STOCK TRADING :11)Kpower- top 20 jewel series of Malaysia stock

THIS IS TRADE 99) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kpower has been in uptrend ever since Apr 2019…it is trying to retest the previous high at RM3.00-3.10…Since the “Great Fall” in mid-March this year, kpower has since gained more than 300% frm the bottom RM0.90…!
a breakout frm current RM3.00-3.10 resistance might trigger a new round of uptrend
current support : RM2.50
lower support : RM1.88
resistance : RM3.00-3.30 new high
Overall, kpower is still in tandem with its uptrend momentum…the only worry is that if it fails to make new structure high in price, then it will form a triple tops at range of RM3.00-3.00 thus the making it a high risk of reversal…
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kpower has been in uptrend ever since Apr 2019…it is trying to retest the previous high at RM3.00-3.10…Since the “Great Fall” in mid-March this year, kpower has since gained more than 300% frm the bottom RM0.90…!
a breakout frm current RM3.00-3.10 resistance might trigger a new round of uptrend
current support : RM2.50
lower support : RM1.88
resistance : RM3.00-3.30 new high
Overall, kpower is still in tandem with its uptrend momentum…the only worry is that if it fails to make new structure high in price, then it will form a triple tops at range of RM3.00-3.00 thus the making it a high risk of reversal…
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.