HAPSENG, at resistance area?Will it just hit the resistance area, just like Feb 2024 and pullback again?
The stock market is a highly dangerous place.
Get in, take your profit and get out quick!
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
RCECAP, gap to close?Still under selling pressure at this moment.
Daily RSI, Stochastic are oversold.
1h : wait for stronger signal = better HL as confirmation of reversal trend / rebound. It must follow with HH and another 2nd HL.
And as usual, I will seek at least 3 confirmations. Anything less is gambling.
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
NCT, within the box?Price within the box. Still look good at this moment. Need operators to push if they intend to pump ⛽ for one more round.
Will it be close gap at 0 574 area?
Breakdown below 0.504 wil look ugly.
The stock market is a highly dangerous place.
Get in, take your profit and get out quick!
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
SMART, the latest IPO Need to breakout 0.455 and next will be 0.485
Anything below these prices should be avoid.
We won't know where's the bottom.
Beginner traders: Looking to buy at bottom and sell at top
Profitable traders: Looking for high probability moves while covering their bottom
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
GENM, do you make the right move?Especially intraday trades, should minimize their loss when price drop below 2.76.
So far yet has any signal of recovery. Just wait next trading day and see how what's the market maker's next move.
Note : It's often easier to make profits when you're in sync with the overall direction of the market.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Rapid, time to collect ?For me, it need to breakout 0.775 at this moment. If fail, then need to readjust again.
Price still below Hull MA. In which I won't make any move.
Just wait the next trading day and see how it go.
No trader/investor is right all the time. No strategy/method is 100% profitable. Cut your losses quickly, without hesitation. Seek at least 3 confirmations. Anything less is gambling.
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
PEKAT : High tight flag , volume profile & 10WEMA , Friday Rule
prior run up >70%
breakout 10 weeks EMA
pullback to EMA10
support at VP POC and EMA10
break out new 52 weeks high today (Friday )
potential Friday Rule Candidate
also showing relative strength ( breaking out while the Market is in a correction )
MY: Turiya Analysis 14.2.24Has break resistance 0.275. Low Risk can Look for retracement to enter. High Risk to enter now but if price already move, suggest not to chase this counter.
P/s: This is not a Buy / Sell call. Please due diligence before enter any trade. Trading can inccur partial / full loss. Outmost cautious need to be overserved when investing in high risk instrument.
EDELTEQ: Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
PPHB, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
DUFU, might be a chance for bounce back / continuationThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
RANHILL May 2024 : Sell on news , and the reaction at 10WEMA
was in a good uptrend , then a sudden sell on news.
news trigger :
" KUALA LUMPUR (May 28): YTL Power International Bhd’s (KL:YTLPOWR) 70% subsidiary SIPP Power Sdn Bhd is buying 405.18 million shares, or a 31.42% stake, in Ranhill Utilities Bhd (KL:RANHILL) for RM405.18 million or 99.5 sen per share "
- gap down on massive volume , unable to recover ( long upper wick , close below VP POC )
the reaction :
- sell-off halted by 10 weeks EMA
- 50 days moving average
- Value Area Low of P-Profile
FrontknThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.