ADVCON trade ideas
ADVCONADVCON currently in phase C of Wyckoff accumulation #1. It's still in spring and price may go up and test the support area 0.335-0.345. This test is important so that we can confirm that the price is ready to go up.
Based on Elliott wave analysis, price now in the early wave 3. I predict that the price will go up to 0.740 to complete the wave 3 then correction to 0.575 (wave 4) before continue to go up until 0.900 (wave 5).
ADVCON Target LONGTA
There is two possibility here where price will react before continue to climbing up. But for me i will be waiting at the lower demand area because if refer to structure it already break the nearest HL and unable to break HH. If price able to break the 1st demand area then wait for reversal or buy structure form at lower demand before enter market. Else if fail to break then can look for buying opportunities at the 1st demand.
FA
PE = 13.99 (still can consider under value)
DY = 1.58
QR = 2.2M
AR = 2.2M
#ADVCON#kongsirezeki
Pendapat & pemerhatian di atas hanyalah pandangan peribadi saya untuk berkongsi & belajar dan TIDAK harus dianggap sebagai 'CADANGAN BELIAN "
Beli Adalah Risiko Anda Sendiri (BARAS)
"Harga saham berubah setiap hari oleh kekuatan pasaran.
Dengan ini kita bermaksud bahawa harga saham berubah kerana penawaran dan permintaan.
Sekiranya lebih ramai orang ingin membeli stok (permintaan) daripada menjualnya (penawaran),
maka harganya naik. Sebaliknya, jika lebih ramai orang ingin menjual stok daripada membelinya,
akan ada penawaran yang lebih besar daripada permintaan, dan harganya akan turun. "
top 20 jewel series : advance conthis is given by local bank, a top 20 jewels...
fundamental : I don't know...
technical : let's look at some price action...
still in tight range trading after "The Big Fall" in mid March this yr...
support : RM0.255
resistance : RM 0.455
waiting for a a=breakout abv the previous high to confirm further uptrend...
now either wait for fall back to the strong support at Rm0.255 or any reaction to retest the high
this is juz a trading idea...trade at your own risk
plz like and share...
ADVCON - Searching For Immediate Support To Bounce Off AgainOpportunity and Risk
DISCLAIMER: This technical analysis is for educational and informational purposes only. It is based on my personal view of the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analisis Teknikal ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
<TradeVSA> Another Pullback in AdvanceconStrength in the chart:
1. Re-accumulation with shaekout
2. Line Change above Up-Thrust
3. Average volume with narrow bar
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
<TradeVSA> No Seller In AdvanceconStrength in the chart:
1. Confirmation on accumulation
2. No Supply after break out
Send us your preference stock to review based on TradeVSA chart by comment at below.
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
Pullback Completed by AdvanceconStrength in the chart:
1. Pullback in downtrend
2. Lots of strength in the support
3. 18LC + Pullback
4. Pentagon Buy signal
Send us your preference stock to review based on TradeVSA chart by comment at below.
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