Krono : Watch Closely this triangleKrono short term projection will depend largely on this triangle. Monitor closely.
KRONO trade ideas
KRONO - Bullish Engulfing Candle Carries Upside ToneKRONO
Trend: Bullish
Rst: 0.765
Spp: 0.73
Positive move today, bullish engulfing candle with rising indicators indicates there's likelihood to advance further. Current block is at upper BB/ level close to 0.765
KRONO - Reverse Head & ShoulderKRONO
Rst: 0.765/ 0.785
Spp: 0.73
Reverse head & shoulder formation with improving signals from MACD & RSI, there's chance for the stock to breakout from immediate resistance at 0.765.
Trading Idea: KRONO 2 Dec 2019Krono potential rebound. Candle buy today break candle sell friday and also reject trendline. Price will be going to upper trendline or resistant area at price 0.750.
Disclaimer: this post just education purposed and a case study not buying and selling. All buy and sell transaction is in your hands/decision. Please go to your dealer representative/remisier for further advice.
KRONO, Potential Reload Point?KRONO posted latest quarter results on the 30th Oct 2019, triggering a spike in share price. After failing to break through 0.805, price fell and almost undone all the gains since releasing results. However, the correction could be an opportunity for buying at support instead of the usual breakout signal.
Bias: Short term bearish, yet moving averages (MA) in bullish formation. Potential entry around 2nd MA.
Stop-loss: 0.665 // If violated, higher chance of further consolidation and could test 3rd MA as support.
1st target: 0.805 // Previous high as resistance. May have further bullish potential if resistance if broken. #breakout
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KRONO SIDEWAY(NO BREAKOUT YET)1. VOLUME IS INCREASING
2. WAIT FOR PRICE TO BREAK RESISTANCE LINE
3. MA CROSS, GOOD SIGNAL OF BULLISH(CHANGE TREND FROM SIDEWAY TO BULL)
4. MONITOR CLOSELY
KRONO - Upside Momentum Remains Amid of Stronger IndicatorsKRONO - Bullish breakout from 0.64 after morning star formation emerged on Friday, but the stock hit immediate resistance at 0.67 this morning, so what's next? Given current momentum, rising RSI & Stochastic suggest way towards north is still possible as long it can sustain above 0.64. Next challenge at 0.685
KRONO TRADING IDEASI guess there are 2 butterfly pattern seen in this chart,i m thinking it has short term bearish
Kronologi AsiaKrono
Technical wise Kronologi is now pulling back with low volume with immediate support at 0.605 and mid term wise looking to long with immediate resistance at 0.645 a d 0.665. Breaking out of this could possibly see a new high.
Funds/institutions holding price is around 0.633 besides the foreign fund holding at 0.555.
One more extra thing to take note is that Krono has issued equity securities of 90,467,784 shares to buy over Sandz Solutions (S) Pte Ltd at the price of 0.5665 per share. We can assume this as baseline support for Krono mid-term price as to complete the acquisition Krono's share price shall not breach the price stated.
KRONOLOGI (0176); Low Risk with high upside- Based on Wyckoff Market Analysis; currently in phase C where Spring emerged
- Accumulation for almost 1 year now
- Good entry timing
<TradeVSA> Kronologi Re-Checking the Supply Strength in the chart:
1. Testing the support with strength
2. Low volume and narrow spread bar
Send us your preference stock to review based on TradeVSA chart by comment at below.
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
KRONO berpotensi Naik 8%Risk reward ratio 1.67
Support bertahan pada harga 0.595
Volume berkurangan ketika harga saham jatuh adalah petanda yang saham ni kejatuhanya adalah bersifat sementara.
TP kita letak paras resistance sebelum ini.
Kaunter yang sedang re boundKRONO ASIA.
Harga mula bertukar arah,
Macd juga Positif dan Stoch di bawah 80.
Ini kita panggil "confluence"
Peluang untuk berjaya adalah lebih cerah bila ada Confluence.
Stop Loss @ 0.59
Is the Accumulation ready to turn to Mark-Up?A good question from member regarding Kronologi using Volume Spread Analysis. Overall Krono still moving in sideways market.
Looks for shakeout signal to trade.
Send us your preference stock to review based on TradeVSA chart by comment at below.
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
KRONO - Gaining strength, back on track. Following the review I wrote on Krono (Nov 2), the V bottom pattern and the good earnings of the company gave me a reason to believe that the price should be gaining on with some momentum. The technical indicators are showing MACD bullish crossover and RSI breaking the 50% mark.
Link (Nov 2) -
On the Nov 2 post, the price of support given was 0.605, while the resistance levels are 0.66 and 0.72-0.725.
The following day, price dropped a little to 0.63-0.635 , giving a safe risk ratio for an entry with the risk of 2.5-3 cents.
Today, Nov 8, Krono reached a high of 0.71, therefore recorded a gain of 12% within 3 trading days.
From this point, based on technical analysis of Krono, there are a few points to take note;
1. Current Key Fibonacci Resistance Level = 0.71 - 0.72, if the price would break and stay above this level, the next target will be 0.765 and 0.80 - 0.82
subsequently.
2. The price hasn't break the downtrend line (refer to chart), therefore there is a chance that the price might end up in a sideway swing.
3. However, since the candlesticks have turned away from yellow which indicated that the price has the potential to further uptrend.
4. Current support stands at 0.66 - 0.67 and the last support is 0.605.
This sharing has been designed for informational and educational purposes only and does not constitute opinion of whether to buy or sell any security which may be referenced upon this sharing. The services and information provided through this site are for personal, non-commercial, educational use and display. There are substantial risks in stock trading and therefore all investors are advised to conduct their own independent research or seek professional investment advice into individual stocks before making a purchase decision. Cheers
KRONOLOGI ASIA BHD 0176 is at KEY RESISTANCEAs for now so long 0.70 and 0.77 still holding the price from going up i'm with BEAR... Be patient and wait for lower price to get in...
Trade safe...
KRONO - Strong comeback - 0.605 big supportGreetings to all.
Here is a technical review on KRONO.
1. V-bottom pattern was spotted after the company released good earnings in recent QR announcement.
2. Based on the Fibonacci key levels, 0.605 is the important support, while the resistance levels are 0.66 and 0.72-0.725.
3. MACD bullish crossover spotted and RSI broke the 50% resistance.
4. As of this morning session, the price surged from 0.62 to hit a high of 0.66 (+6.24%).
5. Watch if the resistance 0.66 is broken the next target will be 0.72-0.725.
This sharing has been designed for informational and educational purposes only and does not constitute opinion of whether to buy or sell any security which may be referenced upon this sharing. The services and information provided through this site are for personal, non-commercial, educational use and display. There are substantial risks in stock trading and therefore all investors are advised to conduct their own independent research or seek professional investment advice into individual stocks before making a purchase decision. Cheers
SHORT/MEDIUM TERM TRADE - KRONO - BREAKOUT TRIANGLE PATTERNKRONO is a profitable company, breakout the triangle consolidation pattern with strong volume.
Price might break R1 and attempt R2 (previous high). Take profits regularly to avoid dissapointment.
Cut losses short if price went below S1.
