IND-PROD trade ideas

NewbieTradingChannel

Industrial Product 12/6/2021 Wedge Pattern formation , at the rebound area . 191.8 temporary formed a double bottom but still early to confirm a rebound . Steel Sectors seems pulling back some fund interest during the friday.

JeremyTee_ws

When hot money is here, the chart will continue bullish. Breaking new high again with steel sector leading.

JeremyTee_ws

Breaking new high again. Hot money still in this sector. Who is leading in this sector?

JeremyTee_ws

Successfully recover last week fallen index. If next week continue with higher candle, meaning another uptrend wave is ready.

JeremyTee_ws

Not able to break new high for past 6 weeks and now fall off EMA10 too. Not looking good too. Next support will be 162.

Hafiz_Muhammad

Weak Ringgit, Drop the Industrial Product Index. Strong Ringgit, Drive Industrial Product Index to the sky.

JeremyTee_ws

Showing sign of double top. But in weekly chart, new high breakout is still valid. If index can be break up or reverse above 175, the bullish in this sector will continue strong.

JeremyTee_ws

Found it support now. With hammer candlestick show up and increase of MCDX, can it continue its bullish again?

JeremyTee_ws

It is new high after a doji. Looking good.

JeremyTee_ws

A dragonfly logi formed last week. Sign of continuation bullish.

JeremyTee_ws

Let it rest a while after 100m speed. As long as it is above the support line the trend is still healthy.

JeremyTee_ws

Already break off 3 important resistance and now aiming to achieve new high. Well done.

TFJ153

uptrend , above EMA 50 , very strong move upward

JudasVespasian

Why panic?