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Volumespreadanalysis

HS1! 2020 Nov 30 Week PlanningHS1! Bar 1 Price tried to break out of the resistance zone before meeting rejection to higher prices, closing in the lower region of the bar. The breakout is not convincing Bar 2 Another breakout attempt, but made a lower high than bar 1. There is some demand as price close slightly above middle of the bar. Reason for caution is that although the top of the resistance at 26876 is beginning to act like support, we are still in the supply area of Bar 1. And the diminishing volume on the breakout attempts tell us that bullish strength is not really present. Scenario planning: 1) 26876 resistance turned support and strong buy volume comes in. Will it attempt to close the gap from February 2020? 2) Mark up on low volume continues before price reversal 3) Price reversals back into resistance zone, and subsequently goes lower back into the rotation range Trade with care for 30 Nov week.
HKEX:HSI1!
by paradox677
GBPUSD - SHORT Hello Traders, Hope everyone is doing well and staying safe. CABLE is showing some serious weakness here and if we see price action in the supply zone we can go short. On the other side DXY is not giving any clear signs of strength which can slow down the move for a while. Important : Wait for the price action to appear in supply zone on a smaller time frame and take your positions with no more than 1% risk. If you don't see a retest on supply zone then don't chase market wait for the first pullback to take your position. Have a great day!
Short
by Hussam-Qazi
2
<TradeVSA> IFCA - Reversal Completed...Ready for Resistance !1. Accumulation Stage - NS as support - LIne Change high volume indicating buyer in accumulation 2. Shakeout to remove weak-hand holders - A wash with Spring before test resistance in accumulation 3. CoC Setup follow by NS signal - Reversal completd with CoC Hit the "LIKE" button to support us :) 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
MYX:IFCAMSCLong
by MartinTFWong
Live FCPO Trade - 9 Nov'20- Market opened gap down and close on upbar with VSI. - Noticed that in the morning session, price is hovering just below the upper Downtrend line before closing. - Price did try to go up before move up but end up closing on the low with low volume; subsequent bars hold above the low of the opening bar (Evening session). - Price broke this line with high volume; subsequent bars it tried to climb back up but closing with a topping tail formation. At this bar, I set my EP at 1 bar below the low of the opening bar (3180) and another EP at 1 point below the low of the SO bar (3174). - Subsequently, both EP triggered and hit TP at 3166. Noticed that price at this bar touching the lower Downtrend line.
MYX:FCPOF2021
by mdalifalwi
<TradeVSA> KLSE Counters - Budget 2021PPE 1. Komark 2. Notion 3. Prolexus 4. Caely 5. Nova Wellness Group COVID Test Kits 1. Hong Seng 2. ACO 3. Nexgram Infrastructure 1. MMC corp 2. Gamuda 3. George Keng 4. Gabungan AQRS 5. Pansar 6. Bina Puri Telco 1. Telekom 2. Maxis 3. Digi 4. Axiata Property Development 1. Eco world 2. SP Setia 3. Sime Darby 4. IOI Properties 5. Mahsing 6. Titijaya National Sovereignty 1. Destini 2. Boustead Heavy Industries Corp Technology 1. INARI 2. Vitrox 3. UMC 4. All of whom located in batu kawan industrial park Buses 1. KTB 2. GETS cigarettes 1. BAT Hit the "LIKE" button to support us :) 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
MYX:BAT
by MartinTFWong
<TradeVSA> Beginning of Pullback or Downtrend ??- Supported nice above 20 / 40MA - Lots of Sign of Strength near support etc No Supply and Spring - Recently prices drop but with low volume - Red Pentagon started to appear in the chart Red Pentagon mean the trend is weakening. Continue to monitor for the right signal to ensure the charts are forming pullback setup: 1. Downbar low volume 2. Sign of strength near support - Spring Signal - No Supply Signal - Cluster of Closes Avoid the trades if no clear confirmation on Sign of Strength as prices may continue to pullback. What is Spring and No Supply? 1. Spring is a false breakdown and Smart Money tend to remove weakhand holders 2. No Supply is the situation of a deficit of buyers in the market Can pair the signal with green pentagon to ensure Pullback Complete setup Hit the "LIKE" button to support us :) 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
JLong
by MartinTFWong
<TradeVSA> Sedania - Solid Accumulation with a Shakeout ?1. Accumulation stage - Change of trend started with volume - Long period of accumulation (6 months) 2. Heavy Selling at Resistance - High volume bars with Up-Thrust 3. Removal of Weakhand-Holders - A shakeout below support level with Spring bars Successful tested support after the shakeout. Hit the "LIKE" button to support us :) 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
MYX:SEDANIALong
by MartinTFWong
<TradeVSA> Homeriz - Pullback Completed with Spring1. Mark-up stage 2. Re-accumulation - High volume Up-thrust change the trend - Low volume re-accumulation above 20 / 40MA 3. Pocket Pivot with No Supply Signal - Testing the resistance - Pullback with Spring Rating & Review by Smart Robie FA Rating: 3/8 1. PE = 12 2. ROE = 12.4% 3. DIY = 1.2% 4. Stock Bullish Rating = 90% Hit the "LIKE" button to support us :) 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
MYX:HOMERIZLong
by MartinTFWong
Live FCPO Trade - 26 Oct'20- Market opened on widespread downbar on VSI with no gaps before continue its Sideway move. - After 3:00pm, we see some activity with price breakthrough the Resistance (which was the old Support @ 2995) on VSI and also on Green Pentagon. We expect price to do a Pullback before moving up further. - I placed my EP at 2995 and was triggered within less than 1 minute. - After that, I set my TP @ 12pts and SL @ 6pts. As a precautionary measure, I also draw a line @ 3003 as a safety line for me to take profit should the price failed to move higher than that. - Price shoot up the next bar and eventually hit my TP of 12pts.
MYX:FCPOF2021
by mdalifalwi