KRETAM trade ideas
KRETAM REVERSES VOLATILYCan try KRETAM in long position as it is spotted: (a) reversing its downward volatility from 52-week low; (b) reversing up as per EW ABC corrective zone and (c) if seen in weekly chart, it is reversing up from fibo618.
KRETAM - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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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.
Kretam continue on it uptrend with positive buyingKretam very strong buying broke out previous resistant.
Price action and volume , showing buyers' power increase.
And it bounce up from bottom of uptrend tunnel.
Risk reward ratio = 2
TP = +12% or more
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
KRETAM - Waiting for breakoutSector: Plantation
Almost similar setup with JTIASA
Wait for breakout for Slow Turtle Buy on Breakout 0.54 - 0.56
SL below 0.5
FiFT +ve
ATOM Buy (High volatility)
Others Plantation trade plan. (Bullish, Uptrend, FiFT +ve)
FGV - TP 1.53. Continue to hold. -
RSawit (Penny) Ranging. Wait for breakout -
TDM (Penny) Ranging. Wait for breakout -
TSH - Flag. Look for trendline breakout or BoB 1.19. SL 0.99 -
CEPAT - Completing rounding bottom -
KRETAM JALAN LURUS ATAU SENGET ?Berdasarkan analisa dan limit pengetahuan, kretam menjalankan langkah didalam Rising Wedge dimana kalau mengikut rules naked chart ataupun elliot wave sekalipun, akan mengatakan bahawa price akan melakukan reversal kebawah.
Saya menggunakan harmonic pattern untuk menentukan EP & juga TP. Berdasarkan rules2 didalam harmonic, price boleh jatuh sehingga line biru(EP) sebelum membuat reversal semula keatas sebagai TP(Line hijau).
Walaubagaimanapun ini hanyalah study of probability, line merah dibawah EP tu saya jadikan sebagai decision untuk CUT LOSS sebelum membuat decision untuk masuk semula jikalau harga hit kat CL.
Tayor....
Kretam, dont move to wrong boxThis ketam please dont move back to old box. 0.495 is the support line. Overall this ketam still heathy.
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Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
KRETAM - Potential Buy on Breakout (BOB) - 17 August 2020Technically, Price just crossed up MA20 and breaks from the consolidation box in daily time frame.
In my opinion, KRETAM will breaks the descending upper trendline and reach RM0.50 ( psychological level ) for the third time.
If buying interest is higher than the selling pressure (successful breakout), the stock has potential to reach RM0.56.
The best entry price for BOB is RM0.49 and the price MUST maintain above the decending upper trendline or else it is a false breakout.
For swing traders, the best entry is last week when the price was consolidated between RM0.455 until RM0.475.
The next best entry is between RM0.480 until 0.490 with cutloss price when the price move back into the consolidation box (RM0.475 and below)
Kretam, move like ketamSide trend like ketam. Need to break the box first.
CPO theme and QR result.
If you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
KRETAM: UPTREND WILL CONTINUE?Kretam is still on uptrend pattern. From the chart, we can see after retraced on Fibo, it shows a signed that it will go up further after this. Based on the technical indicator, I think this counter will go higher soon in the midterm. I think it should test resistance level R1 @ 0.555 first before it can go higher.
Resistant: 0.555
Support: 0.420
