ADVENTA trade ideas
ADVENTA BOD
Kelihatan seperti akan berlaku BOD setelah tidak berjaya memecah RESISTANCE 1.40.
Tiga kali percubaan untuk memecahkan RESISTANCE namun tidak berjaya.
Ini menunjukkan RESISTANCE yang kuat pada harga 1.40.
Stoch RSI juga menunjukkan kaunter berada dalam keadaan OVERSOLD.
Kemungkinan harga akan cuba untuk naik kembali
EP = 1.48
CL = 1.39
TP = 1.69
S1 = 1.40
R1 = 1.70
#MaherSaham
#TheDarkTrader #TDT
VCP Analysis for ADVENTAMA50 and MA200 are moving up and MA50 is above MA200.
Typical type VCP Pattern share.
from technical analysis, it is recommended to buy but however from fundamental analysis, director have no integrity in 2017 during selling process aspion group to top glove bhd. Although it have been settled nicely in the end, but it leave a bad image for value investor. During before selling aspion group in 2017, i saw their annual report the non-related party transaction got stated director using company money to trading buy gloves from aspion group. It makes company profit very low in most of the year.
Disclaimer: This analysis is solely for my own reference and learning purposes. Trade at your own risk
Past Trade - AdventaStrategy: Enter on Up trend Breakout or confusion period ends. Confusion period estimate last two weeks.
Due to portfolio over sizing, didn't wait patiently during 1.10 entry
Target Entry 2.30, Cut Loss 2.05
Check on RSI and MACD as well
Adventa-Entry price at 0.935 with stop loss set at 0.80.
-Attractive risk reward.
-Market Sentiment of Medical and Glove counters are in hot demand.
-Trailing stop to capture the trend.
-PPE business with high demand during Covid-19 outbreak.
-Expected better QR in Q2 with PPE business come in after middle of March 2020 during the sudden increase of covid-19 case in Malaysia.
ADVENTA - One More Tier To GoADVENTA
Rst: 1.36/ 1.48
Spp: 1.26
Adjusted my Fibo projection, today closing is right at resistance 1.36, still another tier at 1.48 to complete 100% projection.
ADVENTA SHORT TERM BULLISH 15min chartSidway in action waiting for the breakout.
Target price to be 0.990
Recording Trial for Breakout By looking at block transaction, we can see big money trying to push or dump stock...
