Gadang
GADANG - Opportunity for Long?Monthly chart - highest price is 1.370.
Current chart outlook.
(i am using 4H)
Volume: Spiked on the 29/04. indicates major buying shares.
PA: After creating HH, price consolidated. A high volume + sideway breakout is my key to enter.
RRR: TP at 40-50%. CL at 10%~12%
Best Entry: 0.400.
Trade: Short to Medium ( 4 weeks to 6 weeks.)
TAYOR.
MFA Analysis - GADANG (9261)A buy signal in a green zone = strong bullish signal.
Can GADANG continuously push its resistance to higher point?
Let the chart talks..
The information provided here is an author's general opinion only and neither purports nor intends to be, specific trading advice. The information should not be considered as an offer or enticement to buy, sell or trade. Always trade at your own risk
Opportunity in Gadang (9261.kl)?Gadang has a good background in the last 4 weeks.
- Price moving sideways with minimal spread and volume is low.
- It has Sp, followed by a few Test with low volume.
- Price went up few bars before went down in the last bar. Assuming this is a pullback, we need to the see the price movement and volume.
- If pullback succeed, may consider entry at the following:
Entry: 0.725
Stop Loss: 0.71
- We may take partial profit at 0.78 (Resistance line).
