GCAP trade ideas
GCAP VCP DEVELOPMENTGCAP VCP developed for 63 days with 4 contraction below:
C1: ~41%
C2: ~20%
C3: ~14%
C4: ~4%
Volume seem to be very dry since mid of December. Will it attack soon?
Immediate support at 0.840 with only 5% risk.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
GCAP: Ready to go up?GCAP manage to closed with a bull candle today with a consistent sign of an uptrend. From the chart, we can also see a very nice normal bullish divergent. I'm expecting Gcap to fly higher and higher in the next day forward to test the next resistant level for the 2nd time.
TAYOR!
Trend AnalysisIn the analysis of Fibonacci landscape, the most important level to monitor actually is the 50% line and yet it is the most overlooked one. Just like any sport game, the middle of the playing field normally is the first line of defense and an indication that which side is controlling the game. If it is trading above the middle line we could technically view it as bullish and below as bearish .
Bullish BreakoutGCAP has broke ATH in 2003 after meeting Fibonacci target level 2.618 at 1.295. The share was then enormously dipped to key support at 0.52 and bounce off this level. In our view, the trend is still Bullish. The price has recently broke above a range bound between 0.55 to 0.75. The share is likely to rise further to 1.185 for short term target. A close below 0.52 would change our view to bearish.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GCAP - Stocks with positive momentum!Some info!
- G Capital Bhd – up seven sen to 77 sen
Notably suggestion!
- Looking forward same patent (A) & (B)
- 2's suggest breakout (purple)
- 5's pts suggest for TP, SL, Buy areas! (red indicator)
- similar patent repeat (box P11 ~ P113)
- suggest repeat downtrend (purple c11~c12)
EASY123 Prediction @MYX GCAPPrediction: BOX/Sideway Breakout > 0.75 (Rally when it breaks 0.81)
Target Price: R1=0.85-0.88, R2=0.98-1. 01 , R3=1.11-1.22
Support/Cut Loss: S1=0.705, S2=0.66
*Trend direction: BOX Breakout - Rally when breaks immediate R0.81
*Yellow-Diamond( BT ) have appeared on 11-Sep, 14-Oct & 03-Nov formed Higher-Low and Double-bottom.
*Price breaks, stand above & supported by our Lifeline (Redline), an indication of an uptrend.
*Candle has turned from Red to Blue color on 16-Oct & 09-Nov, an indication of Uptrend.
*Power volume (Red volume ) appeared on 16-Oct & 26-Nov, an indication of the presence of big players.
*Disclaimer: This is not a Buy or Sell suggestion but solely sharing the information...Trade at your own risk.
*Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it.
*If you have any queries on the signal template, feel free to drop us a message.
Signal's Interpretation:
BUY Signal:-
*BT-Yellow-Diamond = Bottom reversal signal.
*Green-Upward-Triangle = Potentially a Bottom signal.
*Blue-Candle = Market at Uptrend sentiment.
*Candle color changed from RED to BLUE & Candle stand above the lifeline (Redline).
SELL Signal:-
*Red-Dot = Potentially a Top signal.
*Yellow-Dot = Potentially a Top signal.
*Red-Candle = Market at Downtrend sentiment.
*Candle color changed from BLUE to RED.
