LATENT VIEW ANALYTICS LTDPanjang
POTENTIAL LONG OPPORTUNITY IN LATENTVIEW AFTER GOOD RESULTS
LATENTVIEW has reported a 34% rise in Y-o-Y Sales and 17% rise in Y-o-Y Profits.
PRICE ACTION:
WEEKLY: Stock is trading within a range.
DAILY: Stock has broken out of a downward trendline.
RATIONALE: The good quarterly results might act as trigger point in pushing the price up to the previous resistance. Not much of selling pressure is seen in the red candles. There are significant green candles in the range. This suggests that the stock is in the accumulation stage.
Targets and Stoploss are marked in the chart.
DISCLAIMER: This is shared for educational purposes only and not a recommendation to BUY/SELL. Please do your own research before taking a decision.
Happy Trading!
PRICE ACTION:
WEEKLY: Stock is trading within a range.
DAILY: Stock has broken out of a downward trendline.
RATIONALE: The good quarterly results might act as trigger point in pushing the price up to the previous resistance. Not much of selling pressure is seen in the red candles. There are significant green candles in the range. This suggests that the stock is in the accumulation stage.
Targets and Stoploss are marked in the chart.
DISCLAIMER: This is shared for educational purposes only and not a recommendation to BUY/SELL. Please do your own research before taking a decision.
Happy Trading!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.