This week the price gapped up but failed to sustain the momentum and later, the day closed within the opening gap; implying that the bulls might have exhausted and losing their steam. A shooting star candlestick also has formed; indicating that the market sentiment has turned bearish - at least for the time being. A possible double top formation is now in play but bears still need to break the minor support at 140.9x to have the upper hand over the bulls. However the battle is not yet won unless the lower major trendline is broken.
Below is the daily chart as of 5 am Malaysia.
Below is the daily chart as of 5 am Malaysia.
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