KLSE Technical Analysis

Borneo oil Bhd... Super bull ran about to start !!! don't miss it !!!

mwong3
Publish date: Mon, 23 Feb 2015, 10:30 PM

Acceding triangle about to breakout and heading to Rm1.20/1.31/1.45... it looking very bullish as it was formed a great white solder today.

from elliot wave standpoint of view 

This is a very positive signal !!!  What are you waiting for? Now even 5 consecutive wave degrees show a clear POSITIVE trend, it also indicates that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration!
 
this signal applies to long term investors and  institutional investors for price moves of possibly 30% or more, since Primary, Intermediate and Minor Wave degrees are all up. The most certain price target is the target of the Minor wave degree, which is in wave 3, at 1.29 or percentagewise 35.7%.Normally also the target of the next wave degree could be reached at  RM 1.43, which is in wave 3.

 

For detail analysis can refer to the link below

KLSE TECHNICAL ANALYSIS

KLSE TA Facebook Link

Discussions
Be the first to like this. Showing 9 of 9 comments

paperplane

Technical analysis is bullshit

2015-02-23 22:32

mwong3

may be...

2015-02-23 22:44

vincentlee

Hahaha

2015-02-24 00:14

paperplane

hehe

2015-02-24 12:28

wren

trap has been nicely set

2015-02-24 18:49

miapancho

Why recommending stocks at the wrong time, the last push you the article writer will be selling poor public will be buying, nice cute trap

2015-02-24 19:44

mwong3

the time and results will tell...

2015-02-24 19:54

HC Lee

Technical analysis..buy high, sell low...ha ha

2015-02-25 14:13

914601117

tips only disclosed when someone wants to sell high

2015-02-25 16:52

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