SMCAP rebound from supportExpecting a rebound from bottom of the uptrend tunnel.
Selling pressure getting low, and buying momentum increase.
Risk reward ratio = 2.7
TP = 20%+
CL = -8%
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KLSE
Trend Rider 261. Weekly in uptrend, EMA10 > EMA30 > EMA200. In Wave 4 with a reversal expected to be at 0.618 level also a SBR.
2. In daily hammer was formed and followed with bullish candle. Have not move yet but crawls lower thus may be a good time to start collecting. Price action above EMA 200.
3. Isaham rating 9.9 WAFV RM2.84 PE 10.1, i3 ATP 1.44.
Trend Rider 251. Weekly in uptrend, EMA10 > EMA30 > EMA200. In wave 4 and starting to make Wave 5 with reversal at 0.618 fibo level.
2. H4 is making short Wave 2 with a reversal at 0.618 level which is also strong support previously. Price action above EMA 200.
3. Isaham score 10.7 WAFV RM2.07, i3 ATP RM2.01.
Trend Rider 241. Weekly uptrend EMA10> EMA30> EMA200. Expected the correction wave has been completed with a new uptrend coming after 50% correction.
2. H4, price broke the downtrendline, retraced at 0.618 Fibo level with a reversal signal (hammer then bullish candle).
3. Isaham rating 12.5 WAFV RM1.03, I3 ATP RM0.46
Luster’s potential symmetrical triangle BO within 3 months Accumulation phase begins on 11 June 2020 to current with relatively higher volume pouring in. With good FA, projected ATH breakout 29.5~37 sen will happen anytime from now till 14 May 2021 within the green box.
Disclaimer: Trade at your own risk.
TNLOGIS swing reboundTNLOGIS trying it 3rd attempt to break up the resistant level
MACD momentum is stronger than previous high and the current price level is at the bottom of the uptrend tunnel.
We can do a swing trade here.
Volume is still missing out
Can monitor at this one, if volume coming in,
I will expect TP around RM1.11(+20%)
CL : -7%
Risk reward ratio : 3.8
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HUMEIND challenging previous resistancePrice now RM1.04
Trying to break previous high resistance.
What is different with previous high are, this time buying volume has increase, and momentum/macd is stronger than before.
Price action is also at the support of midterm Moving average line.
TP +10%
CL -4%
Risk reward ratio : 3
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Systech breakout from the accumulation Price had been staying there for 5 months,
Price action breaking up high with strong volume.
Targeting +30% profit from current 0.225
Risk Reward ratio: 3++
Cutloss : -9%
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SDS breaking previous high resistantChart pattern is forming a triangle earlier, and price just break up, and stop at previous high.
wait for a confirm breakout 0.275, then only buy in
Risk reward ratio = 2+
CL = -10%
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IRIS - SHORT?You might be interested to buy this stock since they won a multibillion project from the government. You frustrated that you didn't get to buy it during it prices at 0.15 area. You are so down and when you see that it's prices is going down during the last week you were thinking that this is the time to buy. Well might want to save your money instead. Technically it looks bearish. Not sure what's going on but it didn't look great. The share might go back to it's original 0.15-0.16 base. From there if you still like to the stock, maybe you can start accumulating again. Will it go there? Well only time will tell.
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Cup & Handle PatternAwantec is forming a perfect cup & handle pattern.
Expecting it will breaking up previous new high, around RM 1, and going all the way up.
Risk reward ratio = 2.2
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N2N ready for a breakoutChart pattern is forming a triangle, entering a squeeze.
Expecting it will challenging previous new high, around RM 0.90 (+20%)
Risk reward ratio = 2.8
CL = -7%
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TECHBOND challenging previous highTechbond has reached its previous high and trying to breakout an All-Time High,
what differences with the previous high are, the volume is building up
and MACD goes higher, showing that buyer's interests are much higher than before.
Risk & Reward: 4.59
I will give a TP of +26%
and CL at 5%
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