HTPADU trade ideas
Breakout ConfirmationHTPADU is edging higher, breaking key resistance at 1.43 which was preceded by a Golden Cross and a reversal V-bottom pattern. Momentum is building up, signify the price is likely to rise further to our Fibonacci target level 2.618 at 3.09. It may meet resistance level at 2.04 on the way up. In the opposite scenario, the movement below 50-period MA will push the price lower.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
2/6/2020. Bursa Malaysia. HTPADU berpotensi untuk kenaikan paduBerpotensi untuk short swing dan mid swing
Dari segi FA
- PE > ROE
- Market volatile kerana hanya mempunyai 101.23juta jumlah share
- Sektor teknologi (Digital services)
Dari segi TA (menggunakan indikator sendiri)
- Candle masih dalam keadaan hijau untuk daily chart
- Entry 1.060
- CL 1.030
- TP1 1.18 , TP2 1.22
- RRR = 1:2.75 , 1:3.75
(Dibawah ialah candle bagi daily chart)
Jika mahu menggunakan indikator saya, boleh private chat saya
<TradeVSA> Heitech Padu gap up with high volumeStrength in the chart:
1. Pullback after breakout
2. High volume in hourly chart
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock