When an "Evening Star" candlestick pattern appears on a stock chart, it suggests that an uptrend is ending and a downtrend is beginning. The Evening Star pattern consists of three candlesticks: a large bullish candle (Day 1), a small-bodied candle (Day 2), and a large bearish candle (Day 3). The appearance of the Evening Star pattern is considered a bearish...
Hapag-Lloyd, the world's fifth largest container shipping company in the world, has halted its activities in the Red Sea. MSC, the largest shipping company, and Maersk, the second largest, have also announced that they wish to avoid the Red Sea. We can expect total disruption to logistics lines and a massive increase in the price of consumer goods. This is...
Then MYR will reach RM5 at the end of this 2023. Let's call it NTRMN but now it is getting worse than before. The worst in 25 years has been achieved
RHB Research has not ruled out that the Ringgit may hit RM5.00 against the US dollar in the medium-term. The forecast from the research house comes as the initial short-term target of 4.60 was surpassed today, leading to a revised near-term target of 4.70, with a potential print at RM4.75.
I pr3dict i5 will complete wave c in weekly tf at Fib 1.618 or 1.
Axiata Group Bhd is planning a RM7.1 billion worth of capital expenditure in 2023 from RM6.6 billion last year, with the major investment for expansion of its Indonesian venture and its tower business. The group intends to keep both the Digi and Celcom brands in the market for now, with the network integration seen happening over the next two years. “I think a...
STEEL bar manufacturer Malaysia Steel Works (KL) Bhd (Masteel), whose stock price has jumped 60% over the past month, is said to be a takeover target of a Bursa Malaysia-listed integrated builder conglomerate, according to market sources. “A locally listed building materials distributor, which has been actively acquiring companies and businesses in recent years,...
If able to sustain/maintain above 0.35-0.37 means that there is hope for W5 to 0.45 or above
Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.
Monitor the trendline, I think and forecast that W4 will complete soon, then W5 will assume next year. Morgan Stanley recommended the stock. "We anticipate a semiconductor cycle recovery in 2H23 and suggest bargain-hunting in quality stocks right now. TSMC is our top pick," the investment bank said in a Tuesday note. It characterized TSMC as "the enabler of...
The Dow Jones Industrial Average fell sharply on Friday afternoon, losing over 700 points. This drop brought the Dow to its lowest level of 2022 and placed it in bear market territory — commonly defined as a drop of 20% or more from recent highs — before a slight rebound at the end of the trading day. The Dow still closed in the red, with a single-day loss of...
Then on the way to sub wave 3 to complete W5 . This is my prediction only.
My prediction is Google will complete sub wave 5 in wave C correction and I hope it will end at USD1888 or Fibonacci Retracement 0.382.
I think it will drop to $500 to complete correction wave C.
I predict that the price will drop to fib retracement 0.618 first. wait for correction to complete. If the gap to be closed then wait at Fib 0.786 lol..
This is my prediction for TENAGA . 100% wrong is in hand and if it goes right then its only coincidence. Possible places to monitor is @Fib 0.786- soon then it will rebound from there to make Impulsive wave 12345
Monthly Time Frame My forecast for long term move on Monthly TF, our KLCI will continue downtrend to complete correction wave at around 1237 points as long as price didn't break previous extreme high at 1900. I forecast that Correction will be in triangle pattern and at the same time will complete sub wave 4 then will make a drop to fibo 0.382 at 1237 point to...
My prediction it will reach the middle of the green box.