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THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
KGB.... VCP breakout previously. Currently it has pull backed a little. MA golden cross, RSI uptrend line is respected well too. I guess it's just a matter of time before it breaks ATH and find a new high. Banker chips at 50% and RSI at healthy level. Overall I'd say very...
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THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
After so long of churning, finally MA10 crosses MA50 and MA200. Currently short term a little parabolic.. but should be fine as long as RM1.30 support holds. It could drop further too due to bad sentiment. It could also consolidate around this area until the MA20 squeezes with...
DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
Ever since the release of the dividends, it has suffered a sell down. Short term wise it is currently in a downtrend with dead cross on its MAs. Banker chips are also weak with around 10-15% left. However the RSI is pretty low at the moment. Can try to aim for rebound plays but...
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It tried to breakout from its 52week high of 4.75 today but retraced back to 4.69, forming a doji. Currently it is in a nice and good uptrend with the MA20 acting as a trendline. However take note the RSI nearing overbought zone soon and it formed a doji today. There could be a...
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Based on the previous chart that I have drawn, it seems that it failed to breakout from its handle, and slammed down the 0.6 support. MA10 just crossed below MA50 which is not a good sign for short term. Banker chips around 25% and RSI pretty low too. Can monitor for possible...
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Looks like it is forming a possible handle for the cup and handle formation. However still have to monitor for few more days. It has formed an inverted hammer after three days of retracing, so let's see whether is this the end of a retracement. Banker chips are at 50% with RSI...
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THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
After two days of retracing it finally forms a doji/hammer and its RSI also went down a little. Could this be the end of the retracement? It is advisable to monitor for few more days for confirmation. For two days it has reached a certain day low but tends to rebound back after...
DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
As we can see from the chart, it has broken down from its falling wedge(they are supposed to be bullish pattern as it usually indicates reversal) but it broke down with big red candle. One of the main contributors could possibly be the bad QR results. So far the price is...
Price closed on MA10 today, which is 0.46. As we can see the 0.485 resistance level has been tested 4 times consecutively and it fails to breakout from there. Hence, the possible reason for the retracement. Oil counters are not easy to trade, therefore please manage your risks well. If the price falls and closes below 0.45 it'll be risky.
R: 0.485, 0.5(52WH)
S:...
