TALIWRK trade ideas
TALIWRK, FBO?Although able to break Parallel Channel for the moment, but it pullback inside the channel again.
>> Hit FVG area and seem pullback.
>> Stochastic is Ob, will be less energy and down?
>> RSI still hasn't breakout. Waiting??
Wait it build a strong base only consider.
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Long on TALIWRKTaliwrk is looking to continue it's upward movement. Soon, if not now, we will see the price pushing through the last high on 21 March 2021 at RM1.06.
Currently I'm seeing a downward movement in price as it has breach through the previous resistance. For swing trader's, be on the lookout for entry at RM0.87 and taking profit around the region of RM0.96-RM0.98.
Strong Uptrend Pattern!The candlestick indicates a continuous uptrend momentum with volume confirmed the buying interest from the traders. Hence, the price reached the highest peak of the 52 weeks
MACD and OBV indicators indicate a positive momentum with price uptrend momentum.
Let save TALIWRK in WL and watch out for significant price movement.
R 0.925
S 0.890
Possible technical outbreakLooking at last friday closing with high volume on last trading hours,
buying momentum is building up.
Possible challenging RM1.
TP : RM1
CL : RM0.87
Risk & Reward : 3
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
STOCK TRADING : 19) taliworks- top20jewelsMalaysiaStocks-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 125) frm haidojo trading…taliwrk has been in .consolidation since 2015...a possible huge bullish gartley pattern formation with D leg completion at RM0.52-0.58…SL below RM0.45…1st tp at RM0.75, 2nd at RM0.87…
current support : RM0.82-0.87
strong support : RM0.75
resistance : RM0.93 – 1.00
Overall, taliwrk is in consolidation phase…so either wait for breakout to the higher side to confirm a new uptrend, or wait for advanced pattern…
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<TradeVSA> Applying Lesson from Iconic & Success into TaliworksStrength in the chart:
1. Strong background with mark-up
2. Shakeout at support
3. Narrow spread bars with low volume
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> Daily Update & Stock Review - 22 May 20191. FTSE Bursa Malaysia KLCI
2. FTSE Bursa Malaysia Small Cap
3. Duopharma
4. KNM
5. Gadang
6. Econpile
7. Supermax
8. Top Glove
9. Focus Point
10. GPA
11. SCH Group
12. Komark
13. Pentamaster
14. Frontken
15. Dialog
16. Dayang
17. CCK
18. CAB
19. Teo Seng
20. SMetric
21. OCR
22. Muar Ban Lee
23. Guan Chong
24. Taliworks
Send us your preference stock to review based on TradeVSA chart by comment at below.
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
Who have the best setup? Malakoff & TaliworksStrength / Weakness in the chart:
1. Malakoff
a. Stage 4 - Mark Down at the background
b. Smart money are selling at Pullback in downtrend
2. Taliworks
a. Stage 2 - markup at the background
b. 1 shakeout and spring at support
Send us your preference stock to review based on TradeVSA chart by comment at below.
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
Is Smart Money shaking out Taliworks (8524.KL)?Analysing the stock markets using Volume Spread Analysis (VSA) signals can detect imbalance of supply and demand. The shakeout signal is a way for the Smart Money to shake out the weak holders from the stock., i.e. force them to sell. The weak-hand holders are the retail traders and if the price of a stock begins to plummet, they begin to panic and force to sell, especially if the shakeout is influenced by extremely bad news.
Based on the daily chart above, the price dropped below the support level on 22 October. After the mark-down, TradeVSA have spotted hidden potential buying on 25 October. The bar formed a Spring signal and subsequently the price closed back to the re-accumulation level on 2 November.
The Spring signal is the final shakeout by Smart Money to remove all the weak-hand holders. Currently price is moving sideways in the re-accumulation level and offering a low risk trading opportunity. Looks for confirm Spring or No Supply signal at the support level to give you a better edge. Smart Money tends to test the supply at support level before mark-up the price.
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.
TALIWORKS (RM1.47) - MONITOR FOR CONSOLIDATION BREAKOUT
On Wednesday, 3 Oct 18, the stock maintain on positive momentum and looks set to try for a BREAKOUT after almost 1 month in consolidation period. The price also in the positive outlook above both 20 MA and 50 MA lines. Ongoing momentum also by the Stochastic Oscillator patterns. Rally is likely to occur if the price can BREAKOUT the RM1.49 level. More buying interest ahead.
Stock Name : TALIWORKS CORP BHD (8524)
Entry : Buy Above RM1.49
Target : RM1.62 (8%)
Stop Loss : RM1.47 (2%)
Shariah : Yes
TA : Consolidation Breakout
-EAGLE EYE RESEARCH-
Disclaimer : The above commentary is solely used for educational purposes and is the contributor's point of view using technical analysis. The commentary should not be construed as an investment advise or any form of recommendation. Please consult a licensed investment adviser.
TradeVSA Stock Trade Idea - Taliworks (8524.KL)
Reason for Entry:
1. Pullback after Line Change with high volume. Price supported well at RM1.36
2. Turned to bullish green heatzone indicate continuation of the uptrend
3. Strong background with lots of Sign of Strengths (Test, Spring and Line Change)
4. Stop loss at RM1.34 with risk -3.6% only based on entry RM1.39