Bursa volume of trading will contribute to its earning, hence justified the price increase.
The chart shows the trading ideas previously in expectation of Covid-19 demise. Low and bottom feeder.
Then due to stimulus plan, Bursa rebounded strongly, meeting the expectation. MCO contributed positively to market as a whole, and specific to Bursa.
We had seen ABSORPTION in the congestion area, signifying SOS in our Wyckoff assessment, circa the yellow box below RM6.
Then the trading volume surged from decent 3-5b to 9-14b. And we opined to always enter during temporary weakness (BOW).
#WyckoffMethod
The chart shows the trading ideas previously in expectation of Covid-19 demise. Low and bottom feeder.
Then due to stimulus plan, Bursa rebounded strongly, meeting the expectation. MCO contributed positively to market as a whole, and specific to Bursa.
We had seen ABSORPTION in the congestion area, signifying SOS in our Wyckoff assessment, circa the yellow box below RM6.
Then the trading volume surged from decent 3-5b to 9-14b. And we opined to always enter during temporary weakness (BOW).
#WyckoffMethod