Daily chart.
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Daily chart.
Take note of clusters of support/resistance identified on the chart.
To move higher, the price needs to break above the cluster of resistance between RM0.235 and RM0.25 formed by S-Trader Trend Tracker and S-Trader S/R Curve with relatively above average volume or higher.
Is it capable to do so ?
But, if the cluster of support fails to hold the price action it may turns out bad for investors/traders.
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Two weeks ago we posted in our blog this counter after TheStar published 2019 Stock Picks. Related post - BCM Alliance Bhd (KLSE : 0187) - TheStar 2019 Stock Picks
Today, we would like to introduce a new indicator to give us another approach in analysing price action. It's called S-Trader S/R Curve. Below is daily chart shows the new indicator together with other existing S-Trader indicators except S-Trader Trend Tracker.
Take
note of the price action and relative volume transacted in relation to
S-Trader S/R Curve been identified as SC1, SC2, RC1 and RC2 on the
following dates :
- 27 Nov 2018
- 29 Nov 2018
- 7 Jan 2019
- 9 Jan 2019.
Interesting ?
Daily chart.
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Daily chart.
Based on S-Trader Trend Tracker, immediate resistance level lies at RM0.25.
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Daily chart (Based on closing price at lunch break on 17 Jan 2019)
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Daily chart.
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Daily chart. (Based on yesterday's closing price)
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
On 5 January, TheStar published an article titled "Stock Picks for 2019" and BCM Alliance was one of the counters listed in it. It was picked by Vincent Lau from Rakuten Trade Sdn Bhd.
For more details, click here.
Next trading day, the counter broke all the S-Trader Trend Tracker immediate resistance levels.
How far will the stock climbs up in 2019 ?
Let's monitor its progress.
Daily chart.
Source :
1) Metastock
2) www.thestar.com.my
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Not long ago, we posted a blog on this counter on 19 Dec 2018.
Click here.
Daily chart.
With the latest price action, S-Trader Trend Tracker showed the immediate resistance level @ RM0.207. Last Friday, we noticed relatively very high volume transacted but it failed to close above the immediate resistance level.
Are we going to see an exciting price action this week ?
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
Daily chart.
Related post, CPO News - 6 January 2019
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.
3) S-Trader indicators/tools are not part of Metastock software package.
It is our proprietary system/tools. If you have any further inquiries,
please feel free to Contact Us.
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