AWANTEC trade ideas
Cup & Handle PatternAwantec is forming a perfect cup & handle pattern.
Expecting it will breaking up previous new high, around RM 1, and going all the way up.
Risk reward ratio = 2.2
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
Waiting for the BO -Price shoot up from 0.615 to a high of 0.895
-Under consolidation since the rebound of nearly +60% in 3 trading days
-The consolidation is seen healthy and can see strong accumulation support at 0.83-0.84
-Operator need to absorb all stale bull, weak holders , before the next push up !
-Waiting patiently ! =)
Traders Cut Lost after Reaching high of 0.89 today- Price rebound from 0.6 to 0.89 in 3 days ( + 48% )
- Operator absorbed most of the weak holders , traders and selling across the board.
- Note that after reaching high of 0.89 today, the price drop to intraday low of 0.805 and rebound and close at 0.83 !
- Advise from mentor , gui ren :
" Dont be like traders who cut positions mercilessly and at super speed ; Trade to loss; We investor buy to take profit '
PRESBHD (5204) a Bullish Trend that can't afford to violate.PRESBHD (5204)
Bearish Trend formation since September 2018
Bullish Trend formation since March 2019.
Recent price violated its Bullish Trend support.
Price now breaking out of its resistant to maintain its Bullish Trend Formation Status .
www.trendfollowingmalaysia.com
<TradeVSA> Prestariang back to support with StrengthStrength in the chart:
1. Accumulation
2. Spring at previous support
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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> Daily Stock Review and Analysis1. Poh Huat
2. Three-A
3. Duopharma
4. MRCB
5. DRB-Hicom
6. Prestariang
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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