GREATEC UNDER VCP DEVELOPMENTGREATEC under VCP development:
1st Contraction: ~24% (completed)
2nd Contraction: ~21% (completed)
3rd Contraction: Yet to happen
4th Contraction: Yet to happen
Black line path is technical prediction based on VCP.
A company with good fundamental and prospect. Definitely will under my closely monitoring watchlist.
GREATEC trade ideas
GREATECH VCP SETUP?GREATECH seem to have VCP development with below contraction:
C1: ~25%
C2: ~6%
C3: ~6%
With recent QR, profit new high with 49% profit margin. Company prospect looks good as well on the EV battery which are future trend to go green energy.
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.
GREATEC Consolidation Pre-BreakoutNO INVESTMENT ADVICE IS PROVIDED
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Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
GREATEC - in pullback, but long term upside potential (39%)Possibly still completing formation of HL, before continue its bull. Currently within collection area (32.8%-61.8%). Watch for rebound.
Invalidated if price to close below previous HL (5.35)
Resistance lines were drawn using Fibo 1.272 across multiple H and HH waves.
# For education purpose only
TAYOR
Possible 5th/Final WaveI still figuring EW, but this is the gist of it, saje add EW to chart so tak naked chart fully. :3
Greatec possible wave 5/final wave. If box breakout, would add more conviction towards it.
Points
1) Transfer from Ace Market to Main Market in end Dec
2) Tech play sentiment
3) Bonus issue ex date beginning January
4) FA ofcoz mantap + growing company
This is just an idea. TAYOR !