1. Price candle break out MA 200 on 7 June '23 give strong signal the price movement may change direction to bullish soon. 2. Price candle testing MA 200 on 18 May '23 to 6 June '23 to shake out weak retailers. Price candles break out MA 200 again on 7 June '23. 3. GC (Golden Cross) MA 50 & MA 20 happen on 29 Aug '23 give another strong signal the price is build...
Comment : 1) TrendX+ indicator - candlestick wandering above trend line , mid-term uptrend 2) DDX+ indicator - fund candlestick is above zero-axis, overall inflow of fund 3) MCDX+ indicator - strong, banker bar has increased to 58% while retailer bar (turquoise) has vanished since 12th August 4) KGB broke out Neckline A on 16th August with large spike in...
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.
Technical analysis for KGB Stock based on Trend Analysis, Chart Pattern and VPA
MYX:KGB TURTLE PRO UPTREND (EMA 20 CROSS UP EMA 50) SLOW TURTLE BUY FiFT BEAR GETTING WEAK MCDX BANKER 50% ATOM BUY
KGB Rst: 1.16 Spp: 1.08 The stock has demonstrated strong support at MA200 as we can observe the recent flush below this level are quick being brought back. If confirm break below MA200 cut loss. The strong spike depends on it can push above Fibo Ext first tier hurdle at 1.28 or not.
#KGB Rst: 1.28 Spp: 1.16 Positive closing, candle done above upper BB with successfully breakout from Cup & Handle formation. Way higher.