Diagonal wave 5 in progress for Wave A correction. Wave B will manifest once the diagonal wave completes
KLSE might pullback to 1500 before resuming higher. As of today, KLSE should be able to defend the 1500 level and going much higher. Will it advance before CNY next week? Let’s see.
KLSE has made a good progress higher. However at this current level there might be a pullback lower towards 1460 area before resuming higher towards 1525 area.
Time Frame: 4H Sentiment: Bullish Risk reward 1:3 Entry 0.925 Last close at resistant level, Bar price action and the volume, showing buyers' power increase. if it can break the resistant level 0.97, expecting the next level reaching 1.3 I'm expecting this time will be a real breakout, cup and handle pattern. Write your thought in the comment session...
KLSE is in the nice ascending channel. From the current position the index might push down a bit to 1460 before making a push higher into 1500 area.
NASDAQ:AAPL consolidating tightly. Awaiting the next breakout to around $195 supply area. Potentially looking at new highs after that. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
Looking at MYX:YTLPOWR for a continuation to the upside. Overall regional peers are lower however, might or might not trigger. Trigger: RM1.10 STOP: RM1.06 Target: RM1.19 These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as...
MYX:EWINT showing signs of a small base, if it manages to break above 0.595 area, I feel the next target would be 0.65 thereabouts with stops below 0.565.
TAIFEX:PWF1! is breaking out of the immediate resistance level of 0.74 now. Next hurdle is 0.76 and then possibly 0.86. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
I am of the view that MYX:WCEHB might be seeing another leg up towards the 0.55 region. Base well supported, Stops would be the recent low at 0.475. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
MYX:TIMECOM awaiting a breakout of RM5.70 to the upside. Initial targets being RM5.95 with stops below RM5.58. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
MYX:SHH could be looking for another continuation to the upside. However risks are higher with this as liquidity is not too good. A break of 0.98 would possibly lead to targets of 1.06 and then 1.33. Lets see if I get it right These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information...
MYX:YTL looks like it is flagging for a continuation pattern to the upside. If it manages to break 0.675, I am estimating next resistance to be around 0.69 and then if this level gets broken, 0.72. Similar moves to MYX:YTLPOWR which I posted earlier. These are my views and analysis and is only used for educational purposes. I am not a financial...
MYX:YONGTAI retook Friday's high and absorbed the selling pressure. I am feeling bullish that this name could see more upside in the near short term future with a target of 0.435 if 0.38 manages to break. Of course if 0.35 gets breached, the setup is invalidated. These are my views and analysis and is only for educational purposes. I am not a financial...
MYX:SEAL is flagging and pending a breakout to the top. I the close for today maintains above 0.42, I think possible targets towards 0.47 soon with stops at 0.40 These are my views and analysis and is only for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
2022's multibagger stock MYX:HEXTECH has seen consolidation since the start of 2023. Keeping my eye on a breakout of 23.66, with stops at 22.26 and targeting towards 27.06 area. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be...
After pulling back and consolidating, I am looking at MYX:SALUTE to stage another wave up. Trigger: 0.965 Stop: 0.87 Targets: 1.28,then 1.57 These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
huge gap below. new resistant confirmed. sub 1100 level might come if global economy continues to be sluggish. worst scenario 900 levels.