Stock Pick - Power Root (7237)Power Root may soon test the RM2.24 resistance level. With an RSI above 50%, a bullish bias may be present above this mark with target prices of RM2.40 and RM2.50. Meanwhile, it may continue moving sideways if it fails to cross RM2.24 in the near term. Support is then anticipated at RM2.08, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM2.24
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Klsemarket
KLSE WEAK PERFORMANCEMy previous analysis based on EW was right at the first place when it bounced at the last 'Z' wave during its correction moves. However, after it manages to rose 8% from the previous low in the Z wave, it started to plummet down and now it has made a lower low that passed the previous correction wave. Based on my Monthly chart analysis, what I see was it is still heading to the final correction wave, which it might take 1 to 2 years before the economy recovers.
KLSE harmonic B crapkemungkinan akan mula mendaki untuk memenuhi permintaan CRAP.
(this only for education and imformation purposes, should not be taken as a trading call)
DUFU WEEKLY LONGDUFU longterm uptrend target
I don't care what FUNDAMENTAL tell story
PRICE will tell me about the truth
BURSA FINANCE INDEX SHORTGoing to short until test uptrend line unless price break downtrend line to continue uptrend
