3rd attempt to break thru resistantDKSH is trying the 3rd attempt to break the previous high at 3.8
once it successfully break 3.8, we can aim higher for 4.26 and 5.5.
Cut loss if anything go lower than 3.17
Risk reward ratio = 3
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Klsemarket
Possible Technical Outbreak 0.43Broke the long-term downtrend line (Yellow dotted line)
Lower low and higher high slowly in form (Uptrend tunnel)
Monitor closely, if a strong green bar appear and crossing up 0.435 with high volume.
My first TP will be 0.5
Cut loss if anything go lower than 0.325
Risk reward ratio = 2.5
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strong buying interest on PasdecPasdec have a strong buying volume on closing today, and it is near the previous high.
0.405 is 1 of the resistant line, if it continues to go higher,
next target will be 0.45 ; 0.51 ; 0.57
1st support 0.37 ; 2nd support 0.32
cross any lower should cut loss!
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Follow up with Pestech, TP remain!Earlier we have a 2nd entry signal at 1.2.
Price doesn't go up as I expected earlier, however, it doesn't break through the cut loss line we set.
Hence, I remain on the TP earlier, around 1.4+
Yellow dotted line referring to support & resistance.
TP = RM1. 40 / +20% or more
CL = RM1.03
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Strong buy in, TP 3.3Very strong buying momentum.
Price firmly broke out previous resistant 2.66 with much higher volume and strength.
I'm expecting first TP @ 2.94, then 3.33.
Considering cutloss at 2.4.
Risk & Reward ratio = 2
TP = 20%
CL = -10%
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<TradeVSA> Strong Support before Uptrend ? LKLSign of Strength in the chart:
1. High volume Line Change
2. Double NS signal
3. Low volume near 20/40ma
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CIMB possible cup and handle patternCIMB supporting at this MA area, and it has possibly forming an uptrend cup and handle pattern.
Looking at the financial sector / fbmklci, there's a possible rebound.
If this zone confirm the support, possible TP will be at 4.95, 5.26, 5.6
The supporting price is at 3.8.
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2nd swing trade entryUzma testing on the new support/ higher low.
The support fall on the long-term downtrend resistance(blue line), now become the uptrend support.
Will be testing the previous high again @ 0.895
TP : 20% / 0.895 ++
SL : -10% / 0.665
Risk reward ratio = 2++
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2nd entry and possible ATHEarlier we have an entry signal for this, reach the TP and successfully close it, now it fall on the support line where selling pressure is low.
Price action and volume , showing buyers' power increase.
Risk reward ratio = 1.38
TP = RM1.40 / +20% or more
CL = RM1.03
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CMMT broke long-term downtrend lineCMMT broken the long-term downtrend line, volume starts to build up and price are chasing up.
The lowest low at 0.595 has been tested few rounds, it can't go any lower now and the selling pressure are changing to buying momentum.
My first TP will be 0.835
second TP will be 0.9
Risk reward ratio = 2.2++
Cut loss if anything go lower than 0.69
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Immediate support for all glovesGreen line = downtrend X line, supporting line
price fall exactly around the X line and Fibonacci line, showing that here is one strong supporting zone.
Buy for a rebound play, expecting rebound to RM5.2 ~ RM5.6.
Consider a minimal risk to enter at this price.
Cutloss = -10%
Notion - Monitor for Bearish Continuation or ReversalA counter that is recently linked to EV theme, recently it failed to break through twice the resistant at 995 hence forming the Double Top pattern.
A bearish continuation is confirmed if it drops to below the neckline support of 840. It needs to maintain above immediate support of 880 and crossed the the green EMA50 and red EMA20 line for a bullish breakout to reverse its overall downtrend movement.
Disclaimer: Trade at your own risk.
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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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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