By using trend analysis alone, we can see that today's raise in price as a potential breakout (dotted red line). However, there's also chances the breakout is false breakout, created by big players.
To avoid fall into a fake breakout trap, the support line indicates that if the price dropped below the support line, it is time to sell. On the other hand, the...
Firstly, form the Exponential Moving Average (15 , 30) for both stocks are on uptrend.
Besides that, From the MACD (12 , 26), both has upper cross, showing potential uptrend.
Lastly, from RSI level, both are around 60, shows both stocks are favorable to investor.
By using Trend Analysis, we can see that there is breakout in the 3 company while REX INTL is on a verge of breakout.
These share price per unit is very affordable and has great potential to raise further.
If judging the MACD Indicator (12 , 26) and Exponential Moving Average (15 , 30), all four of them are showing signs of uptrend.
We maybe able to predict that...
Using Chart Pattern analysis technique, DBS Group Holding just achieve a turning point 3 days ago.
From Exponential Moving Average (15 , 30), it is in uptrend.
While MACD ( 12 , 26), just have an upper cross.
One of the Wall Street rule is that a share price will bounce back to where it was.
The share price will probably reach 24.5 SGD in next few days.
Tesla have breakout two days ago. now it may continue raise further if things goes well.
But since it reach a very high price, be ready to sell it out and earn the small increment in price like 5% if the trend goes downtrend.
Besides that, MACD is at uptrend so it is good to invest.
Notion just has a cross up for Exponential Moving Average (15 , 30)
I used (15 , 30) because I am a monthly trader.
Low share price and it only cost RM 0.76 per share.
It is under technology sector with great potential to increase further.
These four share has strong buy through MACD (12,26) indicator.
Besides that, the share price is low with less than RM 1 per share.
The share price will continue to raisea and go beyond. will have more than 15 % increment is less than 2 months.
