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Tan Cheong Motor – Breaking out of the major downtrend line Tan Cheong Motor is likely cementing its bullish reversal at the bottom and is likely to see a strong reversion to the upside. Especially it has broken out of the major downtrend line which started in 2013. Furthermore, the stock has seen buying pressure above the block of support between 0.460-0.625 and has broken out of the immediate overhead resistance (24 Jul -19 Sep 25). Momentum is strong as modified mid-term Stochastic Oscillator is showing an oversold crossover. 23-period ROC is ris
MYX:TCHONGLong
by William-trading
EG GOING FOR MARK UPThis is a Rising Bottom, #2 Schematic of Accumulation As you can see it, my point of interest would be over the yellow box area That is where a Feather's Weight formed. -a series of waves that undergone contraction, making higher high & higher low Then, Springboard formed afterwrds. -the final contraction : (focus on 12th, 17th, 18th stepmber Bar, or Cadnlestick whatever that you prefer) The bar on 17th Septmber, would be a Local Spring which further triggered me to initiate the pos
MYX:EGLong
by drsyariz
DRBHCOM - BREAKOUT EMA 200 with VOLUME !DRBHCOM - CURRENT PRICE : RM0.910 DRBHCOM broke out EMA 200 with high trading volume. At the same time, the stock is also above ICHIMOKU CLOUD. Take note that the lows in price are getting higher - indicating demand is increasing. This bullish scenario is also supported by recent breakout down trendline in RSI oscillator. RSI is rising and currently at 65.54. Take note also that there is a double bottom chart pattern with the second low is slightly higher than previous low. There is possib
MYX:DRBHCOMLong
by IMRAN_96