leonggw

leonggw Updated 

It has been 2 months it started retracement. Fib retracement plotted from top wave shows 3.618 falls almost at the same level as Magenta Flat Bottom Support. Apart from that, the Fib lines plotted from last year June, showing Flat Bottom Support also falls in mid of 4.236 and 6.853. Thats a solid support can be seen around 34.00. So far, this stock is -44% down...

leonggw Updated 

It has formed downtrend obviously, but technical rebound is possible, I took EMA120 and Fib Retracement to determine to possible Support. If the candles break first Yellow hidden line 0.2563, then probably going to Magenta gradient. By that time, Fib 2.618 will be crucial support whether will continue surging up, or continue going down.

leonggw

Flat Top is confirmed and almost come to an end. Recently there aren't much negative news about HSI, so I assume it will continue the Flat Top pattern. Tracing the hidden red line also a fine support for the current trend. 1h Fib Retracement is drawn, Fib 2.618 is quite a support for most of 1D candles. RSI also around 50, it's been sideways since it...

leonggw Updated 

The candles are moving according to the pattern of Flat Top. Referring to Fib Retracement of last top, clearly seen that Yellow hidden line is one of the Support around 26.75, eventually the Flat top to be broken also falls around 26.75. Let see if it can break, and surge to 30.00.

leonggw Updated 

A beautiful Flat Bottom is forming, as usual, lower and lower volume is seen. Now have to be careful to sustain around 1.550-1.570. But, Head & Shoulder is forming too. First have to monitor whether it will sustain inside the Triangle, or else, it will come down to the next support.

leonggw

I drew a parallel red hidden line from Green hidden line as a Temporal Resistant. If it's strong enough will break red line and hit the green hidden line, or else, it may be swinging Temporal Resistant Support area.

leonggw

From weekly chart, a very small cup is forming, volume for this week also seen higher than last week's. Forming the cup edge need to be around 0.590 to form the handle. From daily chart, curve not really significant seen, but it has broke through Flat bottom last month. Theoretically, correction is done. So, let see how far it can go.

leonggw Updated 

2 sets of Disjoint Channel in Magenta & Yellow forming a gradient green hidden line. The green line is like a resistance/support. The trend is uncertain, so far it is well supported above Yellow line. Seemingly moving sideways, but still strong to struggle upwards. Let's see.

leonggw Updated 

This is a very interesting stock, which it had been dropped 50% for 3 months in early 2021. And starting to rebound and dropped and rebounded. By seeing the rebound pattern, it has formed a triangle which trend direction is still unclear. But the graph may bound inside the triangle forming top breakout, or dropped lower. EMA 120 shows 0.565-0.570 which...

leonggw

This is a very interesting chart, flat bottom is met, gradually with lower and lower volume. 0.390 a strong support, 0.475 another resistance.

leonggw Updated 

Since ENGTEX broke out from Flat Bottom, it likely to form an uptrend wave. 0.705 still a resistance, if ENGTEX is strong, it will break Flat Top. Today gap up, although close lower, but traded with low volume. Good sign. Let see the coming days.

leonggw

There are several reasons why picking this stock. Fundamental analyzing it, I dont think this is the best in property sector, but if the worst is over, then this is the undervalued company. As this stock in in property sector, it is a sector not to be missed, although it grows pretty slow. Moreover, this stock has been sideways for 337days. Which I think the...

leonggw Updated 

Flat Bottom has a few criteria, lower volumes by days, traded price is getting a few ticks. 1 week is given to watch this stock closely either breakout gradient or going down. It will be pretty rough when going down until 0.390 to the Support.

leonggw Updated 

It can be seen volume is lower and lower when price is high (flagged in blue), indicating the purchase interest is no longer so powerful. Coming days should be traded low volume, as long as price supported at 0.900 regardless of staying in Flat Top area. If buying interest is coming back, candles should join back the Flat Top area and retest the Flat Top...

leonggw Updated 

0.930 a sweet support for double bottom. 1.010 is the resistance. AEON seems starting to change from downtrend to side moving, wish to see it set another position at 0.960 with RSI 50, following breaking 1.010 to get larger potential going up. If AEON unable to get out from downtrend band, Flat Bottom will tell.

leonggw

We are viewing a Flat Top, which is a trend that higher possibility breaking Resistance of 0.995. Low volume can be seen when Daily Candles touch gradient, it will rebound, a good sign still. As long as Daily Candles buoyant in the Triangle area, it will form higher low, and attempting break 0.995.

leonggw Updated 

Daily chart shows ENGTEX starts breaking out from flat bottom, volume has to be gradually increase with price. First resistance at 0.605, support at 0.545.

leonggw

JFTECH bonus issued recently, expecting 4x volume traded before bonus. Expecting with lower volume coming days with sideway movement, RSI also showing the level of tendency of sideway movement. Forecasting good/better coming Quarter report will tend to move up. Orange hidden horizontal line is support/resistance. Do position well, and TAYORA.