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.
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
- 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
Nov 12nd : Market Report on Vivocom. Close $1.55 volume 77.31m
Today is the 9th day of Vivocom’s incredible rally which looked unstoppable and set to reach another new high.
Here are today’s highlights:-
1) As I pointed out yesterday Vivocom will continue its very bullish uptrend for at least another several days and perhaps even weeks.
2) As it turned out, my 1st prediction was right, today’s 11.5% rally with a closed white candle served as the confirmation.
3) I believe the price rally will persist and keep going as the following clear and strong evidences emerge :-
A)A most prominent bullish candle pattern of 3 white solders has taken shape, supported by very healthy Price & Volume rate of change. This means that there is a high probability that very strong, robust and aggressive buying interest has entered into Vivocom which will continue to drive the price up with heavy volumes& fantastic liquidity.
B)Elliot wave chart pattern extended wave 3 has been definitively formed and I see several new wave structure come into formation (picture 1),which wave 3/5/3/3/3, these news wave structure indicate that it’s reasonable and realistic to see a new set of target prices such as $1.83/$2.07/$2.18/$2.30/$2.45 beginning to take shape.
C)the 15 Min chart of flag pole couple with hanging man(picture 2)formation has also clearly emerged, with Immediate support anchored at $1.52 strongly by traders/investors with determination and this was most convincinglyband cohesively on full display 30 min before market closed.
D) During the last 15 min pre closing, there appeared furious and frenetic of matching trades concluded with 8 million shares done !
Based on these technical indicators I can foresee if tomorrow Vivocom break above 1.55, it will set forth another day of vigorous and powerful Rally.
It looks to me this Vivocom Rally is most unique and sustainable as it enters into a 10th day SURGE!!!
Most Rally run of steam after usually two or three days but not Vivocom.
Most Rally usually have more seller than buyers as insiders unload their shares to the unsuspecting public.
In Vivocom’s today’s buy up rate was 59.1%, more buyers are continuing to chase Vivocom’s shares higher n higher.
An Emerging Darling Stock Indeed. VIVOCOM 0069!!!
Today is the 9th day of Vivocom’s incredible rally which looked unstoppable and set to reach another new high.
Here are today’s highlights:-
1) As I pointed out yesterday Vivocom will continue its very bullish uptrend for at least another several days and perhaps even weeks.
2) As it turned out, my 1st prediction was right, today’s 11.5% rally with a closed white candle served as the confirmation.
3) I believe the price rally will persist and keep going as the following clear and strong evidences emerge :-
A)A most prominent bullish candle pattern of 3 white solders has taken shape, supported by very healthy Price & Volume rate of change. This means that there is a high probability that very strong, robust and aggressive buying interest has entered into Vivocom which will continue to drive the price up with heavy volumes& fantastic liquidity.
B)Elliot wave chart pattern extended wave 3 has been definitively formed and I see several new wave structure come into formation (picture 1),which wave 3/5/3/3/3, these news wave structure indicate that it’s reasonable and realistic to see a new set of target prices such as $1.83/$2.07/$2.18/$2.30/$2.45 beginning to take shape.
C)the 15 Min chart of flag pole couple with hanging man(picture 2)formation has also clearly emerged, with Immediate support anchored at $1.52 strongly by traders/investors with determination and this was most convincinglyband cohesively on full display 30 min before market closed.
D) During the last 15 min pre closing, there appeared furious and frenetic of matching trades concluded with 8 million shares done !
Based on these technical indicators I can foresee if tomorrow Vivocom break above 1.55, it will set forth another day of vigorous and powerful Rally.
It looks to me this Vivocom Rally is most unique and sustainable as it enters into a 10th day SURGE!!!
Most Rally run of steam after usually two or three days but not Vivocom.
Most Rally usually have more seller than buyers as insiders unload their shares to the unsuspecting public.
In Vivocom’s today’s buy up rate was 59.1%, more buyers are continuing to chase Vivocom’s shares higher n higher.
An Emerging Darling Stock Indeed. VIVOCOM 0069!!!
Nov 13rd : Vivocom Morning Session closed $1.47 volume 47.4 m
Not surprisingly after 4 straight days of spectacular advances to a high of RM1.55c at yesterday’s close, heavy profit taking activities prevailed and dominated the morning session by weak holderrs and contra traders (BTST strategy) alike, as was clearly captured on 1st 15 min candle.
After which a correction wave structure ABC surfaced to take over and was firmly in control till the market morning session ended.
It can be reasonably put forth that d ABC correction wave was not only short lived but over based on the technical justifications as outlined below :-
1) Wave C showed bullish divergent, it is very commonly used by traders to make judgment that the bear strength is weak.
2) Support zone 1.40-1.45 had been validated 3 times, I observed so much so that whenever prices reached this zone, traders/investors would rush in to snap up whatever was selling, tremendous follow-through buying only seen in a Super Bull stock.
3) the morning session’s PVA showed strong evidence of a reversal candle formation, healthy ROC and sturdy hammer formation at support zone.
I can confidently state that the consolidation sideway activities have prevailed and they will form new impulsive/extended wave 3 structure and an imminent bullish rally will resume again, in all likelihood over next couple of trading sessions.
The morning was indeed a nervy session for weak holders and inexperienced traders. Fear not however as the bears were weak and lacked oomph. The BULLS are still strongly in full command.
I have also been told that many Gurus, savvy traders and heavyweights investors are closely monitoring Vivocom closely cos they are attracted to the strength and power of this super Bull which looks unstoppable despite being slammed down several times.
