WASEONG Re-accumulationRe-accumulation with CnH pattern.
There are multiple TP target
1. PnF for accumulation
2. Fibo extension
3. CnH
Waseong
Bursa Waseong Might Break Up Frankly I don't like the fundamentals of this company.
But the chart looks pretty interesting with possible upside potential.
WASEONG - Solid Energy PlayWASEONG
Theme: O&G
Rst: 0.92
Spp: 0.825
Doji candlestick, muted pressure from volatile global oil movement the past few days, and the latest move indicates the stock has secured good support at Fibo Ext 23.6%, likely to have further upside.
WASEONG - Widening Bollinger Band Strengthens Bullish ToneWASEONG - Bullish breakout from 1.33 and this level is being confirmed this morning as attempt to sell down is quick being absorbed. Coming resistance at 1.46 to 1.54
MFA Analysis - WAH SEONG (5142)Wah Seong had triggered author's buy signal when the price hit @ 0.755
The information provided here is an author's general opinion only and neither purports nor intends to be, specific trading advice. The information should not be considered as an offer or enticement to buy, sell or trade. Always trade at your own risk.
WASEONG - Challenges AheadLaburlah Technical Coverage (13-APR, Friday):
WASEONG
Technical Analysis Breakdown
1. Trend: Technical rebound
2. RSI & Stochastic: Reversing
3. Strong resistance: MA50 or 1.495
4. MACD: Close for bullish cross
5. Bollinger band: Pointing downward
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
