KLCI may found major support at around 1515 where there is a confluence zone of 1) trend line (yellow dotted) resistance/support flip zone 2) Major Demand Zone
I've just been "dissecting" TOPGLOV chart structure. It seem like we've just completed wave 4 (yellow) of wave 3 (Red Circled) ONLY!!..Just about 20%-30% left to complete wave a (Green)..So topglove price most likely will break RM9.765 within 6-12 months ..
SPX possible forming an expanding flat pattern in wave (B)(Cyan/Light Blue). Where SPX might have (A Healthy ) "correction" about -10% ( -9.57%) from wave B (Yellow) of around 4700 → wave C (Yellow) of around 4250
PUBLIC Bank back to triangle idea. Price probably on last leg down to wave E (yellow). Where price could resuming its uptrend at around RM3.93
MAYBANK Price seem like at the last leg down of triangle toward wave E (yellow). Where price may ONLY resuming its up trend at around RM8.00
TESLA Price seem like forming a flat pattern in wave (B)(Cyan/Light Blue). So. Price may stalled and reverse at around 780.79
TOPGLOV price could break all time high at RM9.765 as there is a based on "just 3 of the possibilities" : 1) Price of KLCI could break all time toward around 2000. TOPGLOV As a main "contributor" of KLCI index could break all time high as well. 2) Current TopGlov Price Cycle Analysis showing it's start moving up till 1st quarter of next year 3)...
Gold Back to my previous Bullish Triangle idea at ....Price Now are moving up to wave x (Green Circled) where price could reach at around the yellow dotted line.
Big Funds Could Sell on "Rumors" , Buy On Coming 17 Sept 2021 TOPGLOV's earning "News"..
GOLD may just completed wave (c) (Red) of triangle in wave b (Green Circled)
TOPGLOV Stock price may drop until around RM2.50 where there is a confluence zone of 1) Major Monthly Demand Zone 2) A Long Term Up Trend Line Support ( Cyan/Light Blue Dashed Line) ..BUT... Price most likely will complete wave A (Red Circled) at around RM3.20 AND start trending up for wave B (Red Circled) till around RM5.80 where is confluence zone of 1) Next...
EURUSD seem like completed its Bullish Triangle ABCDE (Yellow). A Long Term Bullish Trend for EUR and down trend for USD..
SPX maybe completed leading diagonal wave (A) (Cyan /Light Blue) at around 4550 as previous post
GOLD intraday structure seem forming an expanding ending diagonal in wave c (Green Circled).. AND Meant possible, we are just at the " half portion" of sub- wave 1 (yellow) of impulsive wave (C)(Cyan/light blue).... Stop Lost for long at 1779. Target Profit at around 1860 on long term down trend line (red dotted).
POHKONG price seem still ranging above RM0.750 and still may form a triangle..
I have answered my own 4 questions "why" Gold may surge up to around 2100 first before moving down toward around 1570 :- 1) The Yellow Highlight Area still Look "impulsive" within "Ranging Market" as shown on a flat / no slope / none trendy daily 233 EMA.. So it's possible we're in wave B ( Red Circled) of a expanding flat pattern ABC (Red Circled) 2)Price...
P.A one of aluminium related theme stocks.. Possible forming an expanding flat pattern ABC ( Red Circled). where price could reach at around RM1.00 which is the next major supply zone
TENAGA stock price possible forming a trip zigzag wave pattern (W)(X)(Y)(X)(Z) ( Cyan/ Light Blue).