FBMKLCI is showing a possible double top pattern. The black trend line is the strong support. Better to take caution.
Lets us watch together... Ready your popcorn...
Based on my analysis, It is possible that it is the start of the forming of a double bottom pattern. Based on the weekly chart, the price is still near the support so it is either cut loss small or win big. Strong Support is on RM 0.585 and the confirmation of the double bottom pattern can be made when the price cross the green box at the 2 points. The green box...
According to my analysis, The weekly chart are showing that a Pattern that may be forming is an Inverted Head and Shoulder pattern. It is a reversal pattern. Its only valid once it cross the resistance on RM 0.890 accompanied by a large volume and the the Take Profit can be set on RM 1.00. Entry can be made after the confirmation and set RM 0.890 as the support so...
Its yours to choose obviously. According to my analysis The major trend for STARBUCKS is in an uptrend and targeted to continue the trend. It's support is on 74.80 and also 73.85. Based on the Stoch RSI, It is on the oversold level and may be considered to entry. But for me It is even better to entry when the Stoch RSI Blue line crossing the red line and pointing...
From my analysis, It will retrace first before continuing the uptrend. From my point of view, i,ve seen a complete double bottom pattern already and waiting for retracement. If you have a different ideas, do leave it in the comment.
HUAAN is still in an uptrend and expected to continue so. It is now forming a support and expected to continue the uptrend as shown in the Stochastic RSI highlighted... For a short term strategy can consider to entry until the Stochastic RSI show sell signal.. For Mid term can consider until the price cross below the Ichimoku line (usually earlier if the counter...
ROHAS has started to show head and shoulder pattern at the bottom of downtrend... It is not confirmed until it breakout above the trendline... can consider entry now (BOD).. The first resistance is the MA50... Aim for the trendline.. If breakout occur..can consider reentry after a retracement occur... Support on rm 0.585.. Cutloss on 0.580.. can also consider...
Waiting for confirmation... Can buy now but monitor on the resistance... If breakout occurs, wait for retracement before new entry... If not can TP near the resistance... Cut Loss at 1 or 2 bid under support..