XOX WILL REBOUND IF PRICE MAINTAIN ABOVE RM0.18XOX WILL REBOUND IF PRICE MAINTAIN ABOVE RM0.18.
CAN CONSIDER TO ENTER IF MONDAY (14.9.2020) PRICE MAINTAIN ABOVE RM0.18.
XOX trade ideas
Reversal Price for XOXBased on what i've seen in the chart, it appears an ending diagonal@falling wedge which indicates the downtrend before doing the reversal of price reaction.
Well, before you decide to do anything, it is important for you to have your trading plan. EP,TP & CL. Never nake an EP without TP and CL decision.
Trade at your own risk traders ! All the best !
XOX - Weekly Resistance vs Bearish Pattern ABCDEnglish version...
Looks that these few weeks XOX never stop performing and of course in doing retracement too.
As far as i can see, the price is now is on the shorter support line and based on the ABCD rules the price can go to maximum 0.445. Unfortunately, weekly resistance is strong and not easily to broke at 395. Can xox managed to break the weekly support or else, doing a reversal price soon after touched the weekly resistance ? Let's find out, drop your own thoughts below.
Tayor!!
Malay Version...
Dalam beberapa minggu ni xox sangat banyak drama naik turunnya.
Berdasarkan daripada pemerhatian, harga bermain di paras support shorter term dan mempunyai pattern ABCD menunjukkan harga akan menaik sebelum menjunam semula kebawah.
Tapi ada resistance yang perlu dipecahkan, boleh ke dia pecah resistance kat line purple tu ?
All the best traders ! Trade atas risiko masing2 ye.
XOX, waiting for the selling force goneAnother stock with news. Support line 0.24, 0.2 then 0.185.
If it can u turn above 0.2, ready for 2nd wave.
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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.
BEARISH ABCD & SUPPORT LINEHarga xox telahpun terbang sebelum ini dan membuat retracement yang sangat jauh. Terdapat pattern BEARISH ABCD menunjukkan harga boleh menuju ke line fibo hitam diatas sebelum membuat reversal kebawah. Decision untuk buy sangat cantik buat masa skrg kerana berada di support line short term. TP pulak boleh consider kat line fibo hijau.
tayor...
XOX - BOD on Tuesday?Huge volume 1.6Bil and 1.4Bil on Thursday and Friday indicate that XOX is heavily invested with strong momentum.
It might open 0.26 on Tuesday, then look for up swing confirmation at 0.285.
It might also gap down, if that is the case then one would wait at 0.20 for a potential rebound.
XOX - sideway mode on?After big gap up on Thursday, we might expecting pullback on Friday.
Sellers push price back into BB bands.
It might sideway at .24 support if .30 is broken.
Afterall it's Friday tomorrow and we are getting into long break for Merdeka celebration.
Profit taking time.
A box or B? Picking B.
XOX - to south or north?XOX is a penny stock and the rise in the price was recently due to JV news with China company (Jiangsu Sulian). This Chinese company representing undisclosed Chinese telecommunication company. What can it be? We all know what Chinese company can do, they are advance in 5G network. But what we do know about 5G in Malaysia? Yes we know until now nobody is getting hold to the spectrum. Technically if you own technology but don't have the spectrum, it's useless here.
Today XOX closed at 0.20, a strong support.
Tomorrow if this strong support is broken then it will go to 0.18 and later 0.16.
Price action is everything. It may rebound with strong volume, watch closely.
XOX: Wildcard for 5GShareholders are keep raising their stakes and these are in August ALONE! Something is really brewing!
12 Aug 2020 - 3,000,000 (MR TAM PING KUEN, DANIEL)
12 Aug 2020 - 3,000,000 (DATUK CHAI WOON CHET)
11 Aug 2020 - 10,000,000 (MR TAM PING KUEN, DANIEL)
10 Aug 2020 - 7,000,000 (DATUK CHAI WOON CHET)
07 Aug 2020 - 4,100,000 (DATUK CHAI WOON CHET)
07 Aug 2020 - 30,000,000(MR TAM PING KUEN, DANIEL)
XOX is partnering with Jiangsu Sulian Asset Management Co Ltd to explore regional 5G network deployment. Succeeding in this, it will definitely push the price even further plus Malaysian's Government is also keen on developing 5G.
Technically, XOX strong Resistance area currently at 0.315-0.320. Succeeding in breaking that area, next couple of Resistances are 0.345 and 0.395. Support is observed at 0.265.
XOX: Smart money came inSmart money came in, can be seen in malaysiastockbiz and often associated as 'good news'. XOX is still in right theme as government is exploring 5G prospect. With big tycoon came in for XOX, we may see further rise in XOX. In order for XOX to continue its bullish trend, it need to break its previous high @ 0.315 with the next immediate Resistance is observable at 0.35. Support will be 0.265
