FKLI Week 23 2024: Pullback to continue.KLCI is expected to continue lower as it remains under pressure at the current level. An attempt to push higher on Friday failed, resulting in a bearish key reversal. A drop to the 1587 level is possible. If this level doesn't hold, the next target would be 1565.
Bursasaham
AAPL awaiting breakout to next supply areaNASDAQ:AAPL consolidating tightly. Awaiting the next breakout to around $195 supply area.
Potentially looking at new highs after that.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
HSSEB displaying a strong bullish trend
1. Price steadily moves within an upward trend framework and consistently bounces back above the MA20, it signifies a robust upward momentum in the price.
2. Relative Strength (RS) indicator portrays a positive trend, indicating that the price has performed better compared to the market index, relatively stronger performance in terms of price movement, suggesting a potential market outperformance.
3. As long as the price remains above MA20, MA50 and support level, the uptrend is expected to persist until there is a clear reversal in the trend.
TOPGLOV: Downtrend continues?Back when MYX:TOPGLOV was trading at RM7.29, I posted and idea of a downtrend forming. People laughed.
After a few more other update posts, it is now trading below the RM1 mark. Expecting prices to tumble further if it manages to break below RM0.81.
Denial does not make the stock rebound. Why not trade what we see instead of what we think?
Bullish Divergence Pattern @ MATRIX1. Bullish divergence pattern detected in RSI
2. OBV also showed bullish divergence pattern
3. Price had broke the pattern resistance with a bit high volume than normal.
4. Price had also retested the previous resistance that had been broke but with low volume.
5. Potential risk ratio is 3:1
6. Price may retested the EMA200 in the future.
Lets see
Ascending Triangle Pattern @ SPFTECH1. Ascending triangle pattern can be seen
2. Looking at past history, price will bounce when hitting at the support of the pattern.
3. No abnormalities in terms of volume, RSI and OBV. Besides, volume becoming lower and lower for 4 days and that showed that the selling pressure is becoming less and less.
4. Risk reward ratio is 2:1
PVA, RSI and OBV on NWP1. Price making lower low
2. If see monthly chart, can see the price is nicely put in a pennant shape
2. Bullish divergence in RSI
3. Bullish divergence in OBV (people are buying)
4. Potential 3:1 reward
Usage of OBV and Divergence1. Example of powerful tools of PVA Analysis.
2. The analysis that can be done are :
a) Price making higher high but not followed by volume
b) An inverted hammer is formed with high volume (shown selling off by market maker)
c) A bearish divergence in RSI
d) A bearish divergence in OVB
3. All of this clearly shown that price is exhausted and a retracement is highly likely.
KLCI On Going To $1206 Price | Bearish Movement | 111022 | It has been an excellent rollercoaster for KLCI Indeks.
We are in the midst of a downturn in pricing when the price of Ringgit will not stand a chance to recover in the next 2 years.
While we are in the midst of dissolution in Malaysia. We do not have any current prime minister running for management.
While this dissolution only makes the settlement in not go in order. While all the companies in Malaysia are still having a downturn in profit.
In order for the index KLCi on going to the trend, I can't see anything on the clear road except bearish.
The CPI index accumulates and all the housing price is on the going rising to make the purchasing powerless.
The breath and health of the current demand is not in favor.
I predict the price of KLCi bearish to $1206.
ANNUM (MALAYSIAN STOCKS) INTRADAYExpected to rebound at 0.40 MYR.
Targeted resistance at 0.50 MYR.
(1) The price inclining while the volumes insisted prior to previous prices. Expected on continuous bearish trend if the price couldn't break the resistance.
(2) Within the current global economy onto further OPR leads to underperformance in markets.
DATAPRP heading to 0.15 and expected to rally upDATAPRP is showing good potential in technical analysis. Based on my Fibonacci, its already entered the reversal zone on the monthly chart and now it is heading to the short-term reversal zone. Normally, the price will form a price action reversal pattern before its rallies. Let's wait and see the result soon.
DNEX DAGANG NEXCHANGE BHD 4456 analysis bursa saham MalaysiaShort term analysis:
Dnex breaks above trendline again after 4-days of pullback from 11-Jan.
Today indicator Banker Chip Pro (MI04) appears Banker Pump (purple bar) indicates possible of continuous bullish trend, but beware of overbought reversal.
It will be a plus sign if indicator Long Short Momentum (MI06) keep in Green bar showing still under bullish trend.
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#trendline #trendanalysis #technicalanalysis #chartpattern #trendpattern #uptrend #shortterm
#supportresistance #technicalindicator #indicator #waveanalysis
Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.
VS VS-WB 6963 stock/equity analysis bursa saham MalaysiaShort term:
Look for short if rebound back to resistance area 0.41
Wait for below 0.28 & buy signal appears!
#bursasaham #malaysiastockmarket #vs #vswb #6963 #bursamalaysia #malaysia #bursa
#trendline #trendanalysis #technicalanalysis #chartpattern #trendpattern #uptrend #shortterm
#supportresistance #technicalindicator #indicator #waveanalysis
Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.