Well Done Tech!
Tech monthly chart.
Very nice rejection at RBS. Confluence with the target of bearish cb1.
1. March candle: Hammer on a sharp downtrend. This is reversal candle. But it may take quite some time to prove its reversal effect. Selagi tak breakout the confirmation level kita boleh kata tech mungkin akan sideways sahaja. Pilih mahu pecah ke atas atau ke bawah. Kalau ke atas, the major trending may resume. Pecah kebawah so its a valid downtrending.
This hammer at least give us the sign of weakness in its trending downside.
2. So far bullish cb1 yang mencetuskan uptrend selama ini dah pun hit TP2. Memang masa yang tepat untuk rehat.
Pullback with cb- kita mengaggarkan ia pullback yang major, and time consuming before resuming its major uptrend.
3. MAs in stage2. There is possibility the price will down further to test MA50.
Tech monthly chart.
Very nice rejection at RBS. Confluence with the target of bearish cb1.
1. March candle: Hammer on a sharp downtrend. This is reversal candle. But it may take quite some time to prove its reversal effect. Selagi tak breakout the confirmation level kita boleh kata tech mungkin akan sideways sahaja. Pilih mahu pecah ke atas atau ke bawah. Kalau ke atas, the major trending may resume. Pecah kebawah so its a valid downtrending.
This hammer at least give us the sign of weakness in its trending downside.
2. So far bullish cb1 yang mencetuskan uptrend selama ini dah pun hit TP2. Memang masa yang tepat untuk rehat.
Pullback with cb- kita mengaggarkan ia pullback yang major, and time consuming before resuming its major uptrend.
3. MAs in stage2. There is possibility the price will down further to test MA50.