KLSE11Batch

Energy Projection using Fibs Speed Resistance Fan

Long
MYX:ENERGY   Bursa Malaysia Energy Index
FSRF will indicate the following;
- price level of potential trend correction rise or fall
- combination of trendline and % retracement
- measure the trend speed
- also can be viewed as support and resistance lines.

Significant uptrend line for the energy sector. Hope price to stays above the higher speed line to keep the momentum.
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