OFI SWING TRADE SETUP1. High volume break out 29 April 2024
2. Price pull back with low volume to previous resistance and 20 MA
Wait for price to break above downtrend line with increase volume
OFI trade ideas
OFI, OS right nowSome traders love OS counters. On contradictions, I'm look into OB.
Currently OFI is at OS area.
>> Price was rejected on 19/12 when it at FVG area.
>> 159 as next support, can it hold?
Every time one person buy, another sell, both think they are astute.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
VCP 6 : OFIA lower timeframe entry confirmation is required to consider an early entry. Stoploss below weekly support.
OFIThis stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price.
This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum.
The share price may move up or down from this point. Note also that momentum generally only persists for a short period of time.
However, this stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.
OFI kini sedang membentuk wave 3OFI kini sedang berada pada wave ke 3. Price mungkin boleh cecah ke RM1.6 atau 1.618 fibo
OFI bias upsidePrice just break Daily ichi cloud.
Volume already in pass weeks.
Price to test EMA200.
OFI - Waiting to Breakout Ascending Triangle
OFI have been testing Resistance at 0.900.
Entry should be made when it's breakout with volume.
Expected target price within RM1.00 to RM1.03 range
Cut loss should have been made if it false breakout
MYX:OFI
Signal Menggunkan BB upper lineTeknik breakout menggunakan BB upper band dan di tambah dengan MACD dan Stochastic
