HARTA trade ideas
HARTA - Looming Bullish DivergenceHARTA
Rst: 7.10
Spp: 6.60
Still in deep bearish mode but in the view RSI bullish divergence got enhanced in Daily and 4H chart, there’s tendency to see rebound play. Apart from technical, the stock is actually in pre-Covid rally level, will it loses its strength straight that soon?
HARTA - Trying To Bounce From SupportHARTA
Rst: MA50
Spp: 7.10
Arrived formidable support level at 7.10, with RSI starts to prop up & MACD done bullish crossover. Green candle formed today albeit not strong one affirms yesterday tweezer bottom, so there’s tendency to see rebound play in coming days.
Good Sentiments On Monday, TGLVY up 68.5%, RSI oversold reboundPersonally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
TGLVY up 68.5% on US Market will boost short-term sentiments on gloves sector on Monday. Short-term will rebound from RSI oversold position
Hartalega Position for Entry (LONG) Strong FundamentalPersonally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
Hartalega Chart Major Support & ResistancePersonally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
Harta - Immediate Support ZoneHarta - Immediate Support Zone (RM8.60-RM8.00), based on volume analysis
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(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk
Hartalega Chart Major Support & ResistanceTechnical Analysis
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
HARTA STOCK PICK FROM EXPERT 03012021
2021 STOCK PICK FROM EXPERTS
PURPLE LINE = STRONGER SUPPORT
RED LINE = MINOR SUPPORT
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
Hartalega Holdings - A Neutral StandstillIn this week ahead, the glove stocks are poised to receive shocks from the Malaysia's Parliamentary tabled response on the take of Malaysia 2021's Budget Reform.
This reform entails high fundamental risks to not only glove stocks but also other relevant stocks such as "The Renewable Energy Sector" as the budget pursues a wide variety of efforts to spearhead a conservative development on the companies recovery as well as in prevention of susceptible financial shocks within the country.
As seen on the chart, the support and resistance are drawn and matched precisely in accordance to the stock's historical transactional volume whereby the highs and the lows presented a box of a specific R-R gameplay for investors to look out for. MYX:HARTA