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SmartSahamWyckoff

Bursa Malaysia Tech Sector

Long
Bursa Malaysia Technology Index (MYX:TECHNOLOGY)  
SmartSahamWyckoff Updated   
MYX:TECHNOLOGY   Bursa Malaysia Technology Index
Trend Analysis Chart Patterns Wave Analysis
6
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trendanalysis chartpattern waveanalysis
Of all sectors in Bursa Malaysia, only tech sector has breakout from its sideway range, and currently above its MA200 signifying bullish trend. However, it is still below the supply line considering previous two peaks.

EW5 can go as high as the previous peak, but for now, it has to retest and retrace for EW4 completion.
Comment:
Tech has been strong after covid19 rebound.
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