CAELY HOLDINGS (KLSE: 7154): 28 Nov 2020

  

CAELY HOLDINGS (KLSE: 7154):

28 Nov 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals on CAELY HOLDINGS (KLSE: 7154). The accumulation is in ending phase, perhaps in last minor shakeout before it will soar up high in 2021. The light orange change in trajectory is a show of strength in the stock. 

The Donovan Norfolk Technical Analysis on CAELY HOLDINGS:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Updated Technicals of Glove Stocks such as Topglove and Careplus: 16 Nov 2020

 

Updated Technicals of Glove Stocks such as Topglove and Careplus:

16 Nov 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals on Glove Stocks. The first red circled region is my initial technical buys established in 2017 on glove stocks (refer to glove stocks' analyses such as Careplus). The 2nd red circled region is my technical analysis sells as shared on my FB Wall Analyses before prices started to fall with acceleration (i.e. sharply). The prices have started to fall with stronger and stronger magnitude per my analyses, and before they moved. Based on volume flow, the plunge is far from over. Retailers will start to trample on retailers resulting in sharper falls. As there is no shorting mechanism as yet, there will be not much buy queues from short-sellers leading to even worse falls when retailers trample on one another.

The Donovan Norfolk Technical Outlook on Gloves:
Highly Bearish

Related:

http://donovan-ang.blogspot.com/2017/06/carepls-klse-0163-6-june-2017-tuesday.html

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence.