GUH trade ideas
weekly GUH Holding bhdIdea weekly untuk GUH holding Bhd (Bursa Malaysia)
1. Uptrend (keep it simple and clean)
2. bullish divergence pada weekly tf (long journey) + profit making company quarterly, yearly consider recovery
3. volume play
4. huge double bottom (zone demand)
add on
* entry level depend on risk and objective invsesting (long term - consider ma50 and 200 as support weekly tf)
GUH VCP PredictionWould like do predict GUH upcoming movement based on chart pattern analysis. Chart always our best insider. I have done this for several stocks such as CIMB, GREATECH, can see previous idea link in below.
GUH formed C1 where major correction occur due to profit taking/cut loss for those that chase high.
Price/Volume observed coming back on 24 Dec 2021 and this caught my attention and then price experience natural pull back and form C2.
Predict the movement to go for another pull back and form C3.
Then breakout C3 and surge for new high again. Let's see.
Disclaimer:
Not a buy call recommendation. Just technical analysis sharing based on my personal experience in chart pattern study. Trade at your own risk.
GUH in ABC formationFrom a swing low at 0.440 and swing high at 0.800 (52wh), the price retraced to 0.495 which is about fibo786 and ema200 levels. At present, the price is attempting to cross 0.540 which is a yearly pivot resistance. The probable EP is 0.530 which is a retest of 4h pivot and ema200 and the probable TP would be at 0.625 which is fibo50 and daily central pivot. Probable CL would be 0.470 which is below the 0.465 yearly support. This is not an investment call but for sharing and study purposes only.
<TradeVSA> How to Deal Weakness in the ChartSign in the Chart:
1. KARYON
- High volume UT in Weekly and Daily Chart
- No confirmation on UT yet
- Sideways re-accumulation
2. KPOWER
- Changes of trend with high volume
- Accumulation
- Green Pentagon crossing 20/40ma
3. GUH
- High volume UT in Daily Chart
- NS as support
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
GUH - Pre Consolidation BreakoutTHIS IS NOT AN INVESTMENT ADVICE. TRADE CALLS ARE NOT PROVIDED. INFORMATION SHOWN ARE FOR TECHNICAL ANALYSIS PURPOSE.
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. 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.
GUH - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
NO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. 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.