SUNWAY GOING FOR MARK UPSunway, very nice Re-Accumulation pattern
Shcematic #2 , The Rising Bottom
I have been actively collecting the stocks since 13/9/2024
I sold my position on 28/10/24 (Red Arrow)
And re-initiated my position today (Position as attached, Blue Arrow)
What attracted me with Sunway, is that, The price Contracting from the left side (Phase A) ->
towards the right side ( Phase D , probably)
-With vol evaporating
Very tight SL, risk priority
PureWyckoff
SUNWAY trade ideas
SUNWAY, catch the falling knife?Some people will catch the falling knife, some will buy red and continue to average down.
But that's not my trading style.
Everybody live sales and cheaper price. But, cheaper can be cheaperer.
Use our capitals wisely. Look for the proper signal for entry.
Currently SUNWAY:
>> Broken most of the EMA lines.
>> Below Hull MA.
>> The last Candlestick is too ugly.
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.
Sunway construction#SUNWAY breakout from descending triangle from the support zone.
Pecah resistance becoming support line balik.
Lepas double top price pull back to the retracement RM1.46. Now testing for third time of the multiple top.
Candlestik valuation : Strong.
Time to test RM1.62.
If break that resistance fly. Uptrend counter
Stock Trade Ideas - 25 Feb 20191. JHM
2. IJM Corporation
3. CCM Duopharma
4. Sunway
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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