My analysis are based on technical and fundamental. It is common that the market will be "shaky" at the end of the year. We are looking for a recovery in about 35 to 40 days starting from today, and finger cross it will bounce from the first blue zone. Looking at the fundamental analysis, all 3 Quarters for 2019 showing a positive revenue and an increase of EPS...
These 3 "Blue Zones" are which I believe and upon my analysis that the price will bounce and continue to go up and hit our targeted TP which you can refer to my previous daily and weekly XAUUSD analysis. I will add more position in the blue zones when all confluence matches together including the momentum in the indicators. Good Luck!
This is my zone to enter a buy position. I'll be looking at 3000 points in this single entry. Please be mindful that you need to take care of your own Money Management. This is based on my own analysis and I am not responsible for any of your losses.
If it goes close and goes beyond the "RED" area, I will not enter any position. If the daily momentum & CS make a reversal, I will short through next week. Looking at 6000++ points out of this pair. Good luck.
My weekly chart analysis on XAUUSD shows that it has come to reach at the final wave, reversal has been made, i missed out the point to sell. However, there is still a chance for you to enter the market to sell. On the H4, the pattern is showing a correction wave, which in my calculation, it will continue to rose (in H4 chart) for another 3500-3600ish points...
Zone 1 is where I will temporarily put my long position according to H1 chart, maybe we will be looking at 300 to 500 points(1.96080) until it reverses to the main support at 1.93300. H1 Stoch indicator showing a reversal at the Oversold area, so, for now, u can look to 'buy' and close the position by the end of the day(GMT+8).
I will put my money in this stock. PERIOD!
CAHYA is one of the companies that supply raw materials in construction. They involve in the constructing of PAN Borneo Highway, billions of ringgit telecommunication tower project which was awarded to 5 contractors including them and many more. Don't forget that in Sarawak, the state only accepts local companies with...
My previous analysis based on EW was right at the first place when it bounced at the last 'Z' wave during its correction moves. However, after it manages to rose 8% from the previous low in the Z wave, it started to plummet down and now it has made a lower low that passed the previous correction wave. Based on my Monthly chart analysis, what I see was it is still...
It has completed the final trend wave and it is heading for the final correction wave. Those who still holding their position may want to withdraw while waiting for the final correction wave to complete. We may also see a 30% significant drop in 2 to 3 years.
Looking for long is an ideal decision for now. My base is on Weekly Chart, I would execute my position in either Daily or H4.
So for now keep a close eye on these 2 chart, look for the best reversal + momentum.
Although on the prior move, we knew that the KLCI will move lower to the support and trendline area which indicates the final wave (Z) correction and (e) in triangle. We were hoping that the price will bounce on these 2 support lines. It did for at least 2 weeks and moved 32.61 points above.
As of now, I will stay neutral on Malaysia's economic, if price breaks...
First I am looking for a long position with a starting point from the highlighted zone below, price expected to reach the Outer Trendline(in blue) before going down to the weekly Support/Demand Zone. Note that both the highlighted Zone are in the fibo level 50 and 61.8. Its a very good confluence for me. Good Luck!
Dont forget to Like & Share.