PohKong's price and Gold's Price. 4/Dec/23Pohkong Price still inside a big triangle while Gold already breaking ATH. But both still in "ranging market" in next 2,3years.
POHKONG
Pohkong. Probably a deep pullback before surging up. 5/Jan/23Pohkong price have been surging up for > 30% for past 6 months due to gold price. As gold price might be in “consolidation” probably “triangle range” for few years. So will pohkong..
Pohkong and Gold’s correlation. 4/July/22PohKong May completed its “bullish triangle” pattern soon. Even Possible “stop hunting” with “hit & run” @ Rm0.73.
Pohkong maybe “pullback” to Rm0.780 again. 13/April/22Missing a “boat” to ride gold with pohkong . ? Maybe @ Rm0.780 on wave (E) (cyan).for last ticket to the “moon”.?
Gold. Market “priced in” war/rate. Now. CPI /Inflation 20/Mar/22Market probably have “priced in” the Ukraine and US rate hike factors.. While market might be waiting for how “soft landing” the inflations would be after FED “aggressively / more hawkish” on rate hike for 1 Quarter ( 3 months Core CPI) on 10 June 22. whether FED decision could have “transitory” effect on inflation/ Core CPI ( Consumers Price Index ) ..Chart show “the transitory” probably work!? BUT end by Sept 2023.. and the hyper inflation might be “back”!?
POHKONG may just completed its bullish triangle. 16/Mar/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
POHKONG. Risk/Reward Trade. 25/Feb/22POHKONG. Potential having more than > 5:1 "Very Good" reward-to-risk ratio trade setup, As current price of Rm0.865.. As Risk 13.29% VS 102.31%...
TOMEI. Risk/Reward Trade. 25/Feb/22Tomei. Potential having more than > 2:1 "Good" reward-to-risk ratio trade setup, As current price of Rm1.070.. As Risk 20.56% VS 71.96%...
FEBRUARY WEEK 3, POHKONGBest waiting for next impulse
weekly strong candle break ma 20/50
++ healthy volume
POHKONG and GOLD correlation chart. 13/Feb/22POHKONG's bullish triangle seem still valid.. perhaps..still waiting for GOLD price surging up to all time high again...
POHKONG and GOLD correlation chart. 27/Nov/21POHKONG chart seem like is going to completed its wave (E)( Cyan) of bullish Triangle soon. A potential of >125% Gain ( From RM0.80 to RM1.800 )...
POHKONG may done wave (D)(cyan) of triangle. 16/Nov/21POHKONG ( Gold/ Jewelry retailer ) may just completed its wave (D) (cyan) of bullish triangle. Price may down to Wave E ( Cyan) of triangle. Before a "Breakout Triangle" the GOLD's Bull Run!
POHKONG. Have Santa Clause Bought GOLD from POHKONG? 7/Sept/21POHKONG price seem still ranging above RM0.750 and still may form a triangle..
POHKONG possible still forming a triangle. 12/july/21POHKONG price still in ranging while having possibility forming a triangle pattern.
Fund Hedging into Gold?Due to unstable market sentiment, Gold is rising as the risk is lesser comparing other investment tools.
A 'W' bottom was formed and the rally continues, if the rally continues and breaks 1900, it will bring up the sentiment in the Gold-related stock.
NICE, POHKONG, and TOMEI show a good entry price after a retracement from previous rally.
POHKONG - Tentative Signs of LiftoffPOHKONG has broken and closed above its trendline and now needs to either shoot higher or consolidate its position above there before soaring. A break back below the trendline would suggest a fake breakout, but until then, like Gold , the bulls are in charge.
Training 2/8/2020 - POHKONGAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
Training 29/7/2020 - POHKONGAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
