I bought back MI to trade for a positive CPI data ahead. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
I bought back recently to trade for a positive CPI data ahead. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
After yesterday price & volume shows sign of rebound, today price traded higher allows some intraday profit. However, the price up might resisting with low intention to markup further. This is because the price & volume intraday shows price is not moving higher despite high volume in. This might be the action to attract buyers with fear or missing out.
How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
Technology index - More or less, we need to respect the main klse tech index also. If this area break, tech sector will continue its run. That's the reason I take profit most of my tech sector today & wait for another round. Prove of selling source that I am earning Rm200k = USD45k can visit my link in my signature.
Today's price down with high volume are mainly created during the day bottom price. High volume with price stays the same is a sign of bottoming for our analysis. However, do take note that this is just a sign of price bottoming. It is not a sign of rebound yet. To catch the rebound, we will need to monitor the upcoming trading days price & volume for any sign of...
After a huge fall from last week, CIMB is showing sign of price bottom & price up with volume yesterday. Although high volume in daily chart might scared some investors away. But the major volume created yesterday was done at the price bottom & maintaining the price at higher level.
22nd Nov intraday price & volume action shows big boys have the intention to mark the price higher with lesser volume created during price down. Which signal selling pressure from the big boys is reduced compare to last week. Our view : we are expecting a rebound in the next few days.
We posted a pause of price fall on 17th Nov & waiting for rebound signals shows from big boys transaction data. on 22nd Nov, stock prices are obviously maintained higher price at the 2nd half of the trading session. Although high volumes are created earlier in the morning indicating selling pressure, but the stock price didn't go down further. This shows a good...
Dayang - For energy sector in KLSE, you may take a look at this possible rounding bottom to form towards 1.65 area. Individual may use 1.2 area as support if to trade in. Red chip keep appearing all the way for this counter.
Looking at Nasdaq chart, is still maintaining its support area here & all it takes to move bull might need to wait 23rd Nov. If data is unfavourable, it will retest back support. My Personal Market Review Market Review Quarter Result Month Nov 23rd Core durable goods, initial jobless claims, new home sales & FOMC meeting minutes. Nov 24th & 25th...
A recent price hike in TOPGLOV gives confidence to many long term holder on a rebound. However, for anyone who are looking for average up their position or try to catch the price up might want to hold on to it first. Because the price movement shows signs of big boys getting ready to cash out fraction of their shares. (Same price & volume action we mentioned in...
For KLSE tech, don't hope too much 1st cause there are still election on going. So just be conservative by trading a few tech will do. 420 area break will be indicate a good sign ahead here. Since 375 area looks supported, it can be use as support. I assume it will follow SOX movement for the time being. Red chip does appear recently but is not that wild yet.
Just some chart pattern idea here to monitor. If this pattern able to break, it will continue to rise higher. Perhaps a good technical trade for aggressive trader. Red chip also keep appearing.
Monitor for a possible retracement ended here to breakout. As long there is an energy trend on going, it will be a good move for aggressive trader.
Hibi, if this 1.06 area successful to breakout & maintain it will. I believe it will head towards 1.3 area back here.
Did flash out before to monitor once resistance breakout. Current movement will retest the next resistance area.
SYSCORP shows triangle breakout 2 with high volume on 1st NOV 2022. This technical signal will attract many technical traders entering into this stocks. However, from the 5 mins chart of 2nd Nov shows some selling with high volume, together with high volume price not marking higher. This usually happens when the big boys are getting ready to dispose some...