KGB - Potential Inversed Head & Should
Updated
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 volume. Looking forward KGB to reach our TP at 1.550
Support & Resistance :
R : 1.550
Remark :
- Length of ab=cd
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
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 volume. Looking forward KGB to reach our TP at 1.550
Support & Resistance :
R : 1.550
Remark :
- Length of ab=cd
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Trade closed: target reached
Disclaimer
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