1) TrendX+ indicator - candlestick wandering above trend line , mid-term uptrend
2) DDX+ indicator - fund candlestick is above zero-axis, overall inflow of fund
3) MCDX+ indicator - strong, banker bar has increased to 58% while retailer bar (turquoise) has vanished since 12th August
4) KGB broke out Neckline A on 16th August with large spike in...
This is my prediction for KGB . 100% wrong but if it goes right then only coincidence. Only prediction. Possible places to monitor @Fib 0.5/0.618- soon then it will rebound from there to make Impulsive wave 12345
Rst 1.88 Supp 1.64 & 1.43
Today high candle 1.770
Good fundamental & uptrend. Chart pattern might be creating a rounding bottom towards 1.88 area. What to lookout is the volume itself. If this area successful breakout, it might create a new high here. Although risk rewards here looks like halve but if the momentum is going for a breakout, should be worth while....
Previous I feature KGB back in 24 July.
After the price surge about 57%, supply occur and it take one month to re-setup a small base VCP to digest out the supply. (indicate in grey pin in the chart)
During the re-setup, higher low appear with 3 contraction below:
Last contraction C3 appear to have shrink volume.
Demand re-enter on...
Kelington Group Berhad, an investment company, is principally engaged in the business of providing engineering services and general trading, specifically in the provision of Ultra High Purity (UHP) gas and chemical delivery system solutions that comprise system design and installation; gas and chemical delivery...
Considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
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KGB.... VCP breakout previously. Currently it has pull backed a little. MA golden cross, RSI uptrend line is respected well too. I guess it's just a matter of time before it breaks ATH and find a new high. Banker chips at 50% and RSI at healthy level. Overall I'd say very...
Here you go for the 2nd counter of the week, KGB with 5 contraction below:
5th contraction is the pull back after the previous breakout.
The candle and volume on 23th July looks solid. Something brewing for KGB.
Fundamental wise looks good as well.
This sharing is based on my technical analysis...
KBG breaks mini volume profile point of control with higher than average volume @ 1.155
Be cautious @ 1.265 (price might be rejected at low volume node level)
Potential buy on dip @ 1.155 (price retest point of control level)
Potential target price @ 1.345 (52 weeks high level)
This is intended to be used and must be used for technical analysis...