Oversold alert – Could this be the start of the next big move? [Video]

Ming Jong Tey Independent Analyst

Watch the video from the WLGC session on 17 Dec 2024 to find out the following:

Is the current market consolidation setting up for a breakout or further retracement.
What key indicators should traders watch for confirmation of a trend reversal.
How to use the short-term market breadth oscillating level to anticipate the market turning point.
and a lot more.

Market environment

The bullish vs. bearish setup is 380 to 227 from the screenshot of my stock screener below.

Three stocks ready to soar

27 actionable setups such as APH, KD, RKLB were discussed during the live session before the market open (BMO).

Amphenol Corporation (APH)

Kyndryl Holdings (KD)

Rocket Lab (RKLB)

Author

Ming Jong Tey

Independent Analyst

Ming Jong Tey has been trading since 2008. He started his learning journey from technical analysis (indicators, Fibonacci, etc...) to value investing. Throughout his journey, he develops an interest in price action with chart pattern trading.

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