Gold long @ 1626 +/-. 3/Nov/22.Gold’s 1626 is confluence zone of 1) Demand Zone 2) Parallel line support 3) 3 drives Lower trend line support.
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Gold long @ 1635 +/-. 2/Nov/22Gold’s 1635 is confluence zone of 1) lower trendline support of 2 channels 2) Lower limit area of Volume profile.
Bitcoin. Everyone “can’t wait 100k”. Me too. 1/Nov/22Bitcoin. As “value investor” Warren Buffet never encouraged bitcoin investment : a get rich quick /get poor fast scheme probably for most spectacular..
Gold. Possible “false wedge breakout”. 1/Nov/22Gold hit previous ideas stop lost but price seem “squeezing” by forming a reversal “wedge pattern” But there could be 1 more leg down as “wedge pattern” could be a “triangle wave 4 in wave structure “ before trending up to 1690 +/-..So..So gold possible trending up after coming FED rate hike decision on 2 /Nov/22..
SP500 almost complete its “triangle”. 31/Oct/22SPX emini / ES1! Probably complete its expanding triangle pattern @ 4045 +/-..
Topglov. FOMO @ “bottom”? 31/Oct/22.Topglove probably @ its “temporary top” after surging up (38.02%) from last posted ideas. Many traders/investors might feel “the urge” as FOMO ( fear of missing out) “ the boat “..BUT its price might retrace -20.99% to around 0.640 { a confluence zone of 1) Demand Zone 2) lower trendline support of channel 3) Volume Profile’s P.O.C }..while waiting for FED rate decision or after Hartalega next quarter result on 9/Nov.
Gold long @ 1640 +/-. 29/Oct/22Gold probably found base at Demand Zone. Long toward 1707 +/- which is confluence zone of 1)Trendline 2)Supply Zone 3) Volume Profile value Area upper limit
SSE (Shanghai stocks index ) probably “bottomed”. 28/Oct/22SSE ( Shanghai Stocks Exchange ) index probably now as “leading indicators” for world’s economic not US anymore..As its index “crashed / bottomed” much “earlier than US markets like its individuals stocks e.g BABA, Tencent, Xiaomi, NIO etc..
Gold. watch out 1645 +/-. 27/Oct/22 Gold probably forming a running flat pattern in Wave b (green circled) where Price might hold @ around 1645 right before/after today US Advance GDP.
KLCI probably bull out / bear in. 25/Oct/22KLCI future Index aka FKLIi probably resuming its bearish trend anytime soon.
TSM ( Taiwan Semiconductor ) analysis. 21/Oct/22TSM ( Taiwan Semiconductor Manufacturing). The world largest semiconductor foundry. TSM .The Goose ( stock ) that laid the golden eggs for many value investors in Taiwan probably only found its base @ around 41.25
SMH ETF (Global Semiconductor’s trend”..20/Oct/22VanEck ETF which “tracking /invest” on 25 global major semiconductors stocks. Probably found its “base” @ around 148.90 - P/s. Probably the “next recession” might be caused by “geopolitical tensions” cause by 2 big brothers..A kinds of “wars e.g chips war, trade war, or “actual war”....” Probably an “Imposed /sanctioned by” a “freedom democracy/free trade” country toward “a so called not a democracy country”..
Alibaba probably near “bottom”. 19/Oct/22As Alibaba previous long term impulsive move was a “leading diagonal” pattern. So there is high “possibility” that its stock price “might hold” above 57.20..
SP500’s GoodNews! probably forming expanding triangle.18/Oct/22.Not just ES1 having “Good News!!!”. We probably having an “expanding triangle” here. Where triangle pattern only “appeared” on either wave b or @ “last pullback” of trend which is wave 4 ( yellow here). So..so..probably the “small crashes” since yearly 2022 might be end soon..( probably - 23.08% first).
BITCOIN. Why chart pattern work?! (Not all) 18/Oct/22.Bitcoin. Why “chart pattern” works? Or we may asked why “pattern” exist.? As market are “mass participation” with “repeating “ of “fear/greed” emotions.. Anything “repeating in rhythm” there will be a “patterns”. .To “verify” whether any “pattern” will “work” in future in charts. Traders need to use their own “tools” to find is there any “underlying/energy/force”. A valid “z=speed” factor on the “terminus” of connected 2 “vectors”. E.g . The gravity force which made all planet “round shape” “pattern”.. P/s without “speeds=z” factor to “achieve “ “disequilibrium” in market. The price=x factors will be horizontally flat alongside with y-axis.
BJCORP possible forming cup’s bottom. 13/Oct/22.BJCORP with “new young talents/ directors / restructuring” after a “big rally” on 2021, possible forming a consolidated “base” which is a “cup/spoon” pattern for few years..
KLCI possible “bottom” @ around 1320 by end 2022. 13/Oct/22FMBKLCI’s “seem” like forming a triangle pattern in supercycle wave (b) (yellow). Price seem like contracting before “exploring” to upside “ONLY” after 2027..P/s.. it seem like most Index. E.g US, Asian point to year 2025, 2035..
Gold. Probably “done” wave A (yellow) of triangle. 12/Oct/22Gold possible completed wave A ( yellow) of triangle in wave (4) (Cyan). Price now at subwave b ( green circled) of wave B ( yellow) of triangle where price could reach @ around 1615.
Tenaga. How “low” it could “go”? 11/Oct/22Tenaga. “Monopolized” electricity ..its price probably may only found its “base” at within RM7.250 ( Demand Zone + lower channel of pitchfork ) and RM 6.839 ( POC of volume Profile)..
SP500. The worst (>-70%) is yet to come by 2025. 11/Oct/22..SP500 probably will break ATH ( All Time high again ) by 2025 as we’re probably @ the sub wave B ( Red Circled) of the second leg of expanding flat pattern abc (green) which is wave b (green)..Based on the “pattern + cycle”..There is a “possibility” that SP500 will crash more than 70% toward around 2000 level. By end of 2024/ early 2025! So..”Prepare for the worst!”..
SPX elliottwave updated 9/Oct/22SPX probably still moving up to wave c ( cyan ) of triangle pattern in wave (iv)(Red)..
YTLPOWER. Slow and steady? 8/Oct/22YTLPOWER. A energy’s related stock which give Average dividend of 6% for past few years. Price possible found its long term “base” with monthly hammer candlestick / pin bar pattern on major support a double bottom pattern
