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Hiaptek

HIAPTEK - Steadily rising upComment for daily chart : 1) TrendX+ indicator - moves above green mid-term trendline. 2) DDX+ indicator - moves above green trend-cross and also zero-axis. 3) MCDX+ indicator - banker bar (red) getting stronger while retailer bar (turquoise) gone since the first BO of Neckline A. 4) The circles indicate higher volume activity. Support & Resistance: R : 0.410 S : Neckline B DISCLAIMER : Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
MYX:HIAPTEKLong
by TheWinningDay
HIAPTEK - Will history repeats itself?MYX:HIAPTEK Currently Hiaptek is forming a Cup and Handle pattern with a slight breakout from the handle during the previous trading day. Hiaptek needs to break a few Resistance in order to perform a successful breakout, with high volume supporting it. From the chart, we can see that the previous cup and handle formed by HIAPTEK a few months back is quite a successful one amid strong steel sentiment during that time. A few trading days back, we observe the leaders of steel related counters began to pick up positive momentum. If the sentiment continues, i can see HIAPTEK scaling higher and breaking the previous high back in early 2018. For mid to long term swing, i foresee this counter will be able to break its all time high. Previous half year trading volume beats any trading volume previously in the same time range. This shows that HIAPTEK has sparked renewed interest and looks like investors are here for the long run. DISCLAIMER: This is just my personal opinion and should not be construed as a buy/sell call. Please consult a professional for investment advice. - abgmax -
MYX:HIAPTEKLong
by MaxSaham
HIAPTEK - would it breakout the flag?We observe flag pattern after 40 bids jump in early December. We also spot a reversal candle (hammer) inside the flag which could indicate reversal of plag pattern. MACD gives early breakout signal with RSI still showing momentum. Volume is lower in the flag which gives a good signal. EP 0.505 TP 0.535 (+6%), 0.630 (+24% Fibo 1.272 target), 0.705 (+39% Pole target) SL 0.475 (-6%) Speed: Quite heavy with 689M shares float (50% of 1379M shares) Sentimen: Economic recovery, bullish steel pricej TAYOR
MYX:HIAPTEKLong
by sothye