TENAGA trade ideas
TENAGA - No More Supply?Hi,
The price had been in a downtrend for quite some time, and now hovering near the major support line A
We saw a wide spread down bar with high volume at 1, then price went side ways. Bar 2 was another down bar with ultra high volume, but yet price did not go down any further. Therefore probably smart money has bought at this level, and accumulating this stock
At 3, price broke above the down trend line B, and this may be the change of behaviour prior to mark up
And finally at bar 4, it was a down bar with super low volume (lowest within the last many many bars), which may indicate no more selling pressure.
It may take some time before price eventually goes up, but I personally do not think it will go lower due to all of these signs of strength.
TENAGA (5347) How Tenaga Nasional Bhd BEARISH Trend PersistTENAGA (5347)
Last seen Bullish Trend was from August 2018 - September 2018.
Bearish Trend occurred since October 2018 - Now presently 2019.
Price slide down from RM15.50 to RM12.00 (-22%) and will continue to persist until evidently proven price has reversed its trend into a Bullish Trend in the near future. Don't ride on a Bearish Trend stock!
Tenaga INFO CFD KLS
Market Bursa dah nak buka kejap lagi..kita tengok dulu saham apa yang berpotensi.
TENAGA 5347
Technical view
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+ Breakout inverse head and shoulder.
+ Up trending
+ Approaching resistant zone.
Highlights
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+ TNB electricity project in Janda Baik receives EIA, EMP approvals
+ Tenaga and YTL Power will not be affected by recent change of government and ongoing policy review exercises, says HLIB Research
CFD
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Harga pasaran saham TNB RM15.30/sesaham
Modal CFD RM3.05/sesaham
Sekiranya ada yang berminat nak belajar trade saham Malaysia dan global secara CFD, boleh PM saya.
forexisbiz.wasap.my
[MSTA] TENAGA WEEKLY CHARTSiti Nur Nadhirah Mohd Roslen
Trend: Uptrend line with resistance at 16.26 and support at 14.83.
Indicator: Parallel channel which shows price keeps traded in the channel. Even though there is a breakout, the price maybe turn back trading in the channel area. This can be support by On Balance Volume indicator where it shows the trend is still in uptrend.
Projection: TENAGA will trade between 16.26 and 14.83 until it breaks the support again.