EFORCE - Cup & Handle Pattern (Cont)EFORCE close naik 4% hari ni, menaik dengan cantik mengikut Bollinger Band upper line. Setakat petunjuk2 yang digunakan, kelihatan adanya kemungkinan EFORCE akan naik ke next resistance.
Next resistance = RM0.42
Pros:
1) Bollinger band = masih follow upper line dan berjaya close dalam green candle.
2) MA20 = candlesticks berada di atas line ni.
3) Parabolic SAR = positif.
4) MACD = menunjukkan adanya momentum pembelian.
5) Pergerakan harga = buying momentum pada 30 mins terakhir sebelum closing.
Cons=
1) RSI dan Stochastic = almost oversold. So ada possibility akan ada retracement (statement still sama macam pagi tadi)
(Ini bukan buy call. Trade at ur own risk)
EFORCE trade ideas
EFORCE - Cup & Handle PatternEFORCE sudah breakout dari pattern "handle" dan menuju cantik ke atas mengikut pergerakan garis atas Bollinger Band. Pergerakan EFORCE kelihatan seragam dengan pergerakan MYEG pada beberapa hari ini (mungkin disebabkan kedua2nya co TS Wong). Kita tengok samada dia boleh memecah next resistance atau tak.
Next resistance = RM0.42 (upside profit kalu sampai price ni = 5%).
Pros:
1) Bollinger band = follow upper line. Good sign.
2) MA20 = candlesticks berada di atas line ni.
3) Parabolic SAR = positif
Cons=
1) RSI dan Stochastic = almost oversold. So ada possibility akan ada retracement.
(Ini bukan buy call. Trade at ur own risk)
EXCEL FORCE, will it become EXCELLENT FORCE?Known as EFORCE.
I saw that the price breakout from triangle chart pattern.
Since it break upper level of chart pattern, then there is high probability for the price become higher in the short term.
In order to go bullish in long term, the recent bearish window (gap down) must be close first. IF not, there is probability that the price remain at sideway
Wish your warm feedback ;)
Thank you.
EFORCE : Box TradingEFORCE telah jatuh hampir 80% dari paras tertinggi sebelum beberapa kali limit down.
Yang menariknya, kewujudan 'box trading' didalam carta. EFORCE juga menunjukkan short term bullish pattern.
Idea 1:
Buy: above 0.765
Cutloss: dibawah 0.74
idea 2:
Buy: 0.72-0.765
Cutloss: dibawah 0.72