) and is within the upper limit top BB.
My suggestion, using the VWAP indicator to buy ECOWLD stock where places your bet below 1 or 2 bits below the VWAP indicator.
R 0.820
S 0.780
ECOWLDEntry Point support 0.68
Profit Target min 0.79
Stop Loss 0.702
#JerungDetector #DeepagiScreener #TAYOR
Potential UptrendFor Study. Potential Uptrend If breakout the Symmetrical triangle trendline. FIBO - 0.382
Ecoworld - VCP BO forecastAlvis 4.0 and VCP pattern
Looking forward for the BO on 0.700
Whole VCP period are approximately 2 years. Together with the latest swing is less than 5%.
Risk is more important than Return....
ECOWLD - following ANNUM???MYX: ECOWLD breakout the TC resistance level on June 26, 2021. With the recent MACD crossing above the zero level, and the stochastic value above the 60 level, ECOWLD is expected to spike early Monday morning.
ECOWLD - Bullish BreakoutECOWLD
Rst: 0.785
Spp: 0.695
Bullish breakout from Fibo Ext 100%, supported by reversing RSI and MACD, these positive metrics shall facilitate the stock to challenge its peak on early April again in near term and then Fibo Ext 161.8% area.
ECOWLD with TREND CONTINUATION STRATEGYIt looks like ECOWLD often makes a pullback in the retracement area of
38.2, 50.0 & 61.8 before the trend continues. Will the next trend continue based on past history?
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
Positive Momentum building upPrice action breaking up high with increasing volume.
Targeting +10% profit from current 0.675
Risk Reward ratio: 2++
Cut loss : -5% (RM0.64)
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
Now lets forget the passwordAs the trendline still an uptrend and didn't break the support I'll keep this and will see on APR 2022
ECOWLD - On its OWN worldEntry Strategy:
1) Entry at purple line 0.465 and ride until specified TP
2) Entry inside the zone 0.435-0.445 and ride until specified TP
Chart:
1) Chart forming higher high
2) EMA ribbon compression (refer red circle)
3) Channeling uptrend
4) Near complete retraced until same level of significant bull candle
News:
Buyout cancel. Ecoworld on its own
I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money.
-Heil_Z-
# Are-snuff Traders Club
# Bilis Traders Group
Left Shoulder for trend continuation?Supply is currently compressed, might see a fake break on the multiple support line, towards the left shoulder level.
Trend is overall bullish judging by the amount and size of bull candles.
fib 161.8 matched for extra confluence.
*DYOR on fundamentals.
MYX:ECOWLD
ECOWLD AnalysisDisclaimer: This is not a buy call but for learning purpose
Technical Analysis
Price around MA50
Volume OK
Potential rebound at MA line & trendline
RSI slightly around 50
Ecoworld, accumulation to Mark up phase. Patience is the keywe knew that March is the market bottom.
anything near the market bottom, will be a low risk investment / trade.
looking at the risk and reward ratio, risking 25% down and rewarding 95% is a good ratio.
a good stock to invest early. not to trade.
Market Cycle ( Dow's Theory apply , from accumulation to mark up phase )
