Thank you for continue following us:) Strategy: Price Volume Analysis Bias: Bullish, Big spike was recorded on last friday (T+0) and there was no significant sell down observe on T+2. Diminished volume. Successfully closed in green today. Potentially Symmetrical Triangle breakout set up is spotted. SWC expects a positive movement in near term if it...
Strategy: Price Volume Analysis Bias: Bullish. Symmetrical triangle retracement with low volume was observed in pass two months. 2 days ago, triangle breakout with huge volume, together with bollinger band break out. After the bad market sentiment on the last trading day(8.1.2020), Kpower today back to game with significant volume, currently trade above...
Thank you for continue following us:) Strategy: Bullish Candlestick Chart Formation Swing Bias: Bullish. As the chart above shows the rounding bottom was formed in last three months. The stock price broke neckline at RM0.465 of the rounding bottom. An earlier signal was when the stock price broke RM0.435 sideway consolidation and at the same time made a...
Thank you for your continued support :) Strategy: Moving Averages Formation (Swing Trade) Bias: Bullish. As seen in the chart, all three are moving in bullish formation. On the 8 Jan 2020, the price pierced the 50% key level and the Green MA, yet managed to close above both by the end of the day. A stronger sign is given on the next day when the price closed...
Thank you for continued following us:) Strategy: Pull Back Strategy Bias: Bullish. Retracement was observed on T+1 and T+2 after big spike on 2nd Jan 2019. Share price retraced & hit RM0.700 support before rebounded. Interestingly, RM0.70 acts as the uptrend line support, at the same time acts as MA10 support & fibo level 0.618 support! It closed at 0.715,...
Strategy: Price Volume Analysis Bias: Bullish. After recorded a 0.98 high back on 1 Nov 2019, the price started to drop in the pass 2 months, with diminished volume. On 6 Jan, downtrend line was broken with significant volume. After the bad market yesterday due to the US-Iran tension, Sernkou came back stronger. It has made a bollinger band breakout as well....
Thank you for your continued support :) Strategy: Pull Back Strategy Short term trade. Bias: Bullish. Retracement was observed on the pass 4 days. It then retraced and hit 0.375 before rebounded. Interestingly, 0.375 is the uptrend line support, as well as the fibonancci 0.618 support. It opened high at 0.395 today with increasing volume. The uptrend was...
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish. Moving averages aligned. Breakout with retracement at key fibonacci level. Stop-loss: The region between 0.365 and 0.385 as resistance becomes support, but volatility causes price to have candle shadows/wicks that violate into this region. 1st Target: 0.445 2nd Target:...
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish. Breakout from long term resistance of 18.84 and the shaded box consolidation range, followed by correction with the lower shadow touching 50% key level and closing up exactly at the mentioned 18.84 level. Stop-loss: 18.54, the open price of the breakout candle; or 18.46,...
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish As seen in the chart, the Year-Line is a strong indicator of trend. Around late Feb 2019, The price managed to closed above the Year-Line for a few days before rejecting and continued downward sliding. This time, not only is the price holding comfortably above the...
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish As seen in the chart, all three moving averages are aligned in bullish trend. Using the oscillator, price is now at the "oscillator" bottom. The "oscillator" bottom by itself is not a strong indicator, and usually is complemented with other technical analyses, such as...
STRATEGY - PRICE VOLUME ANALYSIS: VIS, a W-double bottom breakout was obviously spotted. Indicating a momentum for the bottom reversal in this counter. Buy on retracement for this counter. It's expected to retrace back to a RM0.400 support area, before it starts another momentum journal to RM RM0.440, which giving the traders a potential 10.10% return of...
Congrats everyone who followed on the recent analysis including OPCOM, WCEHB, ARMADA, DSONIC and more by ShareWorldConsulting. Do follow ShareWorldConsulting to get the first hand information. Let's continue to learn and earn. STRATEGY - PRICE VOLUME ANALYSIS: HIBISCUS, RM0.950 acts as the immediate support and RM0.940 acts as the firm breakout support. After...
Bias: Cautious Bullish . After touching high of 0.550, price dropped and the correction stalled around the 23.6% fibonacci level. #pullback Stop-loss: 0.445 // Green MA and 23.6% fibonacci retracement. 1st target: 0.550 // Previous high as resistance. Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune! Guys, if you like the...
Bias: Short term consolidation (pennant), with moving averages (MA) in bullish formation. Stop-loss: 2.00 // This region is the breakout point of the previous resistance, as well as whole number psychology effect. 1st target: 2.27 // Previous high as minor resistance. 2nd target: 2.46 // Projected target from fibonacci extension as well as major resistance...
Bias: Bullish. When the correction hit FOUR classic technical conditions on 29th Nov 2019, the next green candle on 2nd Dec shows promise of a swift rebound. Can you guess what are those FOUR technical tools? Ask us in the comments below! It might be slightly late to the party now, so let the buyer beware. Stop-loss: 0.385 // The recent low point. 1st target:...
Bias: Bullish. After a strong breakout on the 13th Dec 2019, the next 3 trading days saw the price experiencing retracement with 3 black crow candles formation. #bulltrap Stop-loss: 0.830 // This stop-loss point is really tight; please manage your risk expectations. Previous swing high and 50% price retracement zone. 1st target: 0.950 // Previous high as...
STRATEGY - PRICE VOLUME ANALYSIS: SPSETIA, bottom formed. As mentioned few weeks back before the property sector boomed, one of the most potential sector for now is PROPERTY Sector! When we involve in trading activities, we should select only the leader which will generate a huge upside in a more powerful and faster way, such as SPSETIA and ECOWORLD. PVA...