CUSCAPI will rebound starting as wave 3
Historical Movement
The stock saw a major peak around 0.370 (marked at 3.618 level)
Experienced a significant downtrend from June to September 2024
Currently showing potential consolidation and base formation
Key Technical Levels:
Resistance Levels:
Major resistance at 0.275 (marked in red)
Secondary resistance at 0.245
Currently testing intermediate resistance around 0.225-0.230
Support Levels:
Strong support at 0.180
Immediate support trend line (green) acting as dynamic support
Price has formed a higher low pattern recently
Technical Indicators:
Moving Averages:
Multiple MAs show potential crossover points
Price is currently testing the shorter-term MAs from below
The longer-term MA (likely 200-day) is still trending downward
Volume Analysis:
Recent volume spike shows increasing interest
Volume generally higher during downtrends
Current consolidation showing reduced volume, typical of base formation
Trading Setup (Current):
Risk Management:
Stop Loss: 0.040 (17.02% risk)
Target: 0.085 (36.17% potential reward)
Risk/Reward ratio: 2.13 (favorable)
Chart Pattern:
Appears to be forming a potential inverse head and shoulders pattern
Neckline resistance around 0.225-0.230
Volume pattern supporting the potential reversal setup
Market Structure:
Shows signs of transitioning from downtrend to potential bottoming phase
Multiple support levels being established
Fibonacci retracement levels marking key resistance zones
IWCITY WAITING THE BREAKOUTFORECAST FOR THIS WEEK
Opportunity for IWCITY. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
Nestcon: Breakout Potential for 2025Nestcon is showing signs of strength with a primary target at RM0.710 – nothing is impossible if this momentum continues!
✨ Key Levels:
• Strong support: RM0.350 - RM0.355
• Short-term target: RM0.550
• Long-term target: RM0.710
If volume increases, this could pave the way for further upside. Keep an eye on this counter for exciting opportunities!
TANCO MAKE 180% LESS THAN ONE YEAR, HINT FEB 2024TANCO I give hint on Feb 2024, Now already make about 180%. This can be hold until next year.
Opportunity for TANCO. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
SNS GOOD VOLUME AND MOMENTUM. 2 ENTRY PHASE WE WAITINGToday FORECAST on SNS
Opportunity for SNS. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
NOTION - Looking for continuous bullish sentiment.N wave with E, V, N & NT projection.
The price is at the edge of the down Kumo. A break and close above the NT level and Kumo would confirm bullish momentum.
Tenkan-Sen is rising and above the Kijun-Sen, indicating short-term bullish momentum.
Chikou Span positioned above the price and cloud, reinforcing a bullish bias.
Recent bullish candles are accompanied by increasing volume, suggesting growing buying interest.
A breakout above 1.39 will confirm a bullish continuation.
Failure to hold 1.30 could lead to a deeper correction.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
JCY WAITING BREAKOUT, VOLUME STILL HAVEThis Weekly FORECAST
Opportunity for JCY. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
GENETECThis Weekly FORECAST
Opportunity for GENETEC. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
MI - sector TECHNOLOGY may be moving upExpect a deep wave 2 retracement, but for now seems like small retracement, rebound at MA 200
Current price shows MYR 2.24 (+3.23%) with key support at MYR 2.01 and resistance at MYR 2.67. The stock has formed a bullish trend since October 2024, showing higher lows and higher highs.
Technical indicators show:
Price trading above both short-term and long-term moving averages, indicating bullish momentum
Strong volume activity supporting recent price movements
Green momentum bars in the lower indicator suggesting positive sentiment
Upward trend channel formation with price respecting the lower trendline as support
Key levels to watch:
Immediate resistance: MYR 2.67
Current support: MYR 2.01
Price currently consolidating near MYR 2.24
The stock has recovered from its September 2024 lows and appears to be in a recovery phase with improving technical indicators. The presence of higher lows and sustained trading above moving averages suggests continued bullish sentiment in the near term.
Volume analysis indicates strong participation on upward moves, lending credibility to the current recovery. Traders should watch for a potential breakout above MYR 2.67 for further upside momentum.
GDB - to continue its uptrend ?1. GDB - according to the theory is in a real uptrend (MA50 over MA200 Weekly)
2. Make a Double Bottom with accumulation for 570 days
3. Rebound from minor support (0.295) with volume that is larger than average
4. Interesting to follow if BO 0.355/0.360 Minor Resistance, which is also AVWAP line
TAYOR.. Kajian ini untuk pembelajaran diri sendiri sahaja
SAMAIDEN poised for next uptrend wavecorrrection at 0.382
risk reward ratio is good
Here are the key elements I observe:
1. Price Movement:
- The chart shows candlestick patterns with both red and green candles
- Current price appears to be around 1.03 MYR (Malaysian Ringgit)
- There are multiple price levels marked with Fibonacci retracement levels (shown as horizontal lines)
2. Technical Indicators:
- Moving averages shown as curved lines in different colors
- Volume bars at the bottom of the chart (green and red bars)
- Various numbered points (1-5) marking significant price levels or movements
- Wave patterns labeled with roman numerals (iii, iv, v)
3. Trading Information:
- Buy level marked at 1.16
- Sell level marked at 1.15
- Target price shown as 0.09 (7.76%)
- Stop loss level appears to be set at 0.04 (3.45%)
- Risk/Reward ratio indicated as 2.25
4. Time Frame:
- The chart appears to be showing recent price action with data points marked for September 2024
- Volume analysis indicates varying levels of trading activity throughout the period
5. Market Status:
- The stock appears to be in a corrective phase after reaching a peak marked by point 5
- Multiple support and resistance levels are clearly marked on the chart
The overall chart seems to be a detailed technical analysis setup used for trading decisions with multiple indicators and price levels to guide entry and exit points.
Daily - Telekom - Breakout Yearly High
Technical Analysis:
1) All MA200 below prices
2) Price breakout RM6.39 and heading to RM7.57
3) If price stand firmed above RM7.57, might MIGHT head to RM9.10
Do I have patient to wait for it? Without chasing the price?
We shall see
I like to use 3 windows to view it on monthly, weekly and daily. Easier for me to recall what was my strategy for this chart.
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