If AEMULUS repeat it previous pattern, price will breakdown before going up back after touch the red line. Or it will breakup until blue line before going down. Just my 2-cent idea. Please comment if you have any idea. Thank you.
Weekly chart got the TD 9 and Force 9 shows the downtrend could be exhaust in short term.
Daily chart shows the bottom divergence of energy, foresee a rebound in short term, still have a good opportunity at the current price.
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.
Overall still on a downtrend momentum but this red chip does appear recently. So just monitor its retracement ended only to take action. Might hit 440 or above.
My Prediction is it will complete C as show on the chart, now in wave 4 to wave 5 to complete C...this C may be fib 0.618(RM0.53-0.56)/0.786(RM0.33-0.34) AND it in wave 2 correction on a bigger cycle.
Aemulus has been consistently climbing the parallel channel. Latest QR report was good and price pulled back to support. Currently in a continuation pattern. Let see if it can continue its climb to challenge the All Time High price which is just about 8% from its current price.
uptrend counter
currently price break resistence area.
if can maintain above 1130, next stop is 1220 and 1285.
base on volume and EMA line, momentum to going up still strong
take ur own risk
latest analysis for this counter
history repeat itself
jsut using chart pattern
maybe the same pattern will repeat for
another price target
can PLAN UR TRADE
personally, this counter in discount price
target 10% ROI is reasonable
second trading idea for aemulus.
uptrend counter
already break DTL
if price maintain above trendline, high chances to reach net resistence
plan ur trade
trade as planned
TAYOR
1. Price currently in Stage 2 Stan Weinstein analysis (price above MA200)
2. Currently price testing MA50
- try to validate the uptrend continuation
3. Current price movement (base) create almost the same pattern as previous base
- (1) testing resistance and temporary breakout
- (2) fake breakout
- (3) another test on resistance before genuine breakout...
