I would like to buy call ANCOM because of various technical indicator below: 1) Up trend stock based on daily chart MA50 above MA200. And the price currently also above MA50 trend line. 2) VCP pattern observed as well. The 1st contraction is huge which are around 50% follow by 2nd, 3rd, 4th, 5th and 6th contraction that are getting smaller contraction (<10%)....
I would like to share my observation in SOLID volume surge recently. Suspect someone is collecting the ticket with large volume. After big fund collected enough amount of ticket, ticket available getting lesser (mean supply in the market is lesser), so when demand is high, the share price will rocket up. If you see the volume comparison back in 2014/2015, the...
My humble analysis as shown below: 1. Observed the RM 0.915 support trend line (green) still valid. 2. 23-28 April correction but didn't break the support. On 28 April candle, observed higher buy force can price closing accurately on the support RM 0.915. 3. 29 April shooting star candle, price still close RM 0.925 which is above RM 0.915. 4. 30 April shooting...
Observed Carepls have similar pattern to my previous trade at Rubberex (Up trend + VCP pattern). Up trend confirmation: 1) Stock price above MA50 trend line. 2) MA50 trend line above MA200 trend line. VCP 1) Observed 3 contraction where the contraction % getting lesser. (1st contraction ~64%, 2nd contraction ~12% and 3rd contraction ~8%) 2) VCP very much related...
I MISS THIS BOAT, i didn't trade in Supermx. Just would like to capture down another example of Up trend + VCP Pattern for future reference. Again, Supermx is SIMILAR (VCP) to previous 2 stock that i trade (RUBBEREX and CAREPLS). 1st Contraction: -32% 2nd Contraction: -10% 3rd Contraction: -4% Lesser contraction mean the supply of stock in the market getting...
Fibo Retracement chart trade on MMSV when the price on 17 April break the 0.382 resistance with strong volume. Buy Price: RM 0.570 Support: RM 0.525
Currently I no longer holding any Rubberex. Just intent to record down my trading plan below for future reference. 1) Observed Rubberex is in up trend based on MA50 above MA200 trend line. 2) Observed VCP formed in Rubberex where the contraction of the price getting smaller. (1st contraction ~30%, 2nd contraction ~38% and 3rd contraction ~9%) 3) Bought Rubberex...