


The_3_Lines_Trader_TFM
U.S S&P 500 Index. - Retraced from its sideways resistant. - Broken down below its Mid Term Trend. - Its next 5 days crucial reversal zone will be important to take note. - A break down below this zone will also mean breaking down below its Long Term Trend (Red Line) will spark a Bear Market. - A recovery above this zone and above its Mid Term Trend = Super...
U.S Nasdaq Composite - Rallied towards its sideways resistant and retraced. - Currently violated its Mid Term Trend. - Nasdaq crucial next 5 days of reversal zone is important. - A breakdown out of the zone will spark bear market into tech stocks. - A recovery back above the zone and above its Mid Term Trend = Super Bull Market remains intact.
U.S Dow Jones Industrial Average - Retracement game since hitting near its resistant high. - Mid Term Trend Support violated. - Long Term Trend Support violated. - U.S DJIA next 5 crucial days zone will be important to determine how price action will confirm the Bear Trend. - A breakdown out of the zone = Bear Trend. - Able to recover back above the zone and...
Shenzhen Component Index - Remains solid holding up above its Mid term Trend Support. - A breakout from its sideways resistant will bring the index to go for Super Bull Run. - Downside risk remain easily at its Mid Term Trend Support. A violation will serve as 1st warning. - Long Term Trend Support (Red Line) will be the crucial support in the long run. A...
China A50 Index - Holding up well above its Mid Term Trend Support despite U.S and European market plunge. - Technically the index remains in a long term uptrend formation. - Pending price action to breakout of its sideways resistant to go for a Super Bull Rally. - Downside to easily look at its Mid Term Trend support. Once void will need to head to its Long...
(5160) HOMERIZ - Rallied stocks pending to breakout higher high. - Notice where the Buy Price Range is at. - A breakout of its resistant high just add +18% to find your Target Profit Zone. - Trailing Profit set at RM0.840 which is also its resistant high to break.
(5101) EVERGRN - Newly formed uptrend stock. - Sideways current price action movement. - Buy price range can be set up within its sideways movement range. - Sideways resistant at RM0.290. - Sideways support at RM0.255. - A break down below sideways support = execute stop loss. - Price action need to see price of EVERGRN to breakout of its RM0.290 sideways...
(7082) SYF - Newly formed uptrend stock. - Recent price action remain traded sideways - Sideways resistant at Midpoint price at RM0.225 and Midpoint RM0.250. - Sideways support at RM0.195 - Price action breakdown sideways support at RM0.195 = execute stop loss. - Else hold till price action breakout of its sideways resistant at RM0.225 and a must to cross above...
(7089) LIIHEN - Uptrend moving stocks. - Recent price action goes for higher high higher low movement. - Keep the Benchmark Neck in check at RM3.86. - A breakdown below this benchmark neck = execute trailing profit take. - While as the price action goes higher high, keep your Desired Target Profit Zone in check.
(5095) HEVEA - Newly formed uptrend stock. - Maintain sideways trend movement. - Sideways resistant high at RM0.555. - Sideways support at RM0.485. - Midpoint at RM0.495. - Trade set up allowed at within the sideways range. - Execute Stop Loss (SL) when price action breaks down sideways support at RM0.485. - Holding power on trade set up towards a breakout...
(7148) DPHARMA - Reached recent sideways resistant high at RM4.20. - Retrace and moving in consolidated sideways. - Sideways support at RM3.62. - Price action expected to maintain sideways range within the sideways range drawn. - Stop loss when price breaks down below RM3.62. - Else a sideways hold till the price action breakout of its sideways resistant...
(5024) PRESBHD Bullish Uptrend formation since July 2019. Stop Loss RM0.440.
(1589) IWCITY Bullish Uptrend formation since January 2019. Bullish uptrend remains intact with no violation on support. Target Price at RM1.25 Stop Loss below RM0.960
(8877) EKOVEST Bullish Uptrend formation since January 2019. Bullish Uptrend remains intact with no price violation on support. Pending price breakout to head towards RM1.00 Stop loss below RM0.800
HARTA (5168) Bearish Trend formation since October 2018. Price retrace from RM6.63 to RM4.54 in the month of March 2019. Recent price movement has formed a Bullish Trend formation on this stock.
SUPERMX (7106) Bearish trend formation in the month of December 2018. Price retrace from RM1.78 to RM1.39 in the month of March 2019. Recent price movement has formed a Bullish Trend formation on this stock.
TOPGLOV (7113) Bearish Trend formation since December 2018. Price retrace from RM5.70 to RM4.30 in the month of March 2019. Recent price movement has formed a Bullish Trend formation on TOPGLOV. Price Target at RM5.30 short term.
PRESBHD (5204) Bearish Trend formation since September 2018 Bullish Trend formation since March 2019. Recent price violated its Bullish Trend support. Price now breaking out of its resistant to maintain its Bullish Trend Formation Status . www.trendfollowingmalaysia.com