A year long distribution period finally breaks the double top neckline and moving into the mark down phase as triple MA all are pointing downwards.
Potential X-X target to 73 dollars before accumulation/ consolidation takes place
FBM KLCI on short term perspective is on an uptrend and within this 2 weeks to 1 month has the possibility to gain 10 points and remain neutral until the next turn happen. Price on daily is moving above the 20 & 50 MA with a positive internal technically. Sentiment & news might cause some volatility but the index appear to be bullish
It appears apple has broken out from its range on and flowing on the fan towards arc 4 with confluence of time & price.
MACD is rather neutral. If the analysis is correct we should be seeing it reaching the box area latest by next Monday.
Cheers to @Blayno_Gainz
with markets moving back after the missile strike this morning, market sentiments starts to stabilize and USD looks strong overall.
Price breaking the Asian session and will likely to rally upwards coming to NY open.
Looking for an upside move after market retested the weekly & daily support recently.
Together with GSK these companies will be making an announcement on ovarian cancer drug this coming weekend
All stars seems to allign except for absent of significant of volume. However intraday gap seems to maintain
Opening price : 45.8