SECTOR ROTATION 2024: CONSUMER NEXT???I try so hard, and get so far~~~
Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR
CONSUMER trade ideas
KLSE Consumer Index - Strong Evidence to continue Phase E ?Consumer Index shown possible continue towards Phase E based on Wyckoff Event and Phases.
Supported with recent good catalyst from regional economic data, potential Phase D will continue momentum and change direction upwards for Phase E.
Weekly Index Review: ConsumerConsumer sector, start flying after arrival of vaccine. The faster recovery sectors compare to properties and construction.
Lets match to 642 resistance price now.
#JeremyTrendingStock
Weekly Index Review: ConsumerBreaking up the resistant again. Good sign for those recovery thematic sector.
Weekly Index Review: ConsumerConsumer sector index, could that be another lower low and lower high is forming? For me is not looking positive to this sector at this moment.
Weekly Index Review: ConsumerContinue lower low. Important support 581 cannot fail. Anyhow, it is not looking good at this stage.
SMCAP (Consumer) - 4h updateNote
- comparing all chart from second chart to monthly chart, it show positive price action.
- volume are impulsive increase.
- no shortfall below 0.0%
Weekly Index Review: ConsumerNext week the price must continue to bull or else it will form a lower low and lower high which is a bad sign.
Weekly Index Review: ConsumerDouble top pattern formed. Fall off the support line. Not looking good if next week cannot stand back this line.
Weekly Index Review: ConsumerA bit weaker than construction but as long as above support line is healthy.
Weekly Index Review: ConsumerHammer bar formed. No a good symptom especially for new entry next week.
Consumer index, standing above the resistance line. If this support line can hold till next year, expecting the bullish can continue for another 1-2 months.
Consumer index, continue bullish after BOContinue bullish after BO. Could that be the year end sales catalyst?
