For next week, we might see KLSE move slight high to 1620, but the momentum is declining, a fake up movement. Most probably to see a pullback to 1488 next 2 weeks.
Mid-term ABC Correction went as expected, see prev post from June15. June15 - FKLI (1D) - Mid-term Correction towards 140x... 👇🏻👇🏻 Currently, we are in waveB (see: baby blue arrow marker), which may find resistance near R1, 154x-6x. Declining volume suggests/confirms the correctional-upwave. I'm positional Short for FKLI, holding thru next potential...
Price moving in downtrend channel Key level (support) 0.43 respected 3 times. At point no. 3, there are anomaly indication, CO stopped the further bearish sentiment. huge volume on recent CS indicates interest in demand increases. ride the trend when channel breaks + CS close above recent LH. #riskfirst Potential Entry : 0.435-0.455 Risk : break Key Level...
Setelah harga pasaran KLCI tidak berjaya menembus harga 1600.00, investor telah mula hilang semangat. Ramai di antara investor telah pun close profit pada harga tersebut kerana di katakan terlalu tinggi dan harga pasaran yang mahal, ada juga investor yang tidak perasan perkara ini berlaku yang membuat ramai investor membeli pada paras harga yang hampai pada...
Securities Commission (SC) of Malaysia, which has banned short selling on Bursa Malaysia, has further extended its date from June 30 to Dec 31, 2020
Sometimes, when your life is too routine and the things you are exposed to are more or less the same, you become complacent. Go to work, come home, cook dinner, play games, sleep. Repeat and rinse. In trading/investment, it can be the same as well. If you stick to your own local markets, the companies that are very familiar with (strong brand name, you are the...
Expanding Ending Diagonal Pattern. Detail @ The Chart. p/s Inside any Impulsive there is only abc subways
The Malaysian government make it happen. Even NASDAQ report has given a good credit for KLSE. Malaysia is one of a big rubber producer in the world. With advantages of rubber plantations, Malaysia have a good cash flow in rubber market, the demand is coming from all the world. Demand of plastic gloves and health care supplies are high due to pandemic Covid-19,...
Overall momentum remains strong, underpinned by “marubozu” candlestick pattern. Expected the index will test the psychological resistance in the near term. Due to Malaysia Government is struggling to fight back the economy, in Q3 is seen a little bit of hope to recover back for a short period.
Expected a weak consumer sentiment and prolonged social distancing measures to hinder sales recovery in the near-term. The trend is really bearish to me.. For those are like to shorting, this new month beginning is the ideal moment. If you find my article and analyze help you please like, follow and comment if you have any idea. Thanks.
Bole dijadikan stady
Can we possibly have the cake and eat it at the same time ? I mean is there such thing as best of both world ? If you understand the intermarket relationship between forex, stocks, commodities, etc , then there are pockets of opportunities available. For example, those who stay in Singapore (SG) will know that SGDMYR is historically on a bullish trend. Based on...
A bullish flag pattern appeared, as we can see on the chart. First TP : 0.74 (previous resistant point) If price break 0.74 with high volume, Second TP : 0.8. First support : 0.66 second support : 0.62 Can cut loss at either 1st or 2nd support level. No buy or sell call was given. Buy at own risk :)
It must test the new support