NADIBHD in BULLISH CYPHER PATTERNConsider to study and monitor NADIBHD whose current daily chart resembles that of a bullish cypher pattern, where a swing trade can be taken from Point C to Point D.
NADIBHD trade ideas
In Correction Mode, let them finishMonitor if Wave A complete then if wanna try on wave B also can TAYOR lah....
Intact uptrend momentum- NADIBHDWe experienced a really weak market sentiment last week. However, we always notice some super-stars stock during bad market sentiment.
NADIBHD is definitely worth monitoring for several reasons.
NADIBHD experienced year long downtrend and make a solid bottom during march2020.
Strong collection at price between RM0.28~RM0.33 since Jan 2021. Full year collection might indicate strong uptrend rally soon.
Technical point of view: Just break out from cup and handle neckline with strong volume support. Smart money flowing in.
Fundamental point of view: Price below NTA. Although revenue affected by pandemic, overall profitability still outperformed its peer.
Catalyst: Contracts from Kwasa development and PNB Merdeka.
Entry:RM0.35~0.355
Cut-loss:RM0.32
Exit:RM0.40
Disclaimer: Abovementioned informations are all personal opinion, take your own risk and do enough homework when investing your hard-earned money.
#NADIBHD DTF - FIBONACCI STRATEGY WITH GOLDEN WAVE The most of strongest Momentum wave - Golden Wave (impulse)
Criteria :
* Minor wave 3 in 3rd impulse major Elliot Wave
* Strong Bullish Momentum volume unusual
* Steepness of a trend line increases from 45% to 70% deg
* Strong Break in bar retracement symmetry leading to a change in trend behavior
* Bullish gap up price action
NADIBHD - Pre Consolidation Breakout NO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. 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.
NADIBHD- Trading Ideas (20201222)NADIBHD- sideways / consolidation period
Very obvious Price Ranges
4th times to retest resistance RM0.31
if able to maintain above RM0.31- next target TP1- RM 0.385 ; TP2 - RM0.475
Immediate RBS- RM0.29 & cut below
NADIBHD - possible reboundStochastic indicate a possible rebound on last trading day when slow stoch cross up the fast. It has been trading under oversold signal for quite a while too.
We can see also MACD also showing smaller divergence since last 9 trading days.
NADIBHD Target LONGTA
This counter already break all time high (no more resistant higher than that) and now retracement to test demand area . It is a nice area to enter this counter because have confluence area demand and trendline as support. Wait for reversal candle or buy setup form at lower TF before enter this counter.
FA
PE : 8.16 ( below 10 consider undervalue)
DY : 4.0
QR : 3.9M ( decreased but still +ve)
AR : 3.9M ( decreased but still +ve)
KLSE - NADI (Gagasan Nadi Cergas Bhd)BUY : TP 0.38
conformation technical level : market breakout 0.29 tends to 0.38 (opening price)
<TradeVSA> Premium Alerts - Hourly Chart SetupCounters to monitor:
1. Jaya Tiasa
2. MCT
3. Caely
4. Gagasan Nadi
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
