^^^GLOVE RALLY - BM HEALTHCARE INDEX : TO TEST ALL-TIME-HIGH!!

The bull has making a fabulous reversal today with choosing the Count#2 wave path which we posted 2 days ago.

In 1h chart today, indication for a completed wave 4 of I unfolded from the low of 3,912 (Fib retracement ratio 38,2 - 3,935) level, with a sharp degree rebound on wave 5/I which probably underway.

Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 or even higher target to 4,570 and 4,976 (Fib ratio of 161,8 and 261,8) level possible before bulls lose control and bears take over for wave II correction.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : TO TEST ALL-TIME-HIGH!!

The bull has making a fabulous reversal today with choosing the Count#2 wave path which we posted 2 days ago.

In 1h chart today, indication for a completed wave 4 of I unfolded from the low of 3,912 (Fib retracement ratio 38,2 - 3,935) level, with a sharp degree rebound on wave 5/I which probably underway.

Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 or even higher target to 4,570 and 4,976 (Fib ratio of 161,8 and 261,8) level possible before bulls lose control and bears take over for wave II correction.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : TO TEST ALL-TIME-HIGH!!

The bull has making a fabulous reversal today with choosing the Count#2 wave path which we posted 2 days ago.

In 1h chart today, indication for a completed wave 4 of I unfolded from the low of 3,912 (Fib retracement ratio 38,2 - 3,935) level, with a sharp degree rebound on wave 5/I which probably underway.

Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 or even higher target to 4,570 and 4,976 (Fib ratio of 161,8 and 261,8) level possible before bulls lose control and bears take over for wave II correction.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : TO TEST ALL-TIME-HIGH!!

The bull has making a fabulous reversal today with choosing the Count#2 wave path which we posted 2 days ago.

In 1h chart today, indication for a completed wave 4 of I unfolded from the low of 3,912 (Fib retracement ratio 38,2 - 3,935) level, with a sharp degree rebound on wave 5/I which probably underway.

Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 or even higher target to 4,570 and 4,976 (Fib ratio of 161,8 and 261,8) level possible before bulls lose control and bears take over for wave II correction.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : TO TEST ALL-TIME-HIGH!!

The bull has making a fabulous reversal today with choosing the Count#2 wave path which we posted 2 days ago.

In 1h chart today, indication for a completed wave 4 of I unfolded from the low of 3,912 (Fib retracement ratio 38,2 - 3,935) level, with a sharp degree rebound on wave 5/I which probably underway.

Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 or even higher target to 4,570 and 4,976 (Fib ratio of 161,8 and 261,8) level possible before bulls lose control and bears take over for wave II correction.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH REVERSAL SOON?!!

Indexs has made a very strong recovery from Sept 10 (3,067) lows, however this recovery can now be slowing down based on 2 interpretations we are observing.

The first one shows a potential flat correction in the making for wave II, after completion an ext 5th wave move for 39-days long, where we are looking now for a three wave a-b-c rebound into wave B even back towards 4,322 levels. We believe this simple zig-zag A-B-C correction would trade between range 3,960 - 4.923 before bullish wave III taken over.

Then we have another wave count #2, that shows a potential top formation in wave 3 of I, where correction for wave 4/I on-going. Support for a wave 4 correction can be at Fib Ratio of 23.6/38.2 that comes in at 4,138/3,992 level so watch that area as potential reversal zone. As such, this wave 5/I could be impulsive to kick in anytime this week, target to retest the highest done 4,322 (August 6, 2020) and beyond.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH REVERSAL SOON?!!

Indexs has made a very strong recovery from Sept 10 (3,067) lows, however this recovery can now be slowing down based on 2 interpretations we are observing.

The first one shows a potential flat correction in the making for wave II, after completion an ext 5th wave move for 39-days long, where we are looking now for a three wave a-b-c rebound into wave B even back towards 4,322 levels. We believe this simple zig-zag A-B-C correction would trade between range 3,960 - 4.923 before bullish wave III taken over.

