Nov 6th : Vivocom Morning Session closed $1.04 volume 123.8M.
What a roller coaster exciting ride it was indeed this morning. I would even say spectacular impressive and breathtaking. Here’s why:-
1) Open gap up 8 pips, but seller came in around $1.16-$1.17 and form a trading range in between $1.07-$1.19.
2) Price slip below 15 min support level at $1.07, which is a indication of upswing momentum temporary slowdown and we enter in small correction phase.
3) Immediate support found at $0.890, which is 2 pips above Elliot wave 4 support level
4) I observed the panic selling by weak holder and it likely overdone.
This was Classic bear trap with bull traders creating panic selling so that they can collect as many shares as possible before the next MASSIVE UPSWING! Savvy players love such phenomena as they are well poised to capitalise on the panic selling n collect sufficient ammunition to profit from the next upswing and potentially a powerful and imminent LIMIT UP.
Hence I foresee the following :-
5) Price upswing should resume and retest $1.19 after wave 4 formation complete.
6) Next price level for wave 5 will be $1.35/$1.50.
Happy Trading!!!
What a roller coaster exciting ride it was indeed this morning. I would even say spectacular impressive and breathtaking. Here’s why:-
1) Open gap up 8 pips, but seller came in around $1.16-$1.17 and form a trading range in between $1.07-$1.19.
2) Price slip below 15 min support level at $1.07, which is a indication of upswing momentum temporary slowdown and we enter in small correction phase.
3) Immediate support found at $0.890, which is 2 pips above Elliot wave 4 support level
4) I observed the panic selling by weak holder and it likely overdone.
This was Classic bear trap with bull traders creating panic selling so that they can collect as many shares as possible before the next MASSIVE UPSWING! Savvy players love such phenomena as they are well poised to capitalise on the panic selling n collect sufficient ammunition to profit from the next upswing and potentially a powerful and imminent LIMIT UP.
Hence I foresee the following :-
5) Price upswing should resume and retest $1.19 after wave 4 formation complete.
6) Next price level for wave 5 will be $1.35/$1.50.
Happy Trading!!!
Nov 6th - Market Report on Vivocom. Close $1.00 volume 151.4M
Salients points for the day :-
1) Healthy and timely wave 4 correction was formed on 15 min candle, bullish buyer(total volume traded 31 million share) came in around 10:45am, all panic seller well absorbed and formed reversal up doji candle.
2)Correction wave occurred right after the bullish doji candle and I confidently anticipate ascending or contracting tringle will form which is a good chart pattern for next swing up
3) Any weakness toward 0.945- 0.970 is good oppt for me to buy.
4) I anticipate correction should end within 2-3 days time
5) Next big swing up to continue to the target of wave 3 ($1.59/$2.35) or wave5 ($1.35/1.50) will depend on the correction chart pattern developed and duration.
I miss the oppt to buy at fibo 38.2% during panic sell ! I will not miss if give me second chance . https://t.me/KLSETA
Salients points for the day :-
1) Healthy and timely wave 4 correction was formed on 15 min candle, bullish buyer(total volume traded 31 million share) came in around 10:45am, all panic seller well absorbed and formed reversal up doji candle.
2)Correction wave occurred right after the bullish doji candle and I confidently anticipate ascending or contracting tringle will form which is a good chart pattern for next swing up
3) Any weakness toward 0.945- 0.970 is good oppt for me to buy.
4) I anticipate correction should end within 2-3 days time
5) Next big swing up to continue to the target of wave 3 ($1.59/$2.35) or wave5 ($1.35/1.50) will depend on the correction chart pattern developed and duration.
I miss the oppt to buy at fibo 38.2% during panic sell ! I will not miss if give me second chance . https://t.me/KLSETA
Nov 6th - Market Report on Vivocom. Close $1.00 volume 151.4M
Salients points for the day :-
1) Healthy and timely wave 4 correction was formed on 15 min candle, bullish buyer(total volume traded 31 million share) came in around 10:45am, all panic seller well absorbed and formed reversal up doji candle.
2)Correction wave occurred right after the bullish doji candle and I confidently anticipate ascending or contracting tringle will form which is a good chart pattern for next swing up
3) Any weakness toward 0.945- 0.970 is good oppt for me to buy.
4) I anticipate correction should end within 2-3 days time
5) Next big swing up to continue to the target of wave 3 ($1.59/$2.35) or wave5 ($1.35/1.50) will depend on the correction chart pattern developed and duration.
I miss the oppt to buy at fibo 38.2% during panic sell ! I will not miss if give me second chance. https://t.me/KLSETA
Salients points for the day :-
1) Healthy and timely wave 4 correction was formed on 15 min candle, bullish buyer(total volume traded 31 million share) came in around 10:45am, all panic seller well absorbed and formed reversal up doji candle.
2)Correction wave occurred right after the bullish doji candle and I confidently anticipate ascending or contracting tringle will form which is a good chart pattern for next swing up
3) Any weakness toward 0.945- 0.970 is good oppt for me to buy.
4) I anticipate correction should end within 2-3 days time
5) Next big swing up to continue to the target of wave 3 ($1.59/$2.35) or wave5 ($1.35/1.50) will depend on the correction chart pattern developed and duration.
I miss the oppt to buy at fibo 38.2% during panic sell ! I will not miss if give me second chance. https://t.me/KLSETA
Forwarded from 财经头条
9点股票
VIVOCOM重组及签新约後股价强劲 成交量爆增冲破多道阻力线 - 9点股票
VIVOCOM公司（VIVOCOM 0069）自2020年10月27日签署收购V-发展私人有限公司的《意向性协议》(HOA)后，股价一路飙升，上周五（11月6日）收於RM1.00，市值5亿6600万令吉。 VIVOCOM公司在十一月初完成股票整合後，股票价格从11月2日闭市的RM0.675，一路挺升，市场人士认为，这和签署意向性协议（HOA）有关。 意向性协议消息一传出，公司股价从原本的RM0.45上涨122.22%；截至2020年11月6日，该股价飙至本年度最高价位RM1.19，然后收市价为RM1.00。阅读详文…
*Vivocom: 09 Nov 2020 morning session*
Morning session closed at RM1.04 with 15.70M shares changed hands.
81.88% of the trades today were done between RM1.01 to RM1.04, a positive sign of advance, likely indicating that in the afternoon session the shares would be trading in the range from RM1.03 to RM1.06.
The daily chart today shows ‘Harami Cross’ after Friday’s ‘Hanging Man’. The 15-minute chart shows a triangle with volatility getting lower and lower.
All of the above tells me that we are in strong collection phase with savvy traders actively collecting from RM1.00 to RM1.03.
Strong support can be seen at RM1.00, indicating the share is unlikely to break at that level.
In order to control the tight spread, savvy traders put up more sell queue than buy queue.
This is a good sign as prices usually drop after showing ‘Hanging Man’ candlestick, especially after 4 consecutive strong days of rally.
It is worth noting that the share price has gapped up once again, for 7 straight days in a row since the HOA announcement. An excellent sign of supreme confidence in the stock.
We should expect the sideways consolidation/accumulation to occur for a few more sessions before the share price move towards RM1.30; RM1.40 and RM1.50 in an explosive upward surge.
It is a fantastic time for me to collect between RM1.01 to RM1.04.
Morning session closed at RM1.04 with 15.70M shares changed hands.
81.88% of the trades today were done between RM1.01 to RM1.04, a positive sign of advance, likely indicating that in the afternoon session the shares would be trading in the range from RM1.03 to RM1.06.
The daily chart today shows ‘Harami Cross’ after Friday’s ‘Hanging Man’. The 15-minute chart shows a triangle with volatility getting lower and lower.
All of the above tells me that we are in strong collection phase with savvy traders actively collecting from RM1.00 to RM1.03.
Strong support can be seen at RM1.00, indicating the share is unlikely to break at that level.
In order to control the tight spread, savvy traders put up more sell queue than buy queue.
This is a good sign as prices usually drop after showing ‘Hanging Man’ candlestick, especially after 4 consecutive strong days of rally.
It is worth noting that the share price has gapped up once again, for 7 straight days in a row since the HOA announcement. An excellent sign of supreme confidence in the stock.
We should expect the sideways consolidation/accumulation to occur for a few more sessions before the share price move towards RM1.30; RM1.40 and RM1.50 in an explosive upward surge.
It is a fantastic time for me to collect between RM1.01 to RM1.04.
Nov 9th : Market Report on Vivocom. Close $1.02 volume 20.3 million.
Today volume low compared to last Friday. PVA indicates it is presently in a very healthy consolidation phase.
30 min chart showed wave 3 formation is in progress , it confirms that once daily trade hits above $1.10 with volumes and hold, this will end the consolidation, and hence begins wave 3/5/3/3. which have 4 consecutives impulse wave upwards.
I anticipate price will trade sideway and steadily but surely creep up during the next few trading sessions.
The price will resume a most aggressive rally once it trades above $1.19.
In daily charting, it shows when the moment the share price cross above $1.19 with volumes, it is an indication of strength withs powerful waves continuing to drive the price soaring & heading to an all time target high of $1.57 (261.5% extension of wave 1 ).
The signals are very clearly showing the above formation occurring and emerging. As to when only time will tell. Can expect to be sooner rather than later.
Happy Trading.
Today volume low compared to last Friday. PVA indicates it is presently in a very healthy consolidation phase.
30 min chart showed wave 3 formation is in progress , it confirms that once daily trade hits above $1.10 with volumes and hold, this will end the consolidation, and hence begins wave 3/5/3/3. which have 4 consecutives impulse wave upwards.
I anticipate price will trade sideway and steadily but surely creep up during the next few trading sessions.
The price will resume a most aggressive rally once it trades above $1.19.
In daily charting, it shows when the moment the share price cross above $1.19 with volumes, it is an indication of strength withs powerful waves continuing to drive the price soaring & heading to an all time target high of $1.57 (261.5% extension of wave 1 ).
The signals are very clearly showing the above formation occurring and emerging. As to when only time will tell. Can expect to be sooner rather than later.
Happy Trading.
IOnce T3 all clear. After Wed correction ends the stage would hv been set up for a powerful spike.
I believed it is a best time to collect for me is today n tmrw at base before new direction.
Once frenzy starts, super fast n furious you cannot even smell the farts 😄👍🏼
Nov 10th : Morning Session Vivocom closed $1.06 volume 17.37m.
The followings are the key points I would like to share and highlight:
1) Extremely strong support at $1.00, to this level is impenetrable
2) Last 2 days 4 trading sessions already proven, a new baseline of support was confident set by traders and investors, if any price weakness toward $1.00, I strongly believed it will have massive buyers rushing in.
3) Bullish volume came in @ 10am, total 9 million share buying up from $1.01 till 1.08 within 30 min, such strong buying was acclear signal for me that wave 3 has started and will be validated & confirmed after price cross $1.10.
4) I am looking forward to the price testing a new high of $1.10 and I am confident it will cross this price level in very near term.
5) My optimism of breaking the new high $1.10 is evidenced by the 15 minute chart (picture 1) cup and handler formation and it is setting to break $1.10.
6) The moment the price crosses over $1.10, it is basically declaring that the correction is officially over. 7) This sets the stage for impulse wave 3/5/3/3 to resume(Picture 2).
8) In short, my daily wave 3 target of $1.57 is still intact {261.5% extension of wave 1 } and it will most likely change if a good and bullish internal wave structure were constructed ( Picture 3).
To sum up, VIVOCOM has turned BULLISH yet again heading toward $1.10 to $1.57, if all current waves are maintained.
Happy Trading. May the FORCE be with you!!!
The followings are the key points I would like to share and highlight:
1) Extremely strong support at $1.00, to this level is impenetrable
2) Last 2 days 4 trading sessions already proven, a new baseline of support was confident set by traders and investors, if any price weakness toward $1.00, I strongly believed it will have massive buyers rushing in.
3) Bullish volume came in @ 10am, total 9 million share buying up from $1.01 till 1.08 within 30 min, such strong buying was acclear signal for me that wave 3 has started and will be validated & confirmed after price cross $1.10.
4) I am looking forward to the price testing a new high of $1.10 and I am confident it will cross this price level in very near term.
5) My optimism of breaking the new high $1.10 is evidenced by the 15 minute chart (picture 1) cup and handler formation and it is setting to break $1.10.
6) The moment the price crosses over $1.10, it is basically declaring that the correction is officially over. 7) This sets the stage for impulse wave 3/5/3/3 to resume(Picture 2).
8) In short, my daily wave 3 target of $1.57 is still intact {261.5% extension of wave 1 } and it will most likely change if a good and bullish internal wave structure were constructed ( Picture 3).
To sum up, VIVOCOM has turned BULLISH yet again heading toward $1.10 to $1.57, if all current waves are maintained.
Happy Trading. May the FORCE be with you!!!