HWGB trade ideas
HWGB - Bullish Engulfing @ Fib 38.5 Retracement - Short ImpulseOpportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. 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.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
HO WAH GENTING: HIGH POTENTIAL BULLISHHWGB is currently trading above 50 EMA . Based on speedline and trendline, i saw a strong sign to the upside. Plus 40 days Momentum bias as leading indicator also showing sign of strong trend going to the upside. With volume , potentially to break ascending triangle line @ 0.340, and move higher to challenge next resistant line @ 0.405 as TP1 and next TP2 on 0.480.
