VCP SETUP SYMLIFELast 2 quarters showed improvement of EPS and improved YOY.Price still in range movement.Wait a break above the horizontal line with high volume
SYMLIFE trade ideas
SYMLIFE...monitor breakout13 2 22
reason
-volume above average
-change of character
-divergence bull weekly
-diamond alert
Is it a Down Trend Pattern?Based on OBV oscillator, SYMLIFE showing a Divergence where it is moving in the opposite direction. Despite MACD showing positive momentum and price still above MA20.
If the body candle crosses over MA20. Then it confirm a Down Trend pattern.
R 0.605
S 0.570
Is it a beginning of long position?The chart shows an engulfing candle and mark of T0 with support of high volume. Will today the body candle cross up MA50? The probability of changes is high because MACD line is a cross-up signal line in the MACD chart.
R 0.600
S 0.550
(b) wave. 16% potential swing to upside. First of all this is not investment advice. Always trade with due diligence.
From Elliot Wave perspective, Symlife in corrective mode (a)(b)(c). (a) wave just completed and there was a breakout of downtrend line on 28th April as confirmation. (b) wave is now started and expected to move to a minimum of 0.845. This count will be invalidated if price touch 0.670.
Suitable for intraday/short swing type trader.
#AbangCak
#ElliotWaveTrader
SYMLIFE Re-entry BUY?Daily
1. RSI test level 50
2. Fibo retracement 61.8
3. Stoch RSI oversold.
15M
1. Bullish Divergence
SYMLIFE Technical AnalysisBroke out from Pennant!
Volume and banker chips looking good!
S: 0.745
Target based on length of flagpole: 0.86
Symlife : a new life in this uncertain market?7ma above 21 ma, MACD in green, bankers chip increasing, VR is 2. Which show good momentum to continue further tomorrow. We'll see.
SYMLIFE [8 October 2020] Buy On Dip in Support ZoneMYX:SYMLIFE
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
Symlife - Kekuatan pada gelombang ketigaAnalisis Symlife -
Kelihatan Symlife sedang membuat gelombang impulsif 12345 berbanding 3 gelombang korektif ABC kerana gelombang ketiga telah memecahkan Ascending Channel gelombang 1 dan 2.
Ini adalah panduan secara umum sahaja, kerana gelombang C juga boleh menjadi kuat seperti gelombang ketiga kerana sifatnya yang terdiri daripada5 sub gelombang impusif.
Admin menantikan potensi kenaikan lagi dari Symlife.
Abang Doji
