GLOTEC trade ideas
An Uptrend Pattern!The candlestick indicates an uptrend pattern where the body candlestick closed above MA20 with support from significant price movement.
The RSI crosses up 50 hence indicating a good signal where strong uptrend momentum.
MACD and OBV indicate a positive uptrend momentum.
Let's save GLOTEC in WL and watch out for significant price movement with volume.
R 0.555
S 0.500
GLOTEC IN HARMONIC PATTERNGLOTEC's recent chart resembles that of Gartley bullish harmonic pattern where above Point D is the Potential Reversal Zone (PRZ). In addition, current price has also been fetched by EMA20 and EMA200. To enter trade, the probable EP is 0.560 to retest a 4htf pivot point and the probable TP is Point C, that is 0.725. The proposed CL would be 0.520 which is below Point D.
GLOTEC - Possible Glowing and GrowingTrading Strategy:
1) Target to enter at entry zone or straight entry
2) Ride to specified TP
From chart:
1) Higher high formed
2) Price action observed at BO zone
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
Globaltec FUNDAMENTAL
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1. Quarter & Annually report positif
2. Net Profit tertinggi dalam sejarah (Q1 2021)
3. Free Float share semakin slow
TEKNIKAL
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1. Daily, Weekly, Monthly Technical - Strong Buy (recommendation by investing.com)
2. Ada indi bar merah yang banyak mengumpul
3. Standby Break Out