Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -4G1R(Bearish)
4) RSI - Heading towards 50% and below (Bearish) -
5) Sto - Formed Bearish Crossover and broke below 30% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - 3 Strong Black Crow (Bearish)
7Points
Winner Bear ( Throw down wrestling style)
KLSE crashing down even with Dow going up 4 days in a row. which shows that profit taking or correction is on the way ( Switch my unit trust to Bond First). Please watch aside first before going into the market. Notice why i did not post any stock because all the stock are selling down which is about 80% chances it will go down. Now i am trading longing gold for long term before going into KLSE market agian
KLSE crashing down even with Dow going up 4 days in a row. which shows that profit taking or correction is on the way ( Switch my unit trust to Bond First). Please watch aside first before going into the market. Notice why i did not post any stock because all the stock are selling down which is about 80% chances it will go down. Now i am trading longing gold for long term before going into KLSE market agian
Entry Price 1483
Resistance at 1493
Support a 1422 and 1394
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
1409 is the capulation point. STRONG BUY UEMLAND at 1.75 cannever go wrong
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