Comment :
1) TrendX+ indicator - candlestick still wandering below trend line, mid-term downtrend
2) DDX+ indicator - although fund candlestick has breakout trend cross and now has supporting, however it is still under zero-axis, take cautious trading at this point
3) MCDX+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50%
4) Micron currently having a technical rebound after a brutal fall since Feb'2022, It will be facing a resistance test at neckline very soon. Be ready to go south:-
> If the stock doesn't breakout
> If the stock false breakout on neckline A
Support & Resistance :
R : Neckline A
Remark :
- Length of ab=cd
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
1) TrendX+ indicator - candlestick still wandering below trend line, mid-term downtrend
2) DDX+ indicator - although fund candlestick has breakout trend cross and now has supporting, however it is still under zero-axis, take cautious trading at this point
3) MCDX+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50%
4) Micron currently having a technical rebound after a brutal fall since Feb'2022, It will be facing a resistance test at neckline very soon. Be ready to go south:-
> If the stock doesn't breakout
> If the stock false breakout on neckline A
Support & Resistance :
R : Neckline A
Remark :
- Length of ab=cd
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.