Had a good run on Technology Stocks
Malaysia's Technology Sector still bullish.
100% gain since 25 Mar and no sign of slowing down.
However, Technology Select Sector SPDR Fund (XKL) which consist of major US technology counters such as Apple, Microsoft, Intel, NVIDIA, Adobe
While still bullish and uptrend, but there's sign of BEARISH divergence where Index is making higher high but FiFT and MACD is making Lower High.
Recently -Ve FiFT (Bear Force) with Overbought (OB) signal is appearing much more frequent.
Technology stocks are still bullish but Buy on Breakout strategy might fail. May apply Hit and Run instead.
Malaysia's Technology Sector still bullish.
100% gain since 25 Mar and no sign of slowing down.
However, Technology Select Sector SPDR Fund (XKL) which consist of major US technology counters such as Apple, Microsoft, Intel, NVIDIA, Adobe
While still bullish and uptrend, but there's sign of BEARISH divergence where Index is making higher high but FiFT and MACD is making Lower High.
Recently -Ve FiFT (Bear Force) with Overbought (OB) signal is appearing much more frequent.
Technology stocks are still bullish but Buy on Breakout strategy might fail. May apply Hit and Run instead.
Note
take note that Malaysia's technology index never rally more than 110%..Note
JTIASA - Watch out for .61Note
Post at wrong sector.. JTIASA should be in PLANTATION.
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Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.