One of the worst nightmare for traders & investors is getting trapped at the high price. Let’s avoid this unnecessary stress by knowing the overall market trend. Ride it when it is moving up, stay out of it when it is going into a retracement.
In order to react before every trend reversal, we can’t rely on the news or the indicators for the signals to retrace. Because these sources of information are based on what is HAPPENING in the market, which means the market is already down/up. That’s why investors who rely on news or traditional analysis are always late to react. Always enter at the high price & cut loss when the market is down.
We have a way to help everyone to react before the price is down or up with price & volume analysis AKA R&S Operator Analysis. Remember to follow us on Facebook or YouTube, if you find this blog helpful.
What is going to happen in Malaysia stock market in the coming trading days
Since last week [ 21 Mar 2022 - 25 Mar 2022 ], most of the stocks in the market are showing signs of retracement from the previous rebound. The previous rebound from the low for some sectors are showing price & volume action of accumulation, which is good news. However, the stock prices are trading sideways with low volumes & fluctuations after the rebound. These price movements are showing that the big boys are not willing to accumulate more at the current price & are waiting for the price to fall lower for the next round of accumulation.
But take note, some stocks rebound not because of accumulation, it is just attracting buyers for profit taking at the low.
The RM 1 & above stocks have gone through the above price movement and we might see the retracement is ending soon. But the penny stocks are going through the above at the moment. For those investors who are watching penny stocks may want to wait for the retracement complete.
*5 mins chart - price thrown down after high volume at the price high of the day*
We might see overall RM 1 & above stocks start to move higher first & followed by the penny stocks. Get ready to react to the upcoming rebound after the retrace.
For a more detailed explanation join our livestream on 6th of April 2022, 8:30pm on Facebook & YouTube. Follow the link below to join the livestream :
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Malaysia stock market is a unique market, hence it requires a customized trading approach to tackle & swerve. Many existing traders in Malaysia apply a plug-and-play strategy from overseas stock markets, but it is not necessarily the best strategy to trade in KLSE. This is due to the difference in local and overseas stock market regulation, as well as the size of market participants of institutional fund & retail investors.
“True traders react to the market.” is the backbone of our trading method. Our findings and strategies are developed through years of trading experience and observance of the operating style in the Malaysia stock market.
The opinions and information herein are based on available data believed to be reliable and shall not be construed as an offer, invitation or solicitation to buy or sell any securities. Round & Surge and/or its associates does not warrant, represent and/or guarantee the accuracy of any opinions and information herein in any manner whatsoever and no reliance upon any parts thereof by anyone shall give rise to any claim whatsoever against Round & Surge.