The consolidation period in the KLCI chart may be caused by the recent MCO announced by the government. It may trigger an alarm as the support area has been tested four times. Next is to monitor if the price rejecting or vice versa at the 50 SMA (red) level.
My view on RUBBEREX are: 1) Weekly Stoch is on a bullish reversal 2) Price is currently testing on a support level 3) My presumption that the price will go to the next major support at 2.030. But I will look to take out my profit at 6% from my entry price (1.670) 4) Average EPS 5) Financial report looks impressive
My opinion on TAKAFUL: 1) I am looking closely at these 2 zones (marked in Cyan) 2) My first indication of entry is when the Weekly Stoch turns Bullish Reversal. 3) Fundamental aspect, EPS looks excellent at 40.27. 4) My first target for take profit is at 5.065. Depending on how it reach to the next big resistance, my maximum expectation gain can go up to...
My view on BINTAI: 1) Im looking to enter in the Cyan zone. 2) My entry is upon bullish reversal of Stochastic indicator in M15 timeframe. 3) My targeted profit zone is around 0.740. BINTAI Fundamental overview: Share prices of both Yong Tai and Bintai Kinden have skyrocketed since announcing their respective vaccine distribution ventures last year. Bintai...
My opinions for PWROOT: 1) I'm inclined to enter the second zone for long term. 2) There are a lot of significant SNR zone in zone 2. 3) If you are looking for a long term, then 2nd zone is for you 4) If you are a day trader, looking for 5 to 6% of gain, you can enter in zone 1 when M15 timeframe Stoch is making a Bullish Reversal. 5) EPS looks good, Good Luck.
My opinion on YONGTAI. 1) My "bullseye" target will be in Zone 2 2) Price between 0.255 to a minimum of 0.230 3) Yongtai is expected to bring in China Vaccination by the third quarter of this year. 4) They are still waiting for MOH NPRA approval to import vaccines from Shenzen Kangtai Biology. 5) Zone 2 in my opinion still the best zone to put your money...
My 2 selections of entry zone. I will enter my position when 1) 15M TimeFrame stoch goes into Oversold area. 2) Reversal in oversold area 3) Pups/Mini pups in stoch 4) Formation of Cup n Handle 5) Entry when bearish volume turns weaker than the next bullish candle. Others: SMA's
I will be looking forward to going Long at the red highlighted zone. Yes although the factories now are temporarily closed, it is expected that they will start with their operation in the next 2 to 3 weeks after the Quarantine period. My criteria to go Long when it reached the Zone: 1) Dtosch/Stoch Crossing up 2) Low bearish volume with small CandleS / High...
We are in the current horrifying pandemic which puts most businesses at an unhealthy level. Most commercial projects are not moving especially in Construction Industries. Most traders are worrying that their investment in Bursa Malaysia will lead them to losses or maybe book yourself a seat to dive straight to the ocean. Through my analysis, I don't see it as...
I would consider to go for long at these 2 spots. My number one priority to enter a position is when the stoch indicator in the bigger time frame (Daily >) start to cross up.
My analysis,trading and entry is based on daytrading ONLY. I dont swing. My target TP would be around 1.160 and the position should be fill at least by monday morning. Good luck!
On Monday, I will be looking to go long for this pair. Once the STOCH momentum turn to Bullish reversal, I will enter my position and exit at the next 50% retracement. Good luck!
My analysis are based on technical and fundamental. It is common that the market will be "shaky" at the end of the year. We are looking for a recovery in about 35 to 40 days starting from today, and finger cross it will bounce from the first blue zone. Looking at the fundamental analysis, all 3 Quarters for 2019 showing a positive revenue and an increase of EPS...
These 3 "Blue Zones" are which I believe and upon my analysis that the price will bounce and continue to go up and hit our targeted TP which you can refer to my previous daily and weekly XAUUSD analysis. I will add more position in the blue zones when all confluence matches together including the momentum in the indicators. Good Luck!