Notion VTec Bhd.
No trades
Market insights
Discount stockStrong buy because it is still discount and less risk.The trading plan at the moment is BO:0.655,SL:0.57,TP:0.865
PREDICT PRICE DIRECTION ONLYPredict
price will break zone / box with volume
will test Resistance
duration monitoring - 2 to 4 weeks
NOTIONThe way of price
1.. Red Arrow
2.. Green arrow
What ever trader choose, trader will wait fot outcame
NOTION, worth to risk?Has the operator started dumping? This could be contributing to the current market pressure.
The MACD is still showing a bearish crossover (DC), which suggests the market may be following a FIFO (first in, first out) pattern for now.
There are also several resistance levels ahead that could pose challenges for any potential upward movement.
NOTION AT WATCHLISTThis Weekly FORECAST
Opportunity for NOTION. 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 will rebound from 0.382?Looking at the chart for Notion VTec Berhad, here's my analysis:
Current Price Action:
- Trading at RM1.25, down 0.97%
- In wave iv of a larger Elliott Wave structure
- Price finding support at key Fibonacci levels
Elliott Wave Analysis:
- Completed waves i through iii
- Currently in wave iv correction
- Wave v target projected around RM1.45
Key Technical Levels:
1. Support:
- Major support at RM1.09 (0.618 Fibonacci)
- Secondary support at RM1.00 (0.786 Fibonacci)
- Critical support at RM0.870 (wave i low)
2. Resistance:
- Immediate resistance at RM1.23 (0.382 Fibonacci)
- Major resistance at RM1.45 (wave v target)
- Trend line resistance around RM1.35
Key Points:
- Price bounced from RM1.16 support level
- Moving averages beginning to turn upward
- Volume showing potential accumulation phase
- Trading within an ascending channel
Trading Considerations:
- Wave iv appears to be completing
- Stop loss could be placed below RM1.16
- Risk/reward favorable for wave v setup
- Watch for break above RM1.23 for confirmation
NOTIONThis Weekly FORECAST
Opportunity for NOTION. 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.
NOTION - Bearish trend coming No comment just follow the trend no need to counter trend
#thisonlyforpredectionstudy
#thisnotforbuycallorbuysell
#chartpattern
#TAYOR
#MFM.TRADER
NOTION the end game?The stock has encountered a MACD bearish crossover and has dipped below the most of the EMA lines.
These indicators suggest a bearish trend, making it prudent to avoid this stock for the time being.
Make sure you're in the RIGHT SECTOR (right place at the right time) like FengShui 🤩
When the wind is not blowing, no point sitting there waiting, position ourselves in place of most opportunities. When the tide comes in, all the boat will rise (unless that boat is a sinking boat - poor quality stock)
Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
Notion VTec Bhd (KL:NOTION) share price reached a decade high on Tuesday, said the surge could be attributed to its strong financial performance recovery, an industry turnaround, and heightened investor interest
Notion said it recorded positive returns for the first two quarters of the current financial year ending Sept 30, 2024 (FY2024), leading to favourable responses from both retail and institutional investors, indicating confidence in its future prospects.
group reported a net profit of RM14 million for the second quarter ended March 31, 2024 (2QFY2024), a significant turnaround from a net loss of RM7.77 million a year earlier, driven by higher revenue. Revenue rose 21.8% to RM111.6 million from RM84.7 million, mainly due to strong performance of the electronics manufacturing services and hard disk drive (HDD) segments.
At RM1.96, Notion's market capitalisation has surpassed RM1 billion. The stock has gained over 500% year-to-date.
Notion: RM3.20 ?Notion is on recovery mode. I think it will move higher in the near terms targetting RM3.20.
Notion: targetting 2.0?Based on the current trend, i'm expecting notion to continue the trend targetting rm2.0
NOTION, will the bear take over on coming week?Overall trend is good. Consider to leave once brake 1.14
The stock market is a highly dangerous place.
Get in, take your profit and get out quick!
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
NOTION GOING FOR MARK UPA Typical Accmulation Schematic #2
Which currently showing Buec
With a lot of demand going in, position initiated as attached
Pure Wyckoff
breakout 10WEMA
breakout from consolidations around 10 weeks Exponential Moving Average
produces an explosive move.
Notion AmazingPrice has comeback to near resistance with good volume
Good risk rewards ratio
Refer to our momentum speed parameter it tells that it requires little bit higher volume to push upward but it also opportunity for big player as it is provide liquidity
NOTION- Volume coming in and still have momentum
- Next wave will coming, monitor tightly
- TP as projection
NotionSeveral indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors collectively point towards the possibility of an upward movement in the near future
NOTION triggered based on MRV1 on closing 18 Dec 23Buy signal triggered based on MRV1 setup at RM0.345;
20% target at RM0.415; stop loss at RM0.310;
2-3 months due to the signal based on the daily timeframe.
**Only for discussion purposes. Not a buy / sell call**
An Uptrend Pattern!The candlestick body trend indicates an uptrend pattern where it closed above the MA20 line with volume below MA20.
The RSI is above 50 indicating a long-term uptrend momentum.
MACD and OBV indicate a divergence pattern, a beginning of an uptrend pattern.
Let's save NOTION to WL and watch out for significate price movement with volume where it continues the price momentum towards the next price resistance.
R 0.435
S 0.405
