1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Technology 9/1/2022 World Technology stock including semiconductor stock is having a short term weakness as the 10 year govt yield continue to rise. Our Malaysia Technology which heavy with Semiconductor is waiting for Nasdaq's movement. Nasdaq need to rebound then our Malaysia Tech will follow.
Technology 11/12/2021 Chartwise yet to be good , but 93 & 90 are the supports. Tech Stocks may consolidate first before turning bullish again.
Technology 3/12/2021 Trend broken , 91 is the main support area. Lets see if this area able to visit and perhaps we can get some discount here.
Technical analysis for TECHNOLOGY Index based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Bursa Tech Index shown a good example of compliance to Fibo Extension. 2nd High/ATH is at Fibo extension of 1.618 and retrace to Lower High. this HL is well supported (2x double bottom) If the index break 93.9 (ATH) - Technology Index and its counters should rally together with Bursa Index. Observer the STO cross, which shows an early rally indicator.
Refer to the EPRAF indicator, there is good line color management according to the “HARGA PALING MURAH ORANG BELI” formula. This is a good sign for the Technology Sector to continue to grow.
Technology sector Breakout soon! Tech stock go go go? C1: -17% C2: -5% C3: -3% C4: -3% INARI, D&O, GREATEC, UWC, JHM, FRONTKN, JFTECH, QES and etc. Don't all in ya... Disclaimer: Just for sharing and education purpose, not a buy call, trade at your own risk.
Malaysia Technology Index Continue to go upper high after breaking the short term downtrend line.
Technology 24/7/2021 88 resistant area should not be a problem for now , but 92 area is an important resistant to take note of next week . The question comes out from you should not be can breakout or not , but can hold or not this resistant area.
Technology 17/7/2021 Despite the weakness signal in Nasdaq and the Semiconductor indices, but Malaysia Technology Seems some hope to breakout from the downtrend channel? Can the divergence continue? Next week will be very important for Technology Sector.
BURSA Malaysia Technology Index Chart almost identical with NASDAQ e-mini chart after year 2013
Technology 18/6/2021 Best Performer for the week , currently at the previous high where play as a resistant here, Main Resistant at 85 area RST 82.08, 85
Technology 12/6/2021 Nasdaq at Strong 14k Resistant now . A clearer direction is needed for upcoming movement for Technology Sector. SPT 78.57, 76.39
Fall off EMA25. Market switching its money to recovery stock indeed. If Monday still not recover, longer retracement expected. #JeremyTrendingStock
Just need a short rest after 100m sprint. But it is also a good chance to collect back those potential stock.
Continue Bullish. Just hold if you are in any of tech counter. But reminder for coming QR result. For safer play is enter after the QR release to avoid the QR boom.
Continue and always bullish. Either EMS, 5G or EV thematic will continue to push this sector to new high.