LUSTER trade ideas
LUSTER KAJIAN KAUNTER 05042021 (TECHNICAL)KAJIAN TEKNIKAL,VOL,TREND, BREAKOUT
-SILA RUJUK CARTA
-BUY MORNING BEFORE 10.30am
-INTRADAY BREAKOUT TP1 WITH VOL CAN HOLD FOR NEXT TP
-BREAKOUT DENGAN VOL
-RESISTANCE > SUPPORT
-SUPPORT > RESISTANCE
#BUKAN BUY CALL
#KONGSI PENDAPAT
#MAJU BERSAMA
#TAYOR
#INSHAAALLAH UPTREND
#IKAN BILIS HALUS
LUSTER - Breakout Down Trendline With High Volume #MYX
DAILY 3/4/2021 :
Breakout : Down Trendline
Market Stage : Uptrend
EMA : Price > Ema20 > Ema50 > Ema200
Breakout Volume : 7.5x times
Trading Breakout Value : Rm69 Juta
Weekly 29/3/2021 :
Breakout : Down Trendline
Market Stage : Uptrend
EMA : Price > Ema20 > Ema50 > Ema200
Breakout Volume : 1.6x times
Trading Breakout Value : Rm103 Juta
Luster’s potential symmetrical triangle BO within 3 months Accumulation phase begins on 11 June 2020 to current with relatively higher volume pouring in. With good FA, projected ATH breakout 29.5~37 sen will happen anytime from now till 14 May 2021 within the green box.
Disclaimer: Trade at your own risk.
Bursa LUSTER Industries BhdIf you draw the trendline for Daily Timeframe, the downtrend trendline has broke the line then consolidated for a few days before its rally. Zone 0.210 - 0.165 is the buying zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
Bullish Newly-ShariahLuster is edging higher after breaking resistance level at 0.16 preceded by formation of valid double bottom and a significant move above the valid downtrend line. We expect the rally could continue to 0.38, resistance level in July 2007. We will see if the price could break this level and climb further to 0.61.
FA looks good. Semoga bermanfaat.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Cup and handle pattern for continuation price?In DTF, the chart creating cup and handle pattern even not with nice pattern :)
with all indicator below showing positive value that the price will break the triangle pattern ( handle) to be push up soon.
TP: 0.255. but remember the tp will only valid after the price break the resistant.
TAYOR. If you have a nice or comment, don't hesitate comment below.
Your idea and knowledge will help us more in learning this market trend and movement.