<TradeVSA> Potential Shakeout in PASDECSign of Strength in the chart:
1. Re-accumulation
2. 3rd Green Pentagon
3. Monitor for shakeout and effort bars
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
PASDEC trade ideas
strong buying interest on PasdecPasdec have a strong buying volume on closing today, and it is near the previous high.
0.405 is 1 of the resistant line, if it continues to go higher,
next target will be 0.45 ; 0.51 ; 0.57
1st support 0.37 ; 2nd support 0.32
cross any lower should cut loss!
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
PASDEC (Ascending Triangle)On 2 Jul 2018, huge volume came with marubozu. However, after marubozu, price intacts between 0.475 till 0.525. Volume seems gradually increase while price restricted to 0.525. Price is expected remain bullish if over 0.525 when macd blue line cross red line. Whatever price below 0.525 is considering good. My projection TP 1 is 0.595 and TP 2 is 0.660 while cut loss price is 0.475. Wallahualam
