$KIMLUN (5171.MY)$ $KIMLUN (5171.MY)$
Current Price: RM1.680
Prices already break the resistance at RM1.680
RSI is above 70, which indicates a bullish momentum.
Good stocks for Swing Traders.
For target price, I believe if there's enough momentum, it can hit RM1.940 based on Fibonacci Projection.
Disclaimer: Not a purchase recommendation. For informational purposes only.
Current Price: RM1.680
Prices already break the resistance at RM1.680
RSI is above 70, which indicates a bullish momentum.
Good stocks for Swing Traders.
For target price, I believe if there's enough momentum, it can hit RM1.940 based on Fibonacci Projection.
Disclaimer: Not a purchase recommendation. For informational purposes only.
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1
4
6
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1. THETA
2. EDARAN
3. AYS
4. BMGREEN
5. HAILY
6. HSSEB
7. FFB
8. KIMLUN
9. RAMSSOL-WA
10. PLYTEC
11. GFM-WD
12. APM
2. EDARAN
3. AYS
4. BMGREEN
5. HAILY
6. HSSEB
7. FFB
8. KIMLUN
9. RAMSSOL-WA
10. PLYTEC
11. GFM-WD
12. APM
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$SYNERGY (0279.MY)$ $SYNERGY (0279.MY)$
There's a reversal candle pattern called a Bullish Harami.
For a conservative strategy, further confirmation is needed to validate the reversal. If the price breaks above RM1.41 in the next candle, then the reversal is confirmed.
It could be a continuation candlestick pattern if the price fails to break above RM1.41 and falls below RM1.02.
There's a reversal candle pattern called a Bullish Harami.
For a conservative strategy, further confirmation is needed to validate the reversal. If the price breaks above RM1.41 in the next candle, then the reversal is confirmed.
It could be a continuation candlestick pattern if the price fails to break above RM1.41 and falls below RM1.02.
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$SNS (0259.MY)$
Opportunity to buy on breakout if the price breaks above the 0.940 or 0.955
Good stocks for swing traders.
Opportunity to buy on breakout if the price breaks above the 0.940 or 0.955
Good stocks for swing traders.
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$JPG (5323.MY)$ $JPG (5323.MY)$
Price breakout above RM0.93 resistance line which is at an all time high.
RSI shows above 70, indicating a bullish momentum.
I believe it can reach RM1.14 if the price breaks above RM1.00
Price breakout above RM0.93 resistance line which is at an all time high.
RSI shows above 70, indicating a bullish momentum.
I believe it can reach RM1.14 if the price breaks above RM1.00
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$JPG (5323.MY)$ $JPG (5323.MY)$
It seems the price rebounds on the 50% level of fib.retracement.
Entry Point when price breakout 0.93
Disclaimer: Not a purchase recommendation. For informational purposes only.
It seems the price rebounds on the 50% level of fib.retracement.
Entry Point when price breakout 0.93
Disclaimer: Not a purchase recommendation. For informational purposes only.
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Alif Afifi OP WealthGen : That is Fibonacci Retracement, I use it to find the dynamic support and resistance, here as you can see the dynamic support could be at 50% level which is at RM1.38, meaning that the price would likely rebound at that level.
Alif Afifi OP WealthGen : No problem. As for your question, I determine the swing high and low based on today's candlesticks, then switch to a lower timeframe.
Next, I plot the swing high at the day's highest point and the swing low at the day's lowest point.
I mostly use this method for stocks that break out to a 52-week high, in order to identify whether the price movement can sustain above the 50% level or not.