Technically at the current level KLCI looks heavy. If price cannot hold above 1615 then a bigger retracement is expected towards 1585 to 1571 support area.
Long KLCI @ 1408 +/- on around March/April. Probably last “chance” to “accumulate” blue “cheap/chips” stocks! But probably not Banking Stocks.
$FKLI FKLI recovery map (2022-2024/26) Dec'22: Bounce continue post-GE mid'23: reclaim 1,598 end'23: reclaim 1,698 mid'24: retest 1,600 from 2023 peak mid'24-early'26: reclaim 1898... @ 2026, what's next? case A: Fed cont QE, ATH or new ATH on inflation case B: Dollar collapse, world plunge into abyss. thanks for reading my crystal ball analysis...
For Studies Purpose ONLY. Malaysian have just voted and celebrated for their new government with its stock index surging >5%..BUT it probably need “some time” to “reformatting” the “bad hardisk’s sector” left by previous....
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...
KLCI index currently “reside” @ around the “terminal/ center of gravity “ of universal Yin ( seller’s force) and Yang ( buyer’s force”..What do you “see first?” Or “think second?”....
KLCI possible have completed its bullish triangle pattern ABCDE (Red Circled ) (Highlights Zone). Price now in consolidating stage building a “Rocket” “Base” @ : - 1) Volume Profile POC ( Red Thick Horizontal line) , 2) Volume Weight Average Price ( yellow thick line 3) Price at Previous Supply Zone Flip to Support..AND before launching to the moon! Possible...
Follow 3 steps to do entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and heading to the sky Happy holiday traders.. cheers~
Follow 3 steps for entry 1. 1st breakout done 2. Retracement 3. 2nd breakout and heading back to the earth ready to back now? let's go, traders!
KLSE future index may resume its downtrend at around 1555 where this is the zone of ..1)Volume Profile's Valley ( Some traders only trade the "Peak" or "POC" of volume Profile. But the "valley" of Market profile could be "interpreted" as "Lesser" "Buyer or Seller". Depend on the "bias" of market sentiments overall trend 2)Closing the gap at round 1555 3) A...
KLCI future index is on its last leg to complete wave (E) ( Cyan /Light Blue).. The last leg of bullish contracting triangle correction. Price will rebound soon as price now close to :- 1) Volume Profile ( POC) ( Point of Control) at around 1517 AND 2) Daily Demand Zone (Cyan Rectangle Box).. 3) Dynamic cycle 4 ( cyan/light blue) reached soon 4) There is a...
Both Current KLCI index Price Dynamic Time Cycle No. 6 (cyan) AND Static Time Cycle (Red)(Dashed Curved Line) is pointing south.. Where the average low of the cycle will be due after 19 Nov 2021...
FBM KLCI on short term perspective is on an uptrend and within this 2 weeks to 1 month has the possibility to gain 10 points and remain neutral until the next turn happen. Price on daily is moving above the 20 & 50 MA with a positive internal technically. Sentiment & news might cause some volatility but the index appear to be bullish
Momentum turn from neutral to slight weakness... Major Support at 150x-3x still holds , albeit weekly close below ema100 (~158x area) ❇️ Fundamentals: Market sentiment likely dragged down by deteriorating COVID situations, both nationwide & worldwide. Q2 GDP figure unlikely to be favorable (despite mainstream media bullish projections) Commodities...
Major Support at 150x-3x still holds, while price struggling above weekly ema100 (~158x area) Expect further sideways-up movement if major support holds, possible wedge pattern in formation. Watch: Immediate R @ 169x-172x Happy Hunting! ⭐️🚀 -JK-
Expanding Triangle might still working . Detail @ The Chart
this is haidojo and the number is 275 ... since we entering fcpo-june, fcpo price has been trading in sideway position, still indecisive of the trend. basically, the price has broken below the critical support of 3830-3880 support level, thus, it is in downtrend... however, it is not directional in any significant way...juz goes up a little higher, then a little...
FBMKLCI Future might still forming expanding triangle, Stop lost for long would be around 1550, TP @ around 1760 as chart shown above..