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ChartTrader | Joined since 2020-04-27

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Stock

2020-06-23 22:23 | Report Abuse

GPACKET

Weekly Chart (Mid-Term)---Trading Range 0.64 to 0.735/0.75. SR at 0.80. From a Doji last week, meaning it is still indecisive.
Daily Chart (Short term)—Rectangle trading from 0.64 to $0.735. Lately it forms a Bullish Divergence between RSI and Price, that means GPacket may stage some upward movement soon to try $0.735, if break it is expected to test $0.755/$0.80 and beyond.
Immediate Support at $0.665/0.64 and Resistance at $0.70/72/735.
SL if $0.64 is violated.

Stock

2020-06-14 17:02 | Report Abuse

PRLEXUS (8966)

For the past 4 weeks it has been trading in rectangle of $0.58 to $0.78.
At the existing level of $0.61 it does offer a good buying opportunity as it is near the Stop Loss level <$0.58. The Return Ratio is good.
It formed a Flag Pole Pattern and last Friday it closed with a “Hammer” implies a rebound is on the card.
I anticipate It will try to breakout from the Flag at $0.65 (Very Strong Resistance as it was also its previous uptrend Line). A break above with volumes it is expected to try $0.675/$0.695. If penetrate $0.70 it has the target of $0.76/$0.78.
Immediate support at $0.595 and Stop Loss if $0.58 is violated.

Stock

2020-06-04 21:49 | Report Abuse

E & O (3417)

After hitting low of $0.305, it has been steady and slowly build up stage 1 of its new cycle.
It has recently formed an Ascending Triangle Pattern which is very Bullish.
I anticipate E& O to break above the Triangle at $0.475 to try $0.50 and possible Target of $0.55.
Immediate Support is at $0.455 with Strong support at $0.435/$0.415.
Stop Loss if $0.415 is violated.

Stock

2020-06-02 22:28 | Report Abuse

REDTONE(0032)

It gaps up with volumes on 23/4 and hit a high of $0.495.
Since then it has been trading sideways from $0.405 to $0.495, and $0.495 was tested few times but proved to be strong Resistance.
The Gap of $0.375 to $0.41 has proved to be strong support.
Today it closed with a Bullish Candle with volumes, I anticipate RedTone to test its Strong Resistance at $0.495 and in the event this level is broken, it should try its $0.54/$0.57.
If it fails to clear $0.495, I will collect again when it is consolidating towards $0.405.

Stop Loss if $0.375 is violated.

Stock

2020-06-01 22:19 | Report Abuse

NISHIN(7215)—1/6/20
It had a Big gap up on 15/5/20, followed up with a Bullish Candle next day, but after hitting high of $0.185,it was pressed down with volumes to close bearish at $0.15.
Since then it has been consolidating between $0.135 to $0.155 with reduced volumes.
It formed a “Dragon Fly Doji” at support of $0.135 last Friday, I believe the consolidation maybe over for Nishin.
I anticipate it will break $0.16 to try $0.175/$0.185. In the event $0.185 is broken then the next target is at $0.20/$0.23.
Stop Loss if $0.135 is violated as next strong gap support is at $0.12.

Stock

2020-05-31 20:15 | Report Abuse

IFCA(0023)

Uptrend Channel of $0.35 to $0.42.
After hitting high of $0.41 it is under consolidation, and consolidation looks over as it formed a Doji during consolidation that can be a reversal signal.
A break above $0.375 signal more upward movement to $0.385 /$0.40/$0.42
It had so far unable to break above the Uptrend Channel.
In the event that Channel is broken it will try $0.45 and possible Target of $0.48.
Stop Loss if $0.35 is violated.

Stock

2020-05-28 21:32 | Report Abuse

MTAG (0213)

A Flag Pole formation which is very bullish.
Now it is inside the Flag trading range of $0.52 to $0.585.
Formed a Doji today which implies indecisive. But the location of this Doji during consolidation implies Bullish Reversal.
I anticipate MTAG to break above the Flag Formation at $0.58 to try immediate Resistance at $0.59/$0.61 and possible Target of $0.70.

Stop Loss if $0.51 is violated.

