YONGTAI trade ideas
(26) SOKONGAN(26) SOKONGAN
YONGTAI berada pada sokongan 235 dan EMA 20.
MACD +VE yang menunjukkan masih ade potensi untuk naik.
AH YONG TAI LONG-dah break DTL
- looks like to fly like tailong.
- sniper SS pun dh mcm nak cross
-mid BB as strong support
#sekadarkajian#mgknbetulmgknsalah#adududud
YONG TAI BERHAD (15-DECEMBER-2020)A bullish engulfing candlestick rebounded off 61.8% FR and 20-day EMA after a brief overbought correction. The price is expected to resume its upward movement as it is now above the rising combined 20,50&200-day EMA.
The bullishness of the trend is supported by positive momentum in MACD.
EP – 0.355
Next R/ TP:
• 0.45 (coincides with 61.8% FE) – take half profit first.
• 0.57 (coincides with 100% FE)
Support:
• 0.335 (38.2% retracement)
• 0.26 (61.8% retracement)
Risk and reward – 0.02: 0.095 which is 1:4.75
Hunter Speculation Vaksin Stock(Yongtai)Dear Trader,
Here some sharing base on current view(Candle+Mapping).
TP1 and TP2 base on Daily Fibo, By right,Tomorrow would be confirmation candle which is,IF the price move strongly beyond 0385 level then consider END of retracement and will continue uptrend towards Rm1,00 area in short term.
More or Less, buy on Rumors , SELL on News
All The BEST!!!
YONGTAI AnalysisDisclaimer: This is not a buy call but for learning purpose
Technical analysis
Potential short term rebound
RSI above the centerline
Trading idea
Entry price: 0.330
Cut loss: 0.310
TP: 0.370
Just a good volume and popular for current market I try to figure out this stock and too much talking between all around telegram group and I found very good volume and very good support for 5 minits and suitable for intraday and btst trading. After profit in last week on SPSETIA,I looking for another stocks like YONGTAI and ARTRONIC. But Im aware of a GAP for YONGTAI, will look very carefulon price action for this stock.
YONGTAI - is it enough?In only 4 days, YONGTAI has climbed +156%. All indicators are oversold so we should be ready for a possible pullback.
H4 chart observed a very large cup (minus handle) pattern. If this is correct, the pullback could end around resistance zone (0.16-0.24) before making a reversal to complete the handle formation, and probably preparing for a larger breakout with TP 0.695 - but it won’t be easy with lots of resistance it needs to passed - so this is long term.
The best is to buy on dip, to avoid any bull trap along the way.
YONGTAI is a heavy stock with large float (44% float of 1040M shares), comparing to its sector competitor BCB (13% of 412M shares). This could be a potential friction for price movement during sector play.
TAYOR
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YONGTAI - stock with momentum!Note!
- up two sen at 0.15 sen
- suggestion entry pts should be at 0.185
YONGTAI God Pattern?LT
HHLL + Y1Y2
weak uptrend with no power up
fibo hit up + hit down
even tho T1> WHOG@2
incomparable upward strength
no TP yet
Yongtai, 1 or 2 ?Support: 0.135. Any chance to trend up? Need to see coming days how it trends to decide.
I think if it stay above 0.135, still stand a chance. Let's see how it goes...
Yongtai, trendingWhat will the trend be?
See current price trying to hold at 0.145
Next support: 0.135
R1: 0.155
R2: 0.160/0.165
YONGTAI: Reversal on the wayYONGTAI shows a reversal but volume wasnt that convincing. Need more momentum to push through. Key point to break is 0.205. Good low risk entry would be now.
#TAYOR
