HEXTAR trade ideas
HEXTAR: IMMEDIATE TARGET 2.3 Price manages to make new ATH with pure breakout.
Immediate target: 2.3 (symmetrical triangle vertical target)
Current RBS is 1.93, previous ATH, if monitor closely in H1, RBR demand zone is seen at the same level. Worth to monitor for pullback at that zone.
*Personal opinion, trade at your own risk*
HEXTAR VCP AGAIN!! HEXTAR was one of my best trade in 2021 with a compound % gain of 74%!
All 3 trades back then in 2021 were just using VCP. You guys can see the link below that i shared last year Jan 2021, July 2021. I didn't share on TradingView during November 2021 setup but I do trade and update members in my weekly stock pick.
AGAIN, VCP is developed since April 2022 with 4 contraction below:
C1: -25%
C2: -12%
C3: -5%
C4: -5%
HEXTAR start caught my attention during C3 area after QR was released. C4 looks rigid. The price/volume setup was crispy. Let's see.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
HEXTAR - NS Signal near Support LevelSign of Strength in the chart:
1. Shakeout completed
2. Re-test support successfully with NS signal
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
Hextar Global - Brusa MalaysiaSelling zones for CO due to super high volume in middle and high range. If its bullish the demand should have higher volume at the bottom cos its accummulating. This looks like distribution character.
Bias to the downside preferred with target 1.280. SL 1.620 local high for invalidation.
Post-Trade Analysis8% profit
-price dah sampai 15% dari BO place
-ADR (volatility),
drop from green to red line (range 2.5 - 2.9)
indicate supply = demand
-RSI>50 = strong uptrend momentum
-RS>0 = strong stocks compared to FBMKLCI
characteristics:
1st drop < 35%, last low cheat < 15% from top
monitor closely when it has small range,
Remember: volume come first before price!!
bukan supply test: if long uppter tail,
tapi bukan at resistance area/zone
<TradeVSA> Continuation in Trend for HEXTAR ?Sign of Strength in the chart:
1. Reaccumulation with Pocket Pivot
2. Positive Market Stages with Support
3. Green Pentagon with Spring as Pullback
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
Trade for ContraLooking Good to take from the reversal . For KLSE stocks intra day and contra day trading for Target and Stop loss
Text me in whats app +91 73138 16218
Since its commencement in 1985, the Hextar brand has been marking its place as one of Malaysia’s foremost agrochemical companies. Today, the Hextar Group is a leading crop management solutions provider, both domestically and globally, thanks to its specialised agrochemical products supply chain. From research and development, to manufacturing and distribution, Hextar has consistently provided new and improved superior agrochemical products to its customers.
Remains BullishHextar has been a one-year-rally. However, the share has been working lower for a pullback from ATH at 1.35, forming a pennant pattern. A breakout above this pattern suggest that the continuation trend is intact and the price should witness buying momentum at higher level. As such, the share may head north to test the next resistance of 1.39, followed by 1.52. Meanwhile, a reversal below S1 at 1.17 would negate this expectation.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
HEXTARThis stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price.
This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum.
The share price may move up or down from this point. Note also that momentum generally only persists for a short period of time.
However, this stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.