LCTITAN - CURRENT PRICE : RM0.470
The stock made a HIGHER LOW recently - this may consider as a half portion of new uptrend is completed. A breakout above RM0.630 will form the higher high structure - which confirm the new uptrend phase.
For short term trading purposes, short term traders may anticipate to buy if the stock breakout nearest resistance of RM0.520 - which will give an entry point at RM0.525. So this is a pending breakout stock. Nearest target will be RM0.580 and RM0.620. Take note that when the price breakout RM0.520 , it will also be above EMA 50 and ICHIMOKU CLOUD - which strengthening the bullish outlook.
ENTRY PRICE : RM0.525
TARGET : RM0.580 and RM0.620
SUPPORT : EMA 50
Notes : The higher low structure of LCTITAN looks like DRBHCOM - I share the link here for reading purposes.
https://tradingview.sweetlogin.com/chart/DRBHCOM/8R5gqGyj-DRBHCOM-The-LOW-is-getting-HIGHER/
The stock made a HIGHER LOW recently - this may consider as a half portion of new uptrend is completed. A breakout above RM0.630 will form the higher high structure - which confirm the new uptrend phase.
For short term trading purposes, short term traders may anticipate to buy if the stock breakout nearest resistance of RM0.520 - which will give an entry point at RM0.525. So this is a pending breakout stock. Nearest target will be RM0.580 and RM0.620. Take note that when the price breakout RM0.520 , it will also be above EMA 50 and ICHIMOKU CLOUD - which strengthening the bullish outlook.
ENTRY PRICE : RM0.525
TARGET : RM0.580 and RM0.620
SUPPORT : EMA 50
Notes : The higher low structure of LCTITAN looks like DRBHCOM - I share the link here for reading purposes.
https://tradingview.sweetlogin.com/chart/DRBHCOM/8R5gqGyj-DRBHCOM-The-LOW-is-getting-HIGHER/
Note
Based on Japanese Candlestick theory, the low of long white bullish candlestick should acts as strong support level in any subsequent decline. Take note that the low of 07 MAY 2025 candle was successfully held as support level on 25 JUNE 2025. For learn more regarding this topics (CANDLESTICK) , I would recommend these books :1) THE POWER OF JAPANESE CANDLESTICK - by FRED K.H. TAM (one of my technical analysis coach)
2) BEYOND CANDLESTICKS - by STEVE NISON
3) JAPANESE CANDLESTICK CHARTING TECHNIQUES - by STEVE NISON
Trade active
Hit 1st target at RM0.580 today (17 JULY 2025).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.