To all my readers
- my name is Jason Wong and i am self-employed full time trader. I am involved in the equity markets since 1997 and ventured into TA in 1999, i share TA views on social media with 20K readers and followers - majority of them are from FB, Telegram and blog, named Elliot Wave Technical Analysis.
- I share analysis about stocks or projected directions from the TA point of view, I am Specialist in Elliott Wave, VSA, PAT and Chart patterns.
- I am Succussful guest speaker for Macquare and join effort to conduct several TA training
- Invited by kenanga and share investor as a guess speaker to conducts TA sharing in Bursa Malaysia and Security commission
- The content on this site is provided as general information only and should not be taken as investment advice.
- All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument.
The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility.
- Consult your investment adviser before making any investment decisions
- If you feel the information I share is good and u may share this link to invite friend to join us to learn together Telegram : https://t.me/KLSETA
Youtube https://www.youtube.com/channel/UChd2fMmpBkP6nHEo_pBoo4w
YouTube
KLSE Technical Analysis Jason Wong
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
- my name is Jason Wong and i am self-employed full time trader. I am involved in the equity markets since 1997 and ventured into TA in 1999, i share TA views on social media with 20K readers and followers - majority of them are from FB, Telegram and blog, named Elliot Wave Technical Analysis.
- I share analysis about stocks or projected directions from the TA point of view, I am Specialist in Elliott Wave, VSA, PAT and Chart patterns.
- I am Succussful guest speaker for Macquare and join effort to conduct several TA training
- Invited by kenanga and share investor as a guess speaker to conducts TA sharing in Bursa Malaysia and Security commission
- The content on this site is provided as general information only and should not be taken as investment advice.
- All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument.
The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility.
- Consult your investment adviser before making any investment decisions
- If you feel the information I share is good and u may share this link to invite friend to join us to learn together Telegram : https://t.me/KLSETA
Youtube https://www.youtube.com/channel/UChd2fMmpBkP6nHEo_pBoo4w
YouTube
KLSE Technical Analysis Jason Wong
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Nov 11st : Morning Session Vivocom closed $1.41 with conviction & volume 88M.
What a stupefying n yet stupendous performance with a 22c or 18% increase in share price from $1.19.
Here are the highlights for the session:-
1) Strong bullish opening this morning on 15 min candle , 13.7 million share traded, this indicates heavy and massive traders and investors bullishness on Vivocom.
2) 15 min chart clearly displayed a very healthy uptrend pattern with PVA confirming that the very BULLISH momentum will relentlessly continue for the next several trading sessions (picture 1).
3) 5 min chart forming triple Zig zag, which is WXYXZ, each ABC retracement to be between 23.6% to 50%, this is a strong indication that bullish traders/investors are preparing to scale in on Vivocom or collect position whenever a pull back occurs during the rally.
Based on the above charts displaying very positive and strong signals, I confident my daily wave 3 target of $1.57 will reach in very near term {261.5% extension of wave 1 } and I raise my Wave 3 target change to $2.30 {423.6% extension of wave 1 } as I start to see more and more formidable and powerful bullish internal waves structure being formed and clearly starting to take hold.
Vivocom is a screaming buy undoubtedly!!!
Happy Trading as Happy Days are ahead for the true believers of Vivocom who are now its loyal followers and shareholders.
What a stupefying n yet stupendous performance with a 22c or 18% increase in share price from $1.19.
Here are the highlights for the session:-
1) Strong bullish opening this morning on 15 min candle , 13.7 million share traded, this indicates heavy and massive traders and investors bullishness on Vivocom.
2) 15 min chart clearly displayed a very healthy uptrend pattern with PVA confirming that the very BULLISH momentum will relentlessly continue for the next several trading sessions (picture 1).
3) 5 min chart forming triple Zig zag, which is WXYXZ, each ABC retracement to be between 23.6% to 50%, this is a strong indication that bullish traders/investors are preparing to scale in on Vivocom or collect position whenever a pull back occurs during the rally.
Based on the above charts displaying very positive and strong signals, I confident my daily wave 3 target of $1.57 will reach in very near term {261.5% extension of wave 1 } and I raise my Wave 3 target change to $2.30 {423.6% extension of wave 1 } as I start to see more and more formidable and powerful bullish internal waves structure being formed and clearly starting to take hold.
Vivocom is a screaming buy undoubtedly!!!
Happy Trading as Happy Days are ahead for the true believers of Vivocom who are now its loyal followers and shareholders.
Nov 11th : Market Report on Vivocom. Close $1.39 volume 112.3 m
Powerful and convincing close from morning session at $1.19 to $1.39, up 20c in one session alone, it augurs very well for tomorrow’s outlook.
I am anticipating that Vivocom will continue several days or weeks of bull rally.
My conclusion is based on technical justification outlined below :-
1) Today Price & Volume rate of change is 16.8% & 73.7% respectively, a very bullish and strong indication that tomorrow will have another day of powerful rally with white candle and the return should above 10%.
2) Elliot wave chart pattern wave 3/3/3 with target of $1.57/$2.18/$2.30.
3) Pennants formations have taken shape on 15 min chart(picture 1), a strong & clear signal of continuation patterns, where a period of consolidation with lower volume shall persist. I am anticipating there will be breakouts occuring with much higher volume.
