sothye

sothye

The stock is highly overbought now where it already making a strong move in past few trading days. We expect the stock will continue limited upside for a few candles to close the previous exhaustion gaps and continue with a pullback (should the glove sentimen fades) towards area of value around 38.2% (1.08). Best is to wait to buy on dip in the area of value...

sothye

In H1, the stock currently forming symmetrical triangle in the pullback (more like handle of cup and handle pattern). With the positive news today, we could expect some upside movement inside the triangle. R 0.335 S 0.290, 0.275 This will be invalid if price continues to break previous HL 0.275 Speed: Fast with 457M shares float (44% float of 1040M...

sothye

We observed the stock has formed a descending triangle structure. Next target probably limited upside (max potential +20% @ 0.640) before making a pullback and drop below support of the structure. R 0.565, 0.610, 0.640 S 0.505, 0.480 This will be invalid if continues to break support @ 0.505, which break the triangle structure. Speed: Fast with 169M shares...

sothye

It was on its way to complete the handle when the oil steams slows down due to new Covid strain. But seems the +ve momentum is coming back and probably we could see the trend resumes. However in H1, no indicator indicates a reversal yet, probably to wait for better signal during trading day. R 0.680, 0.700, 0.760 (neckline) S 0.650 This will be invalid if the...

sothye

The stock is riding major uptrend in parallel channel and currently is nearing support. With short term upside on Brent/WTI, there could be opportunity for entry. Stochastic is showing a possible reversal. But remember, this is only for short term quick gain, and always adhere to cut loss if it break support. R 0.455 S 0.425 Sentimen: Short term bullish...

sothye

In H4, the stock still rides the parallel uptrend, but doing minor pullback within. Probably an opportunity for EP is to wait for the reversal candle at H1, and exit before resistance. Lower volume in the pullback shows its a health pullback. Stochastic still doesn't show any reversal entry. R 1.61, 1.66, 1.74 S 1.42, 1.33 Sentimen: KPOWER, TENAGA already start...

sothye

After making a successful 52WH, the stock has pullback for quite a while with at least 2 dead cat bounce. And the price seems steady at 61.8% support (0.625) for few candles now. We also observed lower volume during pullback, indicates only few seller are selling their shares. Only time will tell when the buyer will start to take control. Best is to wait reversal...

sothye

After -13% pullback over 14 days, we observed a reversal with limited upside within symmetrical triangle. We also observed a strong resistance @ 1.47, which could be one of the barriers to hit our TP. Volume is reduced during the pullback, and we can see it continues to build during the reversal. MACD+RSI+STO showing a positive movement and we believe it will...

sothye

After breakout from cup and handle pattern, it will be testing immediate resistance 0.525. It will probably gap up in next few candle and consolidate in a flag towards neckline 0.480. Good entry is to wait for pullback around neckline area (confirmed by reversal candle). MACD+RSI+MCDX still showing good momentum for continued breakout tomorrow, but we will let...

sothye

Already break ascending triangle resistance and expected to test 52WH resistance. RSI+MACD shows momentum still going strong, will full banker chip on MCDX. EP 2.05 TP 2.19 (+6% previous 52WH), 2.33 (+14% Fibo 1.272), 2.50 (+22% Triangle opening) SL 1.92 (-6%) Speed: Slow with 876M shares float (24% of 3652M shares) Sentimen: Economic recovery, window dressing TAYOR

sothye

Currently testing resistance 1.65, would it able to break it ? RSI shows uptrend, with MACD signals a momentum. EP 1.66 TP 1.77 (+7%), 1.88 (+13%), 1.95 (+17%), 2.04 (Triangle opening +22%) SL 1.54 (-7%) Speed: Fast with 22M shares float (12% of 188M shares) Sentimen: Economic recovery TAYOR

sothye

Wait for reversal at Fibo 61.8%/78.6% to ride a quick 5% gain, and probably ride the breakout too. But this is cyclical sector, therefore exercise caution to protect your profit. Speed: Fast with 443M shares float (44% of 1009M shares) Sentimen: Christmas TAYOR

sothye

The price is currently riding the downtrend channel. To confirm reversal, the price need to break 0.870. We will look into it once it break this resistance. Speed: Fast with only 41M shares float (4% of 1073M shares) Sentimen: Green tech bullish due to US Election result TAYOR

sothye

The stock has breakout from cup and holder pattern (TP 2.17), and currently forming bull flag pattern. Its best to buy on dip inside the flag (find reversal candle), or wait for the flag breakout at 2.14 EP Buy on dip in the flag, or breakout flag 2.14 TP 2.17 (cup depth), 2.4 (target pole height) SL 2.0 Sentiment: Green tech bullish due to US Election result

sothye

Immediate support target is at Fibo 61.8%/78.6% (1.46/1.38) and wait for any reversal candle here for buy on dip signal. Volume should continue dropping during this pullback. EP between 1.38-1.46 (confirmed with reversal candle) TP 1.65, 2.03 (Fibo 1.272), 2.47 (Triangle opening) SL 1.28 Sentimen: Green tech bullish due to US Election result TAYOR

sothye

We observe flag pattern after 40 bids jump in early December. We also spot a reversal candle (hammer) inside the flag which could indicate reversal of plag pattern. MACD gives early breakout signal with RSI still showing momentum. Volume is lower in the flag which gives a good signal. EP 0.505 TP 0.535 (+6%), 0.630 (+24% Fibo 1.272 target), 0.705 (+39% Pole...

sothye

Price action shows formation of ascending triangle and its attempting to complete a Higher Low inside the pattern. Volume is reducing in the pullback - good sign. We expect the price to continue down before a reversal. We can wait at 38.2% Fibo (and confirm with reversal chart pattern) for long entry. Speed: Fast with 258M shares float (31% of 834M shares) TAYOR

sothye

The price has breakout from symmetrical triangle, and rallying uptrend towards the triangle opening (0.82). Volume is increasing gradually, MACD still showing momentum with overbought RSI. EP 0.660 TP 0.735 (Fibo 1.272 +11%), 0.820 (Triangle opening +23%) SL 0.585 (-11%) Speed: Fast with only 131M shares float (36% of 364M shares) Sentiment: Economic recovery...