An Emerging Charging Bull Darling Stock in the Making, that is VIVOCOM 0069.
Not surprisingly after 4 straight days of spectacular advances to a high of RM1.55c at yesterday’s close, heavy profit taking activities prevailed and dominated the morning session by weak holderrs and contra traders (BTST strategy) alike, as was clearly captured on 1st 15 min candle.
After which a correction wave structure ABC surfaced to take over and was firmly in control till the market morning session ended.
It can be reasonably put forth that d ABC correction wave was not only short lived but over based on the technical justifications as outlined below :-
1) Wave C showed bullish divergent, it is very commonly used by traders to make judgment that the bear strength is weak.
2) Support zone 1.40-1.45 had been validated 3 times, I observed so much so that whenever prices reached this zone, traders/investors would rush in to snap up whatever was selling, tremendous follow-through buying only seen in a Super Bull stock.
3) the morning session’s PVA showed strong evidence of a reversal candle formation, healthy ROC and sturdy hammer formation at support zone.
I can confidently state that the consolidation sideway activities have prevailed and they will form new impulsive/extended wave 3 structure and an imminent bullish rally will resume again, in all likelihood over next couple of trading sessions.
The morning was indeed a nervy session for weak holders and inexperienced traders. Fear not however as the bears were weak and lacked oomph. The BULLS are still strongly in full command.
I have also been told that many Gurus, savvy traders and heavyweights investors are closely monitoring Vivocom closely cos they are attracted to the strength and power of this super Bull which looks unstoppable despite being slammed down several times.
An Emerging Charging Bull Darling Stock in the Making, that is VIVOCOM 0069.
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
- 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
Nov 13rd: Market Report on Vivocom. Close $1.50 volume 68.78m.
After 3 days of solid uptrend and advances, the bullish RALLY of Vivocom shares entered into a consolidation phase yesterday.
I must admit I was quietly happy to see it because it is necessary to have a pause n rest before the Bull can continue its ascent again and drive Vivocom’s share price stronger onto another new n much higher level.
For many traders/investors like me will have many questions.
They are :-
1) when will the correction be over ?
2) how to spot next upswing correctly n timely
3)how far more can the share price go up ?
My answers are outlined and explained below with technical justification.
I’m proud to share that my average accuracy for all my past analysis on other stocks I tracked is above 70% successful rate.
However I must say that my accuracy with Vivocom so far for the past 10 days have been above 90%.I’m most proud of my Vivocom’s Technical Analysis.
1st answer , the moment prices go beyond wave b with healthy ROC in 15 min candle, it was a clear indication that the bears have been taken down by the bulls, which I have then concluded the correction is finally over(Picture 1).
2nd answer, I anticipated a small pull back right after price went above wave b, the pull back price level I identified was at $1.48-$1.51 levels where market players rushed in to buy (bull attack ! ) without hesitation. I was correct in picking this golden oppt(good timing) as evidence of traders and investors alike willing commit $ into Vivocom (Picture 1).
3rd answer based on the wave 3/5/3/3 formation, my price projection for next wk is $1.74/$1.93/$2.05/$2.45 (Picture 2).
In short, I can foresee that Vivocom’s price will rise sharply and aggressively right after it breaks above $1.55 after which it will go up again. The new Target Price projection is $1.74/$1.93/$2.05/$2.45 (Wave 3/5/3/3)
Finally in closing, Vivocom is entering a new and exciting phase of scaling new heights to above RM2.50 and RM3.00 levels if the KLSE breaks the1,620 index, hence charting an exuberant underlying market sentiment which add as the catalyst for Vivocom’s charge upwards.
After 3 days of solid uptrend and advances, the bullish RALLY of Vivocom shares entered into a consolidation phase yesterday.
I must admit I was quietly happy to see it because it is necessary to have a pause n rest before the Bull can continue its ascent again and drive Vivocom’s share price stronger onto another new n much higher level.
For many traders/investors like me will have many questions.
They are :-
1) when will the correction be over ?
2) how to spot next upswing correctly n timely
3)how far more can the share price go up ?
My answers are outlined and explained below with technical justification.
I’m proud to share that my average accuracy for all my past analysis on other stocks I tracked is above 70% successful rate.
However I must say that my accuracy with Vivocom so far for the past 10 days have been above 90%.I’m most proud of my Vivocom’s Technical Analysis.
1st answer , the moment prices go beyond wave b with healthy ROC in 15 min candle, it was a clear indication that the bears have been taken down by the bulls, which I have then concluded the correction is finally over(Picture 1).
2nd answer, I anticipated a small pull back right after price went above wave b, the pull back price level I identified was at $1.48-$1.51 levels where market players rushed in to buy (bull attack ! ) without hesitation. I was correct in picking this golden oppt(good timing) as evidence of traders and investors alike willing commit $ into Vivocom (Picture 1).
3rd answer based on the wave 3/5/3/3 formation, my price projection for next wk is $1.74/$1.93/$2.05/$2.45 (Picture 2).
In short, I can foresee that Vivocom’s price will rise sharply and aggressively right after it breaks above $1.55 after which it will go up again. The new Target Price projection is $1.74/$1.93/$2.05/$2.45 (Wave 3/5/3/3)
Finally in closing, Vivocom is entering a new and exciting phase of scaling new heights to above RM2.50 and RM3.00 levels if the KLSE breaks the1,620 index, hence charting an exuberant underlying market sentiment which add as the catalyst for Vivocom’s charge upwards.