KLSE Technical Analysis

EWEIN: An important change has occurred !!! it Heading to $0.850/$0.890/$1.00

mwong3
Publish date: Mon, 19 Oct 2015, 08:05 AM
An important change has occurred from a mixed outlook to positive uptrend singnal. The moment these changes occur are normally the moments to trade. This sudden change makes a very strong acceleration imminent.
 
This is a very positive signal! Four consecutive wave degrees show a clear POSITIVE trend, and  the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration!
Check if the wave degrees are the time frames you trade. A price move of  in general at least 10% or more is indicated, depending on how far the price move has progressed already, which is interesting to institutional traders or active investors.
From Intermediate to Minute Wave degrees the trends are all up. Most likely the target of the Minute wave degree, which is in wave 2, will be reached at 0.85 or percentagewise 7.9%. Normally also the target of the next wave degree could be reached at  $1.00 which is in wave 3
 
I am take it as as Strong Buy to myself
An important change has occurred from a mixed outlook to positive. because of the moment these changes occur are normally the moments to trade.
Action                                   : I am take as Long/buy, 4(!) wave degrees uptrend
Type signal                          : BREAK OUT,conservative
Applies to                            : Institutional traders
Conservative Target              :0.845
2nd Target                             :0.890/0.950
Late Exit Alert                        : Close below $ 0.670
Earlier Exit Alert                      :0.7450
 
 
 
 
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