SENDAI - BUY ON DIP ?
SENDAI - CURRENT PRICE : RM0.570
SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart.
i) The share price manage to breakout 50-day EMA
ii) Price bounce from support level of ICHIMOKU CLOUD indicates that buying interest is sufficiently strong to overcome selling pressure
iii) CHIKOU SPAN also manage to bounce from CLOUD support level
iv) RSI (above 50) heading upwards and stochastic oscillator is in oversold zone
v) High trading volume than previous sessions.
Technically it is a BUY ON DIP for this stock.
ENTRY PRICE : RM0.560 - RM0.575
TARGET PRICE : RM0.625 and RM0.690
STOP LOSS : RM0.530
TAYOR !
SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart.
i) The share price manage to breakout 50-day EMA
ii) Price bounce from support level of ICHIMOKU CLOUD indicates that buying interest is sufficiently strong to overcome selling pressure
iii) CHIKOU SPAN also manage to bounce from CLOUD support level
iv) RSI (above 50) heading upwards and stochastic oscillator is in oversold zone
v) High trading volume than previous sessions.
Technically it is a BUY ON DIP for this stock.
ENTRY PRICE : RM0.560 - RM0.575
TARGET PRICE : RM0.625 and RM0.690
STOP LOSS : RM0.530
TAYOR !
İşlem aktif
Hit 1st target price at RM0.625 on 27 DECEMBER 2024.
May take some profits and let some to test next target at RM0.690
İşlem kapandı: hedefe ulaştı
Hit 2nd target RM0.690 on 31 DECEMBER 2024.
Feragatname
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