Bursamalaysia
JCY 31/8/2020JCY rebounded strongly upon dropping below its uptrend line. According to the fibonacci entrancement level, it managed to bounce back up upon touching/breaching the 0.595 level, demonstrating bullish sentiment still intact. Overall, from what i can see, i believe JCY's uptrend momentum still intact, especially after its strong retracement/rebound. I believe current price level provides a good entry too, RSI at oversold and price is near support level.
EP: 0.605-0.610
TP: 0.735
CL: 0.580-0.570
KLSE: GTRONIC - Coiling for a breakoutA Malaysian semiconductor stock listed on the KLSE, coming towards the upper boundary of a 5-year consolidation pattern.
Depending on how you draw it, it could be a rectangle or an ascending triangle - no matter, the pattern is bullish at this point in time.
The icing on the cake is the small symmetrical triangle forming on the daily chart, which will work nicely as a launching pattern once there is a breakout.
TIME TO CATCH THE MOMENTUM IN KLCIThe strategy is simple. Buy at support as we can see the price consolidate and still in bullish momentum. Watch closely the price action around the green zone. Cut loss if the price break the support line 1548 and always take into consideration your risk and money management. Happy trading!
MINETEC - Strength Build Up into The ResistancePlease consider your own interpretation of Opportunity & Risk:
Green Arrow (Transparency = 0) = Representing Upside
Red Arrow (Transparency = 0) = Representing Downside
Green Arrow (Transparency = 30%) = Representing Alternate Price Path, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate Price Path, or less probable outcomes
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
KKB - Testing Key Support For Potential UpsideOpportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
PANSAR - Cancelling the Gain Made By Previous Swing "V-Top"Please consider your own interpretation of Opportunity & Risk:
Green Arrow (Transparency = 0) = Representing Main Price Path
Red Arrow (Transparency = 0) = Representing Main Price Path
Green Arrow (Transparency = 30%) = Representing Alternate Price Path
Red Arrow (Transparency = 30%) = Representing Alternate Price Path
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.