Successfully recover last week fallen index. If next week continue with higher candle, meaning another uptrend wave is ready.
Looking good. Forming a higher low after breaking up the trendline. Could it be the new focus next weeks?
Break out is good but please dont fall back. To confirm break out is need to wait for chart to show higher low above the line.
At least this Technology sector is looking handsome and bullish. 5G and EV theme play continue stimulate the stock price in this sector.
Similar pattern to Properties sector. Not able to climb up EMA50 line and now continue falling with longer red bar. Now the next support is 153. Still long way to go. :(
Fall back below EMA50. Next support is 656 and it this support cannot hold overall this sector will be back to downtrend.
Not able to break new high for past 6 weeks and now fall off EMA10 too. Not looking good too. Next support will be 162.
Index fall off EMA10 and getting weaken. Now we need to monitor another support line at 730. Fall off then potential lower low is forming.
Seriously we have to say good bye to this sector first. Fall off both important line. Expecting not looking good.
Thought will rebound from support line but at the end fall off too. Not looking good at this stage if Tuesday cannot climb back support line.
Continue lower low. Important support 581 cannot fail. Anyhow, it is not looking good at this stage.
Seeing some sign of stabilizing but still not yet full recover. For trend trader, we will wait for it to break the resistance first.
Second trial after the false break out, forming a red bar last Friday. Crucial support line 54.50 need to monitor closely or else could be temporarily downtrending.
It moves just like other recovery thematic play sectors like consumer, properties and constructions. Forming a lower low and lower high instead. MCO 2.0 continues. More people are jobless and more shops are closing down. Bad debt is the major concern now for next Quarter report.
Forming another shoulder now. Even though continue high demand in this sector business, the high cost of operation and competitiveness are still the concerns of the market.
Long logi form last week. Next week has to be close higher than 1631 confirm it is a morning loji star.
Moving up and down just like cyclic pattern. Now looks like it is going downward again. We try ignore this sector at this moment till it reach 929 support line.
Healthcare sectors...will the banker chip flow back into this sector again? The index seems like no as strong as expected.