QES trade ideas
QES - Monitor for breakout to reach 52 week highQES breakout and currently at an 52 week high.
Formed a rounding bottom foundation. Monitor retracement after break ATH .
Green Candle = Breakout Candle
Red cross = possible entry point
Orange dotted line = 52 week high
QES - All time highQES breakout and currently at an all time high.
Formed a rounding bottom foundation. Monitor retracement after break ATH.
Green Candle = Breakout Candle
QES: Short-term Bearish may occurMYX:QES
Bearish chart pattern (Rising Wedge & Top Head N Shoulder) seen at daily chart.
Ride the trend at your own risk & sell at your own decision
#SAYOR
QES - Pre Consolidation BreakoutNO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
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.
QES Disclaimer : This is for training only. Not recommendation to buy.
Bullish divergance when price are increasing, but volume and RSI showing decreasing.
Maybe the head and shoulder pattern is performing.
Re-entry - Shorter ExitQES has reacted at Fibonacci 2.618 on lower timeframe with a massive pullback, however remains Bullish as long as support level at S1 is still intact. Movement below 0.54 will violate the up trendline and Support level at S1 hence the price could drop lower to the next support levels.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Handle is forming nowHandle is forming now, by seeing double Top doji two days before, so today the candle chosen to be red, indicating the starting of forming handle.
By monitoring the possible support, 0.605-0.615 probably is dip of the handle. Next, monitor the volumes from 1-3 days when candle with low volumes at support area. That is crucial which it will determine the next direction, if it is tend to form handle, it will surge up, or else, it will go further down to next Support.
I wouldn't guess how long it will form the handle, but by monitoring volumes and candles will provide a very good signal for coming trading days.
By the way, the quarter report will be released on late May, so for the current situation is just solely technical play.
TAVA Breakout Strategy Breakout strategy will appear after swing entry
Must ensure all EMAs meet requirement in swing entry, diff line above zero line.
Disclaimer:
You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk.
QES TECHNICAL VIEWFirst TP 0.66 has been reached after broke out cup-and-handle and rectangle channel.
Foresee next TP would be around 0.85.
Immediate S: 0.66, Blue up-trend-line
R: 0.735, 0.700
<TradeVSA> No Sign of Weakness yet in QESSign of Strength in the chart:
1. Re-accumulation with Effort Bars
2. Green Pentagon high volume
3. Pullback with price moving with trendlines
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
QES Continuous Rounding Bottom BOShort term traders can continue to ride on its continuous upward momentum movement on next trading day as confirmed by FIFT and ExpertSignal indicators. Banker chips at near 80%. Perfect rounding bottom breakout will happen soon if it manages to stay above 590 for coming weeks.
Support at 545 and another candle is needed to see if 590 will be new resistance turn support. New ATH beyond 665 is possible. Another Sen to Ringgit Champ candidate in my portfolio.
Disclaimer: Trade at your own risk.
QES TECHNICAL VIEWBroke descending triangle upper line on 23th March.
Then went into rectangle channel which broke out/closed above 0.55 and as at 16th April it closed above 0.575 huge resistance line.
Next resistance foresee at 0.66 which is around all-time-high.
R1: 0.62
R2: 0.66
S1: 0.575
S2: 0.545
Cheapest Semiconductor counter: QES FAKEOUT or BREAKOUT ?
QES has been trading above its upward sloping 20 days MA which is a good sign. Just broke the resistance 0.56 reinforcing the bullishness in the price movement. Ideally one would like to see an increase in traded volume to demonstrate the enthusiasm of the traders to push the price past the technical resistance level. However, there was a decrease in traded volume in this breakout. Hence, it is important to monitor the immediate price volume action to ascertain the validity of this breakout.
QES on wave 3 of 5 (4hr TF)We will see QES to breakout from base tunnel for confirmtion of wave 3. LONG!
Instant Cup?From weekly chart, a very small cup is forming, volume for this week also seen higher than last week's. Forming the cup edge need to be around 0.590 to form the handle.
From daily chart, curve not really significant seen, but it has broke through Flat bottom last month. Theoretically, correction is done. So, let see how far it can go.
Continuation Triangle BreakoutWe are optimist for further movement to the upside towards 0.930. Support is seen a 0.51 and 0.49.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
