Closed above daily ma200 on Tuesday. Will 90% break out on thursday. Close above ma200 wkly end of the wk . 90% break out on wkly chart next wk. Will rally for few wks. By 2023 or 2024 will revisit rm 2 riding the upward mthly bullish channel
Whether you are using the 50-day, 100-day, or 200-day moving average, the method of calculation and the manner in which the moving average is interpreted remain the same.
A moving average is simply an arithmetic mean of a certain number of data points. The only difference between a 50-day moving average and a 200-day moving average is the number of time periods used in the calculation. The 50-day moving average is calculated by summing up the past 50 data points and then dividing the result by 50, while the 200-day moving average is calculated by summing the past 200 days and dividing the result by 200.
As the question implies, many technical traders use these averages to aid in choosing where to enter or exit a position, which then causes these levels to act as strong support or resistance.
Haha no worries One Oracle Stucked High .. did not cutwin at 1.80 ke …you can inheritance yr Shares to yr Next Generation as u posted … Cucu ke Cicit ke … or Cuci ke … hahahaha
Haha as posted much much earlier that my friend’s friend bought a AI software to do investing , costing ard RM 20,000 ke .. RM 50,000 ke …. Result = ???
Sourgrape and crazy mouse take the chance of Bursa close today to spout more lies. Yesterday when it was going up they keep quiet. Today they keep spouting nonsenses. Maybe they still want to IDSS for tomorrow.
Energy index is always a leading indicator to Plantation index in Bursa. Energy index is bullish and breaks out. Fund will rotate and flow into plantation index. Plantation is still lagged and will follow suit. Look at their comparison chart historically and you will know what will plantation index paints in 2023. Yes, bullish and breaks out.
What happen when WHO 1st call for fight against trans fat in 1990s.
In the 1990s, U.S. and E.U. regulators moved to ban unhealthy trans fat, a type of fat found in partially hydrogenated oils, from foods. Manufacturers turned to palm oil as a cheap and effective substitute. From 2000 through 2020, E.U. palm oil imports more than doubled, while U.S. imports shot up almost tenfold. Many consumers didn’t even notice the switch.
Publicinvest analysis was on non-adjusted chart. On adjusted basis, if today can close at $1.12 or higher, it will be higher than the adjusted high on 30-Nov-2022, mean uptrend technically and may test $1.17 and $1.27 in the near term.
Everytime See_crybaby-research comments here, he will drip a tear of jealousy. Everybody else on this forum fighting to collect his tears to drink... Smart holders here love to drink the tears of crybabies who miss the 90 cents boat... Pls cry more, we need your tears, so satisfying to see crybaby-research talking to the wall here.
Most of tem buying at the volum of 1 lot, 2 lots, 5 lots at the price of rm1.13. They trying very hard to push the price to look good at TA. And suddenly 4.44 somebody key in order 342 lots at price rm1.13. Well, obviously this is done by market manipulator...........
A political agreement has been reached on the European Union’s due diligence legislation, and sustainable palm oil organisation Roundtable on Sustainable Palm Oil (RSPO) is supportive. Yet challenges and risks exist, explains Ruben Brunsveld, deputy director of EMEA.
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....
Mikecyc
45,296 posts
Posted by Mikecyc > 2023-02-01 06:10 | Report Abuse
Haha see see look look can break MA200 1.16 ke …
MA10 is 1.081 .. BB mid is 1.082 … BB is compressing … previous 3 compression then Expanding with MACD above Zero level still cannot break MA200 ….
Stoch RSI : 57.8 31.4. ( Previous 3 compression then Expanding are at Higher rsi .. above 80 ..)