sothye

sothye

As of Friday closing (13/11/2020), the H4 chart seems having selling pressure, however still looks neutral on daily chart. Based on Stochastic, it didn’t show any sign of weakness yet even on lower timeframe. MACD still showing a breakout with less the gap getting bigger - positive news. Organically, it could probably pullback to SMA10 support first before fly...

sothye

The stock is currently in sideway channel, trying to find a new lower low for Corrective Wave B. Based on oversold Stochastic, it could continue downtrending probably slightly outside the channel before limited upside for Wave C with resistance @ 0.500 We anticipate the support zone to be around 0.245-0.38. With banker chip flushed away, the stock might need...

sothye

In the past 91 days, this stock has undergone huge selling pressure and down by -46%, and now is on Corrective Wave C to find a new lower low. With Stochastic in overbought zone, the stock could continue in downtrend to find a new support around 0.618 level (0.600). A strong support is at 0.565. A good entry would be to wait for the downtrend line breakout and a...

sothye

Riding in minor downtrend channel to make a new HL as confirmed by Stoch, NAS could touch the 11149 point before making a run with resistance of 12104, 12431, and 12906 (Fibo extension 1.272). Support is at 11071 and 10462 respectively.

sothye Updated 

XOX currently in major downtrend based on parallel channel and its riding Correction Wave B to find a new Lower High. There are potential limited upside to meet resistance @ 0.170 with Support @ 0.09 (RRR 1:2.2). Breaking the downtrend channel could bring XOX to a new uptrend Impulse Wave 1 with Resistance area around 0.245 However, if 0.09 support is broken,...

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PRLEXUS-WA completed Wave 2 @ 0.640 in 2-Nov-2020, and since then has riding the uptrend channel for about +48.41% in just a week. Nearest support is 0.83, whilst nearest resistance is around 0.985. Good entry would be psychological resistance @ 1.0 with 0.985, and 0.83 as support. However, if the price breakout the symmetrical triangle with volume, we could...

sothye

The stock closes with huge buying pressure with volume reaching all time high, along with the price action. If momentum continues, using Gann Square of 9, next resistance would be at 0.23 and 0.28 with Support at 0.19 and 0.15. The stock could complete Wave 3 at 0.23 zone, before pulling back to around 0.15 (38.2% Fib Retracement) for Wave 4. Currently the price...

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AT-WC begins Wave 3 @ 0.06, and its not stopping ever since. Extending Time based Fib to 238% of Wave 1, this wave could end at 0.165 and pullback for Wave 4 towards 0.13 (Fib Retracement 38.2%).This makes 0.12-0.13 a strong support zone. Volume is extremely good, with banker chip 100% - to guarantee a good show. Its motherstock MYX:AT has a heavy balance...

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Running through an uptrend parallel channel since 11-Sep, HLT-WA has potential to continue making Wave 5, as long as the channel didn't break. Strong support identified at 1.01 and 0.645 region. Bankers chip still low at this point. It needs to break 50% before it could really fly. Volume still low compared to August. With Glove-Vaccine sentiment and political...

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Bintai formed an Ascending Trending Triangle pattern, waiting for breakout strong resistance near 0.75 region. Would 1st October "history repeat itself"? There a still a long way to go with current Covid 19-Vaccine sentiment, but upside potential is worth the risk. (RRR 1:6) EP 0.65 TP1 0.74 TP2 0.825 TP3 0.940 TP4 1.120 SL: 0.57 RRR: 1:6 TAYOR guys ! p/s: I'm...

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ICONIC theoretically has completed Wave 4 @ 0.4, and it should be making its way for Wave 5. However, it is currently on sideway, probably accumulating before making a move. It is currently on a minor downtrend channel with a strong support zone at 0.46-0.48. A strong resistance zone is at 0.625-0.645. With Bollinger Band expanding and Stochastic oscillating up...

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MAHSING completed Wave 4 @ 0.86, and its making its way for Wave 5, if moving within the parallel channel, could end up at around 1.87. A good entry would be a breakout resistance 1.04, with support zone of 0.86-0.91, and Resistance of 1.26 (RRR 1:2), 1.44 (RRR 1:3.4) Volume is still good, but not good enough to push it higher at the moment. Banker chip is > 50%...

sothye

SALCON-WB completed Wave 2 in Nov-2 and currently riding upwards for Impulsive Wave 3 journey. This run normally in 3 zigzags before completing the wave. Resistance would be around 0.22, 0.3 and 0.43, with Support level @ 0.08 (Risk-reward is around 1:3.4). Fib Time is used to chart probable Wave 3 completion. Volume started to increase since 9-Oct, with Bankers...