Then we have another wave count #2, that shows a potential top formation in wave 3 of I, where correction for wave 4/I on-going. Support for a wave 4 correction can be at Fib Ratio of 23.6/38.2 that comes in at 4,138/3,992 level so watch that area as potential reversal zone. As such, this wave 5/I could be impulsive to kick in anytime this week, target to retest the highest done 4,322 (August 6, 2020) and beyond.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH REVERSAL SOON?!!

Indexs has made a very strong recovery from Sept 10 (3,067) lows, however this recovery can now be slowing down based on 2 interpretations we are observing.

The first one shows a potential flat correction in the making for wave II, after completion an ext 5th wave move for 39-days long, where we are looking now for a three wave a-b-c rebound into wave B even back towards 4,322 levels. We believe this simple zig-zag A-B-C correction would trade between range 3,960 - 4.923 before bullish wave III taken over.

Then we have another wave count #2, that shows a potential top formation in wave 3 of I, where correction for wave 4/I on-going. Support for a wave 4 correction can be at Fib Ratio of 23.6/38.2 that comes in at 4,138/3,992 level so watch that area as potential reversal zone. As such, this wave 5/I could be impulsive to kick in anytime this week, target to retest the highest done 4,322 (August 6, 2020) and beyond.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH REVERSAL SOON?!!

Indexs has made a very strong recovery from Sept 10 (3,067) lows, however this recovery can now be slowing down based on 2 interpretations we are observing.

The first one shows a potential flat correction in the making for wave II, after completion an ext 5th wave move for 39-days long, where we are looking now for a three wave a-b-c rebound into wave B even back towards 4,322 levels. We believe this simple zig-zag A-B-C correction would trade between range 3,960 - 4.923 before bullish wave III taken over.

Then we have another wave count #2, that shows a potential top formation in wave 3 of I, where correction for wave 4/I on-going. Support for a wave 4 correction can be at Fib Ratio of 23.6/38.2 that comes in at 4,138/3,992 level so watch that area as potential reversal zone. As such, this wave 5/I could be impulsive to kick in anytime this week, target to retest the highest done 4,322 (August 6, 2020) and beyond.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^HARTA: CLOSER TO A BREAKOUT FROM DOWNTREND BOTTOM??!

Based on 1hourly chart, we may see another bull rally very very soon once pricing breaks out the medium downtrend channel from top of 21,14 on 2/8/2020. If you are nimble enough, you can try your luck and make a trade for this up leg with potential aim of almost 15% - 20% gains with immediate target at 19,60-19,80 level.

Huat Huat AARRR!!! Trade well! Stay healthy!!

^^^SUPERMX: BULLISH INVERSE HEAD/SHOULDER BREAKOUT!!

The inverse head/shoulders neckline has just broken next target to be 25,38. That said, the previous gap-down should be now be next big area of support for Supermx.

Huat HUat ARRR!!! Trade WEll and Stay COOL!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH FLAG?!!

In 1hourly chart, index being bullish supported by the bull flag formation.

Watch out of any breakout further of 4,047 - 4,050 region, that to target 4,581 in near term.

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH FLAG?!!

In 1hourly chart, index being bullish supported by the bull flag formation.

Watch out of any breakout further of 4,047 - 4,050 region, that to target 4,581 in near term.

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH FLAG?!!

In 1hourly chart, index being bullish supported by the bull flag formation.

Watch out of any breakout further of 4,047 - 4,050 region, that to target 4,581 in near term.

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH FLAG?!!

In 1hourly chart, index being bullish supported by the bull flag formation.

Watch out of any breakout further of 4,047 - 4,050 region, that to target 4,581 in near term.

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^SUPERMX: HISTORY SAYS CORRECTION TO LEAD TO BIG RALLY!!

Supermx staged for a sharp rebound yesterday in impulsive move.

In 1h chart, price has started filling the price 21,00 - 21,70, despite rally this morning trying to penetrate these gap-down area, which is now acting as resistance.

My Bets: Bulls experienced a huge pullback in a degree from 33% - 42% separately on 1/6/2020 and 9/6/2020 before rallied to top at 24,44 for almost soaring 275% spike.

