XINHWA trade ideas
EASY123 Prediction @MYX XINHWALife is simple...Trade with Simplicity!
BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)
*The trend direction: Extended (Green background) Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal ( BT ) was sighted on 17-Dec.
*Price tested the lifeline (Redline) & close above it on 30-Dec.
*The Momentum signal (White-Star) sighted on 31-Dec, an indication of the strong buying momentum.
*The Bell Alert was triggered on 30-Dec, an indication of a coming signal.
Prediction: The immediate hot-chase (Red-Dot, above the candle) will result in the pullback/correction to/nearby the lifeline (Red-line) area. *Unless the coming price can break it High to make new High as the rally continuation.
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively.)
Target Price: RM0.53-56 & RM0.63-0.66
Cut Loss: If broke below S2 Support RM0.395
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
Rounding bottom formed, how far can XINHWA go? Thank you for continue following us:)
Strategy: Bullish Candlestick Chart Formation
Swing
Bias: Bullish. As the chart above shows the rounding bottom was formed in last three months. The stock price broke neckline at RM0.465 of the rounding bottom. An earlier signal was when the stock price broke RM0.435 sideway consolidation and at the same time made a Bollinger Band breakout.
Earlier, we had traded the short term opportunity from this counter, entry at RM0.435 and TP at RM0.480, based on Bollinger Band Breakout Strategy.
Time to look back for mid term opportunities.
The share price is expected to complete the cup reversal at RM0.55, potentially 12.7%, after the resistance of RM0.520 and psychological resistance of RM0.500
Stop-loss: 0.465
1st Target: 0.520
2nd Target: 0.550
Gentle Reminder: Plan your Trade, Trade your plan.
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Xinhwa Cubaan Untuk Memecahkan Downtrend LineXinhwa sedang dalam cubaan untuk memecahkan garisan downtrend line seterusnya membuat pertukaran line dari downtrend kepada uptrend (line change). Hari ini ditutupp dengan solid candle disokong oleh volume yang kuat. Sama-sama kita perhati rapat dan sediakan trading plan ya. (Sekadar kajian dan pembelajaran)
<TradeVSA> Khee San VS Xin Hwa. Pullback from Reversal?Strength in the chart:
1. Huge volume at the bottom
2. Change in the trend
3. Green pentagon with pullback
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
