KLSE Technical Analysis
Ideal Jacob Moving up to RM 0.450/0.505/0.87.
Weekly trend
It is show out is expanded triangle, amd thos [attern defined as a TREND patten, normally is formed in at wave # 5, the common signaute is is the internal structure of all 5 wave is in corrective wave, its occurence is very very rare.
Daily Chart
It is Double Zig Zag, whic is lable it as a WXY, it is a sharp correction up, in which 2 Zig Zag(abc) is connected by wave x, the retracement did not retrace more 61.8% of wave ABC combined, it is very common corrective wave pattern, it look very ,much like impulse wave.
Insitutional investors
This is a very positive signal !!! Now even 5 consecutive wave degrees show a clear POSITIVE trend, and it were indicated that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration!
This is a very long term signal for institutional investors since it starts with the Cycle wave degree followed by the primary and Intermediate wave degrees. The target of the Intermediate wave degree, which is in wave 3, is the most conservative target to reach at 0.87
Short term trader/Med term swing trader
Action :Long/buy, 5 wave degrees uptrend
Type signal : BREAK OUT,conservative
Applies to : Short term trader/Med term swing trader
Short term trader :0.450/0.475
Med term swing trader :0.505/0.550
Late Exit Alert :0.31
Earlier Exit Alert :0.35
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on KLSE Technical Analysis
Nov 20th : Market Report on Vivocom. Close $1.74 with volume 68.24m.
Created by mwong3 | Nov 21, 2020
Nov 18th : Market Report on Vivocom. Close $1.86 with volume 33.4m.
Created by mwong3 | Nov 18, 2020
Nov 18th :Morning Session Vivocom cosed $1.83 with volume of 23.1M.
Created by mwong3 | Nov 18, 2020
Discussions
Be the first to like this. Showing 2 of 2 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
3
4
6
Kenanga Research & Investment
7
Good Articles to Share
8
Good Articles to Share
Sydney house fire kills three children, police suspect homicide
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Speculator101
Ini mwong3 memang canggih...that day esceram already make help me make money. tomorrow I will buy ...
2015-03-12 00:51