DannyKc

DannyKc

KLSE index now is at all-time high since July 2019, it reached top of the tunnel, can it really break up and head to 1800? With so many uncertainties in political problems and increasing numbers in Covid, EPF cashing out, I'm doubt about it.. I'm expecting a rejection very soon. If you like my work, please hit the like button :)

DannyKc

As shown on the chart, Price action crossed up the long term downtrend resistant line with Volume, Low1 and Low2 formed a Divergence in MACD. 1st TP will be at RM0.45. 2nd TP will be at RM0.535. Cutloss at RM0.27/RM0.28 Profit Loss Ratio = 3 : 1

DannyKc

Bursa previously has retested 2 times at RM 7.8, but failed to break lower. Hence we can take that as a strong supporting zone. And looking at the momentum, selling momentum is changing to buying. Looking forward to retest the previous resistant Rm10.20+ Risk and reward 1.8 : 0.8 And coming QR is promising!

DannyKc

Gold is having a stress test, possible downside 1755 , 1725. We should see a rebound very soon. Can consider to Long at 1755, 1725, partially in :)

DannyKc

JCY has reach a key level supporting zone, failed to break up higher. Stay neutral on this price now. Near-term might rebound high to 0.715, and then stay sideways. Bound range around 0.535 - 0.715.

DannyKc

As we can see on the chart, inno is challenging previous new high. Volume is still missing out. Price might pullback to a higher low around RM1.10 before going for a new high. Only buy in if volume and price moving up together.

DannyKc

We can clearly see a few rounds of testing on resistant level 0.125. Hopefully we can see the price stand strong at 0.11 this round, and volume is coming back. TP 0.18 CL 0.09

DannyKc

Topglove support entry

DannyKc

btcusdt pullback entry

DannyKc

Looking at the chart from 2016 to present, an uptrend tunnel created, and we can clearly find the support resistance. With failing to break up further at the ceiling point 11k, I am looking for a possible further pullback to 9800 and 9000 , if cant support at 9000 , possible to pullback further down to 7200 .

DannyKc

Possible outbreak on Vizione, price reach Uptrend Tunnel bottom strong support at 0.405 Entry price : 0.43 1st TP : 0.5 2nd TP : 0.54 Cut Loss at : 0.4

DannyKc

For next week, we might see KLSE move slight high to 1620, but the momentum is declining, a fake up movement. Most probably to see a pullback to 1488 next 2 weeks.

DannyKc

Entry price : 0.53 TP1 : 0.57 TP2 : 0.60 CL : 0.505

DannyKc

A bullish flag pattern appeared, as we can see on the chart. First TP : 0.74 (previous resistant point) If price break 0.74 with high volume, Second TP : 0.8. First support : 0.66 second support : 0.62 Can cut loss at either 1st or 2nd support level. No buy or sell call was given. Buy at own risk :)

DannyKc

fulfilled bearish setup - triple top with decrease volume and weaker momentum. Following the weekly pivot point, first target - 22400 second target - 21500 third target - 20500

DannyKc Updated 

With a few confirmations on the daily & weekly chart EMAs crossing, we can confirm that the trend has changed, and we would most likely see it hit first TP 0.27, second TP 0.30. Another confirmation signal is by using XABCD patterns, it has form a Bullish Gartley. Trend : Bullish