Could pricing now making another repeated history again after last week sharp correction of almost 35% before blasting-off higher towards 275% region (Target at 59,60 level from lower of 15,90)?

Let see the bulls trying SECOND attempt to clear its resistance above before marching up up up on the way.

Huat Huat ARRRR!! Happy Trading and Stay Well!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH RISE!!

Indexs made a sharp bullish turn yesterday, indicating a low 3,564 in place on 17/8/2020. We labeled the latest turn as wave B), which can be followed by a three-waves rise.

In 1h chart today, indication for a completed minor wave i) is unfolded from the high of 4,127 (Fib ration 50,0% retracement at 4,066) and before pricing pullback on wave ii) that probably to find support at previous 38,2% retracement at 3,950 before bulls take control for final upleg towards previous ATH at 4,520 level.

My Bets: Trade this rebound that to see potential rally for glove sector for another 25%-30% spike.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH RISE!!

Indexs made a sharp bullish turn yesterday, indicating a low 3,564 in place on 17/8/2020. We labeled the latest turn as wave B), which can be followed by a three-waves rise.

In 1h chart today, indication for a completed minor wave i) is unfolded from the high of 4,127 (Fib ration 50,0% retracement at 4,066) and before pricing pullback on wave ii) that probably to find support at previous 38,2% retracement at 3,950 before bulls take control for final upleg towards previous ATH at 4,520 level.

My Bets: Trade this rebound that to see potential rally for glove sector for another 25%-30% spike.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH RISE!!

Indexs made a sharp bullish turn yesterday, indicating a low 3,564 in place on 17/8/2020. We labeled the latest turn as wave B), which can be followed by a three-waves rise.

In 1h chart today, indication for a completed minor wave i) is unfolded from the high of 4,127 (Fib ration 50,0% retracement at 4,066) and before pricing pullback on wave ii) that probably to find support at previous 38,2% retracement at 3,950 before bulls take control for final upleg towards previous ATH at 4,520 level.

My Bets: Trade this rebound that to see potential rally for glove sector for another 25%-30% spike.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : IN BULLISH RISE!!

Indexs made a sharp bullish turn yesterday, indicating a low 3,564 in place on 17/8/2020. We labeled the latest turn as wave B), which can be followed by a three-waves rise.

In 1h chart today, indication for a completed minor wave i) is unfolded from the high of 4,127 (Fib ration 50,0% retracement at 4,066) and before pricing pullback on wave ii) that probably to find support at previous 38,2% retracement at 3,950 before bulls take control for final upleg towards previous ATH at 4,520 level.

My Bets: Trade this rebound that to see potential rally for glove sector for another 25%-30% spike.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^SUPERMX: EASY DOWN; EASY UP??!!

Supermx has a clear parabolic trendline support at 15,90 yesterday and old unfilled gap down is still now waiting for brave bulls to come in and fill it with prices from 21,00 - 21,70 level.

Huat Huat ARRRR!!! Trading Well and Stay Cool!!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : REBOUND SOON!!

BM healthcare index reached top 4,520 of All-Time High (ATH) on 6/8/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish impulsive five waves and follow now by its three-wave ((A)-B)-C)) correction at the upper trendline, before pricing could then start with a fresh uptrend again. That said, the correction can be in days or weeks ahead of a bullish reversal probably target at 3,574 level and where former swing lows and Fib ratio of 38,2 can give strong support. If a correction is deeper, then then Fib. ration of 50,0 and 61,8 can also be reached at 3,275 or 2,977 level.

In 1h chart today, indication for a completed wave (A) is unfolded from the low of 3,564 (Fib ratio 38,2 - 3,574) level, with a sharp degree rebound on wave (B) which probably underway. Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 before wave C) to kick in!

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : REBOUND SOON!!

BM healthcare index reached top 4,520 of All-Time High (ATH) on 6/8/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish impulsive five waves and follow now by its three-wave ((A)-B)-C)) correction at the upper trendline, before pricing could then start with a fresh uptrend again. That said, the correction can be in days or weeks ahead of a bullish reversal probably target at 3,574 level and where former swing lows and Fib ratio of 38,2 can give strong support. If a correction is deeper, then then Fib. ration of 50,0 and 61,8 can also be reached at 3,275 or 2,977 level.

