Observation
Price movement is sideways, in the zone of 0.39 to 0.41.
MACD is crossing up - bullish potential
MACD bullish divergence pattern is formed
Estimate that the EMA 9 will cross up within 1 - 2 weeks to create a bullish pattern
Supports - 0.40 / 0.37
TP - 0.43 / 0.46 / 0.53 / 0.57 / 0.61
Potential threats
Private placement of 169,180,000 is under...
watch KAB closely.
1st support area around 0.495
2nd support area 0.435-0.415
find your own EP. i think it can sustain area 0.495 support area.
for safety, put 1/3 modal here and if it goes down can AD at area 0.435~0.415
Just a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
Just a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
KAB was a good counter from my view.
Their true value is reflacted on the trendline i draw. many time rebound on it.
previously when it hit this trendline it seem have strong Buy after that.
keep watch, if break the trandline support, do remember to CL.
So far, it was fail to start new cycle of Eliot wave after the previous EW was ended at wave 5.
but really this...
KAB seems like having hard time to break @ 0.895 (high volume node becomes resistance)
Potential buy on dip @ 0.755 (high volume node becomes support + mini volume profile point of control)
Disclaimer:
This is inteded to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Pre Consolidation Breakout Setup.
NO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any...
Awaiting the timing.
If you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
Jangka Masa Pendek
Sektor: Industri Produk & Servis --- Kejuruteraan mekanikal & elektrik untuk bangunan2 komersial & perumahan, penyelengaraan dll.
Trend: Breakout 3 harga resistance lama sebelumnya
Candlestick terakhir: Shooting Star
Cara analisis:
Buat Market Structure High & Low ----> Support & Resistance sebanyak mungkin ikut sejarah chart
Garisan biru =...
KAB
Trend: Bullish
Rst: 1.03
Spp: 0.905
You may want to start avoiding this stock even every metrics seem highly positive now - Widening BB, MACD bullish crossover. Yes, of course the stock may make false breakout above psychological resistance at 1.00. But the serious worrying signal I see now is RSI quadruple bearish divergence signal. Stay away.
I love my own Malaysian market because it is easy to see how "Sharks" and "Whales" operates.
It is so easy and blatant. Yet, people believe that markets are rationale and supply demand. Nope, MAJORITY of markets are MANIPULATED by whales/sharks.
How do you know that?
Look at this stock as an example. The stock just went up 1000% in few months.
And then we had...
Kejuruteraan Asastera Bhd. engages in the provision of electrical and mechanical engineering services for commercial and residential properties. It also offers green energy. The company was founded by Keng Onn Lai on February 24, 1997 and is headquartered in Kuala Lumpur, Malaysia.
MYX
