sideway move after a few days of strong upside -fkli july-for those who have followed me for the last 2 episodes of fkli predictions, I hope you guys have made some profit..If you haven't dun wori, the market is alwaz thr...A BIGGER question is " Are you ready?" ...as the saying goes, "opportunities await for those who are well-prepared"...
-after witnessing a strong rally uptrend which started last week, finally we see some softening down today...it could be juz a "knee-jerk" reaction of the traders taking profits after some time, or a real reversal has happened...anyhow, reversal is too early to say...
current resistance : same as the peak on 9-11th June 2020, 1580-1587...
lower support : 1540
strong support : 1480 -1500
if you haven't read my last 2 episodes of fkli, pliz check the links below ...
gud luck and gud trading folks...
Fkli
D&O green tech - top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
D&O green tech has been in uptrend movement since 2012-2018...after reaching peak at RM1.00 in Oct 2018, it has been trading sideway with a lower-high formed at RM0.92, in early Jan 2020 this year...during “The Big Fall” in mid March this year, the strong support at RM0.49 still holds...the rebound come back to RM0.78... a possible bullish cypher pattern formation but need to hit RM0.865 as the C leg and moving back to kill zone ranging frm RM0.525 -0.565...again, it is too early to say...
current support : RM0.70-0.78
lower support : RM0.49-0.56
strong support : RM0.43-0.49
resistance : RM0.92-1.00
in overall, D&O is still trading in a sideway consolidation...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
STOCK TRADING :11)Kpower- top 20 jewel series of Malaysia stock THIS IS TRADE 99) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kpower has been in uptrend ever since Apr 2019…it is trying to retest the previous high at RM3.00-3.10…Since the “Great Fall” in mid-March this year, kpower has since gained more than 300% frm the bottom RM0.90…!
a breakout frm current RM3.00-3.10 resistance might trigger a new round of uptrend
current support : RM2.50
lower support : RM1.88
resistance : RM3.00-3.30 new high
Overall, kpower is still in tandem with its uptrend momentum…the only worry is that if it fails to make new structure high in price, then it will form a triple tops at range of RM3.00-3.00 thus the making it a high risk of reversal…
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 98) continuation of trade 93this is an update of the previous deep bullish gartley pattern...haidojo here, this is trade 98)...
current support right at 1587...it might hit D leg completion later ranging frm 1567-1560...let's see how it goes...
IF you dun trade advanced pattern, stay away...this is a counter-trend trade...and the 1st tp is 1587,
SL can be made a few points below 1560...
for more info, pliz look at trade 93...I will put it down in the link below...gud luck and gud trading...
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 97) BULL TRAP = FALSE BREAKOUTHI, this is haidojo trading in trade 97)...juz little update connecting the mid-day...as long as the support level at 2625 is not broken, uptrend persists...but what had happened early in the morning was something typical, yeah...it is called a false breakout...if you trade breakout, then this is somethg u shall pay attention to, if not, juz remember losing is part of the games..."market has the tendency to do whatever it wants, whenever it wants"...we as a trader can onli pick up the time when we have some edge over the market...that's all...
overhead resistance : 2690-2700 (psychological number)
higher resistance : 2760...
support : 2625-2630...
lower support : 2560
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
July22 - FKLI (1H) - Quick Update: Weakness towards 154x-6xcontinual weakness as price failed to stand above 1600 mark 3times in a row in July.
Shall 158x fails to hold, we may see weakness towards 154x-6x support zone.
Meanwhile, mid-term ABC correction still in progress... ;)
Happy Hunting! 🏹🎯
-jk-
STOCK TRADING : 10) kotra industries- 20 jewels malaysia stocksTHIS IS TRADE 95) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kotra industries has been in uptrend ever since 2012…so now it is still in uptrend and the trend is not broken yet…
recent move, kontra has shown a “sharp knife” top and now is under consolidation…might retest as low as RM2.45-2.20…the green region…
a breakout frm current RM2.80 resistance might trigger a new round of uptrend
current support : RM2.66
lower support : RM2.20-2.43
resistance : RM3.00-3.30 new high
Overall, kontra industries is still in tandem with its uptrend momentum…thr is no signal indicating the otherwise….so definitely worth looking at ….
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 94) POSSIBLE FORMATION OF "HEAD"
hi, this is trade 94) frm haidojo trading...ok, this is not the common head in "head-and-shoulder" pattern...but it is the "head" in a trend...
at least temporary reversal of trend...but in order to confirm a reversal, it has to form some kinda gap down...or hovering in tight range for at least another day...another thing is, 2 things happened today...1) the resistance 2691 is hit today (yes, look at the pinbar)
2) support region, 2626-2630 is tested today...
in order to reverse the bearish sign, the resistance 2690 has to be broken to confirm the continuation of uptrend...
higher resistance : 2690-2700
current support : 2625-2630...
lower support : 2565-2575
critical support : 2517 -2520
market might have come to a resistance level and likely to have reversed...
