KLSE Technical Analysis
ESCERAM is Heading to RM0.30/0.41
Technical justification
Weekly trend is ABC correction, Wave B is just completed with Expanded Triangle, Wave C uptrend is being develop and immediate tareget is 0.29/0.40
Expanded Flat
Daily trend is 2 wave 3 time frame is poiting to up, immedited target is 0.30/0.365
MACD signal just cros which is indicate bull signal, RSI and Stochastic is show bullish covergent(no divergent), which is bullsih implication.
Long Term Investor
This is a very positive signal! What are you waiting for? Now even 5 consecutive wave degrees show a clear POSITIVE trend and it is inicates that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration!
This is a very long term signal for institutional investors since it starts with the Cycle wave degree followed by the primary and Intermediate wave degrees. The target of the Intermediate wave degree, which is in wave 2, is the most conservative target to reach at
0.41 or percentagewise 48.7%
Short/Med Term
Action : Long/buy, 5 wave degrees uptrend
Type signal : BREAK OUT,conservative
Applies to : Insitutional investors
Conservative Target :0.30
2nd Target :0.38
Earlier Exit Alert :0.24
Late Exit Alert :0.22
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on KLSE Technical Analysis
Nov 20th : Market Report on Vivocom. Close $1.74 with volume 68.24m.
Created by mwong3 | Nov 21, 2020
Nov 18th : Market Report on Vivocom. Close $1.86 with volume 33.4m.
Created by mwong3 | Nov 18, 2020
Nov 18th :Morning Session Vivocom cosed $1.83 with volume of 23.1M.
Created by mwong3 | Nov 18, 2020
Discussions
Be the first to like this. Showing 13 of 13 comments
KLSE TA... Good job done and you are great man !!! I love you....Yahooooo
2015-03-10 18:55
best prediction of century! tong tong chiang!
also look into >>>>> CME and Glotec <<<<<<<
make money ! make money! kokkokoookkkkkk
2015-03-10 19:17
Thank you very much... you are most welcome and feel free to share and learn in my blog. KLSE Technical analysis
2015-03-10 19:22
Icon888 ... agreed ..27 is resistance and broken and today tested 2x,this confirm breakout is valid, I do see it should move up futher
2015-03-10 20:40
free up some cash...besides every 1share sold can buy 2 shares of supercomal ;)....still got plenty to sell though
2015-03-10 21:28
it all about probability and risk management... happy to see ppl learn and growth together
2015-03-10 23:16
see...good to sell into the rally...can consider to collect back if 24 or 22
2015-03-18 22:29
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
Koon Yew Yin's Blog
3
Good Articles to Share
5
BFM Podcast
6
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
7
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
Icon8888
Nice chart with the green and orange, very easy to read
2015-03-10 13:16