There's signed of making Higher High and Higher Low. Meaning, potential trend change to upward. Price gapped up and managed to stay above EMA50 - It's a SIGN of bullish but BEAR is not giving up YET. (TURTLE Rainbow still RED). But still a good sign. Price stay above EMA200 giving hope for long term investor to hold (If you are long term investor, EMA200 is your key support area). FIFT spike few days ago and stay +VE. Meaning BULL is starting to gain control and getting stronger. Bull starting to move above ATOM River but the river not yet expand. MCDX Retailer % (GREEN BAR) has reduced to below 50%.. A good sign BUT BANKER % still below 25% (BANKER INTEREST STILL LOW BUT IMPROVE). Meaning, YELLOW BAR still around 50%. That mean your fund might get trapped with BULL and BEAR fights
TG need to continue to stay above 6.7 (above EMA50 to be considered as bullish)...
評論
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First attempt failed. Back to support zone
This week, TG need to break and close above 6.3 in order to see sun light..
Thanks for creating the MCDX indicator! Very good for Malaysian stock. Hope you win tonnes for CNY!
fightingdragons
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Any thoughts on TG or Supermax after Friday's price action? Warrant expiry so I doubt it will go up early next week. Hopefully towards end of the week as we run up to QR on 11 March.