Even KLCI future index breaking a previous low it's still possible for its price to rebound back to around 1540..
MYX:KARYON Slow Turtle Buy Uptrend FiFT +ve MCDX+ Spike up Banker 34% Atom Above River Turtle Status Green
Turtle Ribbon Green Fast turtle + turtle trend buy FiFT +ve Spike up MCDX+ Spike Up Banker 59%, Banker in control Atom Buy
TURTLE RIBBON GREEN SLOW TURTLE BUY WITH VOLUME RATIO 3.37 FiFT +VE SPIKE UP MCDX+ BANKER 71% BANKER SPIKE UP ATOM BUY ABOVE RIVER TURTLE STATUS ALL GREEN
1. Weekly chart EMA 10>EMA 30 but below EMA 200. Expected to break soon. 2. Now in Wave 4, reversal can be seen at H4 and D1 at level 0.5. Wave 2 reversal at 0.618. 3. Bursa Marketplace rating 8 (Earn 10) target price 0.74, isaham 8.2, i3 ATP RM0.55 (latest RM0.83).
1. Weekly starting to make an uptrend. EMA 10>EMA 30, below EMA 200. 2. H4 looks like making a new impulse wave after correction. Reversal at 0.382. May move sideways before making new higher high. 3. Bursa Marketplace rating 8 (strong mom), isaham 7.1, i3 ATP RM1.47
Slow Turtle Buy Ascending Triangle Breakout Banker Spike UP 50% Atom Buy FiFT Spike + Unusual Volume
this is number 293... after breaching below the strong 1550 support level, fkli july has been trading below it since...the recent move is...hovering below 1515 and reached low at 1500...1534 has to be breached to confirm a reversal...till then, still a sideway market with bear in charge...bull has lost its fight and not sure when it will return... IF you are keen...
First time trend reversal resist at EMA 200 Now 2nd time to challenge EMA 200 will have higher chance to breakout and tech sentiment very bullish Ribbon Turn Green + Fast Turtle Buy FiFT +ve Retail Reducing
MYX:GREATEC Slow Turtle Buy FiFT +ve MCDX Spike up Banker 47%
KLCI future index price possible could have a retracement back to around 1570 at upper trend line of the channel ..
Kuala Lumpur Composite Index probably at the beginning of last leg of expanding ending diagonal wave (c) (yelllow) ... which is wave V (green)
If banks pullback next week and gradually fall within that falling wedge pattern - bullish signal that accumulation phase is finally over and markup phase begins. Using gloves selldown to bring down KLCI and affect retail sentiment provides perfect opportunity for smart money to accumulate.
Weakness: no banker Businesses getting good
As "They" Said When US Future up, KLCI won't always follow.. BUT When US Future "drowning...."... KLCI will sing...l " I will follow You.....".. Maybe KLCI Next Major Support Could be around 1400
this is number 291... another advanced pattern discovered side-by-side to the earlier advanced pattern, bearish cypher pattern...this is a bullish bat pattern...\ entry level is the controversial 1550 ---super strong support, also the indicator of sideway or bear market...entry is possible at 1552, SL below 1545, 1st tp 1570...no 2nd tp...haha...not sure if it is...
this is number 290... this is a late discovery...I actually forgot to post this online...sorry for all inconvenience caused...the discovery is bearish cypher pattern, a small pattern which happened on 14th june 2021...short position at 1586-88, SL abv 1593, 1st tp 1572, 2nd tp can hold till "stop-and-reverse" position at 1552, it is at this point whr we might have...