this is haidojo and the number is 227 ...
sideway market and it is totally reasonable since it is coming to the end of the year...
with celebration and new resolution coming, there is less and less volume in the trades...so sideway market for both fcpo and
probably fkli too...haiz...
Overall, fcpo-feb is still in uptrend...maybe slowly glides up...
watch out for...
Detailed Elliott Wave Count for Malaysia's KLSE index since its inception.
Once Primary Wave 5 is in - we'll probably head into recession, though that's still a long way to go; probably at least a decade.
this is trade 226 frm haidojo trading...
leg A of the bullish bat pattern is violated, so it is no longer valid...this is the last day for fkli-nov
most probably no trade and extend into dec...sideway market...
*plan your trade and trade your plan... gud luck*
resistance : 1580-1616.5
temporary support : 1578
support : 1540-1560
WARNING!
RISK...
MYX:RGTBHD
Last week (27/11/2020) RGTBHD closed at the Uptrend line support level. It is very interesting for us to wait and see next week to ensure the Validity and strength of the support. We can say that RGTBHD is doing a "correction" of the price at around RM 0.610 - RM 0.615. Thus, it clearly shows that it is a healthy price uptrend.
If there is a rebound...
This company's stock price has been trading on the sideways for quite some time. Looking like a bearish bat formation on weekly time frame. when zooming into hourly timeframe, a buy opportunity on breakout of bullish flag pattern with stop loss below the lower border of the flag. Should present a risk reward ratio more than 1:1
TAYOR
this is trade 225 frm haidojo trading...
frm sideway market, it actually breeds advanced patterns...a possible bullish bat pattern formation...
entry at 1554, SL 1540, 1st tp 1578, 2nd tp 1600...
of course, if you didn't trade advanced pattern, stay away....
*plan your trade and trade your plan... gud luck*
resistance : 1580-1615
temporary support : 1585
...
this is trade 224 frm haidojo trading...
something interesting has happened in fkli-nov ...it is called the incomplete fifth wave of Elliot wave...
it is one of the many reversal signal if you trade patterns...we got the famous ones such as Double-top, triple-top, "V-shaped" ,
head-and-shoulder, and also this, incomplete fifth wave...followed by a gap down...
so...
this is haidojo and the number is 223 ...
today, fcpo-feb made an epic turn and reverse kinda movement...and the momentum of uptrend persists...
at least, it resumes its momentum on uptrend until the previous low of 3160 is broken...\
then, we might see some reversal in the trend...
now the immediate resistance is at 3350 and the Double-top position at...
Just a simple technical matter. the third retest which interesting to me. if on monday the price not break, so the price will find the support for the next retest and find to another resistence. The volume showing good lately, but still mixed up previously but still buyer volume still the winner to take the price to push up higher. For those found this stock...
Analysts upgrade Berjaya Food Bhd (BFood) as they raise the group’s earnings forecast after its earnings beat expectations. Good New, good trend.
EP 0.19.
On the daily chart, the candle reject EMA7, so this is the good sign that that is the end of downtrend in hourly, and when I look at the volume, this is potentially a buy entry now, so I will place a buy on this deep and before the price push above EMA200 on 1 hour chart. Then secure your entry or take your partial profit and leave it for the TP.
Only the matter of good support. I found 2 support here, but I decided to take middle support to maintain the upper support, but the major support will make you buy on deep, before the price push higher. I think 3 trading days will touch the TP
