SteveTan

SteveTan

Harta have long term bullish reversal setup with confirmation entry! Harta’s stock price By breaking wave b (cyan) the subwave of last impulsive leg down which is wave (v)(Red) confirmed a reversal signal for down trend Since August 2020...P/s people asking if you are so good why just don’t “keep yourself?!” R u trying to show off? Selling signals or looking for...

SteveTan

Topglove vs Karex ? Apple vs orange? 29/Sept/22.. Topglove as world largest gloves producer . Some “compare” it with world largest condom stock. Karex. As both are the “biggest player” of “rubber”products..One should have the “same fate” of the others. Just 1 question. Does human need “standard SOP/ protocol “ during sex activities.. Or “condom” or “gloves” is a “...

SteveTan

Karex as world largest condom producer + main “supplier” for Durex.. Some “compare” it with glove stock. E.g topglove. As both are the “biggest player” of “rubber”products..One should have the “same fate” of the others. Just 1 question. Does human need “standard SOP/ protocol “ during sex activities.. Or “condom” or “gloves” is a “ must/need”?...

SteveTan

Gold probably reached wave iii ( green circled) now price moving toward wave iv ( green circled) @ around 1700 with possible (a)(b)(c)(Red) zig zag wave..

SteveTan

GBPJPY’s 168 or gold’s 1680? I have been studying #WD Gann trading methodology for >15 years from his early astrology trading to later GANN Square.. BUT “both” are very “subjective” even his later Work of Gann Square more “practical” than astronomy method. Back to my “origin” maybe I should study more about Chinese’s Ancient Wisdoms where I found Chinese...

SteveTan

ES1! Aka SPX emini possible forming a triangle as we already have an expanding flat pattern abc ( cyan) on wave (ii)(Red). So..as Elliott wave alt. Rule. We can’t have another “same” expanding flat which is ABC ( yellow circled) pattern on wave (iv)..So..this “expanding flat” could be wave a ( Cyan) part of a triangle pattern in wave (iv) ( Red)..

SteveTan

Vitrox. Malaysia 2nd largest tech stock by market capital after Inari. Its current Price seem like forming a “bearish triangle “ waiting to break to the down side.

SteveTan

Inari price possible still hasn’t completed its correction as global chip still “oversupplied” “ temporally “..Now it is moving to cycle 13 ( green) until end of 2022 or early 2023.

SteveTan

Optimax. Possible forming a VCP aka cup and handle pattern.

SteveTan

Topglove. We’re at the “junction/ intersection “ of 2 median line ( dotted yellow) of 2 major (long term) ascending parallel line ( cyan) + Plus Fibonacci 0.386 lvl which is around RM0.570. Let see whether price could keep above RM0.50 for coming few months. We have 2 “news”. The “Good news” is we might close to complete correction of expanding flat (A)(B)(C). ...

SteveTan

Gold possible forming a running flat in wave b ( cyan) as “disguised” triangle..just to make “false” breakout to upside..

SteveTan

PBBank. Look like we have A VCP chart pattern. A chart pattern “refined” by famous Mark Minervini ( US 1997, 2021 investing championship winner) which got inspired by William J. O’Neil defined “Cup and handle” pattern..p/s or anything “chart pattern” you have “discovered/defined “? Making it “famous”?...Also the “cup & handle / VCP” pattern “closed” to 1 of...

SteveTan

Gold price seem like telling us “the bear” hold its belt very tight below 1680..Before he/she “ smashing “ the “cow’s Head” with its belt again?! Harder this time..

SteveTan

Gold. We had a solid big bar/candle on daily chart closed below 1680. So possible a “legitimate” major “breakout”. Price probably will have a “magnetic” pullback toward previous orderblocks/supply zone on smaller candle where those hot money “gather” before a following “heavy distributed explosive move” with big candle/bar. This would be “ the base” where the...

SteveTan

Gold. By breaking 1680 critical support. I have to review the big outlook of gold chart ( And gold has inverted medium Cycle which I’ve missed it )..its previous cup and handle pattern might “shift to” a big triangle pattern ( ranging /base) in wave in (IV)(yellow)...Apparently FED “prefer” $ cash is king = US dollar/ 10 years bond “ not stocks even “smashing”...

SteveTan

Topglove. Are you interested to know how to catch a “falling knife” with gloves? Or Topglove more specifically?..Let do some “microsurgery” first with “Topglove” “zooming” into this “ Zone C yellow” to see where it’s centre of cancer location and before cutting its “cancer tumors” with while you might be “hurt” “many times” by catching “falling knife / downtrend...

SteveTan

Gold. With cycle analysis (Sorry. not shown on chart as it’s too messy only I understand it )Probably double bottom as price “all in” prior to FOMC rate hike on 21/Sept/22. Whether is 1.00 or a “rocketing fuel” of 0.75!..

SteveTan

Topglove “Conservative” traders may wait price to break RM1.140 which is CHoCH level ( subwave wave B (yellow) of last impulsive wave 5 ( Cyan Circled) to “ confirm the “long term” downtrend is “game over “ and waiting to buy at “pullback “ after the “ break out.”