MYX:SKPRES has broken out and is looking to further rally to an immediate target of RM2.05 then RM2.25 What do you think?
FKLI1! has some potential for a counter-trend reversal to the upside if it manages to break above the 1524 level or if it stays stead above this area. Targeting 1,544.5 in the short term.
BURSA price near to previous low at major demand zone. Probably forming a double bottom ...
BURSA probably now moving up to wave b (green) of the running flat (a)(b)(c)(yellow) pattern. Whereby wave b (green) could reach at around RM20.00 on upper trend line of a parallel channel (Cyan/Blue)...
The FKLI1! Index futures are looking to break its immediate 1543 support on the hourly timeframe to head lower targeting a low of 1525. Drop a comment if you agree.
Currently having some form of resistance around the RM0.98 region, having able to surpass this, I believe MYX:AIRASIA has much room to move higher. Targeting an initial area of RM1.50, then RM2.12 and further RM2.63 (lesser probability) IF the initial RM0.98 resistance area is broken. These are just my views and in no way represent any buy/sell call or...
MYX:IPMUDA may have the potential to hit its initial target of RM1.62 before surging further IF it manages to break above the RM1.51 trigger. Good luck.
Greetings, since the trend break through the bottom resistance 1557, now the new test of resistance will be 1527. The MACD and RSI show the down trend and i feel that it is meaningless to show the indicator, so i use other indicator to show the how the trend is going. As you see, the trend is down trend now, and the down trend would probably continue at next...
Following up from my Nov 22, 2020 post, prices have trended significantly lower from then RM7.29 to close at RM3.72 today. While prices seem to be temporary supported at the RM3.68 area, it is good to note that if this area gets broken on the downside, steep slide will be expected. Good luck. Next area of support RM2.30.
The rising of the ftse has ended this weekend, therefore next week may enter into Retracement period. It may take one week or with two week to complete the retracement, then might rise again. The reason of the prediction is because if we look into week trend, the new higher point is just about to start. This give us credible basis to believe that the trend will...
We have a nice week at 23/08 to 27/08, however we have to prepare for the retracement in future. It might be a big retracement day before National Day, after that might start to drop. Simple analysis as my main analysis is Hang Seng Index, but the whole week may be a bearish trend
1. Retest RbS 2. Stoch oversold 3. Retest EMA50 4.Fibo retracement 0.5~0.618. 5. Making series of HH and HL for an uptrend. 1st TP 20% 2nd TP 40% Risk 20%
New contract.. Price seems like trade in the range. Approaching Gann box cycle level 1.0. Lets see if price able to break above resistance.
Time cycle and Gann box to predict the market movement hence easy to make the decision. We use 15min TF as our major time frame. Time cycle draws by choosing double top/bottom. Gann Box draw align with the time cycle for each level. For current market trend, its follow the current cycle time. It might be changing in the future.
Since last year we've seen tech rallies for many tech counters such as UWC, Greatech, Inari, MI, Penta and etc and most of it have achieved more than 100% of ROI if you bought it in early of 2020. The share price have been soared to so high to reflect the current earnings and attractive future prospects in semiconductor industry. If you are still looking for...
Malaysia Technology Index Continue to Monitor as it hasn't confirm the mid-long term uptrend yet after many times of failing to break the downtrend line.
Malaysia Technology Index Continue to go upper high after breaking the short term downtrend line.
MSM - Changes direction from breaking the downtrend line. Pending Resistance to break at 1.41.