NIHSIN trade ideas
Re-entry BreakoutNIHSIN has recently recovered a pullback, broken through a valid downtrend line. The share could potentially reach ATH at 0.375 or perhaps, higher at 0.395. Exit below support.
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
NIHSIN (11/01/2021)Trading Idea NIHSIN (11/01/2021)
Entry: 0.24
Target: 0.29
Stop Loss: < 0.19
Disclaimer: This idea is intended only for the use of informational purposes and the price movement is highly subjected to the stock market sentiment. Therefore, please do your own analysis before making any investment decision.
My Fav Counter, NIHSIN. Been following this counter for quite sometime. I am a swing trader. Hence I will keep any stock that have this kind of trend line. And ride the trend.
As a newbie, I love experimenting a few methods. For this:
RSI oversold, touching the bottom of the trend line, volume slowly building up.
From what I learnt, it supposed to move uptrend. But depends on the volume.
Will see what's going to happen this week.
If it move downwards, consider a fail trade and it will stay in a period of accumulation.
However, from my observation, it is strongly supported at 0.24.
Not a buy call. tayor.
NISHSIN Target LongTA
Price already break TL and nearest LH . Currently price making CP or falling wedge pattern at demand area. Wait for reversal candle or bullish structure form before enter market.
FA (personally i do not really like the FA for this counter based on below criteria )
P/E : -6.19 (i prefer 0 - 10 compare -ve)
DY : N/A
QR : -5.9M
AR : -5.9M
<TradeVSA> Caely & Nihsin Heading to ResistanceStrength signal in the chart:
1. Cluster of closes in hourly chart
2. Green pentagon
3. Upbar high volume
Hit the "LIKE" button to support us :)
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
<TradeVSA> Nihsin to complete Pullback Soon?Strength Signal in the chart:
1. Green pentagon in hourly chart
2. Closing above UT bar
Hit the "LIKE" button to support us :)
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
<TradeVSA> Pullback in Ni Hsin?Strength in the chart:
1. Close with accumulation and shakeout
2. Line Change with increasing volume
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
<TradeVSA> Stock Review & Update - 4 October 20191. Leong Hup
2. Inari
3. Globetronics
4. Superlon
5. OCK
6. Pos
7. Xin Hwa
8. Elsoft
9. Salutica
10. Revenue
11. Pentamaster
12. PRG
13. Bumi Armada
14. MMS Venture
15. Cahya Mata
16. FoundPac
17. CAB
18. Ni Hsin
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
<TradeVSA> NI Hsin at Support with Re-accumulationStrength in the chart:
1. Shakeout at support
2. Re-accumulation stage
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