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.
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.
Malaysia FBMKLCI Movement
- Break down into downtrend since October 2018.
- Index recovery ended at its long term trend resistant (red line).
- Index continuous retracement towards its Year 2018 low 1,626.
Bullish Movement Stocks
- Spot for stocks that are moving from a long term downtrend into a long term uptrend.
- Ride on their bullish long term uptrend movement.
- Avoid holding onto a stock moving into a long term downtrend.
Apply the Position Trend Following Strategy into your analysis
Spot for Bullish Trend and Position inside to ride on the trend
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