The consolidation period in the KLCI chart may be caused by the recent MCO announced by the government. It may trigger an alarm as the support area has been tested four times. Next is to monitor if the price rejecting or vice versa at the 50 SMA (red) level.
They will dump it until zero
According to the MACD Histogram modeling, it appears that China is starting a new Wave of infections, already set in and has started to move. MACD histograms are above zero, and the MACD lines crossed up, leaning towards an outbreak that needs to be controlled. Currently, it does not look very serious, but definitely significant. The coming week or so will show...
Looking at the MACD projection model for Malaysia, it is rather alarming... The current wave is Wave 2 for Malaysia and it is accelerating at a faster pace than previously. suggesting that the plateau for this wave is further out, being months at least. Unless, a lot is done to control the situation pronto. As I am not privileged to the local happenings, I can...
Last week, an update was made and projected that this Wave 3 was to be more significant and previous, as well as longer in duration. The days passed with events that corroborated with the projection, and in fact, surpassed the projection. The MACD histograms had crossed sooner than expected and the MACD lines show the momentum of the up trend. What this...
For public awareness void of media or political bias. I wish not to scaremonger but to provide an analysis where early signs of another wave are evident, as per my civil duty. Analysing this set of data is very different in approach due to how complex measurement of a pandemic is, and the various metrics and other substantive data to contextualise. However, I...
I was just having a conversation with a Singaporean good friend who lives in London, and called this afternoon upon learning about the (earlier expected) stricter measures that was just announced this afternoon. We were exchanging views on how the countries differ in the management of the pandemic, and the consequent success and failures. Then mentioned that UK...
Quick check in the COVID-19 situation for Singapore shows that there is some level of stabilization. As more cases and clusters surface, this may be the eye of the storm, and the next weeks will show us what might come in June... Watch for it!
Revenue and Profits will increase after Covid Projects to hit 320 due to demand in Makeup/Cosmetics market after covid. MACD, and Profits show potential gains in the next 90 days due to yearly reporting in June.
This is a purely technical and the current market euphoria call. Expect $VBIV making $MRNA, $VIR like stratospheric moves. Target trend lines. SL: $2.6
The COVID-19 pandemic is holding the world, the economy and our health in a tight grip. So far Biontech/Pfizer have been successful with their vaccination, but as the virus mutates, it is unclear how effective the vaccination is. Many COVID-19 infected patients have to be hospitalized with a need for mechanical ventilation and that is where Humanigen plays a major...
Traders Technical Indicators - VS - Medical Indicators :D I think the covid pandemic will disappear @ the first resistance or it may extend to the next resistance, let's watch and see what happens at these numbers that have been determined by our simple tools for the Money mines.
SHORT DESCRIPTION: - Nothing has changed! We are still inside DOWN TREND channel (long and short term)! - During Monday trading a huge "HANGING MAN" candlestick has formed, which is a BEARISH SIGNAL! - (Bloomberg) "Oil slipped with the rapid resurgence of COVID-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+...
SHORT DESCRIPTION: - Nothing has changed! We are still inside DOWN TREND channel (long and short term)! - During Monday trading a huge "HANGING MAN" candlestick has formed, which is a BEARISH SIGNAL! - (Bloomberg) "Oil slipped with the rapid resurgence of COVID-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+...
The British pound has reversed directions on Friday and posted gains. In the European session, GDP/USD is trading at 1.3881, up 0.32% on the day. The pound has shown considerable movement this week. The currency started the week in fine fashion, climbing 1.11%. This marked its best one-day performance since January. After pushing above the symbolic 1.40 line, the...
So... Technical analysis is not the orthodox tool for Pandemic infection monitoring, BUT it appears that IF we can look beyond the box, we can see more, and get ahead of the curve a little more. This is the SECOND time the Singapore COVID-19 charts are giving us about 6-8 weeks heads up of an imminent spike in COVID-19 cases. Much could have been done IF we...
EUR/USD is having a rare day in negative territory. Currently, the pair is trading at 1.2006, down 0.24% on the day. The euro has been in fine form in April, racking up gains of 2.3%. The currency has made up most of the ground lost in March when EUR/USD fell by 2.8%. The direction of the US dollar has, to a large degree, been dependent on 10-year US Treasury...