ASIAPLY is going to complete Correction soonResistance at RM0.225/0.235 , i predict this will go to Wave 3 soon
ASIAPLY trade ideas
ASIAPLY WAITING FOR GARTLEY COMPLETEMy Prediction it will Drop around 0.786% Fibo retracement (0.155-0.165) to complete Gartley Pattern.
Possible Entry at point D and CL next Fibo 0.886% or 10% risk which is lowest.
#TAYOR MYX:ASIAPLY
Asiaply going to fly?Based on my analysis asiaply already break short/mid term dtl and price is side way between 21 - 22 sen. As many other traders mention divergence have been spotted recently. So its good to put little or in your WL stock. Support 21/20.5sen where as nearest resistant is 26.5. Good luck and happy trading.
Bullish Divergence spotted on ASIAPLYBullish divergence spotted on ASIAPLY chart.
RSI ribbon(Green) start to trending up.
RSI is making higher High while price is making lower low.
Trade At Your Own Risk.
This is NOT a BUY/SELL call.
ASIAPLYPrice currently rest on top of EMA50 daily..if price can sustain at this level and close above EMA50 at timeframe 1HR, possibility to going up
asiaply big picture (weekly)everything still looks good. price still in upper bb. small retracement probably due to stoch being overbought.
spt .= 33. rst =.40, .44, .50, .60.
ASIAPLY BIGGER PICTURE = ROUNDING BOTTOM?MYX:ASIAPLY
UPTREND
SLOW TURTLE BUY ON BREAKOUT
FiFT SPIKE UP +++ BULL RECHARGE
MCDX+ BANKER 62%
ATOM ABOVE RIVER AND START EXPANDING
ASIAPLY - Symmetrical Triangle SetupASIAPLY - Business turnaround, from loss to exceptional profits. It specializes in cast acrylics sheet manufacturing for various industries globally. Fundamentally promising
Symmetrical Triangle formation , with a longer term view of a rounded bottom forming.
Key EMAs squeeze , potentially breakout
Stochastic RSI Golden cross with Higher Lows
MCDX + Banker Strong , FiFT Green
Major Shareholders also buying
Taking into account if earnings remain consistent :
4 mil PAT
FPE 15 Target of RM 0.80 (over +113%)
FPE 20 Target of RM1.07 (over +185%)
Points of Interest :
R1 0.385
R2 0.430
R3 0.505
S1 0.365
S2 0.350
ASIAPLY AnalysisDisclaimer: This is not a buy call but for learning purpose
Technical Analysis
Price above MA20
Volume is OK
Potential rebound at support line
RSI around 50
ASIAPLY Daily TimeframeBroken up 'Mother of all Indicator' and also DTL = what else are you waiting for?
Swing trade for calm mind
ASIAPLY Daily TimeframeBroken up 'Mother of all Indicator' and also DTL = what else are you waiting for?
Swing trade for calm mind
ASIAPLY bias upsideBy looking at Fibo, the price nicely rebound at 0.618.
If ASIAPLY successfully able to cross up and exit Ichi cloud, ASIAPLY have the potential to go up.
Last QR result on 25-feb is excellent with QoQ +174% and YoY +602%.
Accumulation finished for next leg up1)PP at 0.415 to expand business
2)Operating at max capacity for production
3)Covid will be an endemic so demand for their product will be stable for awhile
4)bullish divergence with positive ADX cross over and a double bottom forming.
5) Owns a Biogas company will likely have a bullish future in the renewable world.
This will pop hard on the break of this trend line and it is the best time to get in .
AsiaPoly (MYX)Have to close above yellow box for a chance of reversal. Green boxes are the catch knife area if it comes down
ASIAPLY - WILL FELAII AGAIN ??Technical Thoughts
Mode of Entry: Swing (6-12 months)
1) Price at demand zone - good cushioned there
2) CL tipis
3) Potential breakout if supported by volume might influenced the change of trend
4) Sector sentiment
-Heil_Z-
Charts fell downYou can see the charts went down after the line for MA 9 cross with MA cross line from 3.25 to 3.10.
This indicates that when the line cross, you should consider to sell the stock in hand.
ASIAPLY BOUNCE AND FLYWait for the price to reject at Green Zone area and its the best opportunity to re-join the buyers.
