Bull and Bear

Week12_2018 KLCI Re-test minor Support

Week12_2018 KLCI Re-test minor Support
.
.
.
let's see!
.
click for image:

https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/940546319438569/?type=3&theater

 

 

.
KLCI price bounce from minor support we mentioned on Week11, and rejected by 1864, currently stays above our minor support .. which is at 1844-1837 zone , with slightly higher volume.... we are slightly bullish on KLCI
.
.
..
.
.
.
if minor support breaks , it would visit next support around 1790-1815 This would be a strong support to support the whole big trend.... (if break... market are more on BEARISHness..)
.

.
.
Price action : slightly bullish
Moving Average : Bullish 
MACD : Slightly weakening but still above 0 Zone
.
.

Long term, 
Bullish.. 
.
Mid term
Bullish 
.
Short term
Slightly Bullish 
.
....
.
.
traders may consider to enter at immediate support @ 1844-1837 (which is happening now...with SL below support..) ... or... wait at previous strong rebound zone .. which at 1790-1815
.
.
.
.
.
.
KLCI BEARISH doesn't mean all stocks are Bearish, Vice versa..
.
.
.
.
Above Analysis is purely based on KLCI chart.. it is just a tools for us to measure overall market sentiment... should not be use as ENTRY/EXIT on individual stock...
.
.
May The Trend Be with you~
.
.
Trade safe!!
.
.
follow our Telegram:
https://t.me/KLSELION

 

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment