JCI closed lower and formed a swing high. Stochastic indicator dead cross, MACD histogram is moving positive but down (bullish line) and volume is decreasing. If it moves bearish, JCI is expected to continue weakening to the support at the range of 6,754 – 6,786. If JCI is able to move bullish, there is a chance for JCI to go to the resistance at the range of 6,871 – 6,888.

(DSNG) The price closed higher with a bullish candle. The price has the opportunity to strengthen again to the next resistance if it manages to break. Stochastic indicator is bullish, MACD histogram is moving positive (bullish line) and volume is increasing. Confirmation to buy if the next candle is bullish again (buy on break at level of 665) or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level. (Buy on break)

TRADING STRATEGY:

1.Target Price: The price has a bullish opportunity to test the resistance level 680. If it breaks level 680 then the price will go to level 690. We recommend to be careful if the price fails to break through or turn around the support area.

2. Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 640.

Entry Buy : 655 – 665 Target Price : 680 – 690 Support : 645 – 655 Cutloss : 640  

(PNIN) The price closed higher with a bullish candle. The price has the opportunity to strengthen again to the next resistance. Stochastic indicator is bullish, MACD histogram is moving positive (bullish line) and volume has increased significantly. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level. (Trading Buy)

TRADING STRATEGY:

1.Target Price: The price has a bullish opportunity to test the resistance level 1,420. If it breaks level 1,420 then the price will go to level 1,480. We recommend to be careful if the price fails to break through or turn around the support area.

2. Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 1,295.

Entry Buy : 1,345 – 1,375 Target Price : 1,420 – 1,480 Support : 1,300 – 1,345 Cutloss : 1,295 

(SCMA) The prices closed higher with a bullish candle. The price has the opportunity to strengthen again to the nearest resistance. Stochastic indicator is bullish, MACD histogram is moving positive (bullish line) and volume is increasing. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level. (Trading Buy)

TRADING STRATEGY:

1.Target Price: The price has a bullish opportunity to test the resistance level 226. If it breaks level 226 then the price will go to level 230. We recommend to be careful if the price fails to break through or turn around the support area.

2. Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 212.

Entry Buy : 216 – 220 Target Price : 226 – 230 Support : 214 – 216 Cutloss : 212

(SMDR) The price closed higher and broke up to the resistance. The price has the opportunity to strengthen again to the next resistance. Stochastic indicator is bullish, MACD histogram is moving positive (bullish line) and volume is increasing. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level. (Trading Buy)

TRADING STRATEGY:

1.Target Price: The price has a bullish opportunity to test the resistance level 2,240. If it breaks level 2,240 then the price will go to level 2,310. We recommend to be careful if the price fails to break through or turn around the support area.

2. Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 1,020.

Entry Buy : 2,110 – 2,170 Target Price : 2,240 – 2,310 Support : 2,100 – 2,110 Cutloss : 2,090