A level of important price resistant for price to surpass and also a level of important price support to maintain above. Price trading above the RALLY POINT will mean more upside price action ahead.
A zone where price is deemed WEAK in the short term period. Only progressive rebound can be seen trading in the short term. But failing to SURPASS the RALLY POINT will only put the price into a longer term of downtrend price action.
As mentioned in our recent TFM Eagle Eye Newsletter Issue #289 & #290 the Small/mid caps stocks and Penny stocks that have both been through 6 months of market correction are at their rock bottom support painting beautiful trend of charts churning out opportunities. Small/mid Caps and Penny stocks will be seen with the first wave of buying opportunities in the KLSE market. While the mass are still focusing and worrying on the “Trade Wars” news, look out for opportunities instead! Be Greedy When Others Are Fearful!
Some Bull Trend Stocks
TFM Eagle Eye Newsletter Issue #291 will be released on the (07.07.2018)