In trading we probably “trust” nobody even we need to “question” our “own” “bias/ analysis “ very often with “update / upgrade ” “skills” by following MR. Market’s “footprints” very closely...
Tesla seem like testing “flying” its “world largest rocket” to the moon first before taking off with its most costly “batteries”.
Gold probably will be showering its “head” with “leg and knee” shampoo twice.
Ralph Nelson Elliott “discovered” Elliott wave during 1930s and published it comprehensively on his article “Nature's Laws: The Secret of the Universe in 1946”.. He had “rule out” that there is only 1,2,3,4,5 subwaves in any impulsive wave ..”Unless” in leading/ending diagonal wave 1 or 5. But we should ask the big WHY?! Why, every elliottian always have these...
Shangri-La ( hotel groups) probably found its “base” @ 1.93 +/-.. before resuming uptrend to ATH @ 6.83.
Checking from latest how “fast” the speed - z -factor . Mr. Gold market “drawing” its “triangle shape”..It seem like Mr. Gold market “maintains” its previous triangle ideas..
Alibaba / Baba price surging up > 10% both in HK & NY markets after news that is going to split its core business to 6 = the beginning of “new era”..How for Malaysian if their local broker not allowed to trade HK or NY stocks? Probably structured warrant is a choice ...p/s structured warrants like stock options is a “leveraged + plus time decay/ expiration date”...
Mr. Gold market knew lot of traders trading chart pattern. He need to “disguise its appearance” and so it appear that not “perfectly formed in shape”..
Gold is forming bullish contracting triangle where price will hold above 1934 targeting 2060 +/- @ The long term down trend line ( yellow dotted)..
Revenue is forming an expanding flat (A)(B)(C)(Cyan) ..where wave (C) (Cyan) could reach @ 0.185 +/-..
Not all IPO stock will.. e.g AAX.. their stock’s never ever closed above their IPO’s price..
Gold probably will “knock” its “head” @ 2000 ceiling level again in its 4th attempt.
Alibaba’s downward price probably stalled @ 1) Demand Zone 2) Right shoulder of reverse head & shoulder pattern.
Topglove probably will have “deep pullback” toward 0.725 +/- where there is a major demand Zone PLUS/+ wave 2 (yellow) is a running flat pattern = abc ( green circled).
Mr. Market probably make us “very high” as price almost reaching previous high.
Bitcoin/ Btcusd probably resuming its “downtrend “ as price now @ major supply zone which formed by order Block/ flow. Seem like bitcoin and gold having a positive correlation ( same direction ) now.
Short Gold @ 1988 +/-. Where there is the upper border of daily red candlestick’s body after a long wick/ tail which act as strong resistance where price closing inside the stop hunting zone after hitting the zone.
Malaysia Genomics Resource Centre ( MGRC ). There was a “triangle” in chart. So..so. It’s high “probability” that the “deep pullback” since Oct 21 is just a “correction “. Price will eventually “exceed” 2.72 (potential of more than 1000% growth!!) After price build its “base” @ 0.180 +/-.