In 1h chart today, indication for a completed wave (A) is unfolded from the low of 3,564 (Fib ratio 38,2 - 3,574) level, with a sharp degree rebound on wave (B) which probably underway. Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 before wave C) to kick in!

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : REBOUND SOON!!

BM healthcare index reached top 4,520 of All-Time High (ATH) on 6/8/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish impulsive five waves and follow now by its three-wave ((A)-B)-C)) correction at the upper trendline, before pricing could then start with a fresh uptrend again. That said, the correction can be in days or weeks ahead of a bullish reversal probably target at 3,574 level and where former swing lows and Fib ratio of 38,2 can give strong support. If a correction is deeper, then then Fib. ration of 50,0 and 61,8 can also be reached at 3,275 or 2,977 level.

In 1h chart today, indication for a completed wave (A) is unfolded from the low of 3,564 (Fib ratio 38,2 - 3,574) level, with a sharp degree rebound on wave (B) which probably underway. Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 before wave C) to kick in!

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : REBOUND SOON!!

BM healthcare index reached top 4,520 of All-Time High (ATH) on 6/8/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish impulsive five waves and follow now by its three-wave ((A)-B)-C)) correction at the upper trendline, before pricing could then start with a fresh uptrend again. That said, the correction can be in days or weeks ahead of a bullish reversal probably target at 3,574 level and where former swing lows and Fib ratio of 38,2 can give strong support. If a correction is deeper, then then Fib. ration of 50,0 and 61,8 can also be reached at 3,275 or 2,977 level.

In 1h chart today, indication for a completed wave (A) is unfolded from the low of 3,564 (Fib ratio 38,2 - 3,574) level, with a sharp degree rebound on wave (B) which probably underway. Trade this rebound that to see potential rally for glove sectors towards to test previous ATH at 4,520 before wave C) to kick in!

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^SUPERMX: WITHIN A BIG BEARISH MOVE!!

Supermx looks to have fully unfolded a five-wave move within a higher degree wave 5, up from 7,60 level all the way to higher done 24,44 on 6/8/2020. At the moment we see price declining, down from top 24,44 level, and below the trendline, which suggests a top in place, and a three-wave reversal under way.

Clearly, we see now a big A-B-C three waves correction in progress, which probably a 5-3-5 pattern formation in place. If that is the case, wave (A) is implusive corrective (5 waves), wave (B) is corrective (3 waves) and wave (C) is impulse (5 waves). An indication for a completed wave (A) is unhold from the low of 20,36 level, with a sharp degree rebound on wave (B) probably completed high of 24,40 that can now aim for wave (C) impulsive correction before pricing to start rebound for an uptrend bullish move.

The decline which we are seeing from 24,40 can be a bigger impulse in the making (a five-wave move), which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a wave (C) correction, which can now be underway, and can look for support and a new turn lower at 17,20 level and which could probably forming on 14/8/2020, where former swing lows and Fib ratio of 38.2 can give strong support. If a correction is deeper, then Fib. ration of 50.0 and 61.8 can also be reached at 14,90 or 12,65 level.

Keep in mind that Supermx remains bullish as long as it is uptrend bullish trading keep above 9,50 invalidation level!


Huat Huat ARRRR!! Trading Well & Stay Cool!!

^^^SUPERMX: HISTORY SAYS CORRECTION TO LEAD TO BIG RALLY!!

Supermx experienced a huge pullback in a degree from 33% - 42% separately on 1/6/2020 and 9/6/2020 before rallied to top at 24,44 for almost soaring 275% spike.

Could Supermx now making another repeated history again after this week sharp correction before blasting-off higher towards 275% region (Target at 54,80 level from lower 14,60)?

If so, Supermx bulls should now potentially in making a pullback aiming to reach between 30% (17,20) or lower 40% (14,60) retracement form recent high before blasting higher.

