TASHIN ATR crosses slow MA in MTFsCan try TASHIN as its ATR has crossed the slow MA in MTFs. TP at recent swing high and CL at trialing ATR.
TASHIN trade ideas
Extremely powerful set up done- TASHIN HOLDINGS BERHADMarket sentiment on Friday is really weak, we notice a very interesting counter that undergoing strong set up.
TASHIN is involved in steel related products which expected to benefited from current commodity bull run, evidenced by improving profit margin in recent QR.
Share price experienced re-accumulation stage since June 2021.
Smart money is flowing in recently.
Price just break out from triangle resistance RM0.625
Price sustained even in weak market sentiment showing really strong uptrend forces.
immediate resistance RM0.66
Once RM0.66 break, we expect a strong rally following up.
Entry: RM0.665
Cut-Loss:RM0.64
Exit:RM0.70
BURSA:TASHIN 29/09/2021TP = as per TP01 Line
Support = as per Support Line
Stop Loss = as per Stop Loss Line
Price uptrend, possible to go higherPrice expect to move higher if can maintain above support area EMA50 @ 0.58.
Resistance price around 0.67
Steel counter at compression stage Buy only if close above 0.565 with stop loss below weekly support
Tashin day chartgo long- sengkou span A has crossed above senkou span B.however the angle is not steep. price traded above Kumo, and clear skies overhead. chikou has crossed above the Kumo and seeing no resistance overhead. RSI & dmi showing good momentum. RRR definitely worth it!
Tp - 0.85
SL 3- 0.55 below
UPTREND TASHINTurnaround company with consecutive increasing sales and profit.Strong sector company.
TASHIN - No Sign of Retracement to Halt YetTASHIN
Theme: Steel
Rst: 0.75
Spp: 0.64
Break below immediate support at Fibo Ext 161.8%, with crushing indicators, the stock will continue its southward journey to 0.64 area.
Trading plan for TASHINRejection at 0.535 resistance level. My plan is to wait for pullback at 0.47 support level and ma50 might catch up at the price level as the chart tend to respect the ma50
TASHIN Close Above EMA7CP = 0.52
R1 = 0.55
TP1 = 0.56
TP2 = 0.67
RBS = 0.49
S1 = 0.495
RSI(14) > 50
This is not a buy call but just an idea for educational purpose only.
Disclaimer: Trade at Your Own Risk (TAYOR)
TASHIN: Breakout New 52WTASHIN breakout from 0.49 after 2nd attempt, with volume. Squeeze momentum also shows it goes out of the low volatility zone to high volatility.
EP: 0.505
SL: 0.480
TP1: 0.56
TP2: Squeeze Momentum turns dark green
#TASHIN DTF - Fibonacci Strategy Trading Plan with golden wave The most of strongest Momentum wave - Golden Wave (impulse)
Criteria :
* Minor wave 3 in 3rd impulse major Elliot Wave
* Strong Bullish Momentum volume unusual
* Steepness of a trend line increases from 45% to 70% deg
* Strong Break in bar retracement symmetry leading to a change in trend behavior
* Bullish gap up price action
Potential Reversal Trading Signals for MMCCORP, PARKSON, TASHIN Potential reversal trading signals have been spotted for these 3 Malaysia stocks MYX:MMCCORP , MYX:PARKSON , MYX:TASHIN , which could mark the start of an upswing.
Find out how to ride these potential reversal trades to catch a short duration up swing.
TASHIN break out from new trading rangeTASHIN just break out from its new trading range.
Recently it broke from the flag. Now it will go high and probably pull back to test its old resistance.
