The Godzilla will always find a resting place deep in the sea before it gains the energy to fight on the land. This is the same view I have with BTC, it looks like it loves its resting place at 200MA's before regaining its energy to rally. I am not saying that I am absolutely right, if I'm wrong then I am wrong. But looking at the pattern, still it couldn't...
My view on TENAGA, price will be floating around $7 to $5.8 ish, looking for "big shark" purchase power around that area before it continues to go up. Fyi, TENAGA is one of my choice in term of 'dividend growth' investment. I will be looking to buy when I see weaker bearish. -FIN
I am still firm that BTC is going downtrend for a long time. Red Line - where the market making a short term reversal in a low timeframe Green Line - is where the market making a bullish reversal Blue Line - Is where the final momentum will reach before heading down. Profit taking shall be fully utilise at $54k - 55k the most.
Looking at the long term chart, we will be facing one of a greatest inflation. In my opinion, price will be heading towards the 1100-1050 area in the next 5-6 years. Capital growth investment might be challenging to some, focus more on dividend dividend earning.
Market is likely to open as GAP up tomorrow morning before heading downwards. Good Luck
My view for Crude Palm oil as follows. 1) Price will make a decline towards $4336 to $4330 area, making a new support area. 2) Price shall then make a rally and heads to $4500 area (plus minus ish) 3) before making a big drop to $4000 area In conclusion, will look to make a quick 45ticks by shorting. After the 1st session break, i will look for a long...
Bullish is trying very hard to push against its 5 & 15 min resistance. Bullish volume in the 1HR chart seems to be working too hard with a little too less, or I can say a formation of Doji. However, the price just closed above the resistance, we will be looking closely at the next candle reaction, whether the bullish is getting weaker or stronger. Here some tip,...
My view on FCPO; 1) Price is to rally higher to the next Resistance level 2) Price is expecting to do a bullish reversal at the 0.5 fibo level which also respecting the previous resistance turn support level Will enter into a position when price reaching 0.5 fibo and make a higher high. Targetting 170 to 175 ticks.
Price is making a consolidation/sideways, give it a couple of days, and I believe it will continue to break down and heading towards the trendline before heading its way up making a new high. Also if you look at the Daily & Weekly chart, u will see the presence of Seller, but u won't see it in 4 hours and below charts but they exist in Daily and above. Follow my...
The pattern is currently doing a sideways or consolidation in 1 HR and below. It looks like the selling pressure is present unless if its breaks the red line resistance with a strong buying force. Other confluence for shorts are: 1) Pattern making a reversal at a 61.8 Fibo level 2) Seller coming in, can be seen in Volume 3) Bullish momentum getting less and...
This is my view on MIcro Mini S&P. Currently, there is less buyer coming into the market. Price is heading towards the 4250 - 4220 previous resistance zone/key level before the rally breaking the trendline. Good luck.
My view of FCPO for this week. Buying pressure is decreasing and will be looking to consider re-purchase at the 3880 levels. As of now, I am going for Short. Good Luck.
Hey there. Just one question, do you see any buying pressure in the Volume Oscillator? No? Yeap me too, so we will strong on short. Price will make(finger cross) a reversal at the trendline and we will be exiting our position in the next resistance turn support. P/S: My position was entered yesterday at 1412.6. The reason why I posted this is because some of my...
Hey there. This stock has been on my radar since 2 weeks ago. On the weekly chart, we might have a nice bullish engulfing closing for the day. On the Daily, there is a nice rally which indicates that the "big player" is ready. I have entered my position at 0.745 today, and I am looking at 3 to 4 weeks of holding this stock with a good 20% return. Bear in mind,...
Price is currently in consolidation. We will look for a possible breakout either up or down. We will see.
Recent price (1HR) has managed to close above the resistance area. 15 minutes before market closed, price has made a bullish reversal in 5 minute time-frame. My target is 140 ticks above till the next resistance level. Good luck.
Looking for confluence between Malaysia Index and the Hartalega stock. Both currently at the previous SNR zone which can be an early signal for a bullish reversal. We will wait and analyze for a reversal + engulfing candle at the possible support area.