After long weeks of bullish, it finally comes with a healthy retracement. The obvious support will be priced at 0.525 and 0.495. Started from last December, it touches multiple times of 0.580 which creates a multiple top. If it break out, the next resistance will be allocated around 0.630. The potential return for break out will be around 10%. The technical...
Yes, no doubt, the IDSS is banned until end of this year. Without IDSS, it helps KLCI to run a little bull. Usually, IDSS is hedge against the KLCI. After 5 days of green candlesticks, it finally touch the most important intermediate trend resistance (in yellow), if it able to break out, the next resistance will be around (in purple window), Before that, hoping a...
Next resistance 0.56 - Double top and intermediate trend intersection.
Stand above triangle breakout for short term trend.
It would be great if the price can go back to the yellow parallel channel.
After a straight break out and touch the intermediate term resistance multiple times ( in blue ), it has slowly retrace back to the support line. A green candle can indicate the stock may run bull, if it able to break out the intermediate resistance, the potential return will be considerable. Technical chart only for my own purpose, trade at your own risk.
Next support will be the red color trend line, it if broken, the S2 will be purple window. Previously the price was "goreng" and hit new TP, but now the price mostly will stick back to the red trend line. Technical chart only for my own purpose, trade at your own risk.
Next resistance at 1.03, waiting for short term trend line broken and stand above the triangle breakout. Next resistance will be at 1.05 between 1.08
Potential downside risk to meet the next trend line supports only 3 percents.If it cannot sustain, the S2 will be valued at 0.910
Technical chart only for my own purpose. Trade on your own RISK.
