TECHBOND Potential uptrend 3 Reason for Holding this stock
TA show this stock is trading on bottom of parallel uptrend
I believe it trading undervalue now due to Business growth on past 2 years
Volume spike on previous week due to Kuok Brothers Sdn Bhd have exercise Techbond's Warrant. Holding percentage increased to 17.49%.
Short Term Trading ( 6 Month - 9 Month )
Dividend = 1.2%
Expected Capital Gain = 40%
Cut Loss when 20% loss of capital.
Record Stock Holding
300 lots
TECHBND trade ideas
TECHBOND, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Techbond, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Techbond broke resistant and pullback, good time to enter??Techbond Group Berhad, has recently Breaking Through Resistance Levels and Experiencing Pullbacks.
What is different this time around is that the volume is building up, which suggests that investors are becoming more interested in the stock. This can be seen as a positive sign, as a high volume of trading activity can indicate a strong demand for the stock, which may drive prices higher.
In addition, the Moving Average Convergence Divergence (MACD) is going higher, showing that buyer's interests are much higher than before. The MACD is a popular technical analysis tool used to gauge momentum, and its upward trend indicates that there is strong buying pressure in the market for Techbond's stock. This suggests that investors are optimistic about the company's future prospects, which could lead to further price appreciation.
Risk & Reward ratio : 1~2
Target Price : 0.525(+15%) , 0.595(+31%)
Stop Loss : 0.38(-15%)
It is recommended to set a target price and stop loss when making any investment decision. Based on the information provided, a target price of +30% is suggested for Techbond, which represents a potential upside from current levels. However, it is important to note that no investment is without risk, and a stop loss of 15% is recommended to limit potential losses in the event that the stock does not perform as expected.
Like my works? Please hit the Like, Follow and Share or tip me a few coins :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
TECHBND (Technology) - 4H updateNote
- On previous close was a hit at 52 weeks high up. Limit up done remarkable increase in last 4-hour price/volume per day is a max of 14.M
- Suggest to take entry at either support level or at pivot level. Considering this stock merely for longer run trade.
- Expected will breakout top high in few weeks from now.
TECHBOND challenging previous highTechbond has reached its previous high and trying to breakout an All-Time High,
what differences with the previous high are, the volume is building up
and MACD goes higher, showing that buyer's interests are much higher than before.
Risk & Reward: 4.59
I will give a TP of +26%
and CL at 5%
Like my works? Please hit the Like, Follow and Share :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
<TradeVSA> Techbond Reversal with Bullish SignalStrength in the chart:
1. Daily and hourly bullish signal
2. Line Change with 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
Who have the best setup? Ekovest, Gadang, Eloft & Yong TaiWeakness in the chart:
1. Hibiscus
a. Re-test support
b. Red Pentagon
2. Techbond
a. Red Pentagon
b. Drop below accumulation stage
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? Bermaz & TechbondStrength in the chart:
1. Bermaz
a. Reversal in trend
b. Formed accumulation stage
2. Techbond
a. Break above previous resistance
b. Pullback in hourly chart
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