TFP BECOME MAJOR UPTRENDING STOCKShooting star candle has pattern on weekly chart seems its sign of strong bull has kick in. stay above the horizontal support at 0.175, the stocks still good. wait for bo to antam
TFP trade ideas
TFP (Tak Fly Pun?) At Least Not YetOlympic 2020 has just ended today, so lets have a fun with the title for this weeks analysis.
TFP (actually stands for "elecommunications, FinTech, and App Platform") such a long name. "Tak Fly Pun?" means not yet fly yet?
Analysis
1. Starting forming a uptrend with a cup and handle pattern.
2. Volume start to kick in after forming the cup bottom.
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
TFP Emerging Fintech Player 1 May 2021My Analysis
1. Forming a long term bullish flag with healthy volume spikes.
2. Washed down in the last few days. Price maintain at support region.
3. Recently, the company announces good news and the prices got sold down. (sell on news). So far they have announced multiple MOUs with business and associations.
4. Beside going into the e-wallet business, TFP is trying to build a ecosystem around e-cash involving communication call providers.
5. I noticed that in their website, they are planning to do oversea remittance using the e-wallet. Maybe this is a game changer as none of the big 3 ewallet (TnG, Boost, Grabpay) has this feature. I am guessing that they probably will tie up with BigPay?? (since their OneCall looks to have tie-up with TuneTalk). As far as i know, BigPay should have the necessary license to do oversea remittance.
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
#TFP 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
TFP 20 DISEMBER – PONTESI TERUSKAN KENAIKANSektor: Technology
Sub Sektor: Digital Services
Status Indeks: Buat HH dan meneruskan kenaikan (uptrend)
Status Fundamental: -
Trading Plan:
Target Price 1 (TP1) - 0.245
Target Price 2 (TP2) - 0.265
Strong Support (SS) - 0.165
Cutloss (CL) - 0.155
Komen 1: TFP dalam keadaan uptrend dan sedang buat HL setelah breakout R3 dengan high volume. Mencuba untuk breakout R4 tapi tak berjaya.
Komen 2: Berjaya break down trend line (dtl). Analisis moving average dapat dilihat MA20 dah mula cross atas MA50 (sign of uptrend).
Komen 3: MACD positive (biru atas merah). Bar hijau membesar. RSI & stoch bakal menuju ke overbought. Stoch mempunyai kekuatan tertinggi disokong dengan high volume.
Komen 4: Harga dah keluar dari upper band. Kemungkinan akan masuk semula dalam band dan buat kenaikan semula.
Komen 5: Volume tertinggi dalam sejarah berbanding volume sebelumnya.
Boleh ride the trend untuk short/medium swing.
** Penafian: Hanya untuk pembelajaran dan tujuan kajian sahaja. Tiada 'buy call' diberikan.
** Selamat berdagang!
TFP (0145)MYX:0145
Currently trading at RM 0.125. Expecting the price will push back to previous RM 0.175. Today released a good result, tomorrow might have an opportunity for trading. Be ready for an unexpected sell down also.
Becareful with this counter as this is a well monitor/ control counter. Don't mess up with operator.
Target - RM 0.150, RM 0.175, RM 0.200 and RM 0.225.
Cut loss - RM 0.100
Disclaimer: This is not a recommendation to buy or sell. Analysis or results above are solely based on personal opinions and for personal references. Please trade at your own risk.
