simple analysis: bullish target zone from pullback fib extensionmedium term target zone: 9.6~9.8
long term target zone : 10.8~11.0
Target zones are confluent with existing SR zones (yellow)
Be patient to wait for another pullback to confluence of:
i) current support zone (green) ; &
ii) 21ema
before considering a long play.
Malaysiastockmarket
TR 331. PPHB Weekly starting to make an uptrend EMA 10 > EMA 30 > EMA 200. Now in Wave 4 and expected to make the reversal on 0.5 Fibo level. Seems like forming cup and handle pattern.
2. Reversal pattern formed at D1 (engulfing), price action slightly above EMA 200.
3. Isaham revenue and profit in uptrend, trailing PE 6.3, WAFV RM1.94.
Predicting price for rebound --- fib extension from pullbackLIKELY SCENARIO
-- Price rebound from bearish price target @ 0.59~0.60
-- derived from 150%~161.8% fib of MINOR pullback during drop
-- Bearish price target confluent with MAJOR pullback during drop @ 0.59->0.71
LESS LIKELY SCENARIO
-- Price rebound from bearish price target @ 0.52~0.54
-- derived from 150%~161.8% fib of MAJOR pullback during drop
TR 321. Homeriz weekly starting to make an uptrend EMA 10 > EMA 30 > EMA 200. Now in Wave 4 and expected to make the reversal on 0.382 Fibo level (Wave 2 at 0.618).
2. Reversal pattern formed at H4 (hammer then break with bullish bar), price action slightly below EMA 200.
3. Isaham revenue and profit in uptrend, trailing PE 11, WAFV RM0.905
TR 311. Krono weekly start to make an uptrend with the downtrendline broken and EMA 10 > EMA 30 > EMA 200. Now in Wave 4.
2. Reversal candle formed (hammer then bullish candle) at 0.5 Fibonacci level. Also RBS. Previous reversal on Wave 2 is also at 0.5 level.
3. Isaham Revenue and profit indicator in an uptrend, PE 0, WAFV 0.
FCPO TRADING : 272) uptrend persists
this is haidojo and the number is 272 ...
after hanging in tight range for a few days, fcpo-may has stricken again!
the market has gripped the uptrend flight again and now we can see the bull is dancing towards an uptrend staircase...
what is interesting though is now we have past the previous high which was formed in early Jan this year, ranging frm 3830-3880...
again, we have entered into the territory which was only appeared some 10 years ago...! Yes, the price which only showed up in 2011...
now, this time it is unsure whether fcpo will shoot all the way up to challenge those level again...or subdue to the selling pressure...
we anticipate the price to retest the level of 3890 - 3967...(You can look back in Jan 7th 2021 episode in the link below)
however, something to take note is...fcpo-may is going to end soon...it will expire in a few more days...until next Tuesday, on 16th March 2021, then the new fcpo-June will emerge...whether fcpo-june will continue this bullish sentiment or sudden reverse to the bearish call is still too early to say...let's see what is expecting us next week...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3830-3880 (resistant-turn-support)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
Money Making Stocks during Market Correction While the market was having sharp reaction and lots of technology stocks were beaten down badly, these 4 stocks outperform the market and show leadership.
Let's analyze the price structure together with volume spread analysis (Wyckoff concept) on these 4 stocks MYX:AEON , MYX:ANNJOO , MYX:HIBISCS and MYX:MYEG with potential low risk entries at the key levels.
GCB (5102) BURSA MALAYSIA 3/3/21The study is based upon Volume Price Spread Analysis and M omentum
Major Trend-line breached.
Close: 3.02
EP: 3.08-2.96
Sl: 2.65
TP:3.29/Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
KPJ (5878) BURSA MALAYSIA 3/3/2021The study is based upon VPSA meaning Volume Price Spread Analysis and Momentum
After almost 3 months sudden interest is shown.
Close: 1.05
EP: 1.07-1.02
SL:0.92
TP: 1.15/1.30
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
FCPO TRADING : 268) 2 updates
long story short---2 updates...
1) bearish cypher pattern becomes invalid as the X leg is violated...
2) the resistance level of 3720 has been breached...so long on retracement now...bull is back
*plan your trade and trade your plan... gud luck*
resistance : 3830-3880---previous high
support : 3720 resistance-turn-support
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
Trend Rider 291. Weekly in uptrend EMA 10 > EMA 30 > EMA 200. Already start to make Wave 5.
2. In 4H smaller Wave 3 is expected after reversal at 0.5 Fibonacci level (SL to put lower than 0.382 to be safe). Bullish candle broke the small candles.
3. Isaham score 11.2 PE 9.2 WAFV RM2.39, i3 ATP RM1.98.
Trend Rider 281. In weekly chart about to start an uptrend with EMA 10 > EMA 30 and just broke EMA 200 and the downtrendline.
2. In daily, seems like its about to make Wave 5, where strong reversal candle (bullish engulfing) formed at 0.382 (Wave 2 at 0.618). Price action above EMA 200.
