Strategy: Price Volume Analysis
Bias: Bullish. After recorded a 0.98 high back on 1 Nov 2019, the price started to drop in the pass 2 months, with diminished volume.
On 6 Jan, downtrend line was broken with significant volume. After the bad market yesterday due to the US-Iran tension, Sernkou came back stronger. It has made a bollinger band breakout as well.
Today it broke RM0.910 resistance with volume and closed high at RM0.935! If the momentum sustained, there should be a very positive movement in near term. Previous high resistance at RM0.980, after the immediate resistance of RM0.950.
Support: 0.910
Kindly like and comment to support if you agree with this trading idea! Thank you everyone and wish you all the best!
Bias: Bullish. After recorded a 0.98 high back on 1 Nov 2019, the price started to drop in the pass 2 months, with diminished volume.
On 6 Jan, downtrend line was broken with significant volume. After the bad market yesterday due to the US-Iran tension, Sernkou came back stronger. It has made a bollinger band breakout as well.
Today it broke RM0.910 resistance with volume and closed high at RM0.935! If the momentum sustained, there should be a very positive movement in near term. Previous high resistance at RM0.980, after the immediate resistance of RM0.950.
Support: 0.910
Kindly like and comment to support if you agree with this trading idea! Thank you everyone and wish you all the best!
Dagangan ditutup: sasaran tercapai
In one day time, SERNKOU reached the first TP zone at RM0.95, with a high of RM0.96. Congrats everyone followed :)
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.