Master these steps, recognise this highly recurring zigzag pattern to find pot of gold. Example Singapore-listed Keppel Corp (ticker: Bn4.si).Step 1 – Retrace. Step 2 – Consolidate. Step 3 – Up. Step 4 – Repeat steps 1 – 3. Example with Keppel Corp (ticker: BN4.si).
Is it time for some energy-driven inflation? Will an energy sector recovery become new driver of bull market to relieve FANG stocks? WTI has broken decisively above 3-year high, XLE is at decade long support, there is a bullish expansion over March and XLE is 5-day best performer among S&P500 sectors.
4 weekly charts of Zijin Mining (2899.hk) showing it’s chart pattern develop from 13 July 2017 till present. Key features are: uptrend, new 52-week high, base-building evident, support from moving average roadmap.