Huat Huat ARRRRR!! Trading Well and Stay Cool!!

^^^SUPERMX: HISTORY SAYS CORRECTION TO LEAD TO BIG RALLY!!

Supermx experienced a huge pullback in a degree from 33% - 42% separately on 1/6/2020 and 9/6/2020 before rallied to top at 24,44 for almost soaring 275% spike.

Could Supermx now making another repeated history again after this week sharp correction before blasting-off higher towards 275% region (Target at 54,80 level from lower 14,60)?

If so, Supermx bulls should now potentially in making a pullback aiming to reach between 30% (17,20) or lower 40% (14,60) retracement form recent high before blasting higher.

Huat Huat ARRRRR!! Trading Well and Stay Cool!!

^^^SUPERMX: IN DIAMOND'S PATTERN??!!

Diamond-like patterns are often precursors of market tops unless Supermx pricing could overturn quickly in few days from the consolidation range between 20,40 - 24,40. That said, this wave iii) to be impulsive and bullish until it can later come to resistance and potentially near the 28,38 - 28,88 region, where the higher base uptrend channel line can react as a turning point.

Huat Huat AAARRRR!! Trade Well and Stay Cool!!!!

^^^TOPGLOVE: TRIANGLE BREAKOUT CONTINUE TO HIGHER POINTS!!

Topglove is recovering with five waves, up from 19,64 area on 16/7/2020. We see current activity as a potential bullish triangle breakout unfolded in a third wave, which points above current highs, and towards the 33,60 zone. That said, any weakness within waves can be only a temporary pullback.

We know that triangles are continuation patterns, which means once completed they push price into one more leg within the trend with higher target probably at 36,80 level; in our case this is to the upside, before a turn in price may follow.

If we see price drop earlier, and it also breaks below the 27,18 level, then this would already be an indication of a top in place, and a suggestion that a minimum three-wave move lower is underway.

Huat Huat ARRRR!! Trade Well & Stay Cool!!!

Guys, I won’t speculate the number. Yet technically in my EW post yesterday price structure looks bullish and impulsive stay closed target to 28,88

Huat Huat AAAARRRRR!!

^^^CAREPLS: ZIG-ZAG A-B-C (5-3-5) CORRECTION IN MAKING!!

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!

^^^SUPERMX: MORE & MORE EXCITEMENT TO COME?!!

Supermx made a pullback yesterday, which we labelled as part of a lower degree wave ii) of bigger wave three, that can take price towards the 22,10 - 22,50 region in downside sessions. At the moment we see minor up-leg iii could have been in play, which can once fully developed, pushing price into bullish higher wave iii). That said, this wave iii) to be impulsive and bullish until it can later come to resistance and bearish reversal potentially near the 28,38 - 28,88 region, where the higher base uptrend channel line can react as a turning point.

Keep in mind that a five-wave bullish upturn from the low of 18,04 (4/8/2020) indicates a trend reversal, so Supermx remains bullish as long as it is trading above 19,58 invalidation level!

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^HARTA: IN BULLISH MEGAPHONE RISE?!!

In 1h chart, we can see a possibly price formed a bullish A-B-C-D-E wave megaphone triangle. We probably see all legs are visible within a triangle: A-B-C-D-E, the final leg downside wave >E< could be unfolded at low 17,58 on 4/8/2020, and now aiming to continue the bull rise above the upper triangle line at 19,94 - 20,00 with upper target fibonacci extension at 21,80 (161,8%) or higher 23,94 (261,8%) area!

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^KOSSAN: IN BULLISH RISE!!!

Kossan made a sharp bullish turn at the first day Monday 4/8/2020, indicating a low (17,46) in place, and a final leg of 5th wave, five-wave underway.That said, any weakness within waves can be only a temporary pullback. The bull has begun with potential ext fib movement in target at 19,72 (161,8%) and higher 20,98 (261,8%).

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^SUPERMX: IN BULLISH FLAG?!!

SUPERMX has been bullish in impulsive move with a VCP pattern breakout on 4/8/2020. The bull has reached also my measured target at 23,38 (ext Fib Ration 261,8%) with highest done at 23,66 yesterday.

