carsongoh

carsongoh

conservative trader can buy if the price retrace back to RM1.01.. target price RM 1.22.

carsongoh

price previouly making a pullback but still stood above the uptrend line. Expecting price making new high. D&O is a global manufacturer and supplier of automotive LEDs serving various automakers around the world.

carsongoh

LONG LONG LONG... since break above 3308.

carsongoh

bullish factors: short labor caused the production lower in future. bearish factors: poor demand from destination. trading strategy: LONG when market drop near to 3308 support. SHORT when market reach to resistance 3308.

carsongoh

correction wave C finished and market resume bullish soon?

carsongoh

after the market finished the uptrend at wave 5, now is on CORRECTION STAGE A,B,C..

carsongoh

fcpo is trying to surpass above RSI 50 but failed to do so. very high possibility that the uptrend ends. Also, HEAD AND SHOULDER could be formed after the price break the neckline (at around 2774).. so is the bear taking charge soon?

carsongoh

During the last downtrend (Jan- May 20), RSI never surpass above 50 and hence RSI 50 become the resistance. Similarly, RSI 50 was became the support for the recent bull trend (May 20- current).. will RSI still continue to support the BULL?

carsongoh

not sure the small handicapped right shoulder is also mean the shoulder XD.. Perhaps it might showed the powerless of recent rebound.. VITAL SUPPORT at 1477..

carsongoh

on daily chart, market still on uptrend perhaps bull is taking rest. can see the support at around 2800..

carsongoh

BULL is taking rest after taking the rest?