DATAPRP trade ideas
Dragon Never DieHeikin-Ashi triggered a BUY signal on 14th April (First red bar appeared) before the price spike.
However, it is still below the Ehlers Instantaneous Trendline at the moment although it had break the resistance of 1.69 accompanied by a higher than average traded volume today. The price might move along the "dragon whiskers"? who knows lolz
***Lacks the fundamental (Latest QR with YoY - 35%); it is more of a speculative goreng stock.
Tiada lagi laungan KompangThe attempt to break out above the Fibonacci barrier have been met with reversal as the share plummeted below Support 1. Hence, the price could drop lower to Support 2 at 1.97. If the price could breach below Support 2, there will be no barrier for further price drop towards 0.65.
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DATAPRP RM5 ? or END GAME ?Hi there, this is what I have found based on the price reaction.
1. As far as we can see, apparently the last day before closing session... the previous low has been broken which indicates the probability of price to change direction from uptrend to downtrend.
2. Monster pattern appears which indicates the probability of price to continue going down before reaching the probability of reversal zone.
Well this is only 2cents view of mine. And must always expect the market will always against us.
Do your own research before buy/sell. Trade on your own risk.
All the best traders !
Tersangkut di Puncak?DATAPRP - The price structure remains bullish, however today the price reacted at Fibonacci barrier at 3.81. If the price could close below Support 1 during the day, the chances to drop to Support 2 is high. However if the price violated Support 2, then technically the Bearish movement could begin.
Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.