DAYANG - CURRENT PRICE : RM1.85
DAYANG is showing an improving position trading setup as momentum begins to shift after a prolonged downtrend. The RSI (21-day period) is now spending more time above the 50 level (highlighted in the orange rectangles), which previously led to a significant bullish expansion. A similar scenario may be developing again, suggesting the downtrend phase has likely ended and accumulation is underway.
From a trend perspective, EMA 50 has crossed above EMA 200, forming a golden cross — a strong medium-term bullish signal. The last golden cross in August 2022 (look at orange circle) preceded a sustained uptrend, and the current structure appears to be mirroring that behavior. Price is also holding above the rising trendline, reinforcing the bullish bias.
Technical risk-reward remains attractive for position traders as price consolidates near the moving averages with limited downside.
Trading Plan (Position Trade):
🔥Buy Zone: Current levels / minor pullback
🔥TP1: RM2.25 (21.62%)
🔥TP2: RM2.55 (37.84%)
🔥Support / Invalidation: 1.67 (-9.73%) --- (February 2026 bullish harami pattern low)
As long as price holds above 1.67, the structure favors trend continuation higher, with momentum expected to expand similar to previous RSI (21) above 50 phases.
DAYANG is showing an improving position trading setup as momentum begins to shift after a prolonged downtrend. The RSI (21-day period) is now spending more time above the 50 level (highlighted in the orange rectangles), which previously led to a significant bullish expansion. A similar scenario may be developing again, suggesting the downtrend phase has likely ended and accumulation is underway.
From a trend perspective, EMA 50 has crossed above EMA 200, forming a golden cross — a strong medium-term bullish signal. The last golden cross in August 2022 (look at orange circle) preceded a sustained uptrend, and the current structure appears to be mirroring that behavior. Price is also holding above the rising trendline, reinforcing the bullish bias.
Technical risk-reward remains attractive for position traders as price consolidates near the moving averages with limited downside.
Trading Plan (Position Trade):
🔥Buy Zone: Current levels / minor pullback
🔥TP1: RM2.25 (21.62%)
🔥TP2: RM2.55 (37.84%)
🔥Support / Invalidation: 1.67 (-9.73%) --- (February 2026 bullish harami pattern low)
As long as price holds above 1.67, the structure favors trend continuation higher, with momentum expected to expand similar to previous RSI (21) above 50 phases.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。