Moving inside uptrend parallel channel, the stock has been moving steadily with the recovery sentiment. MACD signals continuation of breakout, however RSI is oversold. Based on previous price action, we cloud expect some pullback to occur for few days before the rally resumes. Best entry is to trade on breakout. EP 0.875 TP 0.920 (+5%), 0.990 (Fibo 1.272 +22%) SL...
Moving towards the neckline, stock is making a good run now. MACD+RSI+Stochastic gives good signal for momentum. Do observe the gap zone 0.890-0.995 which is waiting to be filled fast. A safer entry is to entry after its breakout the neckline (0.755) EP 0.760 TP 0.820 (+7%), 0.930 (+22%), 1.0 (+32% physocological support) , 1.07 (+41%) SL 0.705 (+7%) Speed:...
With completion of rounding bottom, it could do some pullback before resuming. However, MACD still showing good momentum eventhough RSI is oversold. Safer entry would be to wait breakout resistance after neckline EP 0.910 TP 0.98 (+7%) , 1.10 (+22%), 1.24 (+36%) SL 0.840 (-7%) Speed: Very slow with 1469M shares float (44% of 3.34B shares) Sentiment: Economic...
Preparing to breakout from ascending triangle pattern. Safe entry is to wait for breakout @ 0.175 EP 0.175 TP 0.205 (+17%), 0.260 (+48%) SL 0.145 (-17%) Speed: Fast with only 327M shares float (30% of 1.09B shares) Sentiment: Economic recovery theme Seems price will back to its pre-covid time - good for long term. TAYOR
Preparing to breakout cup and holder pattern with possible of +39% from neckline. This is the range during pre-covid times. EP 1.15 TP 1.22 (+6%), 1.28 (+12%), 1.38 (+20%), 1.45 (+26% Cup depth) SL 0.145 (-6%) Speed: Fast with only 207M shares float (26% of 782M shares) Sentiment: Economic recovery theme Transportation is cyclical sector and its back in trend...
We observed breakout of descending triangle (+25%) with highest TP of 0.3 (+77% gain) EP 0.170 TP 0.195, 0.255, 0.300 (triangle opening) SL 0.145 RRR 1:1 Speed: Fast with only 503M shares float (69% of 730M shares) Sentiment: China Covid-19 vaccine Source mida.gov.my Please exercise strict trading plan when trading penny stock. TAYOR
We observed a complete cup and handle formation, and it already breakout the neckline 0.570. Its best to wait for next breakout of resistance at 0.615. EP 0.615 TP 0.685, 0.745 (support become resistance), 0.955 (cup depth) SL 0.565 Speed: Fast with only 119M shares float (14% of 883M shares) Sentiment: Bullish CPO Plantation is cyclical sector, therefore it...
We could try quick entry (trader) to ride on the uptrend parallel channel and exit upon TP1. EP 0.195 TP 0.225 (RRR 1:1), 0.270, 0.340, 0.425 (triangle opening) SL 0.165 Sentiment: AT glove factory undergoing testing however current glove sector is bearish. This is a penny stock, and please exercise good risk and money management trading it. TAYOR
Currently forming ascending triangle pattern and testing resistance @ 0.13. We can enter immediate trade to ride the higher high @ 0.13 with support at 0.100 (RRR 1:1). We can also wait for a possible breakout from triangle with TP 0.155, 0.17, 0.19 and 0.22 (Triangle opening). MACD gives a breakout signal at H4 chart, with RSI showing upward momentum. Speed:...
Breakout from the cup and handle. Already 8.45% past the neckline, with possible +5% upside. In H4 chart, RSI is oversold, and MACD shows breakout momentum continues. Volumes keep increasing in the past 4 bars signaling continuing of breakout. Speed: Fast with only 406M shares float (12% of 3390M shares) Sentiment: Oil price bullish, recovery TAYOR
Riding uptrend channel. Stochastic (H4) signals possible small pullback at 0.125 (50%) or 0.105 (61.8%) before climbing up higher. TP 0.17, 0.19, 0.24 (Fibo 1.272), with Support at 0.1 (RRR 1:1). Safer entry would be to wait after confirmed reversal after the pullback. Speed: Fast with only 551M shares float (44% of 1246M shares) Sentiment: Vaccine from Taiwan,...
We observed cup and handle pattern in the stock at daily timeframe, giving a potential of +41% upside. It would be safe to enter after it breaks the 0.785 resistance. EP 0.790 TP 0.945, 1.000, 1.05 SL 0.665 RRR 1:2.25 In weekly timeframe, MACD confirms a breakout bias, therefore we believe on breakout to happen next. HARNLEN is a light stock with very little...
BINTAI performed well on Friday (due to Vaccine news) however selling pressure has bring the price down. The price just breakout from ascending triangle and next TP could be at 0.935 / 1.0 / 1.16 (Fibo 1.272), with Support at 0.670 and 0.570. MACD is showing a breakout signal, with RSI showing good momentum building up. TAYOR.
In only 4 days, YONGTAI has climbed +156%. All indicators are oversold so we should be ready for a possible pullback. H4 chart observed a very large cup (minus handle) pattern. If this is correct, the pullback could end around resistance zone (0.16-0.24) before making a reversal to complete the handle formation, and probably preparing for a larger breakout with...
In H4 chart, we observed cup and handle pattern and a possible 34% upside. MACD,Sto,RSI didn’t indicate any bullish signal. We believe the handle pattern will continue building along the channel, before testing resistance @ 0.375. Safer entry is to let the price close above EP price for a smoother upside. EP 0.380 TP 0.425, 0.450, 0.495 SL 0.345 RRR 1:3 IRIS is...
In daily chart, we observed a cup and handle pattern and a possible 63% upside. RSI shows a good momentum for an upside, but with MACD being neutral. EP 0.085 TP 0.95, 0.115, 0.130 SL 0.065 RRR 1:2.25 With Brent and WTI making good momentum, this could gives strong upside for energy sector, and eventually this warrant. Its motherstock HIBISCS considered laggard...
In H4 chart, we observed a cup and handle pattern and a possible upside with TP 0.530 and support 0.390, with EP 0.425 for breakout confirmation. In H1, MACD showing a breakout signal with good RSI momentum. EP 0.425 TP 0.460, 0.500, 0.530 SL 0.390 RRR 1:3 With Brent and WTI making good momentum, this could gives strong upside for energy sector, and eventually...
In daily chart, price moved in uptrend channel, and formed ascending triangle pattern. It has been testing resistance 0.38 for quite a while now. Safer entry is to let price breakout 0.390 and ride all the way to 0.450 with support at 0.340. MACD gives a buy signal, with RSI shows a momentum growing. EP 0.400 TP 0.415, 0.460 SL 0.340 Being a F&B sector laggard...