KAWAN make a breakthrough from triangle pattern at last Friday. So, like this kind of trend is a good chance to speculate when notice a reversal signal, so I predict 3.34 is possible in a short term.
Now is very close to the first resistance line and anytime will turn down. Conversely, if wish to turn into bullish, then is a must to breakthrough the first resistance line at 3.26, next is to develop a consolidation zone for at least 2 month times to digest the head position, after that breakthrough 3.42 than only preliminary bull trend is formed.
But, If observed from weekly chart, then a long term trend can be seen clearly. Even though after the consolidation zone, but it just construct a M head pattern only from weekly chart. Unless it breakthrough 4.00, or else it will just make a bigger head, which to trap more money from retailer. If according to my analysis, once the second uptrend target price is reached, that usually is a top price. Except, another QE is coming, otherwise the best way to digest a head position is to introduce a Big Polar Bear.
So, I think current trend is disadvantage for long term investment, however, short term maybe still can make some fast money. Anyway, regardless long term or short term, eye on support & watch your risk.
KAWAN在上周最后的一个交易日作出了三角收敛突破。
以技术分析的投机者,一旦看到翻转讯号后通常都会在下一两个交易日进场,等待的就是这样的突破,而这一波的涨幅预测可以到大约3.34。
目前已经很接近第一道阻力,随时都会转弯往下。反之,如果是要由空转多,就必须能突破第一道阻力,还要在大概3.26以上震荡一段至少两个月的时间以消化头部的压力,然后再突破3.42,那么初步的多头趋势才算可以形成。
如 果从周线来看,就更清楚看得出长期走势的发展,就算可以渡过两个月的震荡期然后突破,但是对周线来说也只是在筑M头,除非最后可以突破4.00,要不然也 只是在做出一个更大的头部,套更多的资金而已。如果以我的技术分析,一旦第二波涨幅出现后,计算出来的涨幅价位,通常都是头顶价位。除非,出现再一波的资 金浪潮,不然消化头部最好的方法,就是出现一波空头调整。
所以,我认为长期投资在现在的这个趋势没有优势,相反,短期投资也许还可以赚多这个波段。无论如何,不管长期还是短期,看好支撑,看好风险。
KAWAN (7216) - My Views On The Future Trend of KAWAN http://trendingline.blogspot.my/2016/06/my-views-on-future-trend-of-kawan.html?spref=fb