FIHB trade ideas
FIHB Currently In The Overbought TerritoryLooking at the chart and using the Williams %R indicator, we can see that the stock is currently in the overbought territory, with a reading of -3.33. This suggests that the stock may be due for a correction or a pullback in the short-term.
However, we can also see that the stock has been on an uptrend, with the price breaking above its 52-week high of RM0.68. This suggests that there may still be some bullish momentum left in the stock.
Therefore, for short-term trading, it may be best to wait for a pullback or a correction before considering a long position. Traders may also want to keep an eye on the Williams %R indicator, and look for a crossover back into the oversold territory as a potential entry point.
Overall, it is important to have a solid trading plan and to manage risk appropriately when trading stocks in the short-term.
Possible technical outbreakBoth green lines form a triangle squeeze
Monitor closely, if a strong green bar appear and crossing up, is a strong buy signal.
Suggest entry price 0.595
My first TP will be 0.72
Cut loss if anything go lower than 0.52
Risk reward ratio = 1.7
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
FIHB GOOD ENTRY AND BEST ENTRYFIHB is home furnishing company. Profit for last quarter is 4mio and also profit in the previous quarter.
seems to breakout at 0.65, however, the price is to retrace at 0.55 (good entry) with low support and continue retrace till the best entry at 0.50
good luck and happy trading
Kaunter Kajian FIBHKaunter FIHB telah pun berjaya menembusi DTL 4 Tahun dan juga telah berjaya memecahkan Overhead Resistance di 0.500 petang tadi. Di jangka esok FIHB akan menyambung kenaikan sekali lagi.
Persoalannya mempukan FIHB mencapai paras 0.635 sekali lagi pada esok? Sekiranya gagal menembusi harga 0.635, FIHB akan turun sekali lagi dan mengumpul kekuatan sebalum mencuba sekali lagi (alamak..banyak pula sekali lagi adehh..
Sama-sama kita ikuti rapat kaunter ini esok.
Ini bukan BUY CALL na..sekadar kajian daripada seorang newbie saham
<TradeVSA> FIHB formed Spring and Line Change in hourly chartStrength in the chart:
1. Spring with support
2. Line Change with high volume
3. Green Pentagon signal
4. Formed narrow spread bars with low volume after line change
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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