PS : I forget to put in the chart, thr is a bearish divergence in the chart...sori...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
top 20 jewel series of malaysia stocks : AME elite consortiumtop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
AME is newly listed in 2019, not quite much movement yet...basically, it is in sideway trend...now it has come to a critical level at RM1.70 support level and has been hanging there since May...lingering abt 1-2months...if the support level holds, then it shall retest the previous high at RM1.90-2.00."The Big Fall" in mid March this yr sent it to the new low at psychological level at RM1.00...
current support : RM1.70
lower support : RM1.30
strong support : RM1.00
resistance : RM 1.90-2.00
waiting to see if the current support RM1.70 actually holds or not...risk-takers can buy little bit here...and set SL abt RM0.10 below it...
risking RM0.10 to gain a possible RM0.20-0.30 seems to be a gud risk reward...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
top 20 jewel series : advance conthis is given by local bank, a top 20 jewels...
fundamental : I don't know...
technical : let's look at some price action...
still in tight range trading after "The Big Fall" in mid March this yr...
support : RM0.255
resistance : RM 0.455
waiting for a a=breakout abv the previous high to confirm further uptrend...
now either wait for fall back to the strong support at Rm0.255 or any reaction to retest the high
this is juz a trading idea...trade at your own risk
plz like and share...
a higher chance of long position fkli julyas you can see, the purple line indicates an uptrend going on...
current support : 1540
1st tp 1560
2nd tp 1580-84
SL : somewhere around 5-10pts below the support level of 1540...depends on ur account size...
**this is juz a trading idea, dun trade it if it is not part of your plan...trade at your own risk
if you like this content, pliz like and share...leave a comment is fine too...
trading a possible formation of "head-and-shoulder" patternthis is a fcpo trading
we can actually use the structure formation to involve in our trading...for this example, we can use the formation of the right shoulder as a structure level to short the market...the neckline is possible to be formed at 2300, the psychological and strong support level...a breakout of this level will mark a turn to the downside...
resistance : 2367-2400
support level : 2300
this is juz a trading idea, trade at your own risk...
pliz like and share...
a possible reversal signal _ formation of "lone island" today we saw a formation of a classic reversal pattern which is called "lone island" in both hourly and daily charts...this could mark the end of the recent uptrend and reverses to downtrend...
current support : 2400
lower support : 2300
resistance : 2420
FKLI TRADING : 93) deep bullish gartley patternhi, everyone...this is trade 93) frm haidojo trading...a possible formation of a deep, bullish gartley pattern in hourly chart, fkli...
"consolidation breeds advanced pattern", so the saying goes...but of course, if you don't trade advanced pattern, or you never even heard of that name, PLIZ...STAY AWAY...a possible leg D completion ranging frm 1667-1660 kill zone...SL can put a few points below 1660...
1st tp 1587, 2nd tp 1600...pretty gud risk reward...
WARNING : this is juz a trading idea...thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING :92) BULLISH CYPHER PATTERN hi, this is haidojo trading in trade no 92)...a possible formation of bullish cypher pattern with leg D completion at 1512-1518...
yeah, I know...it is too early too say...so juz KIV...(Keep In View)
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 91)formation of "head-and-shoulder" patternthis is trade no 91)...haidojo trading here...we are right at the support level now, 1587-1594...
the neckline is range frm 1550-1560, as long as this neckline is not broken, uptrend still persists...However, as lower-high and lower-low are formed, then higher possible that the price is moving downside...
higher resistance level : 1616-1620
immediate resistance : 1608-1610
so now , it is either sideway or reverse...unlesss 1620-previous high is broken, then onli uptrend is confirmed...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 90) one-day of sidewaypay attention to support level : 2625-2630...
resistance level : 2690-2700
watch out for gap down go down scenario, whr a possible reversal signal has been formed...
lower support level : 2580 -2560
fcpo-oct still on uptrend, temporarily no reversal signal yet...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
bracketing the market again...waiting for breakoutfcpo has yet come to a tight range consolidation...as I am a breakout trader, I am anticipating a breakout to either side, upside or downside also will provide some trading opportunity...
current support : 2420
lower support : 2400
current resistance : 2470-2474
lower highs are formed for fkli_junenot looking gud for fkli as more lower-highs are formed in hourly chart...IF the breakout of 1486-1490 happens, we shall see more selling pressure...the gud news is, june is " windows-dressing" month...so probably we will see some uplift during the last few days of the month..
immediate and critical support : 1486-1480
immediate resistance : 1515 - 1520 depends on SMA-200
strategy : short on rebound or wait for breakout of 1486 support...
9) johore tin- top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
technical : let's look at some price action...
johore tin has been trading sideway since 2017...now it is trapped in a possible "head-and-shoulder" pattern with the neckline formation at RM1.38...
current support : RM1.38
lower support : RM1.28
resistance : RM1.62 - 1.76
Overall, johore tin is still in consolidation phase, breakout to either side shall signal us a buy or a sell...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
8) hibiscus - top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
technical : let's look at some price action...
after a huge "head-and-shoulder" pattern, hibiscs has been tru a gap down in mid-March, and a slow, rebound has occurred...
recent move, hibiscs is in asymmetrical triangle pattern, breaking to the upside is RM0.71-0.76 resistance while to the downside, is the RM0.55 support level...
current support : RM0.55
lower support : RM0.40-0.25
resistance : RM0.71-0.76
Overall, hibiscus is still in consolidation phase, breakout to either side shall signal us a buy or a sell...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
this is trade 88)