FBMKLCI, after going through many years of index formation into the expanding diagonal pattern the index is highly likely forming into the wave 1 of Elliott wave count. Market is expected going to be super super bullish as it is now in wave 3 of wave (3) phase. Stay Bullish.
UWC, a beautiful stock, has good rallies after sharp correction of pandemic outbreak happened in first quarter of 2020. The stock prices movement are likely moving within ending diagonal pattern to eventually ends its wave 3 at ballpark value of 7.95. Once wave 3 is done, will expect a sideway consolidation correction. Suggest to take profits. Happy trading!
XAUUSD immediate term is expected to move uptrend after completed its minor wave degree of triple three W-X-Y-X-Z correction. Any good pull back provides good opportunities to enter the long positions. Happy trading!
Krono, potentially is going to rally soon once the price breaks above 0.655. Prepare to long. Good luck traders!
Based on wave analysis, SERBADK is potentially soon continue with its uptrend impulse waves. Time to LONG. Good luck traders!
Inari, running within the uptrend channel, will continue to make its move in the uptrend mode. Its recent price is moving within small ascending triangle pattern, and might hit 2.55 follows by moving towards the target of 3.15. The ultimate goal is to move to target around 3.9 before it ends this rally for bigger correction. All possible price movement...
DUFU in its recent movement, is moving in sideway consolidation and likely to form into symmetrical triangle pattern. Based on Elliott wave count, the consolidation is likely to over soon. Once complete the formation, price will likely to further retrace to hit target at ballpark value of RM2.53. Stay aside from Dufu!
Penta, a bullish stock has recovered with good rally up from its sharp correction happened in first quarter 2020 then. Penta has hit a point with its completion of 5 waves up and has already entered in consolidation phase. It is predicted that Penta will move sideway in the range of 4.05~5.6 ballpark ranges. Once the consolidation phase is over, Penta will...
S&P500 futures has good rallies since end March 2020 after sharp correction with global pandemic outbreak. The futures as shown in the chart shows the values are nicely run up within uptrend channel. Based on Elliott wave count, S&P500 have already completed its wave (3) formation and it is in the process of forming into wave (4) (refer to the chart). It is...
NVDA as per analysis shows it will intensify the downtrend movement of impulse wave as part of wave C correction to a ballpark value of $385. Time to short the stock. Happy trading!
Nasdaq 100 futures short term prediction is it will likely retest its high point before retrace for further consolidation. It is predicted the Nasdaq 100 futures will form into the ascending triangle pattern though it is premature to conclude at this point. Happy trading!
AMD has been moving in sideway consolidation, with current price move within the expanding diagonal pattern, may possibly hit $89.87 to complete its wave B before further retrace for further consolidation. To all trader, let's trade with passion.
Greatech has great run this year. Stock is moving uptrend within beautiful uptrend channel line. However, despite good earning just released today, the price will move sideway in consolidation mode between RM8~RM9.3 before to continue its trend. Based on Elliott wave study, the price is in wave iv and consolidation is not over yet. Happy trading!
AIRASIA, one of the budget airlines, is hit by global pandemic as any other airline industries. However, AIRASIA is believed has found its bottom base as the price hits its multiple years of strong support level of around RM0.5, which occur over the years on 2008, 2015 and 2020.. From this base, AIRASIA stock has indeed shown strong reversal impulse uptrend...
USO, one of O&G sector ETF, has built its wave 1-2 base. Based on the chart, the ETF is ready to ride on its wave 3 uptrend movements. The price target is to hit around USD$48 - a resistance level which occur back in April 3rd 2020. Happy trading, and Let's Trae With Passion!
General market sentiment is bearish towards glove stocks. While it is true there is no momentum on glove stocks recently, Carepls chart has not shown clear sign of bearishness of downward trend yet based on past 3.5 months period. There are no lower high and lower low trends on Carepls price chart yet. To be more specific, Carepls prices are moving in sideway and...
Looking at the LRCX chart, the overall price is moving within the uptrend channel. On big picture, LRCX is still bullish. However, LRCX is predicted to begin price consolidation soon. This prediction is based on Elliott wave counts where LRCX has almost completed its small degree wave (3) movements (refer to the chart). Therefore, the wave (4) consolidation will...
MSFT chart shows the stock is moving sideway in consolidation mode. The small timeframe also appears to show that MSFT is going through complex consolidation wave structures with no clear trending of impulse signal yet. Based on wave counts, MSFT might move in short term upward direction to complete its small degree wave B (or small degree wave 2) before reverse...