the index winner for klci can see technology outperforms others health and energy , underperforms overall index
bearish as bearish crossover is formed price below 2 MA rsi below 50 down is imminent
Medium term bullish higher higher high and higher low structure no sell signal yet from dual MA
Long term is bullish price above MA 9/34 inside uptrend channel however the MA differential is outstretch and RSI at overbought may warn a potential correction
KLSE forming wave 3 in weekly, medium term index chart. target is 1729 base on fiboncacci projection , 1.618
gbgaqrs move in 2 - 3 years cycle now at the through , of possible next cycle the amplitude is depend on the period of the cycle daily chart closing shows dragonfly doji, bullish candle stick
bbc usdt long divergence can see divergence from price action and the rsi
minetec had a primary rally back in March 2020. now this security has corrected more than 50% from the high, and will be the secondary trend. any fluctuation within day to day will be minor trend and should be disregarded. trading idea buy at the trend zone support, and sell at the trend zone resistance. base on Dow theory, the secondary wave behave as a...
we knew that March is the market bottom. anything near the market bottom, will be a low risk investment / trade. looking at the risk and reward ratio, risking 25% down and rewarding 95% is a good ratio. a good stock to invest early. not to trade. Market Cycle ( Dow's Theory apply , from accumulation to mark up phase )