Hartalega dynamic cycle analysis. 15/May/24Hartalega still trending up to cycle high 4 ( purple ) which is only due at end of year by average (near yellow vertical dotted line) . So how "hi" can it goes?!
HARTA trade ideas
HARTA, Potential Buy based on AlgoSignal StrategyThe current price exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
HARTALEGA SHORT TERMbased on wyckoff map, this is to presume that current price action which taking place is buec
thus, i iniatied position on that assumption
Entry : 2.750
CL : 2.670
Take Profit( 2r) : 2.910
HARTA, what is the next steps?It was touch the FVG's gap and trade below Hull MA line.
What next ?
Look for next support @ 220 area?
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
HARTA - rebound area?Potential rebound play for Hartalega?
Blue uptrend line as support (broken consider GG).
Currently still trade below Hull MA (red). Best is stay above it (price 2.15).
Possible for operators to pump?🤔🤔
Will know soon.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Hartalega is forming contracting triangle. 15/May/23.Hartalega’s “the worst” is over. As it “start making profit “....But “bumper to bumper” road still ahead. P/s...For this it incurred a one-off impairment expense of RM347mil in 4Q of FY23 – dragging the company into the red for the full year with net loss of RM218.04mil, as compared to a net profit of RM3.23bil in FY22.
Hartalega. Good News! With new low! 3/March/23.Good News! With breaking new 52 weeks low, Hartalega is forming a ABC ( Red Circled) correction = it will take “shorter time” to break All Time High ( ATH). Instead of ranging e.g triangle/ double zigzag etc..
Hartalega. “Simple” dynamic cycle analysis. 21/Feb/23.Hartalega. For its past 3 dynamic cycle ( no. 2 purple) always near the blue vertical dotted line. So.so...So!!! Hartalega having “high probability” trending up until end of 2023 min for next cycle no. 2 (purple).
Seems in a consolidating range until .As shown in the graph we wont know which side Harta will breakthrough first , but ask yourself is the price at a meaningful level to be bought ? We shall find out in time
I believe it is a good price and nay lower would be an amazing lovely discount for me
Hartalega possible forming a triangle pattern. 18/Feb/23.Hartalega As Topglove And supermx possible forming a triangle BUT a variant as cup and handle or VCP pattern.
Hartalega. Yearly demand Zone. 9/Feb/23So!...it’s very obvious that HARTA yearly chart much more “clearly/beautifully” compare to Topglove yearly chart as it had a very “big bar 2 (Cyan/blue) and its 2022 yearly chart just “seat” above demand Zone!! P/s..Following my previous chart on Topglove, I will be giving further analysis not just about Topglove but health index , glove index which comprised of Topglove, hartalega, Kossan, supermx plus each individual stock’s major yearly demand Zone. Traders can “manually” “eye scanning” any charts in any time frame. Especially higher time frame e.g weekly, monthly, yearly etc to check how “reliable/ strong “ those demand Zone..
HARTA Short term price peak show in 5 minutesTransaction today shows high volume at the day high with price maintained in the same range .
This shows the price is reaching the price peak with potential selling pressure coming in.
Based on our analysis, next trading day price will not sustained at the high side. Price might fall after morning price hike.
Harta Simple Chart AnalysisPossible to form a double bottom here? Going down like this should have investor/trader cutting off their losses. Give your comment on this. What do you think?
Selling pressure is in HARTA
*refer to the image link*
Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher.
This indicates the big boys have no intention to mark the price higher & a price retracement is on the way.
High volume price down happens around 11:40 & 12:15 shows the selling pressure is in.
We see a few glove makers are having the same price & volume movement. Today shows the first day of high volume sell down within the day. We expect price retrace in the next few days.
HARTA long term bullish reversal w/ confirmation. 30/Sept/22Harta have long term bullish reversal setup with confirmation entry! Harta’s stock price By breaking wave b (cyan) the subwave of last impulsive leg down which is wave (v)(Red) confirmed a reversal signal for down trend Since August 2020...P/s people asking if you are so good why just don’t “keep yourself?!” R u trying to show off? Selling signals or looking for investors? Not at all. As we know, 1 ways to improve our trading, traders is to write down their “trading journal” instead of “keeping myself “ I write down AND Let “the public” to be “my judge” would be “more motivated “ to correct my mistake..
Harta. Where is its demand / base/stop? 16/ August/22Harta’s previous major demand / base / stop was created on 3 August 2015 monthly bar as shown on chart.
HARTA. Finding its ying/Yang force with channel. 14/July/22. HARTA. Today I gonna “bullsxxxing” a “myth” about ying ( seller force ) , Yang ( buyer force ) AND neutral force ( median line of parallel channel) again “represented” with parallel channel. P/s Since tradingview “free user” don’t have enough data feed. I have to “superimposed image” by using 3rd party apps to have more “history data” for “whole view” of its chart where it is still publishable in tradingview.
Harta’s “base” maybe @ around Rm2.37. 19/ June/22Disclaimer : All past, present, future chart analysis are for illustration, research, studies purpose ONLY.. Harta/ Hartalega May still yet to found its “footing/base” at around Rm2.37-Rm2.38..before having “very deep” “pullback “ from downtrend .possible reaching @ around Rm15..
Harta. fundamentalist should learn how to read chart. 10/May/22Harta. Just posted a “quarterly earning in lost” for the 1st time in “history”! since it was listed. So...so..Sell the “news”? Or buy the “rumors”?..Most Traders/ Investors Trade based on “news”.. if they can’t read one. They “create” their own ..falling into “own illusion “ just try to “ convince “ themselves to buy certain equity with their own “bias”...We’re not the boss or the directors of the listed company..Whatever “balance sheet” presented is sometime/somehow is for xxxx only....chart reflected the “hidden agenda”.. News is just “the timing”....Doesn’t matter is good/bad fundamentals news...
HARTA possible drop to around RM4.38.. 12/Jan/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
HartaRebound strength getting strong and had failed the sell signal at RM5.74
VT Stock indicator is a stock breakout trend indicator for identifying the change of Mid to long term trend direction
(Disclaimer: for demonstrating own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
HARTA may done long term correction. 29/Oct/21HARTA may completed its running flat pattern abc (green).. at RM5.440 where wave c (Green) price stalled at :- 1) Lower Trend Line ( Cyan/Light Blue Dashed) of wedge pattern/Ending Diagonal Pattern 2) Major Weekly Demand Zone (Cyan/Light Blue Slim Rectangle Box ).. Daily Chart might form a triple bottom where price will come close to RM5.550 before resuming up trend...Cut Lost for the long will be at RM5.440.. Target Profit is above RM20.00
HARTA - Trend Reversal Coming?HARTA
Rst: MA50
Spp: 7.10
Breakout from descending trendline is being enhanced by another green candle, rise above another resistance 7.10 as well. With the facilitate of improving indicators, there’s tendency to see another breakout attempt at MA50 trendline.
