P.A. RESOURCES BHDDiupdate Another breakout happening soon?
BUY
- Buy around 550 within the area between 550 and 575
- If it can’t break 590, it might go back to the range of 550 – 575 in hope to forming a lower level of volatility of less then 7% - shake out the previous hands in Jan & Feb (+90%)
SELL
- SL is around 515 with a -7%
- Observe accordingly since there are multiple resistances from years back
RATIONALE
- Reduced volatility towards the right of the chart
- Another smaller cup might be formed within the cheat area if it can’t break the previous high
**the analysis is solely for my own references and learning
- Buy around 550 within the area between 550 and 575
- If it can’t break 590, it might go back to the range of 550 – 575 in hope to forming a lower level of volatility of less then 7% - shake out the previous hands in Jan & Feb (+90%)
SELL
- SL is around 515 with a -7%
- Observe accordingly since there are multiple resistances from years back
RATIONALE
- Reduced volatility towards the right of the chart
- Another smaller cup might be formed within the cheat area if it can’t break the previous high
**the analysis is solely for my own references and learning
Catatan
Due to overall bad market sentiment, it went down but a long lower shadow shows hope
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.