DSELE99

Bursa's Technology sector still bearish....

MYX:TECHNOLOGY   Bursa Malaysia Technology Index
Daily : might pullback. Always protect the downside. Need to break the downtrending line (pink) to awaken the bull 🐂

Weekly : it's oversold. An opportunity?
Some may think it's good bargain. But in other way, people reject the price and let it getting lower. OS doesn't mean it will up on the next trading days.

>> Overall it may pullback, wait for better signal to enter market.

Every time one person buy, another sell, both think they are astute.

°° I often aim for overbought, in which where the big boy will pump higher (the big money come). Believe it or not? Check your own indicators and picture always tell story.

When a stock / index has gone up substantially, we must be more care if we decide to get involve in it...
monitor closely and be agile....
we cannot PREDICT what definitely will happen ~ we can only RESPONSE to what we see!



Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
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