Akuvox88

Akuvox88

Double top formation. The pattern is complete when price has break the neckline.

Akuvox88

Gold shows a bearish momentum however currently gold traded above and near uptrend trendline. If gold success break below trendline, gold will continue to drop and the support zone is at range 1241-1237. Gold currently traded below kumo cloud and tenkan sen is below kijun sen line. This shows the bearish signal for gold. Chikou span is currently below the price...

Akuvox88

INARI Amerton currently traded above kumo cloud which indicates a bullish sign. Tenkan sen above Kijun sen also indicates a bullish sign. Chikou span is above kumo cloud which give an indication for a bullish momentum. Resistance for INARI is RM 2.53 while the support is RM 2.3 and RM 2.

Akuvox88

KLCI might do a further correction since the breakout of the previous support at 1791 point. The next support zone is 1756 point . Overall, KLCI still in the uptrend bias. However, 1756 might be a turning point for bearish momentum. The other support zone is at 1707 point. 24 April 2018 post

Akuvox88

Overall, Brent oil still in the bullish momentum since prices is above kumo-cloud. However, price had crossover both tenkan-sen and kijun-sen line. but, there still no dead cross from kijun-sen and tenkan-sen. Chikou-span is above price but it pointing downwards. Brent oil might do some correction. The support zone is at the price range between 70.80-72.5....

Akuvox88

Tenkan-Sen (Blue line) had crossover Kijun-Sen (Red Line) and move below Kijun-Sen (Dead Cross) indicate a selling signal. Price is below kumo-cloud indicates stocks in bearish momentum. Chikou-span (green line) tried once to break kumo-cloud but failed. It giving an indication the bearish momentum is strong. The support line for Power Root berhad ia at line RM...