KLSE in downtrend mode

KLSE look it is in downtrend mode..

Trend - Bearish
Still continue to break lower low.

MACD - RED RED RED and at negative zone ( Bearish)
RSI - Testing 30%
STO - Broke 20% and below ( Bearish)

Resistance 1550, 1566 and 1592
Support 1525, 1521, 1509 and 1494

MKH Forming at Bullish Flag

This baby has bounced up to 20% within a week and now it is taking profit with reducing volume. This could be a potential Bullish Flag but need to be cautious as it could be a 2 sided blade.

Uptrend with Bullish Flag
MACD - 4R1G - Bearish -- It could be due to profit taking or big fish getting out from the boat

RSI - Reducing toward 70 - A bit bearish
Sto - Bearish Crossover

Entry at = 2.42
Stop Loss 2.32
Take Profit  2.5, 2.6 and 2.86( Bullish Flag Profit)
                 

Kimlun formed higher low

1) Uptrend
2) Higher low - Bullish
3) MACD- 4R1G (Bullish reversal)
4) RSI - If break above 50% then will indicate bullish
5) Sto - If rebound toward 50% hen will indicate bullish

Entry Price at 1.6 and above ( at the closing price)
Take Profit - 1.69 and 1.8 ( Best to sell 1 or 2 cents before the take profit)
Stop loss at 1.56