Daily chart - At channel suppport BUT no reversal candle yet. FiFT still -ve indicating Bear still in control. MCDX Retailer 93% vs Banker 0% MCDX Momentum still down. No buy signal yet (Not even Fast Turtle Buy) - Only SLOW Turtle SELL with ATOM SELL. Few resistants above Turtle Trend Resistant (first buy signal if breaks above Turtle Trend), EMA 50...
Yesterday we are seeing improvement KLSE steel sectors... Can it go up further ? Well take a look at comparison between USSteel and AnnJoo.. Generally their movement having high correlation. KLSE Steel Counters are lagging as compared to their cousins from US.
Looking good but need to breakout from TRENDLINE. Preferably whole candle body above trendline. Bounce from EMA200, Resistance turned Support at 228 ZONE. Can use this level as stop loss. MCDX Retailer% is relatively higher than Banker% but Retailer is weakening. Banker % increases with Banker Moving Average is pointing upward. Successful BOD from EMA200...
FB moves and forms major Support and Resistance at every 80 Range. 140, 220, 300, 380 Currently at 220 ZONE. ------ Based on Weekly chart------ MCDX Retailer dominating with 66% compare to Banker with just 10% FIFT still -ve and ATOM is at BEAR ZONE. Still Bearish Status and No Buy Signal yet (For Trading) Long Term still uptrend but price is below EMA200...
Potential Cup and Handle - Successfully bounce from EMA200. Breaks fibo 618 and stay above EMA50. Remain Uptrend and Bullish. MCDX Banker 40%+ remain strong while Retailer down to 1%. FiFT continuation from BoD and turned Green. Price Higher High converge to FiFT higher High. Similar trend with MCDX Banker ATOM - Price line back into neutral zone. Wait for...
MSFT is able to climb back above EMA50 and hoovering around key resistance 300-305 Historically, MSFT is moving and forming Support and Resistance in 50$ range. i.e 200, 250, 300. From long term view (Weekly chart), MSFT is seems to be forming tweezer bottom reversal candle and confirming by Fast Turtle Candle (This week need to closed above EMA50 to stay...
Slow Turtle with atom Buy but resistend by Trendline. Candles are entangled with EMA lines within descending triangle. Support 33-35 Zone. FiFT +ve = Bull is relatively stronger MCDX Yellow Hot Money 72% indicating no clear direction (Sideway). Banker (Red Bar) is 18% compare to Retailer 10%. Bias to bulllish. Plan :- 1) Wait for Buy at Support around...
Weekly Chart - Long Term View => This week Turtle Trend triggers BUY. It is a second weekly Turtle Trend Buy signal of the year. First sign of trend change in more than 5 years. Forming Higher Low and Higher High ( Uptrend ) with buildup volume Price is currently above Volume Point of Control (VPoC) 0.54 - This level is a strong support area . Price up more...
1 week ++ to end NOV month. SLOW Turtle Buy with above average volume and ATOM Buy. FIFT still +ve indicating BULL still strong. another 400 points to hit 17000 (up 4000 points from Jan 2021. Coinsidently, 2020 also up by 4000 points) Weekly ATR (Average true range) is around 400. High chances that Nasdaq will with 17K target by end of next week. MCDX Red...
Index retraced after hit Fibo 1.382 from previous pullback. ATOM and Trend Sell triggered . Currently at EMA50 support zone (Resistance turned Support zone) around 35500 Index drop is with higher volume which causing FIFT to dive further down deep into -ve zone - This is not a good sign Next support is 34800. Not a good time to Buy aggressively..
Trigger Slow Turtle with ATOM Buy and Volume increasing Price seems making BoD on 7 Oct bouncing from EMA50. FiFT +ve indicating Strong Bull MCD Banker 35% vs Retailer 0% may move the price Up. Stop Loss below 100 pychological level. Ideally around 99. If move according to plan, 114, 122, 130 will be the next target. Risk - Earning is near.
NVDA gap up closing above EMA50. Currently it is staying above Resistance Turned Support Zone with Fast Turtle Buy signal. Fift Turned +ve indicating Bull is fighting to regain control. MCDX Red Banker % remain strong and increases to 45%. Retailer (Green) remain insignificant at 0%. We are waiting for Banker to push. Momentum still -ve but seems like maing...
AXP moves and forms new based at every 20$. i.e 90. 112,136,160,180, 200 It took 30-50 bars to move from 1 level to another. Gap up and breaks 180 resistance after earning report. MCDX Banker spike settling at 50% Strong Uptrend, Bullish and Strong Bull. Plan:- Wait for pullback to at least close the gap around 180 for trade decision. Below 179 is tight stop...
Weekly chart shows second Buy on Dip signal near Resistance turned Support Zone and uptrend line at 220 Current price to support is around 12% (i.e 12% risk if to place your SL at below 220) Strong and nice uptrend FiFT Turned +ve under Healthcare Tecnology Sector. Earnings on 26 Oct BMO ROE 102%, EPS this y 37% Gross Margin 74% Analyst target 270 Risk Reward...
Managed to climb and stay above 500 pychological level after moving sideway between 420 to 500 for most of 2021. Nice and strong uptrend with EMA20 to EMA200 line up. FiFT +ve indicating strong bull. Weekly Chart MCDX 75% but daily chart MCDX banker still low with only 6%. Fibo target 570. Support 480 Based on Finviz, Avgo gross margin is 60%, RoE 24%....
This week we are seeing PLTR closing Fast Turtle Buy above weekly EMA20 with relatively higher volume which result in FiFT spike. Daily chart looks good too as it breaks EMA50 after Buy on Dip signal bounce from EMA200. Price is closing above VPOC 24.8 which I regards as immediate Strong Support. 23 is key support to maintain Higher Low uptrend price...
Breaking Ascending Triangle with second Slow Turtle with ATOM buy triggered. FiFT +ve indicating Strong Bull. MCDX Banker % increases to 24%. Retailer remain insignificant. Momentum is turning Upward. BoD with Star triggered 7 Oct. May repeat BoD Star on 22 Jun Risk :- Earning around the corner. SL if price drop into triangle ---- OR ---- Breaks Trendline...
BAC Hit previous projected target at 43. Breaks and Retest 43 - This level is now become Resistance Turned Support level. Slow Turtle with ATOM buy triggered after exceptional earning. FiFT spike Banker % increase gradually and now has exceeded 50% Next Target 47, 50 and 53