SPRING triggered based on MRV1 on closing 15 Dec 23Buy signal triggered based on MRV1 setup at RM0.245; 20% target at RM0.295; stop loss at RM0.220; 2-3 months due to the signal based on the daily timeframe. **Only for discussion purposes. Not a buy / sell call. SLongby syafiziUpdated 0
SPRINGGG. BREAKOUT WITH HIGH VOLUME. MARKUP PHASE?Today breakout with high volume. Overall uptrend and gonna make HH. Will close the previous gap? TYOR! DYOR!! Disclaimer: Any reference to a specific trading strategy is only to assist in learning, and shall NEVER be relied upon when making future investment decisions. Risk Disclosure: ayamsumsum will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts, screeners and analysis. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.SLongby ayamsumsumPublished 0
SPRINGSpring just passed the spring! This counter in phase C of accumulation. If correct we'll see the bullish trend soon.Sby mohdmansorPublished 0
SPRING (Consumer) - ideas updateNote. PROs fact! - Few positive idea to indicates this stock. 1) All price movement is in green zone (EMA8, EMA21). 2) All price movement is above directional line (black, EMA100). 3) All price movement line is above Long EMA (red, EMA200). 4) Volume is above Volume MA (30 days) CONs! 1) Bursa Consumer Index is below EMA 200. But has a progressively increase by 20% in last swing. Predict# - Base on above analysis, I assume that in next session will be undergoing some correctional move. Since that, price breakout higher on date Feb, 8th which it will be another breakout at 52 week high. - Do suggest entry in between Resistance & Soft Support as in Eli-Wave plot (A) & (C). TP point should be at plot (C). SLongby GlemPublished 0
Bonus entitlement 10% Entitlement subject Bonus Issue Entitlement description SPRING ART HOLDINGS BERHAD ("SPRING ART HOLDINGS" OR THE "COMPANY") BONUS ISSUE OF 166,274,800 FREE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 EXISTING SPRING ART SHARES HELD AT 5.00 P.M. ON 23 FEBRUARY 2021 ("BONUS ISSUE OF WARRANTS") Shareholder's Approval Yes Ex-Date 22 Feb 2021 Entitlement date 23 Feb 2021 Entitlement time 5:00 PM Financial Year End 31 Dec 2021SLongby korakkarokPublished 0
#SPRINGThis counter have potential to keep on creating momentum based on current price that touching Upper BB and Indicators that showed buying signal. We can look for entry at price around 0.365 and based on the Dynamic Support Mid BB which is 0.350 - 0.345. I expect the price can move back to R1: 0.405 R2: 0.415 #Dislaimer: This is not a buy call, just for learning activitySLongby MrPrivateTechnicalPublished 1
SPRING_ Short termSPRING_ Short term Entry based on pullback/retracement/weakness Short term- to complete wave 3, currently in the correction mode. if the price able to sustain above FIBO 61.8 next target, fibo extension - 0.5 -0.618. Sby MyxMiRPublished 111
#SPRINGPrice currently creating AKB where it indicates the price will try to seek Top BB. Currently the price breakout Inside Bar Setup. Have potential to go till TP 1: 0.400 TP 2: 0.415SLongby MrPrivateTechnicalPublished 0
SPRING ART HOLDINGS BERHAD (20-DECEMBER-2020)The short-term trend has been on down-selling pressure since early December, nevertheless based on the green kumo cloud, the future trend still looks bullish. Despite the price violated below 20-day EMA, it managed to close at 38.2% FR and briefly above the 50-day EMA. A hammer Japanese candlestick indicates the price is rejecting to go lower and sends a signal of reversal pattern, coupled with the stochastic indicator is impending to crossover above the oversold area. EP: 0.365 (penetrating above 20-day EMA and previous candle) Next R/ TP: • 0.375 • 0.385 (38.2% FE and ATH) Support: • 0.335 • 0.325 (50-day EMA and 50% FR) Note: This trading idea is for educational purpose only and not to be construed as a buy call. The mantra of TAYOR and caveat emptor shall apply. SShortby Hassan_AbdullahPublished 0
Spring art, art of spring Furniture producer spring art, newly listed company since end of 2019. While newly listed means a new uncharted territory, Spring have so far shown a nice months of accumulation period between 175-255. There is a clear broadening triangle pattern depicting the accumulation process. Assuming 275 is the creek, i have made the PnF TP calculation PnF= 0.005x3x25 = 0.375 TP~~ 0.18 + 0.375 = 0.555 TP2~ 0.225+0.375 = 0.60 Ready for a markup phase, Spring has formed the Wave 1 EW. Wave 1 peak right at the resistance by Gann fan 1/1 and retrace at RBS line of the broadening triangle trend line. Do note that it has made a spring up till 0.5/0.618 Fibo retracement before resting at current 0.38fibo area. Using the informations we have made the Elliot wave projection up till potential TP. Given that this is uncharted territory with less historical data, it is good that it retrace and forming a strong significant support like it does now at Wave 2 EW before continue the remaining EW. All the lines in the chart is the immediate resistance/support areas. Volume profile wise, we cannot see a clear distribution in play yet. Plan this trade with tight loss given that below this support, the region 340-290 has a thin volume profile which mean, price will move fast in any direction within this region. SLongby tradebrewerPublished 0
Spring tracks Hevea closelyMYX:SPRING sees a new high and it tracks MYX:HEVEA closely. With bonus issue announcement, could see a new highSLongby willbehPublished 0
SPRING @ 04 11 2020 - potential to swing, uptrend - STUDY (US President Election Result today Trump vs Biden) who win?SLongby naiffusarPublished 0
<TradeVSA> Shakeout Completed in Spring ArtStrength Signal in the Chart: 1. Mark-up stage with Pullback - High volume upbar - No confirmation on UT bar 2. No Supply (NS) signal at Support - Less seller / Successful removal of seller 3. Re-accumulation with Shakeout - Shakeout support successfully tested 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 SLongby MartinTFWongPublished 5