PRESBHD : TECHNOLOGY , DIGITAL SERVICES22/11/2020:
-QR is around the corner, estimate around 29/11/2020
-downtrend line broken and current begining of the uptrend?
-tried to break the higher high last friday, however ended up closing with a doji
-Weekly chart looks good with stoch RSI is at the oversold region, however daily chart is slightly at the overbought region
-Could have retracement within the box, before another push to form a new higher high?
Presbhd
PRESBHD (19/11/2020) breakout ascending triangle ?After Stock Split at 28-Oct-2020, PRESBHD has started its uptrend channel and forming an ascending triangle. A huge volume spotted today with abount +12% gain just in 1 day. Stochastic shows sign of uptrend continuation inside the channel.
A good entry would be to wait for resistance zone breakout (0.49-0.5) with high volume
EP 0.5
SL 0.43
TP 0.54/0.59/0.65
RRR 1:2.5
The stock has quite large balance float (65% of 709M shares) compared to its similar market size EFORCE (43% of 615M shares) and KRONO (40% of 523M shares). This adds significant friction to price action during tech sector movement.
TAYOR.
PRESBHD DISKAUN!Harga makin menurun, tetapi volume menjual hampir tidak ada. Adakah institusi masih di dalam?
Training 13/09/2020 - PRESBHDAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
PRESBHD - Pending Technical ReboundPRESBHD - Morning doji formation as well with strong volume. Likely to see technical rebound after strong sell down which I believe is due to margin calls.
PRESBHD (5204) a Bullish Trend that can't afford to violate.PRESBHD (5204)
Bearish Trend formation since September 2018
Bullish Trend formation since March 2019.
Recent price violated its Bullish Trend support.
Price now breaking out of its resistant to maintain its Bullish Trend Formation Status .
www.trendfollowingmalaysia.com
