THPLANT will retrace another B and C then continue uptrendwave 4 minor for wave 1 have been formed wave 1 completed its 5 moves, now making A correction, seems to end because of hammer formationLongby pengamalgelombang0
TH Plant - Wedge Breakout (A+ Swing Trade Setup)TH Plant Wedge Breakout (A+) - Swing trade CP - Wedge Breakout RSI > 50 (Rebound at 50 during Entry) SCDMX - Red Candle 20% (Strong Institution influence) AP - 1st Buy Signal 2nd Confluence (A+) A+ Setup - Breakout on the 4th rebound point on the strong upward trendline CD - Tweezer Bottom on the rebound point Entry Price Close above 200SMA www.tradingview.com EP - 0.675 TP - @ R0.715 / @R0.775 / TP @ 0.8 (XOX) / @ R0.840 SL - @0.61 (below previous low) R:R - 1:2 Market Condition - KLCI is rebounding on 200SMA with Morning Star CD. Bursa Plantation Index - Still Bullish with RSI > 50. But in Consolidation upon entry and rebound on closing. FCPO Index - Bullish. All the best guys. Will let you know the results. Longby hafidz_shuhaimi0
THPLANT - Looking for strong bullish momentumEntry & Exit strategy setup. The recent bearish candle is accompanied by moderate volume, indicating selling pressure but not overly aggressive. Wait for confirmation that the price holds near Entry 1 (0.645) or Entry 2 (0.620) before entering. Watch for additional volume support or bullish reversal candlestick patterns. Monitor Ichimoku signals, particularly if the price reclaims the Tenkan-sen and Kijun-sen. Ensure your position size aligns with your risk tolerance, aiming for a risk-reward ratio of at least 1:2 or better based on your stop-loss and take-profit levels. Monitor market conditions closely, as external factors can influence the price movement. Look for confirmation via price action and volume to ensure trades align with the anticipated direction. Note: 1. Analysis for education purpose only. 2. Trade at your own rik.Longby mg61120
THplant reboundEntered into our momentum zones but candle still yellow. Because yellow can slow down and turn to red lights If price break and maintain above 0.785 it will be interesting and that turns the bar into green Potentially for long term play. Nearest resistance is 14% While long term resistance is probably 25-50%. If it can break 1.17 then they will be another 114% space Short term risk is 4% but you have another mid term risk <10%. A part from that the distance to top resistance is a bit less which less than 15% where is quite good. Somehow may retest 200ma and we need to beware of that also. #This is not a buy call. Just telling the technical aspect of what its all about Like a car seller telling the spec of the car. I.e a car can speed up 100kmh in 6 seconds and this the price. Its up to you if u like it or not its your own choice Some people may not interested to speed but steady stable and comfort For those who read plz press the boost button so i know somebody is reading. Otherwise i expect this site is unaware of many people Longby godsmercy305115
THPLANT Analysis(March 22)-My expectation is price will do a rejection at 1.040/Supply Zone 1 -Why i expect that price will do rejection at 1.040? When i lowering the timeframe i can see a lot of price action. -Compression can be seen at lower timeframe,based on my experience when a compression appeared before the price reach a supply zone,price will do a rejection. -Why price reject at supply zone? Theres a big bearish engulfing/3 Soldier at supply zone can be seen that i marked on the chart. -After the rejection,maybe the price will reach at demand zone again or maybe theres another price action can we wait for the next move. -Maybe there will be a RBS/Resistance become support around 0.875 ''Wait for the confirmation first''. -Theres a hidden zone around 0.875 maybe can become a demand zone. (Sorry my english hilarious) Disclaimers:- I AM NOT A FINANCIAL ADVISOR,EVERYTHING I SHARE IS JUST MY OPINION. Have a nice day ahead and stay safe everyone!by CrispyValue0
THPLANT IN EW ABC CORRECTIVE ZONECan try THPLANT where its price appears to be at EW ABC corrective zone in 1htf.Longby nOtOcOndO1
THPLANT CUP & HANDLE?Pattern Cup & Handle in weekly time frame. Elliot wave currently in wave 4 correction. TP RM1.5by jalique2
TH Plantations Bhd: Hidden Gem of PlantationTHPLANT (5112) - TH Plantations Bhd TH Plantations Berhad, an investment holding company, is engaged in the cultivation of oil palm and processing of fresh fruit bunches in Malaysia. Looking on weekly chart we can clearly see that breaking up 9 years parallel channel since 2013. Futhermore, TH Plant price is in new range of parrallel channel since 2020. In addition, indicator for OBV obviously a bullish divergence, either institutational or someone with a lot of money collecting the shares. According to Maybank Investment Bank, a research report on 8 Feb 2022 indicated that CPO prices were expected to remain lofty due to the tight supply of vegetable oils globally. CPO Closing Price 14 Feb 2022 - RM5,667 CPO is on all time high right now since 2008. I also paired with other indicator which on ichimoku cloud. The signal as below: Weekly Chikou - above price (pass) - above cloud ( pass) - future cloud thin (pass) TH Plant may do a little bit of retracement before retesting the upper channel again. Overall, TH Plant is a bullish signal. Disclaimer: This trading view platform is free for sharing any idea. Anyway, this trading idea is not given a buy call. Kindly do further research on your own and seek a professional investment advisor. By: Muhd Iskandarby iskandar96Updated 0
LOW CHEAT SETUP THPLANTincreasing profits QOQ and YOY.Price just breaks above horizontal line of low cheat area with high volume.Longby naufalabidinUpdated 0
THPLANT IN HARMONIC PATTERNTHPLANT spotted in bearish bat harmonic pattern in a bullish flag formation. The potential trade plan is as per chart.Longby nOtOcOndO0
THPLANTTrading idea just using chart pattern flag and pennant why make it so difficult no indi just price action and momentum simpler is better happy trading gais Shortby ridzxuanUpdated 0
THPLANTVery nice in term of chart wise price retrace and maybe 3-5 days perform sideway. if price can maintain above current support line, high potential to going up till next resistence. TayorShortby ridzxuanUpdated 0
VCP SETUP THPLANTAs it names,this is plantation company.Good QOQ and YOY sales and profit.Technically,has been forming squat in early phase of base formation.Also forming multiple shakeout (a good sign.Finally today,price successfull break a pivot point with high volume.Lets see if this is a really successful breakout.i think it isLongby naufalabidinUpdated 1
Swing Trategy TAVASector: Plantation Swing entry with RRR 1:1 Disclaimer: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk.Longby NicoRobin21Updated 0
THPLANTW - broke below trendline D - at support, RSI bullish divergence, L3 yellow barsLongby AlanCSH0
THPLANT - Cup and handle breakout?We observed a complete cup and handle formation, and it already breakout the neckline 0.570. Its best to wait for next breakout of resistance at 0.615. EP 0.615 TP 0.685, 0.745 (support become resistance), 0.955 (cup depth) SL 0.565 Speed: Fast with only 119M shares float (14% of 883M shares) Sentiment: Bullish CPO Plantation is cyclical sector, therefore it only rally during bullish sentimen of commodities - in this case - CPO. TAYOR Longby sothye1
TH PLANT AHEAD OF EARNING REPORT we have 2 scenario for THplant to trade ahead of earning report in the next few days .If price managed to break 0.575 resistant level next target area will be at 0.65 - 0.75 resistant . If fail to break further retracement with support @ 0.425 levelby PFXTrader0
THPLANT SHORT TERM TRADEBased on today price action, resistant at 0.575 remain strong if still hold expecting price to retrace retesting 0.445 -0.425 support before moving higher.Buying opportunity at those support level ...cheersby PFXTrader0