VIS trade ideas
VISDYNAMICS, TIME TO REST OR STILL CLIMBING?1. Non-stop climbing since pullback on 8th Jan 2021.
2. RSI reach 92 on overbought region which is almost maximum.
3. Best entry when EMA50 cross EMA200 on 22nd Dec. Second entry on 31st December which is near support or RBS. Third entry when price rebound at Fibonacci level 38.20%.
4. Price now already reach maximum level of Fibonacci and maybe ready for correction.
VIS - Bullish If Breakout From Trading Range
Please consider your own interpretation of Opportunity & Risk:
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
VIS: Precaution needed but has potentialAfter a good breakout with big candle and big volume, VIS is now on a pullback. Judging from its volume and price action, its not in healthy pullback. Should its continue its minor bearish trend, few immediate supports are 0.625//0.600. Strong Resistance area is observed at 0.730-0.760. Succeeding in breaking this resistance area, next Resistance is 0.890 and its all-time-high is not far away at 0.985. Could it go all the way?