DSONIC trade ideas
DSONIC BoomDSONIC has broken through 50ma, After this it has to break the major resistance at 0.6 and also strong 200ma resistance.
EP: 0.55-0.57
DSONIC Technical AnalysisIdea above is analyzed based on technical analysis, please trade at your own risk
DsonicIs it doing a retest and waiting for a rebound???
Or will it break the support line and keep going downtrend???
The chips between 0.52-0.535 are critical.
EASY123 Prediction @MYX DSONICPrediction: BOX/Sideway Pending Breakout immediate R0.580 (Rally when it breaks 0.600)
Target Price: R1=0.63-0.66, R2=0.73-0.78, R3=0.84-0.88
Support/Cut Loss: S1=0.54, S2=0.49
*Trend direction: BOX Pending Breakout - Rally when breaks R0.600
*Yellow-Diamond( BT ) have appeared on 18 & 25-Nov, an indication of the bottom.
*Price breaks, stand above on 07-Dec & supported by our Lifeline (Redline), an indication of an uptrend.
*Candle has turned from Red to Blue color on 04-Dec, an indication of Uptrend reversal.
*Power volume (Red volume ) appeared on 22,23-Oct & 4,7-Dec, an indication of the presence of big players.
*Disclaimer: This is not a Buy or Sell suggestion but solely sharing the information...Trade at your own risk.
*Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it.
*If you have any interest in the signal template, feel free to drop us a message.
Signal's Interpretation:
BUY Signal:-
*BT-Yellow-Diamond = Bottom reversal signal.
*Green-Upward-Triangle = Potentially a Bottom signal.
*Blue-Candle = Market at Uptrend sentiment.
*Candle color changed from RED to BLUE & Candle stand above the lifeline (Redline).
SELL Signal:-
*Red-Dot = Potentially a Top signal.
*Yellow-Dot = Potentially a Top signal.
*Red-Candle = Market at Downtrend sentiment.
*Candle color changed from BLUE to RED.
Dsonic #bgtradingBreakout downtrendline
breakout R1 at 0.565
TP at 0.635, 0.665
SP at 0.550
R : R -> 5% : 8%, 13%
DSONIC: POTENTIAL TESTING 0.625 IN SHORT TERM?DSONIC ALREADY BREAK THE TRENDLINE. BASED ON PRICE ACTION VIEW, IT WILL TEST 0.625 ZONE IN NEAR TERM.
TAYOR!
DSONIC - Testing Support and Pending More Signs of ReversalPlease consider your own interpretation of Opportunity & Risk:
Green Arrow (Transparency = 0) = Representing Main Price Path
Red Arrow (Transparency = 0) = Representing Main Price Path
Green Arrow (Transparency = 30%) = Representing Alternate Price Path
Red Arrow (Transparency = 30%) = Representing Alternate Price Path
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
DSONIC - Consolidation at Key Supporting ZoneDSONIC
Rst: 1.20
Spp: 1.03
Has arrived key supporting zone (the squared area), there's likelihood of kicking technical rebound from this zone.
DSONIC WILL REBOUND IF PRICE MAINTAIN ABOVE RM0.975Based on the chart pattern, I can see a good doji today (11.9.2020) to do a reversal from downtrend to uptrend.
Price be maintain above RM0.975 to do rebound for this counter.
Dsonic- Building an Ascending TriangleDsonic building a ascending Triangle.
Will it breakout higher to potentialy give a reward of 4R?
DSONIC 5/8//2020DSONIC looking promising, forming a nice triangle at the moment...will continue to observe the movement...breaking above 1.520 will be great.Otherwise, wait for it to fill up the triangle first.
DSONIC Technical AnalysisThe prediction above is done based on technical analysis. Please trade at your own risk.
DSONIC - Potential spring setupHI,
A spring is where price breaks below a support level then rises again and moves up, which is also known as false breakout. It is best traded in and uptrend and not in a downtrend.
Here we can see price is in uptrend for few months. The horizontal line 1 is a support line and has managed to support price at bar A and B. On 19th July (green arrow), price broke below this support line on average volume, and the next day it make little progress downward. This created a potential spring and today 22/7/2020 price move back up above line 1 with a wide upbar.
In the chart also there was another spring formation recently (black arrow) that resulted in price moving up following the spring.
Im looking forward for price to go up at least till the recent major high.
Trade at your own risk, comments are welcomed
DSONIC - Long Term PotentialOpportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
