The recent breakout on 11th Aug is still an interesting point to note. The price is floating at middle bollinger band with insignificant volume while still holding up the uptrend line. Another breakout this week is totally possible.
Pullback with low volume while still on the upside of the trendline. Strong RBS at the 63.xx area is holding well. Seems like it will breeze through to 80 soon. Stochs are also pointing upwards since last leaving the oversold area.
After recent sideway breakout it looks like some profit taking is underway. Looking at the Heikin Ashi candlestick chart however it seems like there is still hope that this will be a successful pullback. US technology stocks are also looking green with Apple reaching all time high and Intel showed promising result. Probably Bursa tech stocks will rally next week?...
Price dropped sharply for the 3rd day but with minimal volume. Let's see whether the selling is really over as the bears are rejected at EMA20.
This is probably due to profit taking based on good news this week. Plus, market will be closed next Monday. Reversal is possible next week. Monitor US DJI.