SUPERLN trade ideas
Superln - Penyejuk Hati- ada aurat yg perlu ditutup dgn Body to Body
- Sniper SS kita tgk esk cross cun xcun...klu cun bleh ride smpi tutup gap kurg2.
- target first mgknmencari mid BB di 945/950 dlu sblm menaik dgn lbih cantik
- Bo 900 target 925/950/975/1010/1050
#sekadarkajian#mgknbetulmgknsalah#adududuud
Chart Study 22 September 2020SUPERLN 22 September 2020
- MA20 above MA40 shows an uptrend chart
- First green HA candle appear together with green volume
- Parabolic SAR appear from bottom shows an uptrend chart
- Gap between MA20 and MA40 are big enough shows strong support at MA20
SUPERLON for SUPERLONGAnother favourite pattern of mine when i see a symmetrical triangle. It is a pattern which indicates the breakout of price which is possible to go to the arrow price.
Well, at least never forget to take profit first even for 2-3bids.
Trade at your own risk. All the best traders !
Ready to take off?Superln is one of the rare company which showed +ve NPM for all quarters since 2015; strong fin. health and fat asset (NCAV, NNWC); and yet considered undervalued (PB<1), unlike supermx.
The TP and whether-or-not it can rise back to its peak (~RM3 @Aug'17) are still questionable because its segment was not in trending (i.e., gloves, med, ICT) atm.
Looking at the technical trends, Superln seems like charging up (fuel = increasing OBV ) and ready to take off to next lvl.
If its true (and for those who considering long term), lets give it another 2.5 yrs (radius) time to see if it can be a huge cup-and-handle (1st peak at Sept'17, bottom at ~March'20, 2nd peak approx. Aug'22)**.
**Note: It may be true if the % Net Profit Margin remain consistent. (if the performances revamped, we can expect to see the peak earlier; otherwise, it may not realized). Keep an eye on the Q report and we shall see.
Cup and handle formation completion to reach peak of RM0.870The pattern in sight is C&H which is almost to completion.
Once completed, it will reach a new high of RM0.870.
Current Price: RM0.720
Support Price: RM0.640
Target Price: RM0.870
SUPERLN - Bullish Candle Pierced Through Middle BBSUPERLN
Trend: Bearish/ Tech rebound
Rst: 0.945
Spp: Middle BB/ 0.78
Bullish candle pierced through middle BB with stronger volume plus MACD bullish crossover may induce further technical rebound, but upside can at level close to MA200. Safe entry near middle BB, good for SMTM trade only.
<TradeVSA> Trading with VSA Signal + QR Report Announcement1. VSA setup
2. QR Date
3. EPS Screener
4. 2 weeks - 4 weeks
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> Superlon lowering down the risk further?Strength in the chart:
1. Pentagon with high volume line change
2. Further pullback
3. Waiting for NS or Spring bar
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> Reversal with Strength in SuperlonStrength in the chart:
1. Green Pentagon with high volume
2. Pullback after line change
3. Break above Up-Thrust
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
SUPERLON Trending Up?1. All MAs are trending upward, with share price is above all MAs
2. MACD : Higher high, higher low
3. DI+>ADX>DI- (with ADX > 20)
4. RSI > 50
5. Volume picking up
