Malaysia Health Care index which comprised mostly from Gloves / Pharmaceutical stocks may “found” its “bottom” as price near its major weekly demand Zone.
Pharma. As Malaysia Health Care Index which comprised mostly Pharmaceutical and Gloves stocks most likely found its “bottom”. While Malaysia Health Care Index found its bottom but not its KLCI index any reasons why?...
Topglove previous major demand / base / stop was created on 5 Sept 2017 monthly bar as shown on chart.
Supermax previous major demand / base / stop was created on 1 April 20 monthly bar as shown on chart.
Kossan previous major demand / base / stop was created on 29/ Dec / 2014 weekly bar as shown on chart.
Harta’s previous major demand / base / stop was created on 3 August 2015 monthly bar as shown on chart.
Gold may just completed its wave 1 ( yellow) at 1807.75. Price start moving down toward 1720 +-( where there was previous POC of Volume Profile ) for wave 2 ( yellow).
Gold. It seem like we have a “breakout” on bearish “wedge” pattern on Gold Chart as shown. But.will it “failed” this t8me?..Or wait till 1825-1820 ... P/s Gold’s movement is governed by planets Jupiter/Mars/Sun..
“Crude” Oil. The “mother/father” of “all” inflations probably on its last “leg up” soon @ around 87.98 toward around 118..So..So..All stocks/equities market will probably “end” its crashes ONLY around last quarter of 2022. P/S Crude Oil movement is “governed” by planet Saturn and Neptune. The Purple 7, 8 ( dynamic cycle ) are based on “cycle” counts with “statistics “...
Gold. Although “conventional “ elliottwave might view there might be 1 more leg up for gold to reach around 1800 just to complete impulsive wave 1 ( yellow). ..
Gold medium term “conventional “ Eliott wave counts V.s. “real” waves counts..E.g..: Based on the “speed / Z-factor” Plus + Price “contained “ within the Red parallel Channel = ( is corrective waves) :- “Real” wave counts = (W)(X)(Y)(cyan/light blue)
Bitcoin probably going much lower than 18000 as previous idea due to its expanding flat pattern (A)(B)(C) ( cyan / light blue ) haven’t completed yet.
Nasdaq. It’s probably untold “fake news” that she has “good portfolio” in stocks....Crisis was “created” by human not dinosaurs or tigers. Or Mars hitting Venus where no human living there. So “ mini boss” “visiting” Taiwan will make e-mini crashed another -31.30% ??!!
Bitcoin probably going much lower than 18000 as previous idea due to its expanding flat pattern (A)(B)(C) ( cyan / light blue ) haven’t completed yet.
Apple. AAPL. The world's biggest companies by market cap. Is he breaking “ Newton’s law of Gravity = stop falling down? Probably not.. Maybe another -35%..@ around 103.80? (F=ma)
Gold. We just have Jupiter planet ( a major planet governed Gold’s movement beside Sun and Mars) retrograded on 28/ July /22 ..p/s the retrograding process will be end by 24/Nov/22..
DNEX a Piotroski F-Sore 8 out of 10 ( fundamentally “good” ) company. Possible forming a running flat pattern ABC ( yellow) where price possible resuming its uptrend ONLY @ around RM0.55 - RM0.56..
Tenaga while investors can earn average 6% dividend per annum + PLUS possible > 100% profit gain from stock price in long term...probably only “bottom” by years end of 2022 @ around RM7.50 on median line (dashed red) of parallel channel.