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Dayang

DayangStrategy - Price entry at 1.36 with Stop Loss set at 1.165. - Resistance at 1.50. - 1st TP at 1.50, 2nd TP at 1.65, 3rd TP at 2.05. Technical Analysis - Current price moved at above 25 & 50 Moving Average which also serves as the support level. - 1st Southern Doji formed on 14 May 2020. Morning Doji Star also formed for these 3 days. - 2nd Southern Doji formed on 28 May 2020. Fundamental - Brent Oil Price is trading at 39USD above on 2/6/2020. - OPEC Meeting on 04/06/2020 likely to cut production further until July and August.
DLong
by WilliamKong91
DAYANG (5141) Retracement to Its Gap?DAYANG (5141) a darling stock for all since January 2019 One of the darling oil & gas stocks in Malaysia that rallied +250% ROI within a span of 3 months! Golden Crossover of the 3 lines formed in the month of February 2019. Mid point price resistant at RM1.70 Price retrace from RM1.70. 1st gap at RM1.18 2nd gap at RM0.825 DAYANG looks comfortable to drop towards RM1.18 to close its 1st gap. If there is a need to head towards its 2nd gap that will be real cruel to all investor and trader whom did not fold this stock at high. Know when to hold'em, and most importantly know when to fold'em. **IMPORTANT** Ideas shared are merely just for analysis and studies. No buy or sell call actions should be taken seriously unless the person reading this has done his/her part of analysis at their own free will.
DShort
by The_3_Lines_Trader_TFM