Bursa Tech Index shown a good example of compliance to Fibo Extension.
2nd High/ATH is at Fibo extension of 1.618 and retrace to Lower High. this HL is well supported (2x double bottom)
If the index break 93.9 (ATH) - Technology Index and its counters should rally together with Bursa Index.
Observer the STO cross, which shows an early rally indicator.
Technology sector Breakout soon!
Tech stock go go go?
INARI, D&O, GREATEC, UWC, JHM, FRONTKN, JFTECH, QES and etc.
Don't all in ya...
Just for sharing and education purpose, not a buy call, trade at your own risk.