KLSE Technical Analysis

Eforce Break out away from $0.685 !!! Wave 3 is started and heading to $0.795/$0.920.

mwong3
Publish date: Wed, 20 May 2015, 12:00 AM
  • I am bought Eforce as I am anticipate it will break  $0.690 and stay above it.
  • Today price go beyond $0.690, the prices action stimulate Elliot wave 3 was formed, which confirm wave 2 flag ended.
  • Wave 3 is started and heading to $0.795/$0.920.
  • Resistance showed after 0.690 breach is 0.730/0.755/0.800
  • Immediate support at 0.635
  • Stop loss is 0.600
  • Stop loss may adjust to 0.635 after 0.690 breach.
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