Stock

2020-05-27 22:12 | Report Abuse

LYC(0075)

On 15/5/20 I did a chart study for this stock and LYC has been trading sideways of $0.40 to $0.44 .As suggested I have been collecting when it comes down near to $0.40.
On 22/5/20 it formed a Hammer while consolation which is bullish signal, and I anticipate it will re try and break above $0.44 to try $0.455/$0.475 and the Shooting Star high of $0.49(Very Strong Resistance).
If LYC can take out $0.49 its next target is at $0.55.

Stop Loss if $0.395 is violated.

Stock

2020-05-26 21:38 | Report Abuse

SINOTOP (8532)

Expect to trade from $0.40 to $0.475.

It broke above its Flag Pole formation at $0.42 on 14/05 with Big Volumes and hit a high of $0.55.
Since then it has been consolidating between $0.475 to $0.40.
As long as $0.40 stays, I anticipate Sinotop to break above $0.475 to try $0.50/$0.55 and possible target of $0.60.
Any weakness towards $0.40 offer good buying opportunity.

SL if $0.385 is violated.

Stock

2020-05-20 22:20 | Report Abuse

ESCREAM (0100)

It was rejected at $0.595 on 13/05 and formed a Long legged Doji at the Top which was a Bearish Signal. Subsequently it consolidated downwards to a low of $0.36 before it shows a Bullish Reversal Candle today.
I anticipate Escream to break above its immediate Resistance of $0.43 to test $0.47/$0.50 and possible target of $0.53.
Immediate Support is adjusted to $0.41/$0.395.
Stop Loss if $0.39 is violated.

Stock

2020-05-18 08:31 | Report Abuse

LYC(0075)—15/05

Daily Chart--- LYC completed the Downtrend Stage 4 on 26/03 when hit a low of $0.125.Since then it has started its Stage 1 with an uptrend movement and broke out above $0.305 on 04/05 and it is now on the most bullish Stage 2.The Stage 2 Uptrend is at a steeper Gradient.
It was rejected at $0.49 lately on 13/05 and $0.49 will be acting as a strong Resistance now. It is under consolidation and any weakness towards immediate support of $0.40/$0.37 offer good buying opportunity. Immediate Resistance is at $0.45 and if break above $0.49 with volumes will take it to the next target of $0.55.

Good Lucks

Stock

2020-05-13 22:01 | Report Abuse

MUDAJAYA(5085)

Daily Chart--- Uptrend is intact, higher high and higher low so far. It is under healthy consolidation after hitting $0.36 on 5/5/20.Immediate support is at $0.33/$0.325 and strong support at $0.31. So far $0.33 had been tested several times and hold.
It is anticipated to close the “Fallen Gap” that happened on 9/3/20 at $0.35/$0.375. A break above $0.375 it is expected to try $0.40 and possible Target of $0.45.

Stop Loss if $0.30 is violated.

Stock

2020-05-11 21:12 | Report Abuse

MSM (5202)—08/05

Forming a “Flag Pole” pattern which interprets as Bullish Signal. It is consolidating inside the Flag from $0.565 to $0.65.
Any further weakness towards $0.60/$0.58/$0.565 offers buying opportunity for future advancement.
A break above its “Flag” at $0.65 with volumes will propel MSM to $0.70/$0.75 and possible target of $0.785.
Stop Loss if $0.565 is violated.

Stock

2020-05-07 23:04 | Report Abuse

GDB (0198)—This stock enjoyed an upward movement until it hit the high of $0.795 on 20/02/20 and was pressed down fiercely to $0.33 on 17/03/20.
But it has staged a “ V ” shape of recovery which implies that next uptrend is on the card.
After hitting high of $0.665 on 23/04/20 ,it is consolidating sideways from $0.60 to $0.665. Any weakness towards $0.62/$0.60 offer buying opportunity for future advancement.
A break above $0.665 it is expected to test $0.70/$0.71( Gap Resistance) and possible target of $0.745.
Stop Loss if $0.60 is violated.
I bought in at $0.63 last Wednesday.

Good Luck !

