Tesla possible “bottom” with Head & shoulder. 10/June/22Tesla / TSLA possible found its “yearly” bottom with “head and shoulder “ pattern.. “Look” like A “ u turn” not “V turn” near demand Zone..
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Topglov “hit” 3 times “stop lost”! 27/May/22..Gosh! Topglove have hit 3 times stop lost from previous 3 ideas.. I just “found” but “not expected”. 4 valid “points” (as remark 1p to 4p in chart)..to keep my long positions.. Maybe..maybe Rm1.35 (again ) will be “bottom “ for many few years ahead..
Bitcoin watch out 26500. Updated 27/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
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Gold watch out 1815. Gold CFD & future different. 27/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
SNAP elliotwave updated 26/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
Cypark. It’s not easy to catch “a falling knife”..26/May/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Disclaimer
USDMYR toward 6.25?! By 2029/2020?.. 22/May/22Do you think US dollar could “convert to” around Rm6.25 by 2029-2030 ?.. Sound “good” or “bad”?...But RM might “getting strong” for time being till around Rm4.035
Gold’s Major trendline + 1800 broken! What next? 14/May/22Gold have been heavily “smashed down/ manipulated “ by XxD, what is the next possible stop to build “base” after 1800 and major trend line ( cyan / light blue dotted line ) was broken? From this chart 1790 possible is the zone to build “base” considered where 1790 is the confluence zone of 1) VWAP (thick yellow curve line) and 2) Volume lme Profile P.O.C ( Red thick horizontal line )..
Topglov reached 1.48! Either death or glory! 13/May/22Topglov price have reached Rm1.48 a “ border” of “ 4 = Death ( in Chinese ) or 8 = Glory ( in Chinese )..A possible 3 “touch & go “ or 3 drive pattern or wedge pattern’s lower trend line.
NIO or TSLA chose one? Or both? 12/May/22NIO. A major E.V ( Electric Vehicle ) player in China. Its price structure probably found its “base” @ around 9.38 after filling up the previous “price gap”..
Tesla long @ ≈ 550. Potential of 660% growth. 12/May/22Tesla is still forming a running flat (A)(B)(C)( cyan / light blue) in wave 4 ( Red Circled).. Current “pullback “ is an expanding ending diagonal ( some traders views it as triangle) ..1,2,3,4,5 ( yellow) in wave (B) ( cyan / light blue )..”Downtrend” May found its “base” @ around 550 before “rallying “ to > 1243.49 ( target around 4180 )..
Gold probably found its multi months base @ 1831.86. 12/May/22Gold checking from its lower time frame price structure, most likely it has reached wave 4 (yellow) @ 1831.86 not 1820.. Just 1 day before the Core CPI (consumer price index)..news release....
Tenaga still waiting @ 8.50-8.30. 11/May/22Tenaga price still waiting to complete building its long term “base” at around RM8.50 RM8.30 where is the “multi” confluence zone for price landing to build a “concrete base”..
Pohkong “flying” with or without Gold? 11/May/22Gold as a main trading instrument for “hedging” inflation doesn’t seem its “shining” probably the The trump “cash is king/US $ “ “after affect” still “dominating” after 2 years..What “make up stories /fundamentals news“ “can buy” this time that could make gold soaring high again?!
Gold indeed completed its triangle (highlighted). 11/May/22Gold have completed its “hidden” “contracting triangle pattern” as yellow highlighted Zone one wave (iv)(Red).. “The final destination “ for the gold pullback probably would be around 1820 which is also yearly pivot ( a yearly major polarity/territory for bull/bear battle field..
Bitcoin. Reached 33000..Where to long? 10/May/22Bitcoin have reached 33000 as previous ideas. But downward “price structure “ doesn’t seem stalled at the moment.. Probably the “lower base” could be “built “ ONLY at around 28000 which is @ lower range of major demand Zone..
Harta. fundamentalist should learn how to read chart. 10/May/22Harta. Just posted a “quarterly earning in lost” for the 1st time in “history”! since it was listed. So...so..Sell the “news”? Or buy the “rumors”?..Most Traders/ Investors Trade based on “news”.. if they can’t read one. They “create” their own ..falling into “own illusion “ just try to “ convince “ themselves to buy certain equity with their own “bias”...We’re not the boss or the directors of the listed company..Whatever “balance sheet” presented is sometime/somehow is for xxxx only....chart reflected the “hidden agenda”.. News is just “the timing”....Doesn’t matter is good/bad fundamentals news...
Gold short term updated. Long toward 1900. 9/May/22Gold possible still in ranging , Price possible retrace bCk to 1900 for last leg of triangle for wave e (cyan/light blue)..
PBBank long @ around Rm4.20. 9/May/22.Public Bank possible having a pullback toward wave e (green circled) of a triangle in wave 4 (yellow) where’s price could stalled at around Rm4.20. Target profit would be around Rm10..
KLCI down to wave E of (Red circled) triangle. 9/May/22.KLCI Index seem like still on its last leg to complete wave E ( Red Circled ) of a triangle /diamond pattern..Where price could reach at around 1490
Topglove broke 1.65! Do traders contribute to society? 6/May/22Market Irrationality?! Topglove a cash rich / YOY earning profit stocks Price have broken Rm1.65 previous low! From Rm8.48.. that more than -80%!!! What next?! Look like the next level to build “a base” would be around Rm1.38...So.. what a role could be played be a traders now to based on “supply and demand” “helping” Topglove to have a “fair price”??? People make living in all kinds.. Some are good in talking, some are slow in talking but go deep into detail / analysis..But Society normally praise high those good talker..I have met an uncle who is able to sell a sea dog’s penis ( a myth as a sex boosters) for $1000, with the cost of only $5..Society especially eastern Society Regard Traders as “speculators” dealing with not “touching ground” “tangible assets”..Unlike western society most respect traders as highly sought professional.. ...Conclusion ( from net)..
Stock traders improve liquidity in the market by ensuring a fair price for buyers and sellers. This leads to fairer markets where the company shares rise according to the principles of demand and supply.
Liquidity in the market invests investment that adds value to the economic growth in society. The stock traders play an indirect role in the circulation of wealth in the social hierarchies essential for efficiency.
Gold possible more “shake out” from roller coaster. 6/May/22Gold possible forming a triangle as highlighted zone in wave (iv)(Red).. Where price could retrace back to 1900 zone.. Weak/ over leveraged traders might be “shaking out” by “the bungee jump “ again...
Kossan. Glove back to pre-covid growth. 5/May/22.Kossan latest report announced that : gloves ASP ( average selling price ) have been normalizing as the industry transitions to pre-pandemic levels.. AND..and they intend to expand its capacity by building new plants..As below of the chart. Kossan EPS ( earning per share also “normalized” back to pre-covid level but still “higher than previous all years before 2020.....” .As stock price always reflect prior to “fundamentals news” ..what do you think.????
