1. Combination of PVA is very interesting and powerful tool that we can used to predict the price trajectory. 2. In the example above (LAYHONG, a poultry stocks in Malaysian Stocks Market). 3. This is my analysis on the stocks: a) Price making lower low and retesting a major trendline. b) Low volume while retesting the trendline c) A bullish divergence is shown...
huge gap below. new resistant confirmed. sub 1100 level might come if global economy continues to be sluggish. worst scenario 900 levels.
Short term analysis: (what we see from the chart) Price crossed-up MA50 (blue) & MA200 (white), possible to start bullish uptrend. Higher High Higher Low of price pattern is formed! Short term resistant @0.48 Smart Money Flow (MI02b) indicates Profit-chip (red bar) is increasing & Lost-chip (green bar) is dropped to minimal. Trade Setup Trial: Cost price 0.44 TP1...
EKOVEST - Rst 0.425 Supp 0.370 Monitor closely if can break 0.425 area. Else just ignore.
As you can see, prices make a higher high and higher low. The structure is there. So for me, a long position is less risky than a short position.
KGB is a slow low volume counter but those double bottom might give a boost soon. Its QR are maintaining very well too. Fund manager is waiting global to improve only they will push. Else it will just stagnant only. So is worth to monitor all this good stock.
The S&P500 rose after the release of minutes from the Federal Reserve's most recent meeting, which revealed members were laser-focused on managing inflation even as they decided to delay their rate hike pace. Officials at the Fed's policy meeting on 2022 December 13-14 agreed that the US central bank should continue to raise the cost of credit to restrict the rate...
Bjfood, as by 5 jan 2023, price closing rm0.98 . No new catalysts, news, either booster. Lack of popularity, momentum low, many sign of weakness, upthrust 1 day ago. However, the trend is still bullish. Price still above MA100 and MA200. Currently testing support at 0.98. If broken may test support @ 0.935. Next quarter report expected on early February....
Energy - Market recent rise seem to have favour the commodities too. Perhaps we all can take a look into our klse energy index. Once this pattern complete, it will set towards the next resistance 854 area there to complete the rounding bottom pattern. Individual may monitor Hibiscus & Dayang.
Technology - For KLSE tech already at support to rebound. Let's monitor if is a strong one then individual may play around with its technical rebound.
QES - We can see red chip started to react these few days as QR yet to be announce. So is clear that price had been factor in before the release which i assume will be continue once global rally start to move. A strong support being form at 0.4 area along with a double bottom pattern. 0.49 can be an immediate support & movement will retest 0.59 towards 0.66 area.
Technology Index - A reset button would be an ideally the strategy for the month cause Feds had just shut down a 2022 Christmas Rally unless there is a miracle from Santa. If individual have any tech sector holdings, you may want to look at a lower price cause these double top here will boost the bear strength to slump further until a strong support can be found.
I bought back MI to trade for a positive CPI data ahead. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
I bought back recently to trade for a positive CPI data ahead. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
Technology index - More or less, we need to respect the main klse tech index also. If this area break, tech sector will continue its run. That's the reason I take profit most of my tech sector today & wait for another round. Prove of selling source that I am earning Rm200k = USD45k can visit my link in my signature.
After a huge fall from last week, CIMB is showing sign of price bottom & price up with volume yesterday. Although high volume in daily chart might scared some investors away. But the major volume created yesterday was done at the price bottom & maintaining the price at higher level.
KLCI - Possible a rounding bottom to be form under the administration of new Government which led by unity government. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
USDMYR - This chart can use to monitor our country economy too, hopefully the double top here can indicate that our MYR can continue to be strengthen under the unity government. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip...