PRTASCO trade ideas
PRTASCO 19 DISEMBER – CUBAAN UNTUK BREAKOUT?Sektor: Construction
Sub Sektor: Construction
Status Indeks: Breakout 185.42 dan meneruskan kenaikan (uptrend)
Status Fundamental: -
Trading Plan:
Target Price 1 (TP1) - 0.29
Target Price 2 (TP2) - 0.305
Strong Support (SS) - 0.245
Cutloss ( CL ) - 0.235
Komen 1: Berjaya break down trend line dan sedang buat HH dan cubaan untuk breakout 0.265. Analisis moving average dapat dilihat MA20 & MA50 dah mula cross ke atas MA200 (menunjukkan reversal dari downtrend ke uptrend).
Komen 3: MACD positive (biru atas merah). RSI atas 50 (kuat untuk teruskan kenaikan). Stoch ada kekuatan yang sama.
Boleh ride the trend untuk short/medium/long swing.
** Penafian: Hanya untuk pembelajaran dan tujuan kajian sahaja. Tiada 'buy call' diberikan.
** Selamat berdagang!
PRTASCO 5070 | BUY ON DIP STRATEGY PROTASCO BERHAD provides Engineering and Construction Services.
Dari sudut FA, tidak berapa cantik. Tapi masih boleh di perhatikan.
Number Shares 495M
PE Ratio 17.78
ROE 1.77
DY 5.58
Dari Segi TA;
Kaunter telah rebound dan kini mengalami sideways.
Support kelihatan kukuh pada 0.20
Strategy: Buy ON DIP | SWING
Indicator: Moving Average
Support and Resistance
EP: 0.22 (20 May 2020)
Support: 0.21
Resistance1: 0.23
Resistance2: 0.24
Resistance3: 0.25
<TradeVSA> Spring in Hourly Chart...ProtascoStrength in the chart:
1. Mark-up stage
2. Pullback
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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
Protasco - Breaking up the Resistance with VolumeStrength in the chart:
1. Line Change with High Volume
2. Volume higher than Sell-Off bar
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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
PRTASCO - Remains WeakLaburlah Technical Coverage (12-APR,Thursday):
PRTASCO
Technical Analysis Breakdown
1. Trend: Bearish/ awaiting further signals
2. RSI & Stochastic: Creeping upward
3. Bollinger band: Still moving southward
4. Resistance: MA50 or 1.00
5. Volume: Weak
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.