TradeVSA Market Update & Stock Review - 01 May 2019 (Part 2)1. Protasco
2. Lion
3. Masteel
4. Ann Joo
5. Southern Steel
6. Datasonic
7. Lafarge
8. MY E.G.
9. Ho Hup
10. FoundPac
11. Tomypak
12. Boilermech
13. Bumi Armada
14. United U-Li
15. Signature
16. KNM
17. CCK
18. CAB Cakaran
19. Globetronics
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
GTRONIC trade ideas
<TradeVSA> Smart Money accumulating GTronicStrength in the chart:
1. Sell-Off and Spring with high volume
2. Forming accumulation stage with shakeout
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
7022 GLOBETRONICS TECHNOLOGY - BUYAs we can see on daily chart, we can clear bullish bias when candle closed above 50 EMA. Head n Shoulder pattern also appeared at support. This is strong indicates that the downtrend is near end. We must wait for the retracement until price action confirmation such as bullish engulfing or pin bar in the support zone and around 61.8% level of fibonacci. Next TP at next resistance and SL will be below right shoulder. Risk-Reward Ratio for this trade is 1:3. The trade will be invalid IF price just break the support OR the price push to the upside without retracement.