In 1hour chart this morning, Supermx being bullish supported by the bull flag formation.

Watch out of any breakout further of 23,11-23,20 region, that to target 28,38 in near term.

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^SUPERMX: SUPERMAN! SUPERMAN! SUPERMAN! UP UP ALL THE WAY!!

SUPERMX ended this morning session with a 3T Volatility Contraction (VCP) breakout at 19,28 - 19,30 region before closing back at 19,34. That said, any weakness within waves can be only a temporary pullback. The bull would begin also from here with final ext 5th wave up in target at 21,18 (161,8%) and higher 23,38 (261,8%).

Huat Huat AAARRRR!!! Trade Well!! Stay Healthy!!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX MAKING A BULLISH TURN!!

With gloves, bursa healthcare indices has seen making an impulsive rally high at 4,122 (22/7/2020) before correction. The indices has seeing a bullish turning after making low 3,658 (24/7/2020). We think that is an extended wave three, meaning that more upside will come as the fourth wave retracement may have unfolded completely in a zig-zag A-B-C waves. As such, we see potential rally for glove sectors towards the important fibonacci extension target around 4,430 (161,8%) or higher 4.905 (261,8%) area!

Huat Huat ARRRR!!! Happy Trading and Stay well!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX MAKING A BULLISH TURN!!

With gloves, bursa healthcare indices has seen making an impulsive rally high at 4,122 (22/7/2020) before correction. The indices has seeing a bullish turning after making low 3,658 (24/7/2020). We think that is an extended wave three, meaning that more upside will come as the fourth wave retracement may have unfolded completely in a zig-zag A-B-C waves. As such, we see potential rally for glove sectors towards the important fibonacci extension target around 4,430 (161,8%) or higher 4.905 (261,8%) area!

Huat Huat ARRRR!!! Happy Trading and Stay well!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX MAKING A BULLISH TURN!!

With gloves, bursa healthcare indices has seen making an impulsive rally high at 4,122 (22/7/2020) before correction. The indices has seeing a bullish turning after making low 3,658 (24/7/2020). We think that is an extended wave three, meaning that more upside will come as the fourth wave retracement may have unfolded completely in a zig-zag A-B-C waves. As such, we see potential rally for glove sectors towards the important fibonacci extension target around 4,430 (161,8%) or higher 4.905 (261,8%) area!

Huat Huat ARRRR!!! Happy Trading and Stay well!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX MAKING A BULLISH TURN!!

With gloves, bursa healthcare indices has seen making an impulsive rally high at 4,122 (22/7/2020) before correction. The indices has seeing a bullish turning after making low 3,658 (24/7/2020). We think that is an extended wave three, meaning that more upside will come as the fourth wave retracement may have unfolded completely in a zig-zag A-B-C waves. As such, we see potential rally for glove sectors towards the important fibonacci extension target around 4,430 (161,8%) or higher 4.905 (261,8%) area!

Huat Huat ARRRR!!! Happy Trading and Stay well!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX MAKING A BULLISH TURN!!

With gloves, bursa healthcare indices has seen making an impulsive rally high at 4,122 (22/7/2020) before correction. The indices has seeing a bullish turning after making low 3,658 (24/7/2020). We think that is an extended wave three, meaning that more upside will come as the fourth wave retracement may have unfolded completely in a zig-zag A-B-C waves. As such, we see potential rally for glove sectors towards the important fibonacci extension target around 4,430 (161,8%) or higher 4.905 (261,8%) area!

Huat Huat ARRRR!!! Happy Trading and Stay well!!

^^^SUPERMX: TO TEST IMPORTANCE 20 PSYCHOLOGICAL LEVEL?!!

Supermx bullish breakout has opened the way to the recent daily swing high, after almost 2 weeks trading sideways, slow and choppy since 20/7/2020 which are characteristics of a descending triangle correction.

Trade this breakout with aiming target 22,00 level or higher 30,34 (Fib ratio of 161,8% of retracement).

