OPENSYS trade ideas
OPENSYS testing support for second timeMYX:OPENSYS
Disclaimer : This is not a buy call, im just talking to myself.
OPENSYS currently testing support level for second time.
E : somewhere below .73
TP1 : somewhere above 0.825 (almost )
TP2 (if breakout) : refer fibo
SL : 0.695
Possible continuation of uptrend in Opensys1. Price chart is showing a higher high and higher low pattern.
2. Dwindling volume as it hit ATH of 0.85 and through the correction phase.
3. SL: RM0.695
OPENSYS - Short Pullback & Potential Bullish ContinuationOpportunity and Risk
DISCLAIMER: This technical analysis is for educational and informational purposes only. It is based on my personal view of the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analisis Teknikal ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
Opensys retracement22/6/2020
Opensys break higher again but Stoch RSI indicator did not break higher.
Recently, it may happen price retracement !!!
OpensysThe price is nearly Fibo 1.618 resistance line (0.76),
today it still cannot break up 0.78 yesterday higher point.
In addition, Stoch RSI bearish divergence happen. please monitor it !!!
OPENSYS Jangka Masa Pendek, Sederhana & PanjangJangka Masa Pendek, Sederhana & Panjang
Sektor: Teknologi – Perisian computer (buat mesin ATM & perisian, kiosk bayar bill + solar one-stop-center dll)
Trend: Uptrend + Breakout ATH
Candle: Marubozu merah + di puncak (berkemungkinan retrace)
Cara analisis:
Buat Market Structure High & Low ----> Support & Resistance sebanyak mungkin ikut sejarah chart
Garisan biru = S&R lebih dari 1 tahun (lama)
Garisan merah = S&R 1 tahun
Garisan pink = Harga lahir
Garisan hijau = Support terkini
Garisan neon = S &R TF 1H
Tetapan Indicator
Stoch RSI: Area 58 + Momentum ada (Cek di StockHunter)
Zig Zag – untuk High & Low
Volume (5)
Fibo
Strategi: Tunggu pullback/retrace & rebounce pada harga Fibo/support yang kuat (harga lahir: 0.675)
Strong Support: 0.74
Strong Resistance: 0.785
Nota:
Pembetulan harga mungkin akan berlaku sebab harga sudah terlalu tinggi
Kaunter sudah Overvalued
Mr.Brahmal Vasudevan – jerung terkenal Malaysia – pemilik Creador (Firma Ekuiti Personal) beli, perlu berhati2.
OPENSYS - Upside IntactOPENSYS red candle but weak selling pressure, RSI and MACD still sustaining. Can use 0.68 as key benchmark
OPENSYS - Testing Previous Resistance as New SupportOpportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
Continue with new high?OPENSYS the solution provider for financial services.
Will it continue the strong uptrend breaking 0.61 today after Wednesday pullback?
Opensys - Malaysia Small Cap Hits All Time HighOpensys, Malaysia small cap ace tech stock just hit all time high.
Always pay attention to stock breaking all time high.
Always pay attention to parabolic move.
This is long term play. The reasons for Monthly chart.
