In H4, the stock just breakout from symmetrical triangle. Let the price breakout Lower High (LH) 2.35 for safer entry. MACD+RSI gives a breakout+momentum signal. EP 2.36 TP 2.40, 2.47, 2.83 (Triangle opening), 2.91 (Fibo 1.272) SL 2.18, 2.1, 2.02 Being one of sector leader in Containers and Packaging, ATAIMS is a heavy stock with very small balance float (7% of...
In H4, the stock is forming rising wedge and already on its edge. Resistance is at 2.06 (52WH), 2.15, 2.35 and 2.45 (Fibo 1.272) where Support is at 1.94, 1.68. If the price fails to test 2.15, it could pullback to 1.44 area as per rising wedge’s opening. Interestingly, indicators are showing positive signal - MACD cross for breakout, and RSI showing momentum....
In H4, the stock is forming price action in ascending triangle pattern. Currently is consolidating between 5.42 and 5.80. A good entry would be after it breakout from the triangle @ EP 5.86 with Support at 5.38. TP is at 6.73 and new 52WH 8.25 (Fibo 1.272) - RRR 1:1.8 EP 5.86 TP 6.73 / 8.25 SL 5.38 Stochastic shows a pullback signal, MACD didn’t signal any...
GREATEC is testing resistance zone 9.02-9.11. Breakout from this zone will be breakout from ascending triangle, and new TP could be @ 10.940. MACD in H2 chart already signals a breakout, with RSI showing momentum. A good entry would be after the ascending triangle breakout. EP 9.12 TP 9.75 / 10.94 (RRR 1:2) SL 8.27 GREATEC is market leader in Technology...
ISTONE seems to be making sideway movement between 0.200-0.245 in the past few months. Strong resistance is observed at 0.255. In H2 chart, MACD signals a breakout about to happen, with RSI showing some momentum. A safer quick entry would be to wait for price to reach support @ 0.220 or 0.200 and wait for Stochastic signal to ride the sideway. ISTONE is huge...
On H4 chart, EG has breakout triangle pattern and next TP is around 0.6. The price is currently testing Resistance 0.535 with Support 0.485. A better entry would be at 0.545 after price breakout the resistance zone with TP 0.6, and 0.625 (RRR 1:1.3) EP 0.545 TP 0.6 / 0.625 SL 0.485 (RRR 1:1.3) MACD is crossing on H4 chart, signaling a breakout with RSI @ 65 to...
On H4 chart, KANGER has been on sideways for about 2 months. Since 2 weeks ago, its been forming 2 higher lows creating an ascending triangle pattern. The price will be testing resistance zone 0.205 - 0.215 with support of 0.145. Breaking of resistance zone could bring the price to 0.250 and 0.285 (RRR 1:2.5) MACD on last hour chart started to show breakout...
On daily chart, MPAY is forming (slightly) symmetrical triangle with Resistance 0.185 and Support 0.135 with EP 0.155 (RRR 1:1.5). In last impulsive wave, it leaves a breakaway gap at 0.105-0.125 zone. If price we’re to test the support 0.135, it could continue going down to fill this gap. MACD already send a signal for breakout, and RSI is showing momentum...
The counter is on uptrend channel and making its ATH since 18 November 2020. In hourly chart, Stochastic & RSI are both showing overbought, with MACD showing a probable breakout. A continuation of high volume could continue the momentum with TP of 1.12 (Fibo 1.272) and Support at 0.660 (RRR 1:1). Using Gann Square of 9, resistance is at...
FAJAR is riding uptrend channel since its lowest dip during start of MCO back in March-2020. It is currently set to test resistance zone (0.45-0.46). Since its already on the impulse wave for quite a while, it could probably retrace to 32.8% @ 0.425 before continuing the upward momentum. However, should it breakout the resistance 0.46, it could test next...
PRLEXUS-WA is on correction mode after making ATH on 20-Oct-2020. After a month and seems its still on its way to make a new LL on the downtrend channel. If it breaks the support zone (0.605-0.650), it could be dropping towards 0.490 (Fibo level 61.8%) to complete its LL. Its motherstock (PRLEXUS) has higher balance float (64% of 182M shares) than its sector...
The counter is riding major uptrend channel, and looks like forming an ascending triangle pattern. In H1, it shows a high volume which pushes the price up during last hour Friday (20-Sept), and looks like momentum will continue on Monday with Stochastic crossing up. Resistance zone is around 0.680-0.715. Breakout of this zone could set OPENSYS to a new ATH...
After Stock Split at 28-Oct-2020, PRESBHD has started its uptrend channel and forming an ascending triangle. A huge volume spotted today with abount +12% gain just in 1 day. Stochastic shows sign of uptrend continuation inside the channel. A good entry would be to wait for resistance zone breakout (0.49-0.5) with high volume EP 0.5 SL 0.43 TP 0.54/0.59/0.65 RRR...
CARIMIN has been riding downtrend channel since 4-Aug-2020 and currently is on top of parallel channel. Stochastic showing a downside bias with no breakout sign from MACD. Volume are quite heavy in past few days probably due to vaccine/covid recovery theme. If the price action unable to breakout 0.565 resistance zone, it will continue downward in the channel with...
TOPGLOV has been trading on downtrend channel since a month ago. With support zone of 6.45, it has a strong resistance at 7.65. Stochastic already showing an immediate upward momentum.There is a large gap of 8.0 - 8.5 which could potentially be filled if the price breakout the 7.65 resistance. EP 7.00 SL 6.455 TP 7.625 RRR 1:1 Apart from successful vaccine trial...
ACO is ranging between 0.36 and 0.450 for 3 months and currently on bottom of of the parallel channel. Stochastic has reached oversold area and is trying to make an upside move. No sign of breakout from MACD. With support zone @ 0.32, and resistance at 0.46, the RRR is abount 1:1.6. The volume still lacks banker chip which explains the sideway movement. EP...
GOCEAN is now on a major pullback and riding the downtrend parallel channel. Stochastic shows a probably short uptrend with MACD still not showing any sign of breakout. Nearest resistance is 0.225, with support of 0.15 (RRR 2:1 - not a good entry). On lower timeframe, it seems to be making a limited upside testing the resistance 0.225. With enough volume, it could...
GETS has been rallying +297% in the past month, and is still continuing to complete a higher high for Impulsive Wave 3. Next TP for GETS could be at 4.00 (Fibo extension 1.272). MACD indicator didn’t show any form of weakness at this time. Stochastic still showing a strong overbought. However, should it drop, it could go down as low as 1.26 (Fibo retracement...