4)The target projection after breakout away from resistance($1.45) is $1.45+$0.40 = $1.85 (Picture 2)
In closing, I’m confident Vivocom will continue to outperform and soar with determination and persistence in the next several trading sessions to reach its high steadily yet without a doubt surely all the way from the current $1.39 to $1.45/$1.85 to $1.57/$2.18/$2.30.
The outlook for Vivocom is indeed rosy. Happy Trading.
Powerful and convincing close from morning session at $1.19 to $1.39, up 20c in one session alone, it augurs very well for tomorrow’s outlook.
I am anticipating that Vivocom will continue several days or weeks of bull rally.
My conclusion is based on technical justification outlined below :-
1) Today Price & Volume rate of change is 16.8% & 73.7% respectively, a very bullish and strong indication that tomorrow will have another day of powerful rally with white candle and the return should above 10%.
2) Elliot wave chart pattern wave 3/3/3 with target of $1.57/$2.18/$2.30.
3) Pennants formations have taken shape on 15 min chart(picture 1), a strong & clear signal of continuation patterns, where a period of consolidation with lower volume shall persist. I am anticipating there will be breakouts occuring with much higher volume.
4)The target projection after breakout away from resistance($1.45) is $1.45+$0.40 = $1.85 (Picture 2)
In closing, I’m confident Vivocom will continue to outperform and soar with determination and persistence in the next several trading sessions to reach its high steadily yet without a doubt surely all the way from the current $1.39 to $1.45/$1.85 to $1.57/$2.18/$2.30.
The outlook for Vivocom is indeed rosy. Happy Trading.
Forwarded from Joel99
VIVOCOM - INITIATION OF COVERAGE (11 NOV 2020) https://klse.i3investor.com/blogs/see/420574.jsp
I3Investor
VIVOCOM - INITIATION OF COVERAGE (11 NOV 2020)
Vivocom- WE $0.880 : That it’s the cheaper version of the mother share , also good liquidity for a warranty n that it still has two years before expiry. Mother share looking very strong n with the SIM looks like going from strength to strength so WE represents good value for money
Nov 12nd: Morning Session Vivocom closed with quiet conviction yet convincingly at $1.47 volume 49.75m.
Vivocom delivered and performed admirably this morning without too much fuss and unnecessary frenzy. Here are the highlights:-
1) 3 pips gap up away from yesterday closed, volume traded 9.5 million shares and breakaway from 15 min pennants formation. Beautifully delivered, with calm understated determination.
2) Then a powerful follow through candle continued up with volume, total 9.3% gain in 30 min, it was a great indication and confirmation of the steadfast bullishness of traders and investors shown since 10 days ago.
3) As expected, there were some profits locking in which took place and a small pull back occured, with an immediate retest support at $1.40, a healthy condition indeed. It was transient only as I observed investors/traders jump in at this level and bought up without hesitation.What a show of bravado, even arrogance if I may add.
4) Vivocom’s share price immediate rebounded sharply and formed long legged doji, followed by sideway (10 candle) with immediate support erected without equivocation at $1.45. Literally saying, “Hit me baby one more time” with nonchalance.
In summary I am pleased to state categorically the persistent bullishness on Vivocom will persist simply because I observed traders/investors have bought in and continuing to buy without hesitation at the two crucial support levels at $1.40 and $1.45.
From the bravado displaysed by the buying support, I remain supremely confident that Vivocom will steadily n surely creep up after breakout away from $1.52 and head to Pennants target $1.45+$0.40=$1.85.
I can feel in my bones that it will happen. Only a question of when and in what degree of robustness, superior liquidity and understated bravado which have been clearly exhibited for all to see today at $1.45 strong support.
Come baby “Hit Me Baby One More Time” at $1.45 only aar, hahahahaha.
Happy Trading n go play that song by Britney Spear.
Vivocom delivered and performed admirably this morning without too much fuss and unnecessary frenzy. Here are the highlights:-
1) 3 pips gap up away from yesterday closed, volume traded 9.5 million shares and breakaway from 15 min pennants formation. Beautifully delivered, with calm understated determination.
2) Then a powerful follow through candle continued up with volume, total 9.3% gain in 30 min, it was a great indication and confirmation of the steadfast bullishness of traders and investors shown since 10 days ago.
3) As expected, there were some profits locking in which took place and a small pull back occured, with an immediate retest support at $1.40, a healthy condition indeed. It was transient only as I observed investors/traders jump in at this level and bought up without hesitation.What a show of bravado, even arrogance if I may add.
4) Vivocom’s share price immediate rebounded sharply and formed long legged doji, followed by sideway (10 candle) with immediate support erected without equivocation at $1.45. Literally saying, “Hit me baby one more time” with nonchalance.
In summary I am pleased to state categorically the persistent bullishness on Vivocom will persist simply because I observed traders/investors have bought in and continuing to buy without hesitation at the two crucial support levels at $1.40 and $1.45.
From the bravado displaysed by the buying support, I remain supremely confident that Vivocom will steadily n surely creep up after breakout away from $1.52 and head to Pennants target $1.45+$0.40=$1.85.
I can feel in my bones that it will happen. Only a question of when and in what degree of robustness, superior liquidity and understated bravado which have been clearly exhibited for all to see today at $1.45 strong support.
Come baby “Hit Me Baby One More Time” at $1.45 only aar, hahahahaha.
Happy Trading n go play that song by Britney Spear.