[Bullish Trend]

A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.

[Bearish Trend]

A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.


FBMKLCI Daily Chart

2018Sep-FBMKLCI-1000x600

  • Bearish Trend formation in the month of May 2018.
  • Bullish Trend formation in the month of August 2018.
  • Recent correction supported on the Bullish Trend support.
  • Upside remain intact while keeping downside risk on the Bullish Trend Support.

Bearish Stocks Movement

2018Sep-GAMUDA-1000x600

  • Bearish Trend formation since May 2018.
  • Price rebound failed each time without a complete trend reversal into Bullish Trend.
  • Downside risk remain intact in a bearish trend stock.

2018Sep-SAPNRG-1000x600

  • Bearish Trend formation since May 2018.
  • Each price rebound failed without a complete trend reversal into a Bullish Trend.
  • Downside risk remain intact until evidently proven a trend reversal occurred.

Bullish Stocks Movement

2018Sep-MYEG-1000x600

  • Bearish Downtrend formation since May 2018.
  • Bullish Uptrend formation since August 2018.
  • Upside movement remains intact.

2018Sep-EFORCE-1000x600

  • Bearish Downtrend formation since January 2018.
  • Bullish Uptrend formation since August 2018.
  • Upside movement remains intact.

Read up on how the U.S dollar slump benefits the KLSE market

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