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...
Hibiscus - Perhaps this might run too as their QR recently was good. May set 0.93 area as support & let's see if 1.01 able to break cause once that happen, it will run higher here. All this might happen when brent did rebound from those support area.
Looking at Nasdaq chart, is still maintaining its support area here & all it takes to move bull might need to wait 23rd Nov. If data is unfavourable, it will retest back support. My Personal Market Review Market Review Quarter Result Month Nov 23rd Core durable goods, initial jobless claims, new home sales & FOMC meeting minutes. Nov 24th & 25th...
For KLSE tech, don't hope too much 1st cause there are still election on going. So just be conservative by trading a few tech will do. 420 area break will be indicate a good sign ahead here. Since 375 area looks supported, it can be use as support. I assume it will follow SOX movement for the time being. Red chip does appear recently but is not that wild yet.
Just some chart pattern idea here to monitor. If this pattern able to break, it will continue to rise higher. Perhaps a good technical trade for aggressive trader. Red chip also keep appearing.
Hibi, if this 1.06 area successful to breakout & maintain it will. I believe it will head towards 1.3 area back here.
Did flash out before to monitor once resistance breakout. Current movement will retest the next resistance area.
Bursa probably “bottom” @ 5.320 +/- or 5.00 ( major trend line ). 5.320 is confluence zone of : 1) POC of volume Profile 2) Median Line of channel 3) Monthly Demand Zone.
Overall still on a downtrend momentum but this red chip does appear recently. So just monitor its retracement ended only to take action. Might hit 440 or above.
*refer to the image link* Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher. This indicates the big boys have no intention to mark the price higher & a price retracement is on the way. High volume price down happens around 11:40 & 12:15 shows the selling pressure is in. We see a few glove makers are...
It has been an excellent rollercoaster for KLCI Indeks. We are in the midst of a downturn in pricing when the price of Ringgit will not stand a chance to recover in the next 2 years. While we are in the midst of dissolution in Malaysia. We do not have any current prime minister running for management. While this dissolution only makes the settlement in not go...
MYEG is forming a nice HH and HL and finding support level at 0.83, however volume is still low, if next bar show better volume can potential for an upward breakout to reach 1st resistance level at 0.91 and 2nd resistance level at 0.96.
Expected to rebound at 0.40 MYR. Targeted resistance at 0.50 MYR. (1) The price inclining while the volumes insisted prior to previous prices. Expected on continuous bearish trend if the price couldn't break the resistance. (2) Within the current global economy onto further OPR leads to underperformance in markets.
DATAPRP is showing good potential in technical analysis. Based on my Fibonacci, its already entered the reversal zone on the monthly chart and now it is heading to the short-term reversal zone. Normally, the price will form a price action reversal pattern before its rallies. Let's wait and see the result soon.
From my point of view. But due to current situations, anything could happen. Tayor
Let see if price can break the resistance. If break, price maybe go to upper parallel Andrew Pitchfork, else maybe go down.
Looking at the long term chart, we will be facing one of a greatest inflation. In my opinion, price will be heading towards the 1100-1050 area in the next 5-6 years. Capital growth investment might be challenging to some, focus more on dividend dividend earning.
RESINTECH BHD :- After a continue uptrend movement now this counter is expected to shoot up to a point 1.19 and recently break the resistance of 1.130 and is indicating to move up and if breaks the next resistance of 1.190 then can make a new high of 1.220. It is making a candle chart formation of breakout pullback formation and the entry point is...