Of all sectors in Bursa Malaysia, only tech sector has breakout from its sideway range, and currently above its MA200 signifying bullish trend. However, it is still below the supply line considering previous two peaks.
EW5 can go as high as the previous peak, but for now, it has to retest and retrace for EW4 completion.
EW5 can go as high as the previous peak, but for now, it has to retest and retrace for EW4 completion.
Note
Tech has been strong after covid19 rebound.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.