WASEONG Re-accumulationRe-accumulation with CnH pattern.
There are multiple TP target
1. PnF for accumulation
2. Fibo extension
3. CnH
Uzma
UZMA retest previous supportDaily :
1. RSI test level 40 (mark-up)
2. Price test previous resistance becomes support.
3. Stoch RSI oversold
15M
1. Bullish divergence
UZMA - Bullish BreakoutUZMA
Theme: Solar/ O&G
Rst: 0.85
Spp: 0.795
Bullish pennant breakout supported by good volume and strengthening indicators, the charge may extend towards RM1 but do expect red candle to test your patience tomorrow, in case you’re riding.
Bursa UZMA BerhadThe pullback might fall to the potential zone before it continuing uptrend.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
UZMA Looking Good for Early Stage Up TrendAs of writing BRENT is steady at USD44+. If this continues for the next 2 week, we may see UZMA to start an early stage of up trend. Rebounds at 0.46 gives the confirmation of the up trend.
Due to the volatility of the crude oil, I would suggest for a quick trade with EP at 0.48, TP at 0.54, CL at 0.46 that easily gives you 3R.
Cut loss as soon as you can. Don't ever wait in this volatile market.
UZMA 1/8/2020Wedge shape triangle is forming here. Looks like in consolidation mode at the moment. Lower highs are obvious, but not lower lows. Price seemed to be well supported at around 0.570 area.
Economic sentiment is not fantastic, investor confidence is recovering from the oil crash late april.
Will need to observe a few more candles to see if more lower lows will be formed. If it doesnt, it will be good.
UZMA looking good and stand above fibo 0.618! currently uzma stand firmly at the support area ! looking forward to break the resistance ( red circle) and stand above fibo 0.618 (0.685).
Resistance: 0.685
Support: 0.615
Wolf
Uzma, can it sustain at its support line today?If cant hold at 0.56sen, the next support line will be 0.50sen.
Uzma - Another uptrend wave?Is it a prediction? Or reflected from market emotion? Market emotion getting positive.
Buying volume increasing. Breaking 0.58sen will be a confirmation.
UZMA In Uptrend1) After breakout from long down trend line, Uzma shows a very bullish signal.
2) Price is crossing the EMA200, and rebound back after short pullback to EMA200 on 25/9
3) this counter has potential to go higher and possible to achieve its glorious time
