Uptrend structure is still validI have identified an uptrend structure which is L-H-HL-HH. With this I think that the price has the potential to make an increase higher. Take a risk risk reward ratio 1:1. If you want a better risk reward ratio is to wait for a lower price before buyingLongby ExperTrader21Updated 1
Why use parallel channel, WCEHBAmong other trend lines, my favourite will be Parallel Channel, as it help me to determine the trends, support and resistance. Drawed this parallel channel on 27/7, when price was reject on that day. And it price rebound without the channel and now it seems reject at the top (0715), again. What next? Price may pullback. Whether it can rebound within the next support line, market will tell us. Again, it won't be the best trendline, but at least it suit my trading style. Won't have best strategy that suit all traders / investors. At least, try and find which one suit self most. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.Shortby DSELE991
WCEHB ready for another leg up?I am of the view that MYX:WCEHB might be seeing another leg up towards the 0.55 region. Base well supported, Stops would be the recent low at 0.475. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.Longby Richkierich0
WCEHB IN ABC CORRECTIVE ZONEConsider to study and monitor WCEHB's current chart which appears to resemble that of Elliott Wave Theory's ABC Corrective Zone in Expanded Flat which happens to have rebounded from the 52-week low and fibo618 from the beginning of Wave 1 or the All-time Low. Potential low entry and near to CL area which is below the 52-week low. Potential EP (0.290) is at 4htf pivot point, potential initial TP at Point B (0.415) and the potential CL is below 52-week low (0.275)Longby nOtOcOndO0
Expected continues downtrendexpected continues downtrends, the price movement clearly revealed. Shortby ChartExpress-R1
WCEHB on upward trendSupport at 0.475 Resistance 0.50 TP1: 0.53 TP2:0.58 The construction sector are making continuity pattern as we go through recovery phase from the pandemic.The likes of IJM and Fajar are leading the sector.We might see some movement from the small caps construction player. Be aware that commodities like steel and lumber are soaring upwards and thus might hurt earnings of these construction players unless the costs are passed to consumers thus contributing to lower valuations.We can see that there is buying interest today for WCEHB after T3. However,the price closed with a Doji candle today as the upcoming inflation data and weak market sentiment may weigh in. Price needs more confirmation next week to see if there is a higher high can be established. by UnknownUnicorn100140000
<TradeVSA> WCEHB - Breakout with COMBO SetupSign of Strength in the chart: 1. Trend reversal in weekly chart 2. Double NS in weekly chart 3. Re-accumulation 4. Double in re-accumulation Hit the "LIKE" button to support us :) 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 stockLong02:58by MartinTFWong2
WCEHB (VCP) PENDING SLOW TURTLE BOBMYX:WCEHB Turtle Pro: Uptrend & Bullish FiFT: Strong Bull MCDX+: Banker Spike UP ATOM: Trending Bull Longby SuperTrader_K1
WCEHB VOLATILITY CONTRACTION PATTERN (VCP)MYX:WCEHB UPTREND VOLATILITY CONTRACTION PATTERN (VCP) FiFT +VE BULL RECHARGE + MDCDX+ BANKER SPIKE UP BANKER 62% ATOM BUY & ABOVE RIVER Longby SuperTrader_K4
WCEHB - Maximum Capacity Yet to ArriveWCEHB Rst: 0.48 Spp: 0.42 Bullish symmetrical triangle breakout, instantly charging the stock to upper BB, is the upside limited here? Potentially no. The maximum capacity yet to emergeLongby HTB_Club0
WCEHB - LONGWCEHB, the stock's prices have formed into the rounding bottom pattern. The recent stock prices since beginning of November 2020 have also shown higher high and higher low, with volume picks up in line with price trend. Watch for price to break and stay above RM0.405 which will trigger buy signal for long positions. Happy trading to all traders!Longby AmazeOptions0
WCEHB: Breakout Downtrend Line plus Gap Up Thanks for following us. Strategy: BreakoutDowntrend Line and Gap Up Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another high resistance at 0.440. Resistance: 0.440, after immediate resistance of 0.400 Support: 0.345, after the gap up support area of 0.360-0.370 If you found this idea is useful, don't hesitate to like and comment! :)Longby ShareWorldConsultingUpdated 11
WCEHB, double bottom, spike with volume! 11% potential return. WCEHB, RM0.300 acts as a firm support and RM0.320 previous resistance was broken. RM0.320 acts as the immediate support for now. TP zone RM0.340 which achieved on Wednesday today. When momentum continues, it should see RM0.355 in short term, a total of 11.34% return from RM0.320 resistance breakout. Today bottom rebound with volume, indicating a strong buying interest when the share price traded at a low range. Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune! Guys, if you like the idea, please "like" it, this will be the best thanks. If you have any questions or trading ideas, please post them in comments! Thank you for your support, we appreciate it.Longby ShareWorldConsultingUpdated 12
WCEHB - Bear In Control NowWCEHB Trend: Bearish Rst: 0.36/ 0.40 Spp: 0.305 Bearish momentum looms, no sign of recovery observable now and further pressure likely from MACD bearish crossover.Shortby HTB_Club7
WCEHB, how far can it go in short term? First of all, congrats to the students for FPGROUP which hit the first TP on Friday. Looking forward for the next! Kindly refer to the "idea" of FPGROUP analysis done in Tradingview for next direction. WCEHB: How did we catch WCEHB before the majority at RM0.365 on Friday? Uptrend line acts as the support and the downtrend line acts as the resistance. WCEHB had made a successful BreakOut DownTrendLine (BODTL) when it broke RM0.365, which was the first signal triggered with increasing volume. When WCEHB broke and stood firm above RM0.370, indicating a strong momentum was continued to be generated! We are looking forward for a targeted price of RM0.440 in the very near term, after the psychological resistance of RM0.400 & second resistance of RM0.420. Overall, this counter is potentially given a 15% upside, expecting the target to be done within a week. Gentle reminder: Plan the trade and trade the plan. Stay tune! Longby ShareWorldConsultingUpdated 2216
WCEHB - Further Technical Rebound In PlayWCEHB Trend: Bearish, technical rebound Rst: 0.40/ 0.435 Spp: 0.36 Technical rebound in play in tandem with recovering RSI & MACD, but must take note long term still in downtrend. Quick trading opportunity valid, see money take money.Longby HTB_Club5