Time Cycle Analysis: YTLPower NTA RM2.26 and the next key dates to watch are April 30 2024 and July 10 2024.
This is Typical Reaccmulation of #2 With a huge demand on Opening, Signifies true demand from CO -A very typical of Jumping across the creek (JAC) risk is still there, position initiated as attached Pure Wyckoff
A Stepping stone from previous Reaccumlation Position as attached Pure Wyckoff
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
The price just broke and retested the current trendline on Weekly, & on its way to the nearest 6M Resistance. Get on board.
A Typical Accmulation Schematic #2 Which currently showing Buec With a lot of demand going in, position initiated as attached Pure Wyckoff
Perdana looks like to form another flag pattern. Depends on the volume of today's transaction and energy index, if today's close with a form of reversal candles and big volume this will create another momentum.
Time Cycle Analysis: UEMS NTA RM1.35 and the next key date to watch is May 03 2024 (RM1.10). Lawrence Wong will take over as Prime Minister of Singapore to replace Lee Hsien Loong on May 13 2024. As a new PM, his political strategies are expected to be more focused on internal economic developments rather than external development such as JS-SEZ.
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
>> Stochastic oversold >> RSI overbought >> 0.380 as support Let see whether it can breakout.... When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management! Keep the long term vision.
Time Cycle Analysis: UEMS above 0.89 is bullish, below 0.89 is bearish. On 8 April 2024, total solar eclipse will cross North America, passing over Mexico, the United States, and Canada which according to Chinese Ancient Culture, it will be associated with bad qi. Based on visual inspection, under base-case scenario the descending flight 5148 will touchdown...
This is an atypical Re-Accumulation of Schematic #2 (Rising Bottom) Latest price BO possibly indicating of JAC (Crossing the creek) as mentioned by Bob (Senior Wyckofian Scholar) Im hoping that there will be a temporary re-trace for BUEC position initiated as attached Pure Wyckoff
In view of Spring Setup, i decided to go long for short term trade position initiated as attaached
FCPO looks heavy. The drop might not ended yet but there might be a retracement higher. At this current level standing aside might be a good idea. Monday price action might be a good indicator on where price will go this week. Stand aside for now until new signal emerges.
From weekly chart, we can see the price in a consolidation like a pennant. Also, during the consolidation, the volume getting smaller starting from 4 Sep 2023 until 18 April 2024 which we can consider a good trend.
Pros 1. Near 52 weeks new high, 7% below 52 weeks high 2. Price above 10 & 20MA, 10MA above 20MA 3. Low volume pullback to previous resistance 4. Previous resistance, 10 & 20 MA as support 5. Double bottom setup Cons 1. Low volume stock, risk of gap Buy on price and volume increase
Listed since February. Currently below IPO price. >> Price below Hull MA >> Oversold counter Didn't see any strong reversal. Either skip or monitor if interested into this counter. When a stock / index has gone up substantially, we must be more care if we decide to get involve in it... monitor closely and be agile.... we cannot PREDICT what definitely will...
This is more to swing Wait for reaction at 50% level. If price close above 4040 probably trend will change and can look forward to long after breakout reversal. If breakout do occur, expect price go to HnS/QM Level based on Fibonacci Level.