PCCS trade ideas
PCCS ready for another rally?PCCS chart analysis as below:
Entering stage 2 around 20 July 2022. Price surge for ~35% (A) and experience correction for ~10% (B). Then the chart setup for another surge for 23% (C) and the correction this time is ~18% (D).
9 Sep attempt to attack but unfortunately the supply is heavy. If the chart can form a pivot point in the orange box, then it will be a good opportunity.
Let's monitor together.
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.
PCCS cubaan melantun1. News last minit dari the edge,singing Mou - PCCS teams up with Shenqi Medical to seek a grand blueprint of medical health in Asia-Pacific. Potentially attract buying interest.
2. nearest support at 0.430. strong support ema 200.
3. Got small gap to close and testing ema 50.
4. Refer chart. Tayor
PCCSLooking for a solid structure at 1h, would be better if small increasing volume coming in as well. Price at a key level, possible for a "spring" to occur, before flying .
A solid uptrend trendline as well, that gives more confluence.
Could go wrong if :
A support trend line being broken, with high dumping volume
Other systemic factors
{SWC}——PCCS, rally continuation? Thank you for your continued support :)
Strategy: Price Volume Analysis
Bias: Bullish. PCCS suffered from stock price declining in the past one month, the short term down trend seems reversed after the dragonfly doji formed on 3rd feb and the price started to rise. Today, PCCS recorded a big spike with significant volume. The closing price was 0.430, where a Bollinger Band Mid Band breakout was observed. If the momentum sustain, SWC believes there will be a positive movement in near term.
S: 0.425, 0.415
R: 0.450, 0.470
PCCS - Gap down menjadi rintangan & Gap Up menjadi sokongan1. 3 Sep minggu lepas berlaku gap down
2. Teknik : Kebiasaanya harga akan turun/naik menutup gap yg berlaku
3. persoalannya adakah ia akan naik menyentuh semula menutup Gap Down 3 sep pada harga 490
4. atau ai akan turun menutup Gap Up yang lama pada 27&24 May pada harga 395/370,
5. kita xtahu apa yg akan berlaku..yg pasti biasanya ia akan menutup gap yg lepas
6. sekiranya naik ia akan jadi seperti no.3
7 sebaliknya jika ia turun mungkin akan menjadi seperti no.4