no detail prediction, just a trend prediction. and the trend would probably change at anytime
KLSE forming wave 3 in weekly, medium term index chart. target is 1729 base on fiboncacci projection , 1.618
Hi everyone. Hope Malaysia can develop their economy again after almost 90% Malaysians already received the second dose of vaccination.
This post is in Malay language. A quick review on FBMKLCI and TECH Sector in Bursa Malaysia.
KLCI may on last leg up to complete leading diagonal pattern in wave a (Cyan/Light Blue Circled). Where price could reach at around 2144 before more than 50% crash!? on Mid of 2022?
KLCI 25/9/2021 Banks downgraded by S&p500 , but as long as 1520 support area not breached still potential for a higher low formation in chart.
Despite a slump on the index this week, we see some reiteration of bullish bias (as labelled on the chart) along this positive trajectory of rising trend channel. Hence, the recent downside movement could be a pullback before further bullish movement. The index is seen moving towards support level at today's low, followed by 1490 and 1445. A breach below the...
Greetings, since the trend break through the bottom resistance 1557, now the new test of resistance will be 1527. The MACD and RSI show the down trend and i feel that it is meaningless to show the indicator, so i use other indicator to show the how the trend is going. As you see, the trend is down trend now, and the down trend would probably continue at next...
KLCI 18/9/2021 Currently forming a bullish flag pattern , has retraced to 50% support area . Wait for a bullish candle to end the retracement
KLCI 4/9/2021 A hammer formed with low 1579 , this can be a short term trailing support , 1605 is a short term resistant now . Overall still bullish
The rising of the ftse has ended this weekend, therefore next week may enter into Retracement period. It may take one week or with two week to complete the retracement, then might rise again. The reason of the prediction is because if we look into week trend, the new higher point is just about to start. This give us credible basis to believe that the trend will...
We have a nice week at 23/08 to 27/08, however we have to prepare for the retracement in future. It might be a big retracement day before National Day, after that might start to drop. Simple analysis as my main analysis is Hang Seng Index, but the whole week may be a bearish trend
KLSE is completing Wave iii of (i) of 3. The uptrend just begun. Should expect more goodness in Malaysia's economy soon despite upraising Covid-19 cases. Stay save everyone.
FBMKLCI in a downward channel. With the formation of new government, will it be able to improve the sentiment against Malaysian stock market ?
Forecast if Foreign Fund did not participate at least 25% above.
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
As projected on the chart, follow the movement with the bars pattern.
My prediction using method Elliot wave + Fibonacci Extension Retracement + Trendline Come on Bursa Malaysia Ku. Go go Bursa Ku