3. Isaham rating 5.7 PE15.4 WAFV RM1.56 (profit indicator declining revenue increasing), i3 ATP RM1.38.
4. From TRD20 screener.
FCPO TRADING : 267) huge bearish cypher patternJuz as I thought the fcpo-may is going to go down, it went up straight away and ...still haven't proved me wrong...
don't get this on the wrong side...this is not emotional, I am not trying to save my sorry arse...as long as the price didn't pass the previous high at 3720, we still don't know whether this is still a bearish call or a bullish call...however, if price breaks higher than 3720 and close abv it, then the trend has reversed...that's all I can say...
as for my latest discovery, the price might form a bearish cypher pattern, and advanced pattern appears frm fixed ratio out of fibonaci...
entry at 3670...market closed at this price, SL abv 3720, 1st tp at 3600, 2nd tp at 3540...
personally, I don't trade this one as the SL is too big for my account size...more than 50pts...not gud...
2 levels to watch, if price breaks abv 3720---then turn to long...if price breaks below 3460, then turn to short...
if it bounds somewhr in between, then consider advanced patterns/patterns...or other sideway strategy...
if u don't trade sideway/consolidation, then juz stay away...
PS : again, dun try to trade every possible trade and think u can outsmart the market, it juz won't work that way...
I am thinking to name this one as "shit does happen" but I double-check my analyst last friday and really found no problem with that, EXCEPT
that I left out the part of naming a possible rebound can reach as high as 3720...the previous high itself...
for those who think that if I said the market is going to go down last week, then this week the market rebounds, then it is my fault, I got nothing to say...EXCEPT that I don't have magical wand or crystal ball...if you happen to know a strategy which works 100% all the time (even though I don't buy it), pliz share with me, I would want to know too...
*plan your trade and trade your plan... gud luck*
resistance : 3720 (abv this is bullish)
support : 3600
lower critical support : 3460 (below this is bearish)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
TARGET FOR LONG *AIRASIA* TARGET AREA RM0.90 TO RM1 PER UNIThere we already see a reversal.
and already create a QM best structure for buy..
and we saw a FAKE OUT that possibility for the price to break thru the price..
The yellow box is the best area zone for a price do a rejection..
there are a few confirmations that made me confident with buy setup
1. The structure has shown a reversal in minor
2. Vaccine gonna be released on 24th January will support the technical analysis.
3. MA 50 + 200 currently below the price show a reversal
4. Price has breakout previous strong Support and now doing a retest.
Trend Rider 271. Weekly starting to make an uptrend. EMA 10 > EMA 30 but below EMA 200. Also starting to make Wave 3.
2. H4, price broke the downtrend line and retrace to 0.5 Fibonacci level also RBS. Doji formed and followed by a strong bullish candle potentially to form Wave 3.
3. Isaham rating 11.4 PE 21.9 WAFV RM0.99, i3 ATP RM1.01.
Trend Rider 261. Weekly in uptrend, EMA10 > EMA30 > EMA200. In Wave 4 with a reversal expected to be at 0.618 level also a SBR.
2. In daily hammer was formed and followed with bullish candle. Have not move yet but crawls lower thus may be a good time to start collecting. Price action above EMA 200.
3. Isaham rating 9.9 WAFV RM2.84 PE 10.1, i3 ATP 1.44.
Trend Rider 251. Weekly in uptrend, EMA10 > EMA30 > EMA200. In wave 4 and starting to make Wave 5 with reversal at 0.618 fibo level.
2. H4 is making short Wave 2 with a reversal at 0.618 level which is also strong support previously. Price action above EMA 200.
3. Isaham score 10.7 WAFV RM2.07, i3 ATP RM2.01.
Trend Rider 241. Weekly uptrend EMA10> EMA30> EMA200. Expected the correction wave has been completed with a new uptrend coming after 50% correction.
2. H4, price broke the downtrendline, retraced at 0.618 Fibo level with a reversal signal (hammer then bullish candle).
3. Isaham rating 12.5 WAFV RM1.03, I3 ATP RM0.46
FKLI TRADING : 266) false breakout to the upsideafter getting "stuck" at 1615 for 2 days, fkli-feb turned to the downside, and now we are at a crossroad...1575...
if the price rebound frm here, then we might see a sideway movement or continuation of uptrend...but further below this
then the price creates a new structure low and will continue further down...
bcox the daily chart is still in downtrend, therefore I am of the opinion that the price will move further down...
*plan your trade and trade your plan... gud luck*
resistance : 1615
support : 1575
lower support : 1545
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
Feb18: FKLI (1D) - Sideways-Down to 157x,3x Support 🐻📉FKLI Index price consolidated past 1-2weeks, between 157x-160x range. Bears in control following multiple fail test of 1600 crucial Resistance mark.
Staying below Major R: 159x-161x will see bear attempt to push price back to range low 155x-7x or to lower S1 area.
🔔Underlying Support: 155x-7x ; 153x ; 150x
❇️❇️Q1 Outlook: Attempt to breakdown to Major S1... (check out post link below)
FCPO TRADING : 264) new structure high new fcpo-may has arrived...
see if the region of 3500-3540 will hold or not...if it holds, then most probably continues higher...
if that region of support doesn't hold, then reversal might happen...
in the midterm, fcpo is still in uptrend...
that is the brief tdy...
*plan your trade and trade your plan... gud luck*
resistance : 3700-3722
support : 3500-3540
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
FKLI TRADING : 262) more advanced patternsthis is trade 262 frm haidojo trading...
due to the recent sideway market, yesterday I spotted another advanced pattern. A better risk reward and bullish bat pattern...
entry is at the support level--1560, SL below 1554, 1st tp 1570-75, 2nd tp 1586...but I am not so keen on the second tp on this one...
sideway market is not suitable for holding position-sizing, and multiple tp...so it is a quick entry and quick exit strategy...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*