VS industry Short Term 3 Reason for Trade this Stock
As TA, I believe recently downtrend is correction of the previous uptrend.
Currently is trading on the support zone and have rejection 3 times.
Noticed the MACD showing the downtrend power is lower than previous and it was exhausted.
Short Term Trading ( 3 months )
TP on 1.34 with 35.5 % Capital gain within 3 months
Record Holding
30 lots holding now
VS trade ideas
VSAlgo TradingSystem by Remisier CheDin
The current market conditions, as identified by my algorithmic system, indicate potential upward signals. These signals include increased trading volume, an upward trend with prices above the EMA20 and EMA50. Consequently, the present conditions suggest a possible upward trend.
It's crucial to remember that trading strategies account for only 10-20% of your overall trading success. The majority of your success depends on effective risk management. This involves having a well-defined trading plan and appropriate position sizing, which are essential for maintaining the right trading psychology. Master your risk management and trade according to your plan.
VS, buy opportunity based on trading system The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
VS INDUSTRY: MARK-DOWN PHASE HAS BEGUNTech upcycle which began around 2013 has come full swing and is coming to an end. We are at dotcom bubble stage.
Smart money has completed distribution and has engaged "labor activist" to trigger the mark-down phase. Protect your money.
Expect VS Industry to gradually drop to around $0.20 (>70% decline)
Not investment advice. Please do your own due diligence.
Potential Long on VSRst 1.34 & 1.55. Supp 1.12
Overall pattern seem like a strong trip bottom at 1.12 & it continue to rebound to retest rst area. Lookout on the wedge pattern there if to sustain, might be potential climb ahead. Is a risky risk ratio here but is worth if to hold to see the climbing pattern start.
A Breakout Signal!Interesting with VS where significant price movement with volume confirmed buying interest. Hence, the candlestick body closed above MA20.
Precaution on price correction in today's trade where expect on price correction between 10% to 20% drop in value from a recent peak. Or the price can rally up.
MACD and OBV charts indicate a divergence signal and confirmed an uptrend pattern. Where the high possibility of price momentum rally up to the highest price peak.
Put VS in your WL and watch out for price momentum up or when MA20 crosses up MA50. Which indicates a long trade position.
R 1.65
S 1.50
More 🦈🦈🦈 in + Bullish 🐂🐂VS rose above resistance turns support of RM1.54 coupled with reiteration of bullish pattern on the daily time-frame. Up-trending RSI and MACD reflect the increase bull momentum on the stock, supporting our positive-bias outlook. Our near term price target is at 1.92, followed by RM2.21. A breach below RM1.12 could push the price lower.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
vs? for research and trading idea only, not a buy call.
vs industry bhd
pls do ur own fa. either canslim or what soever u comfortable.
im very pleased with the quater result of the company especially with the rev. the rev almost hit 1b. previous hit 1b. 1b ok, QUATERLY, not annually. . i bet no other tech company as high as rev as him.
previously hit 52w high, ath, with very strong vol (T0). pullback as well at day T1 and T2. reversal shown at T3.
trading plan
S0 :1.565
S1 :1.52 (SL)
S2 :1.47
EP : 157-160
R1 : 1.70
R2 : 1.73
personal target, mid to long term 2.18
VS : Fundamental and Technical Analysis (20 Sep 21)- Quick fundamental reviews (2 last quarters)
o Revenue : Positive and increasing - 100 %
o Net Profit : Positive and increasing - 100 %
o ROE : Positive and increasing - 100 %
o Overall Fundamental Score : 100%
- Quick technical reviews
o Trend : Uptrend above SMA 20, 50 & 200 - 100%
o Pattern : Clear continuation pattern - 100%
o Support : New RBS just formed after price breakout – 100%
o Resistance : Testing new resistance at 1.490 (R1) – 50%
o Overall Technical Score : 87.5%
- Observation: Price had breakout upper trend line pattern however without strong volume. Hence, price seems to be uncertain to go higher
- Opinion: Price will need to penetrate R1 if not will drop to horizontal support at 1.420
V.S : Potential wave 3 Just a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
V.S forming Inverted HaSCould be price going up.
Just a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
VS VCP SETUPVS developed VCP with below contraction:
C1: -26%
C2: -12%
C3: -4%
VS breakout last contraction or primary trendline on 2 Aug. The entire development was around 7 months.
Let's see if VS can break new high or not.
Disclaimer:
Not a buy call, just sharing on chart pattern. Trade at your own risk.