ANNJOOMYX:ANNJOO
UPTREND
WAIT FOR SLOW TURTLE BREAKOUT TRADE
MCDX+ TURN STRONG
FIFT +VE RECHARGE/
ATOM BUY
ANNJOO trade ideas
Short Term Accumulation Has Achieved Its PnF TargetDespite steel catalyst has booming in the market recently, we opine Ann Joo potential of accumulation has achieved it TP target.
It needs further solid catalyst and earning visibility.
Sideway1. Waiting to buy at support and target at resistance
2. Prepare if breakout on resistance happen
ANNJOO: Potential BuyMonitor to buy upon breakout above 0.75 with take profit target at 0.785, 0.85. Cutloss if fall below 0.725, last defense 0.68.
AnnJoo volume is forming Higher Low+Anjoo is forming Higher Low
+Breakout and Buy signal appears after 2 weeks of consolidation
+Nice Risk Reward Ratio (SL below 0.66 , TP 0.95)
+Volume exceeded average high, FiFT +ve is improve.
+Stochastic Heading up.
{SWC}——ANNJOO, Well SupportedThank you for your continued support :)
Strategy: Trend Line Strategy
Bias: Bullish, Annjoo tried to breakout the short term downtrend but failed on 20 Jan. After two day recharge, Annjoo is well supported above the uptrend line.
If the share price continued to be moving along above support line, SWC believes Annjoo will have positive movement in the future.
The short term next direction should be RM1.35, provided the share price stands firm above the immediate resistance RM1.31.
S: 1.22, 1.18
R: 1.31, 1.35
If you find this idea helpful, kindly drop us a like and leave your comment! Happy trading, Happy Chinese New Year, Huat Ah!
EASY123 Prediction @MYX ANNJOOLife is simple...Trade with Simplicity!
*The trend direction: Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal (White bar) sighted on 06-Dec.
*Price tested the lifeline (Redline) & close above.
*The Bell alert appeared on 13-Dec, a signal continuation of momentum.
Prediction: Correction #1 back to S1 & Worst to S2. Eyeing rally to start the Wave#3.
Preference Strategy: Swing trading (Buy/Sell Signal)
Target Price: Protect your profits at the respective Resistance levels.
Cut Lost: If broke below the respective Support levels.
*Reminder TP & CL is always an individual preference & decision. No fix rule or guideline for it.
<TradeVSA> Pullback completed for Steel ? 1. Lion
2. Masteel
3. Ann Joo
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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> Update for Steel CountersCounters:
1. Lion
2. Masteel
3. Ann Joo
Further pullback to support
Hit the "LIKE" button to support us :)
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> Daily Stock Trade Ideas - 14 June 20191. Sino
2. Aemulus
3. London Biscuit
4. MI
5. POS
6. OCK
7. Prestariang
8. Carimin
9. Ahmad Zaki
10. N2N
11. CSC Steel
Other
1. Ann Joo
2. Masteel
3. Lion
4. Techfast
5. Elsoft
6. Dufu
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> SSteel vs. Lion vs. Masteel vs. Ann JooSignals in the chart:
1. Failed breakout
2. Closed lower support and back to accumulation
3. Downbar with low volume
4. Moving sideways in the accumulation
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
Ann Joo Trading IdeasTrading Ideas for Ann Joo
Short Term TP 1.880
Swing TP 1 at 2.010
Swing TP2 at 2.24
Support 1 is at 1.710
Support 2 is at 1.630