Stock

2020-05-03 21:14 | Report Abuse

SLVEST (0215)

Uptrend Channel, rejected at $1.03 with volume on 23/04 which acts as Strong Resistance now. It consolidated with low volume and lately the volume started to pick up, RSI is curving up. I expect Slvest to re test its resistance at $1.03 if it can close above $0.97. It has the target of $1.08/$1.10 if $1.03 is broken with volumes.
Collect on any weakness with immediate support at $0.93/0.91 and I will stop loss if $0.885 is violated.
I collected at $0.945 last week end.Will collect more near 0.93/0.91.

Good Lucks.

Stock

2020-04-29 21:17 | Report Abuse

KPS (5843)

Stage 1 of the new cycle is completed at the high of $0.63 on 23/04/2020 which is also the day it broke out from its Triangle at $0.53 and hit a high of $0.63 with volumes.

KPS has been consolidating towards its $0.53/$0.51 & consolidation looks over for me at a low of $0.51.
I anticipate KPS to retry its immediate Resistance at $0.58/$0.60 and very strong resistance at $0.63.

It will show immediate weakness if break below $0.51 and I will stop loss if $0.49 is violated.

I bought in today at $0.56.

Good Lucks !

Stock

2020-04-29 21:15 | Report Abuse

POHKONG (5080)

It has started the new cycle and I think Phase 1 cycle was completed at the high of $0.525 on 21st April 2020.

It has formed a Symmetrical Triangle lately and I am anticipating PohKong to break above the Triangle in near future. The volume dropped in line with the consolidation lately.

Now it is at the level that traders can consider to enter as the Cut Loss level is near to the uptrend line( $0.46)

I am expecting PohKong to break above $0.48 to try its immediate resistance at $0.51, a successful penetration with volume it is expected to try its Triangle Downtrend Resistance Line at @$0.53/$0.535 In the near future.( Very Strong Resistance at this level).

A breakout above the Triangle with volumes it is expected to test it immediate Resistant at $0.56 & possible Target of $0.60.

A show of weakness if break below $0.46 and I will take my losses if $0.45 is violated.

I bought in Pohkoang today at $0.475 today.

Good Lucks !

Stock

2020-04-28 21:44 | Report Abuse

ROHAS (9741)

Stage 4 cycle ended on 19/3 with low of $0.17.It is starting its new stage 1 cycle in a Uptrend Channel which is very bullish and offer trading opportunity.
It immediate Resistance is at 0.435 and if break and stay above it is expected to close the gap $0.46/$0.485.
First weakness if break below $0.385(Uptrend channel support) and will cut losses if break below $0.375.
I bought in at $0.40 today.

Good Luck !

Stock

2020-04-28 21:27 | Report Abuse

KRONO (0176)

Stage 4 cycle ended on 19/3 with low of $0.315.It is starting its new stage 1 cycle in a Uptrend Channel which is very bullish and offer trading opportunity.
It was rejected twice at $0.595 (Uptrend Channel Resistance and Gap Down Resistance on 09/03/2020.)This level will stays as Immediate Strong Resistance.
Volumes is healthy, RSI curve up at 62.5 today.
I anticipate Krono to re test $0.595 and if break should try $0.635/$0.66.
First weakness if break below $0.54(Uptrend Channel support) and will cut losses if break below $0.525.
I bought in at $0.555 today.

Good Luck !

Stock

2020-04-27 23:04 | Report Abuse

TRC --After hitting low at 0.20 on 19/3/2020 TRC has slowly building up its uptrend..After hitting immediate high of $0.32 on 09/04/2020 it has been consolidating sideways for the past 10 day, Today it hits its immediate resistance at $0.32 today.
It is expected to break above $0.32 to test $0.345/$0.365. if break above may try its immediate target of $0.38.
Collected some at 0.315 today.
Good Luck !

Stock

2020-04-27 22:19 | Report Abuse

TA wise, it is on uptrend.
Try to break out from the Symmetrical Triangle at 0.575 but do need more volumes.
Expect it to stay above 0,57 to test immediate Resistance at 0.60/0.63..
Collect at 0.565 today !!
Good Luck !

Stock

2020-04-27 22:07 | Report Abuse

TA wise..Start to show Bullish Divergence..Price Vs RSI
Resistance at 0.08/0.105..
Support at 0.06.
Collect some at 0.065..
Good Luck !