this is number 293... after breaching below the strong 1550 support level, fkli july has been trading below it since...the recent move is...hovering below 1515 and reached low at 1500...1534 has to be breached to confirm a reversal...till then, still a sideway market with bear in charge...bull has lost its fight and not sure when it will return... IF you are keen...
this is haidojo and the number is 292 ... First of all, my apology for the delayed episode...heavy duty... after a full-raged bear tore down fcpo on 14th June last month, fcpo-sept has been slowly and gradually step up..till now...right at the crossroad... IF fcpo-sept emerges higher than the current resistance ranging frm 3880-3950,THEN higher-high is...
Due to Malaysia have decide to run back a total lock down, only some economy areas are open to support sustain the economy. But the inflation and other demands are insisting the economy to fall back in the bearish trend. Luckily the Malaysian government have make an exit recovery plan, and perhaps all it will work soon.. or the economy impact will be in the bad...
With geopolitical and economic issues, Should we "trace" Glove Stocks "Future Paths" with US Glove Stock ADR/OTC? or "Local" Health Care Index? which is Comprise ≈ A Quarter (28.5% ) ( 4 out of 14 Malaysia Health Care Index Stocks are Gloves Stocks)
this is number 291... another advanced pattern discovered side-by-side to the earlier advanced pattern, bearish cypher pattern...this is a bullish bat pattern...\ entry level is the controversial 1550 ---super strong support, also the indicator of sideway or bear market...entry is possible at 1552, SL below 1545, 1st tp 1570...no 2nd tp...haha...not sure if it is...
this is number 290... this is a late discovery...I actually forgot to post this online...sorry for all inconvenience caused...the discovery is bearish cypher pattern, a small pattern which happened on 14th june 2021...short position at 1586-88, SL abv 1593, 1st tp 1572, 2nd tp can hold till "stop-and-reverse" position at 1552, it is at this point whr we might have...
VCP pattern with reduced volatility over the past 8 months. Possible breakout to the upside as trading price narrows towards the pennant tip
this is number 289... gud news is, both the previous advanced patterns hit their targets...(check back 286 and 285 for detail) bad news is, fkli-june is still in sideway market... If u play with trending strategy, this is the worst case scenario to work with...however, advanced patterns could save the day... as the saying goes " consolidation breeds advanced...
this is haidojo and the number is 288 ... after hovering for about one week at the strong support 3876, price rebounded frm bottom and reached 4080 new support. However, the price is still in sideway...either it will retest higher resistance ranging frm 4200-4260, break abv it, and retest 4420-4520... OR, the price could move downward to strong support 3876,...
1. Mahsing weekly in uptrend. EMA 20 above EMA 50. Price action just above EMA 200. 2. In H4, it is expected to be in Wave 4 where reversal after ABC at 0.382 Fibonacci level (previous reversal also at 0.382). Doji formed and broken with bullish candle. 3. From Isaham, Profit and Revenue uptrend, PE 22.7, WAFV RM0.92
this is number 286... as a continuation frm previous 285) episode, I would like to suggest another advanced pattern to look at, a bullish bat pattern... the formation of leg D is possible at the critical support near 1550, which is at 1553-1548... SL can put a few points below that, 1st tp 1575, 2nd tp at 1586... So, by putting the 2 advanced patterns together, we...
this is number 285... it is unbelievable...but 1550 support still holds...the longer the price lingers in this region, the higher the chance of the fkli-may to rebound... for real...now we might have a small chance of trading sideway market...a bearish gartley pattern...it is actually a deep gartley... short position at 1586, SL at 1590...a really tight...
1. Careplus weekly have completed the ABC cycle and expecting to make another wave. 2. H4 is Wave 4 where reversal expected to be at 0.382 level (previous Wave 2 at 0.618) also an RBS area. Hammer formed and break with bullish candle. 3. From isaham, profit and revenue increasing, PE 5.3, WAFV RM2.83
Quarterly results announcement in 2nd half of May. Potential partnership with Disney+ for local content development as possible catalyst for breakout www.theedgemarkets.com 0.60 provides a strong long term support.
Following a 2 month decline in bank stocks, FINANCE index almost touched oversold on the RSI yesterday but bounced back and broke out of its downtrend line today. Expect banks to drive KLCI rebound after Hari Raya break and offset projected decline in glove stocks.
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