FPGROUP trade ideas
FPGROUP - 2xHH, 2xHLGreen Arrow (Transparency = 0) = Representing Opportunity
Red Arrow (Transparency = 0) = Representing Risk
Green Arrow (Transparency = 30%) = Representing Alternate View for Opportunity, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate View for Risk, or less probable outcomes
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
FPGROUP Bullish mode..There is still no sign yet for bearishAfter a huge markup and distribution phase, now this stock gives good buying rally.
There is no sign of the seller will take over yet the market.
Buying opportunities still there until there is sign of exhaustion where buyers not interested to get the price higher.
FPGROUP - Closed at Fibo 61.8% resistance levelFPGROUP - 13/05/2020
- Bullish trend is still strong
- MACD and RSI still bullish
- The price closed at 0.765 resistance area which also lines up with Fibo 61.8% retracement level
- Can hold if uptrend support line is not broken
- We may look for upside potential if 0.756 is broken out
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