mukhriz.mangsor

mukhriz.mangsor 14 views ・

The negative divergence depicted by the MACD on the chart has given us an early warning of the impending downward move. Prices keep moving up but MACD shows declining move. Yesterday, Dow Jones ETF (DIA) confirmed the signal with the gap down move. Likely downward target would be around the 270 support area and the 250 area. A break below the latter support level,...

mukhriz.mangsor 75 views ・

The descending triangle chart pattern on TLRY depicts price has closed well below the bottom of the pattern. This would potentially put the price under pressure well under $15 as per the classic rules of the minimum target price.

mukhriz.mangsor 8 views ・

The classic ascending triangle pattern developing in CSV for several weeks just break today, and has propelled the price to over 16% gain in a single day. Based on the minimum target, a potential residual gain up to $28 may be insight.

mukhriz.mangsor 28 views ・

HEVEA potentially have made a cup & handle pattern. The handle briefly break the resistance line. A push beyond this top would potentially gave us a minimum price target towards 0.63 level with stop loss just below the low of the handle pattern.

mukhriz.mangsor 25 views ・

MALAYSIA Stocks: Jaycorp has completed the cup & handle formation with a potential to go higher. Current price may be corrective in nature. Expect further bull move towards the minimum target of RM1.25 with stop loss just below the low of the handle.

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The ascending triangle pattern has help push the Tesla stock over $299. Expect some resistance at the $300 round number. This stock may hit its minimum target of $325

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Based on the descending triangle pattern, eBay price has break below the bottom line pre-market at $36. This may fueled the downside move toward its minimum target of $33

mukhriz.mangsor 88 views ・

First thing first, it all because of the famous Head & Shoulder (H&S) pattern at the top signalling reversal. The moment the candle break the neckline, TWTR start to make a dive. Then it followed by a descending triangle pattern. Price break below the bottom of the triangle in pre-market, and now price is about to hit the minimum target move. Expect price to...

mukhriz.mangsor 88 views ・

Using both candle & oscillator analysis, BA seems to find some ground to push the price higher as depicted by a Hammer candle on Monday with yesterday candle showing a gap with a close higher than the Monday candle. Supporting such move was Stochastic indicator to confirm the cross-over going the oversold surface, with positive divergence on stochastic. Further...

mukhriz.mangsor 41 views ・

BMY gap-up today opening near $60 level, but closed at $54.23 creating somewhat an inverted hammer candle. Need to be cautious here. Stochastic still on the overbought territory. Watch the Stochastic closely for any sign dipping below 80 level. A closed below or near $53 we may consider to go square.

mukhriz.mangsor 137 views ・

The descending triangle pattern could provide further potential for MCD to go lower. Consider short trade if price closed below the descending triangle pattern. The potential downward move will be likely around $15 if price break below the descending triangle pattern.