From my analysis: Finance & Consumer Sectors is bullish and very suitable for short term trader
My Charting analysis (short-term trading)
Finance Sector
Indicator Bollinger bands: form upper curve & reverse to uptend sign
Indicator adx: showed strong uptrend
Indicator STO slow:
Still below 80 showed oversold timing & broke above 20 reference line
Indicator volume: less people to sell & ready to change direction
Suggestion counter to buy:
BURSA (Counter code: 1818)
resistance level: RM8.24
support level: RM8.00
CIMB (Counter code: 1023)
resistance level: RM8.14
support level: RM7.83
Consumer Sector
Indicator Bollinger bands: form upper curve & reverse to uptend sign
Indicator adx: showed strong uptrend
Indicator STO slow:
Still below 80 showed oversold timing
Indicator volume: less people to sell & ready to change direction
Candle pattern: rising window
QL (Counter code: 7084)
resistance level: RM3.075
support level: RM2.96
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