(Price Correction)
A correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation. Corrections are generally temporary price declines interrupting an uptrend in the market or an asset.
(Uptrend)
DEFINITION of ‘Uptrend‘ Describes the price movement of a financial asset when the overall direction is upward. A formal uptrend is when each successive peak and trough is higher than the ones found earlier in the trend.
(Position Entry)
Position Entry is the timing for an investor or trader to position they buying point onto a stock while pending for it’s price action and volume to take place riding the continuous trend.
(Trading Plan)
WHEN an investor or trader decides to position into a particular stock, he/she must prepare at 1) what price range is the entry pricing zone, 2) shall price reacts the opposite at what price range is the stop loss pricing zone, 3) as profits starts building up when to take profits.
Malaysia FBMKLCI
- Malaysia FBMKLCI recent price correction retrace back to its crucial support 1,841pts (Sandwich Box) support.
- Climb back up above its 1,841pts (Sandwich Box) support.
- On set to break historical high?
- Good news to the futures trader on the FKLI.
- Market sentiment remain bullish.
How well does your stocks move now?
Are you holding onto or trying to catch a rotten trending stock now?
- Since May 2017, fallen into a Big Price Correction technically.
- Since then no evidently proven trend reversal seen on the moving averages.
- Price been trending lower and lower.
- Despite being CHEAP, it is as good as trading for short term rebound ONLY.
- Until its price has proven evidently with a shift of trend in the near future.
- Since November 2017, fallen into a big price correction technically.
- Price been trending lower and lower.
- Only as good as for trading short term rebound.
- Until evidently proven there is a shift on its trend in the near future.
- Price fallen into big price correction since June 2017 technically.
- Price been trending lower and lower.
- January 2018, price has evidently proven to change the trend into a big price rally.
- Current price support is crucial.
- Watch for a progressive rebound turn rally to break further high.
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Know the basic on the current trend
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