PTRANS 217 days VCP SetupPTRANS VCP has developed for 217 days.
C1: ~27%
C2: ~14%
C3: ~13%
C4: ~10%
C5: ~4%
Good fundamental company with consistent dividend. Also part of recovery stock on public transportation sector.
I still waiting for buy signal. Share now for you all to monitor it closely.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
PTRANS trade ideas
Trading Journey (1st Step)Hello Traders,
I am currently learning Technical Analysis , and the ideas I post are what I call ("Learning Notes").
Comments on my analysis are very much welcome and will be greatly appreciated.
If you like my analysis, kindly drop a like and follow me! :)
Let us learn together, and grow together to be a better trader!
Sincerely,
Kenneth
Disclaimer:
This is not a long/short recommendation, nor should it lead to any market actions and/or activities. Trade at your own risk.
PTRANS, 1 or 2?Seems to support strongly at 0.290.
R1: 0.290
R2: 0.295
R3: 0.300
R4: 0.305
R5: 0.330
If able to break R1, R2, possible uptrend 1.
If failed, possible fall 2 to find support at 0.270 and test up again.
If failed and fall below 0.270, then will find next support:
S1: 0.270/0.265 (may set as stop loss if fell below S1 at closing)
S2: 0.245/240 (Beware if fall below S2 at closing)
Ptrans Strong TrendCurrently Uptrend after succeed to break the down trend.
In ranging area of wave 4; 0.260-0.315.
Wave 5 TP;
1. 0.320
2. 0.340
3. 0.355
If price break 0.260 with volume, wave 4 still valid and go to 0.250 or 0.230.
but, if the price touch 0.220, wave 4 is void.
for education of wave.
PTRANSBerdasarkan MACD, ia menunjukkan bullish divergence. insyaAllah akan naik.
TP1: 0.245
TP2: 0.27
TP3: 0.295
TP4: 0.345
TP5: 0.425
SL: 0.20
boleh nampak trend elliot wave di anjakan pradigma yang pertama...
Rezeki itu miik Allah yang Maha Kaya . Kita hanya perlu berusaha dan tawakal....insyaAllah