AZRB - Potential price movement analysisAZRB 1D,
Y wave, target (E) within stipulated time. The price must break 52w high to reach this target (E), indicating the potential bullish breakout.
N wave with E, N, V & NT projection. Since the price is below up Kumo, a strong bullish momentum is required to break through identified resistance levels.
R1 - Tenkan sen
R2 - Kijun Sen
R3 - 0.295 (Senko span B
S - 0.23
AZRB trade ideas
AZRB breaking resistant???Time Frame: 4H
Sentiment: Overbought
Forecast: Bullish
Bar price action and the volume, showing buyers' power increase.
expecting it can break the resistant level 0.35 and hit 0.455
Write your thought in the comment session :)
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
AZRB is Forming Triangle PatternBased on the chart, it looks like the stock is likely to form a triangle pattern. We can see that the volume is decreasing during the convergence period. Besides that, the stochRSI for daily and weekly chart is equal for about 25%. The stock is likely to move upward if it breaks above 0.265.
TUTORIAL: COMBO BREAKOUT FILTER WITH MACDExample: AZRB
6/6/23 MACD already crossed up. 7/6/23 Filter 3 had appeared. When these setups happened,
it indicates strong breakout signal and suggests a potential strong upward momentum.
This combo can act as a double conformation before we make a long position. TAYOR
AZRB 19 DISEMBER – POTENSI TINGGI TERUSKAN KENAIKANSektor: Construction
Sub Sektor: Construction
Status Indeks: Breakout 185.42 dan meneruskan kenaikan (uptrend)
Status Fundamental: -
Trading Plan:
Target Price 1 (TP1) - 0.33
Target Price 2 (TP2) - 0.38
Strong Support (SS) - 0.28
Cutloss ( CL ) - 0.265
Komen 1: AZRB dalam keadaan uptrend dan sedang buat HL setelah breakout R2 dengan high volume . Candle selepas breakout pullback dengan low volume .
Komen 2: Berjaya break down trend line . Analisis moving average dapat dilihat MA20 & MA50 dah mula cross ke atas MA200 (menunjukkan reversal dari downtrend ke uptrend).
Komen 3: MACD positive (biru atas merah). Histogram hijau membesar. RSI dan stoch dah overbought (terlebih belian). Akan membuat retrace di sekitar 0.27 sebelum buat kenaikan semula.
Boleh ride the trend untuk short/medium/long swing.
** Penafian: Hanya untuk pembelajaran dan tujuan kajian sahaja. Tiada 'buy call' diberikan.
** Selamat berdagang!
AZRB, no trendDont made your chart analysis so complicated.
Just follow the trend. If it want to go up, it will go up for certain period of time.
After standing above 0.26 we look back. Otherwise, forget about it.
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Disclaimer: Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades. If you making money from my stock review, just donate portion to charity.
AZRB 7078 akan meneruskan pendakian?AZRB meneruskan pendakian hari ini apabila berjaya memecahkan harga syiling pada 0.435.
Seperti yang dijangka, untuk hari ini, pendakian sudah sampai ke kemuncak pada harga 0.455. Jika AZRB mahu naik tinggi lagi, perlukan volume melebihi 52 juta dengan buy rate perlu kekal di atas paras 60%.
Kajian saya hari ini, harga AZRB akan kekal seperti berikut jika volume tidak melepasi 52 Juta dengan buy rate lebih daripada 60%
Jika harga kekal di atas 0.420
TP1 0.425
TP2 0.455
Jika harga kekal di bawah 0.455
CL1 0.450
CL2 0.410
Untuk esok, jika buy rate maintain atas 60%, untuk melepasi 3 bid, sekurang-kurangnya perlu ada 2 juta volume.
Analisis untuk esok:-
Jika harga kekal di atas 0.455 (buyrate >60%)
TP1 0.460 (800 ribu volume)
TP2 0.490 (16 juta volume)
Jika high price esok hanya setakat 0.475 (buyrate <50%)
CL1 0.465
CL2 0.430
Untuk esok, harga akan bermain di area 0.430-0.490. Jika volume melebihi 50 juta dengan buyrate kekal di atas 60%. berkemungkinan akan pecah 0.495.
desclaimer: Ini hanya analisis peribadi penulis. Saya sarankan anda lakukan analisis menggunakan teknik anda juga sebelum menjual dan membeli sesuatu stock.
AZRB - Healthy Reversal But May Face Hard Resistance Laburlah Technical Coverage (07-JUN, Thursday):
AZRB
Technical Analysis Breakdown
1. Trend: Technical rebound
2. RSI & Stochastic: Reversing
3. MACD: Reversing
4. Resistance level 1: 0.445
5. Resistance level 2: 0.62
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.