Bursa Malaysia Health Care Index - [HEALTH]Trend :
The index showed a strong uptrend from March to early May, reaching a peak around 2,350. Since then, it has been in a downtrend, with lower highs and lower lows.
Support and Resistance :
Current support appears to be around 1,880-1,900. Key resistance levels are visible at 2,200 a
Healthcare : True or FakeHapag-Lloyd, the world's fifth largest container shipping company in the world, has halted its activities in the Red Sea.
MSC, the largest shipping company, and Maersk, the second largest, have also announced that they wish to avoid the Red Sea.
We can expect total disruption to logistics lines an
Health, next theme play by operator?Will operator allow me to join their game?
A wild guess again, maybe in between (before or after) 15/9 will has show?
Just wait operators to build the first step of staircase🪜 to north.
Another waiting game 🎯🎮
>> Price still below Hull MA
>> Still OS, in fact I love OB counters, the place where
Malaysia Health Index Demand Zone.9/Feb23Within a 3 continuous bar, bar 2 must be the biggest bar compare bar 1, 3..PLUS there must be a “gap” ( as shown on this white rectangle ) within the high of bar 1 and the low of bar 3 ( for the case on demand Zone)..The “Demand Zone” always lies within the low and the high of bar 1.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.