First of all, congrats to the students and everyone for following the analysis recently including PARLO, FGV, SUPERMAX, JAKS, ECOWORLD, DSONIC, TECFAST and more. Let's continue to learn and earn. OPCOM Breakout immediate downtrend line on Wednesday and at the same time breakout RM0.690 immediate neckline zone. Once the momentum continues, it should hit RM0.750...
WCEHB, RM0.300 acts as a firm support and RM0.320 previous resistance was broken. RM0.320 acts as the immediate support for now. TP zone RM0.340 which achieved on Wednesday today. When momentum continues, it should see RM0.355 in short term, a total of 11.34% return from RM0.320 resistance breakout. Today bottom rebound with volume, indicating a strong buying...
Unlike KRONO which posted quarterly results almost a month ago, DSONIC's results could be coming soon, based on historical Q2 release dates between 24th to 30th Nov. Similarly, DSONIC 's price had also experienced technical correction, and the drop slowed as price approaches support zone. However, beware of #quarter_results_bomb which might cause volatilty...
Bias: Bullish. Trading interest in SERNKOU has been increasing since early Aug as seen by the volume , and SERNKOU reached ATH of 0.980 exactly a month ago, on 4th Nov 2019. The correction following that had been so far healthy; there was a small rally after the price touched the medium period MA line. Now, the candlestick interaction with the key fibonacci level...
Bias: Bullish. When SAMCHEM broke the blue long period MA line resistance, it rallied strongly. In the correction that followed, priced dropped up to 15% between highest point and lowest point in 5 trading days. As price appoached the same blue MA, it could be a buy-in oppurtunity if the breakout/reversal is to be true. Stop-loss: 0.635 // The recent low point...
Bias: Weakening bull. When prices broke the 2.09 high, the price could not sustain and had another correction but managed to form a higher low around 1.90 region and is likely to further consolidate. Previously, the 1.78-1.80 region presented an oppurtunity for buying at correction while at 1.92 was a #breakoutsignal. Stop-loss: 1.89 // This region is the...
KRONO posted latest quarter results on the 30th Oct 2019, triggering a spike in share price. After failing to break through 0.805, price fell and almost undone all the gains since releasing results. However, the correction could be an opportunity for buying at support instead of the usual breakout signal. Bias: Short term bearish, yet moving averages (MA) in...
First of all, congrats to the students for all the analysis done in the Nov Trading Group. PM to join for Dec Trading Group! IWCITY: How did we catch IWCITY before the majority at RM0.880 on Tuesday? IWCITY had made a successful BreakOut DownTrendLine (BODTL) when it broke RM0.880, which was the first signal triggered with increasing volume. Spot the signal and...
First of all, congrats to the students for all the analysis done in the Nov Trading Group. PM to join for Dec Trading Group! EKOVEST: How did we catch EKOVEST before the majority at RM0.785 on Tuesday? EKOVEST had made a successful Triangle Consolidation Breakout when it broke RM0.785, which was the first signal triggered with increasing volume . Spot the signal...
First of all, congrats to the students for FPGROUP which hit the first TP on Friday. Looking forward for the next! Kindly refer to the "idea" of FPGROUP analysis done in Tradingview for next direction. WCEHB: How did we catch WCEHB before the majority at RM0.365 on Friday? Uptrend line acts as the support and the downtrend line acts as the resistance. WCEHB had...
First of all, congrats to the followers of our Notion analysis done on Thursday which hit the pre-determined targeted price of RM0.950 on Friday. How did we catch FPGROUP before the majority at RM0.505 today? FPGROUP had made a successful BreakOut DownTrendLine (BODTL) when it broke RM0.505, which was the first signal triggered with increasing volume....
How do we know Notion is going to spike high today? The signal was triggered when Notion had made a successful triangle breakout as at RM0.835. It further continued it strength to breakout RM0.855 previous candle body resistance, indicating a strong momentum was continued to be generated! It's hit our target RM0.900 for today's intraday. We are looking forward for...