Will ECOWLD wake up soon?Its been quite sometime, will ECO WORLD wake up from its long sleep?
MACD: line crossed signal line
BB: is shrinking, waiting to explode.
Stochastic RSI: in the area.
ECOWLD trade ideas
Using Chart Pattern to predict price movement to RM0.600ECOWLD opened with a gap up opening price of RM0.410 and continues steady and rapid rise to RM0.540. Currently, a slight retracement of price to RM0.535 and I would expect a further correction of price to lowest of RM0.475.
For the this purpose of analysis I would set RM0.475 as the strong support line for our chart to follow PENNANT / FLAG pattern.
If the traders maintains the price above RM0.475 with strong volume of higher than average daily traded volume for the past 1-2 weeks, we should expect the price to move up back to RM0.540. If the trends is supported with increased buying pressure, our target should be RM0.600 in the coming days if not weeks.
Current Price: RM0.535
Support Price: RM0.475
Target Price: 1-RM0.600 2-RM0.660
Remember to trade with care. Please follow your own trading plan and risk tolerance level.
EASY123 Prediction @MYX ECOWLDLife is simple...Trade with Simplicity!
*The trend direction: Trend reversal from Down to Up. (Must not break the S1 to maintain the trend)
*The Bottom signal ( BT ) sighted on 22-Nov.
*Price tested the lifeline (Redline) & close above it.
*The Bell alert appeared on 17-Oct, a signal continuation of momentum is coming.
*The Star alert appeared on 17-Dec, a signal of strong buying momentum.
Prediction: The immediate hot-chase (Red-dot, above the candle) will result in the correction/pullback to/nearby the lifeline (Red-line). Once completed the correction, will rally to next Resistance.
Preference Strategy: Swing trading (Follow the Buy/Sell Signal respectively.)
Target Price: Immediate RM0.88-0.93 & 0.995
Cut Loss: If broke below S2 Support RM0.62
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
ECOWLD (8206)Last trading price at RM 0.780.
Banker chip reached 5 years highest level since last week. If price can sustain above RM 0.740, will expect bullish movement toward RM 1.00 price level.
Target - RM 0.900 - RM 1.00
Cut loss - below RM 0.680
Disclaimer: Analysis or results above are solely based on personal opinions. Trade at your own risk.
ECOWLD BUY/LONGIni adalah apa yang anda memanggil saham pancingan dasar (Bottom Fishing) dengan pelarian trend yang sempurna. masa yang sesuai untuk mendapatkan dalam saham ini kerana nisbah Risiko dan Ganjaran yang baik. Sesiapa yang mendapat sekurang-0,640 / 0,650 anda (S1) pada 0,630 dan (S2) adalah pada 6.40 (RS1) 0,730
Ecowld 8206 - Potential Breakout from Falling WedgeEcowld (8206)
Potential breakout from falling wedge (Long Term), descending triangle (Mid Term)
High volume accumulation in sideway consolidation zone from 625 to 685
Bullish divergence in a downtrend (MACD)
Trading Idea:
Enter when the price breakout from falling wedge resistance line with high volume
Average up when the price breakout from sideway resistance 685
CL if the closing price is below 625
TP at 90 cents
ECOWLD - In The Midst of Testing Crucial ResistanceLaburlah Technical Coverage (21-MAY, Monday):
ECOWLD
Technical Analysis Breakdown
1. Trend: Bullish/ testing MA200 soon
2. RSI & Stochastic: Bullish
3. MACD: Bullish
4. Resistance level: MA200/ 1.38
5. Support level: 1.29
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
