Elliott Wave Count - Impulsive Phase
Wave (1): Begins from the breakout in mid-2023, this early-stage portrays institutional accumulation.
Wave (2): A sharp corrective retracement—likely a zig-zag—testing the conviction of early entrants.
Wave (3): The strongest and most extended wave, characterized by increased volume and price acceleration (a classic...
There's a formation of cup and handle. The price almost approaches the resistance. Is there any chance, is the price able to maintain above the zone and beyond or any else ? What do you think ?
Currently, for Bursa Malaysia Technology Index, there's a formation of symmetrical triangle. There's a possibility that index will decline or there's a bullish move on the near future. What's your opinions?