Huat Huat ARRR!! Happy Trading and Stay Cool!!

^^^COMFORT: 10-WEEKS LONG ROUNDING BOTTOM BREAKOUT!!

Comfort is finally joining the glove rally party though laggard for almost 10-weeks consolidation at rounding bottom before breakout in 1h chart this morning.

In my previous note, trade this final Wave (5) with aiming at important fibonacci extension target aiming at 5,26 (161,8%) and higher 6,85 (261,8%)

Huat Huat ARRRR!! Trading Well and Stay Safe!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : PAUSE FOR A THREE WAVE DROP!!

BM healthcare index reached 4,122 high of All-Time High on 22/7/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish Wave 3 and follow by its three-wave ((A)-B)-C)) correction at the upper trend line, which then could start a new sharp spike into a final Wave 5. That said, the correction can be in days or weeks ahead of a bullish reversal at 3,059 - 3,302 level and forming, where former swing lows and Fib ratio of 38.2 can give strong support. If a correction is deeper, then then Fib. ration of 61.8 can also be reached at 2,804 level.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : PAUSE FOR A THREE WAVE DROP!!

BM healthcare index reached 4,122 high of All-Time High on 22/7/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish Wave 3 and follow by its three-wave ((A)-B)-C)) correction at the upper trend line, which then could start a new sharp spike into a final Wave 5. That said, the correction can be in days or weeks ahead of a bullish reversal at 3,059 - 3,302 level and forming, where former swing lows and Fib ratio of 38.2 can give strong support. If a correction is deeper, then then Fib. ration of 61.8 can also be reached at 2,804 level.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : PAUSE FOR A THREE WAVE DROP!!

BM healthcare index reached 4,122 high of All-Time High on 22/7/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish Wave 3 and follow by its three-wave ((A)-B)-C)) correction at the upper trend line, which then could start a new sharp spike into a final Wave 5. That said, the correction can be in days or weeks ahead of a bullish reversal at 3,059 - 3,302 level and forming, where former swing lows and Fib ratio of 38.2 can give strong support. If a correction is deeper, then then Fib. ration of 61.8 can also be reached at 2,804 level.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : PAUSE FOR A THREE WAVE DROP!!

BM healthcare index reached 4,122 high of All-Time High on 22/7/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish Wave 3 and follow by its three-wave ((A)-B)-C)) correction at the upper trend line, which then could start a new sharp spike into a final Wave 5. That said, the correction can be in days or weeks ahead of a bullish reversal at 3,059 - 3,302 level and forming, where former swing lows and Fib ratio of 38.2 can give strong support. If a correction is deeper, then then Fib. ration of 61.8 can also be reached at 2,804 level.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^GLOVE RALLY - BM HEALTHCARE INDEX : PAUSE FOR A THREE WAVE DROP!!

BM healthcare index reached 4,122 high of All-Time High on 22/7/2020 with both glove makers and pharmaceutical rotation plays.

We see a completion of bullish Wave 3 and follow by its three-wave ((A)-B)-C)) correction at the upper trend line, which then could start a new sharp spike into a final Wave 5. That said, the correction can be in days or weeks ahead of a bullish reversal at 3,059 - 3,302 level and forming, where former swing lows and Fib ratio of 38.2 can give strong support. If a correction is deeper, then then Fib. ration of 61.8 can also be reached at 2,804 level.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!

^^^SUPERMX: IMPORTANCE OF 20 PSYCHOLOGICAL LEVEL!!

Supermx has been trading sideways, slow and choppy since 20/7/2020 which are characteristics of a triangle correction.

A completed five-wave rally in Supermx to 19,60 high might unfolded which followed now by a three-wave A-B-C correction. A possible bullish turn for this correction could come in days/weeks ahead in the 13,05 - 14,68 zone, where former swing lows and the 38,2 and 50,0 Fib ratios would act as support.

My Bets: Possible correction wave A completed at 17,60 and the second wave B of a recovery underway. Trade this recovery target high at 19,70 - 20,00 level.

Huat Huat ARRR!! Happy Trading and Stay Cool!!