FPGROUP trade ideas
FPGroup advance 30% since BoD signal.10April.
Price closes below lowest of last 2 lows for the first time since 25 Mar.
Currently supported by confluence of trendline, EMA200 supports around 0.58-0.60.
FiFT still GREEN indicating BULL still in control but momentum is OverBought.
8 April.
FPGroup advanced > 30% since 25 Mar when FiFT turned Green with BoD signal.
Resisted by EMA50 and 0.5 Fibo around 0.68
Most likely FPGroup will turned sideway between Support @ 0.58 and Resistance @ 0.68.
Considering FPGroup is currently Overbought, best option is to wait to buy at 0.60 area with condition FiFT still green..
{SWC} FPGROUP Limit Up or Sell On News?Thankyou for your continued support ! :)
Bias: Bullish. FPGROUP was a hot stock recently where it has pulled up for nearly 45% in 2 trading weeks. Today FPGROUP quarter report has shown positive result which correlates with the market expectation. Will it break the rm1.00 resistance tomorrow? Or there will be a sell on news?
Support: 0.93
Resistance: 1.00
{SWC}——FPGROUP, Triangle Breakout!Thank you for your continued support :)
Strategy: Price-Volume Analysis
Bias: Bullish. FPGROUP has made a successful triangle breakout with volume today. SWC's private group members were informed right before the spike at RM0.845/RM0.850 zone.
SWC expects there will be more momentum generated following the breakout, where positive movement should be seen at near term.
S: 0.850, 0.830
R: 0.900, 0.915
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Why FPGROUP spike high today? BreakOut DownTrendLine (BODTL)!First of all, congrats to the followers of our Notion analysis done on Thursday which hit the pre-determined targeted price of RM0.950 on Friday.
How did we catch FPGROUP before the majority at RM0.505 today? FPGROUP had made a successful BreakOut DownTrendLine (BODTL) when it broke RM0.505, which was the first signal triggered with increasing volume. Furthermore, when FPGROUP broke previous high at RM0.510, indicating a strong momentum was continued to be generated! It's hit our first target RM0.525 for today. We are looking forward for a targeted price of RM0.555 in the very near term.