3A, Uptrend based on AlgoSignal StrategySeveral indicators within my algorithmic system are signaling a potential uptrend. These include:
Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors collectively point towards the possibility of an upward movement in the near future.
3A trade ideas
3A, 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.
VCP SETUP 3AFundamentally good company.Even Quarter report for last 2quarters reducing,but still increasing YOY sales and profits.Currently just breakout horizontal line (blue line) with high volume,however there is a strong major downtrendline (purple line) ahead.Let see if it can successfully penetrate the purple line
3A VCP (FOLLOW UP)I first traded 3A last year on 4 Oct after confirm up trend rally, gave me around 15% profit back then.
3A later undergo correction period and have been following since Jan 2022 when the price rise back up MA50. (Previous related ideas in link below)
The current VCP took 3 months to setup with below contraction:
C1: -14%
C2: -9%
C3: -3%
Price breakout with volume follow through on 10, 11 Feb show there is strong demand in market. Good QR coming soon? Let's see.
Disclaimer:
Not a buy call recommendation. Just personal technical analysis based on trend and chart pattern. Trade at your own risk.
3A VCP SETUP AGAINThe short base VCP formed during Oct 2021 were not solid enough due to lack of time compression.
It experienced correction and recently have nice price/volume interaction with 3 contraction below:
C1: -15%
C2: -6%
C3: -6%
Let's monitor if this week will formed another C4 above MA50 or not.
Disclaimer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis . Trade at your own risk.
3A VCP Setup3A recent developed a VCP setup.
C1: -9%
C2: -8%
C3: -3%
Price breakout at tight area (C3) on 6 Oct and that is the first position. When price breakout, the volume follow through.
After the breakout, there is a 8 days natural reaction occur with volume shrinking.
22 Oct observed a tennis ball effect with volume follow through. Top up second position at 1.07. Let's see next week how it will develop.
Disclaimer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis. Trade at your own risk.
possible to break resistance if volume strong push price3A
- price above EMA 50
- baru breakout above triangle pattern
- price rebound above support
- volume up 2x than average
- Obv pointing upward
comment: watch out for continuation uptrend. entry near support for low risk trade.
risk: long tail in previous candle. price already near resistance level. boleh jadi harga reject level resistance jika momentum volume belum cukup kuat.
<TradeVSA> Stock Review & Update - 26 July 20191. Mitrajaya
2. Three-A
3. Naim
4. GDB
5. Ikhmas
6. Aemulus
7. RedTone
8. Tiong Nam
9. MSM
10. KUB
11. Pos
12. Salutica
13. Landmarks
14. Reach
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MFA Analysis - 3A (0012)Status: Weekly chart has triggered author's buy signal.
Target Buy: 0.860
Target Sell: 0.945
Cut Loss : 0.805
Author's Rating: 4/10
The information provided here is an author's general opinion only and neither purports nor intends to be, specific trading advice. The information should not be considered as an offer or enticement to buy, sell or trade. Always trade at your own risk.
(0012) Three-A Resources Bhd Trading setupTaking the recent monthly upthrust momentum, a 50-61.8% correction may happened to complete Cup & Handle Pattern.
Trading plan:
-Observe price whether any rejection happen when price correct to 50% (0.855). If yes, proceed next.
-Buy order (GTD 30 June 2019) at price 0.845; TP1 0.98(Exit 50%), TP2 1.10.
-Stop loss 0.77
-Plan valid till end of June considering the monthly chart time-frame setup only