SKPRES - Pending Major Breakout SKPRES
Rst: 2.35/ 2.48
Spp: 2.28
Yesterday weak candle being rejected, but still facing strong hurdle at long term RB formation neckline. Can continue to monitor
SKPRES trade ideas
SKPRES Following to the recent announcement of Bonus Issue & Proposed Free Warrant, the share price of SKPRES might have greater momentum to challenge a new 52w High.
Support: RM 2.10
Resistance: RM 2.34
SKPRES BTST/INTRADAY 22/1/2020 IDEA#IDEA BELI DAN JUAL.
#SETUP
#BTST
#INTRADAY
#JAGA CL
#KAJIAN
#RUJUK CHART
#10.30am TAK GERAK JUAL
#TP SEBELUM MARKET CLOSE
#TAYOR
SKPRES penampakan test semula 52wHskpres masih patuh rebounce di ema 50. kemungkinan mencipta new HH jika break 52wH.
Dragon ok
Sniper SS ok
candlestick ok
tayor
SKPRESFA - Turn to profit last QR
TA - Look likes it is forming a big cup (with or without handle), not sure if this is one of your cup of coffee...
SKPRES (30/11/2020) on rising wedge, limited upsideIn H4, the stock is forming rising wedge and already on its edge. Resistance is at 2.06 (52WH), 2.15, 2.35 and 2.45 (Fibo 1.272) where Support is at 1.94, 1.68. If the price fails to test 2.15, it could pullback to 1.44 area as per rising wedge’s opening.
Interestingly, indicators are showing positive signal - MACD cross for breakout, and RSI showing momentum. Probably the stock will experience a short breakout to test the 52WH resistance.
SKPRES has small balance float (10% of 1250M shares) however still higher than its sector peer UCHITECH (13% of 451M shares). This adds a bit friction to its price action during sectoral play.
TAYOR
SKPRES - Buy on BreakoutSKPRES - Buy on Breakout
Uptrend
In parallel uptrend.
Inverted Head & Shoulder on the top
SKPRESTrade the 4H chart for tuday. Breakout on yesterday give the pullnack this morning to reentry buy.
SKPRES [6 October 2020] Buy On Dip in Support ZoneMYX:SKPRES
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
SKP RESOURCES BHD PRICE ACTION MOVEMENT FORECAST DAILYLong, recommended stop loss 1.635, and the price expect to surge until 2.125.
Skpres, not a good entry point nowReaching it trendline resistant. Wait for it to break or stand firm. Never chase high or you will get your risk high.
SKPres - Completed Cup and HandleCompleted Cup and Handle.
Break 1.6 with strong volume and Retest
FiFT +ve
ATOM Buy.
Monitor for Buy signal around 1.5-1.6 or Trendline for BoD.
Look for BoB Slow Turtle buy above 1.66
SKPRES - Bullish Trend ContinuationSKPRES
Rst: 2.03
Spp: 1.72
Bullish breakout from Fibo Extension 100% with new candle pushed above upper BB means the next challenge the stock will try is 2.03
<TradeVSA> SKPRES & SKPRES-CY ...Breakout from Pocket Pivot?Strength in the chart:
1. Green pentagon
2. High volume Line Change
3. Pulling back to support
4. Pocket Pivot
Hit the "LIKE" button to support us :)
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
SKpres Wyckoff SchematicPosting here the Wyckoff Schematic of Skpres that we have been following for almost 4 years, actively.
SKpres, your pressed the oil pedalPress stronger and move higher. Now break out from new high.
f you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
Skpres, need to climb up the box againFall out of it uptrend line. Next week need to climb back.
Use 1.42 and and 1.39 as your support line.
If you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
#10 SKPRES BOD, 3M, SNRFUNDAMENTAL ANALYSIS
Sector: Industrial Products & Services
Subsector: Industrial Materials, Components & Equipment
Business: Design, engineering, fabricating plastics - sony, sharp, dyson
ROE: 12.4
DY: 2.7
TECHNICAL ANALYSIS
Chart uptrend
All MA below chart
Green candle just above MA20
Stoch RSI oversold
Smart money presence
BOD on 8 Jul 2020
No. of shares: 1.2b
EP: 1410
TP: 1590
CL: 1360
RRR: 3.6
