Bursa previously has retested 2 times at RM 7.8, but failed to break lower. Hence we can take that as a strong supporting zone. And looking at the momentum, selling momentum is changing to buying. Looking forward to retest the previous resistant Rm10.20+ Risk and reward 1.8 : 0.8 And coming QR is promising!
Gold is having a stress test, possible downside 1755 , 1725. We should see a rebound very soon. Can consider to Long at 1755, 1725, partially in :)
JCY has reach a key level supporting zone, failed to break up higher. Stay neutral on this price now. Near-term might rebound high to 0.715, and then stay sideways. Bound range around 0.535 - 0.715.
As we can see on the chart, inno is challenging previous new high. Volume is still missing out. Price might pullback to a higher low around RM1.10 before going for a new high. Only buy in if volume and price moving up together.
We can clearly see a few rounds of testing on resistant level 0.125. Hopefully we can see the price stand strong at 0.11 this round, and volume is coming back. TP 0.18 CL 0.09
Looking at the chart from 2016 to present, an uptrend tunnel created, and we can clearly find the support resistance. With failing to break up further at the ceiling point 11k, I am looking for a possible further pullback to 9800 and 9000 , if cant support at 9000 , possible to pullback further down to 7200 .
Possible outbreak on Vizione, price reach Uptrend Tunnel bottom strong support at 0.405 Entry price : 0.43 1st TP : 0.5 2nd TP : 0.54 Cut Loss at : 0.4
For next week, we might see KLSE move slight high to 1620, but the momentum is declining, a fake up movement. Most probably to see a pullback to 1488 next 2 weeks.
A bullish flag pattern appeared, as we can see on the chart. First TP : 0.74 (previous resistant point) If price break 0.74 with high volume, Second TP : 0.8. First support : 0.66 second support : 0.62 Can cut loss at either 1st or 2nd support level. No buy or sell call was given. Buy at own risk :)
fulfilled bearish setup - triple top with decrease volume and weaker momentum. Following the weekly pivot point, first target - 22400 second target - 21500 third target - 20500
With a few confirmations on the daily & weekly chart EMAs crossing, we can confirm that the trend has changed, and we would most likely see it hit first TP 0.27, second TP 0.30. Another confirmation signal is by using XABCD patterns, it has form a Bullish Gartley. Trend : Bullish