GFM - ideas updateNote - I plotted some potential stock that show a rally condition. If my prediction is correct, I assume this stock can go up until 14% increase in uptrend. At meantime, look for pullback condition (measuring 2 candlestick in bullishness) before do a entry buy. Longby Glem0
GFM downtrending mode after Stoch RSI overbought in weekly TF.GFM now uptrending and make sharp increment on few weeks previous trading period. Now, look like will pullback to nearest support or 20 MA. Can wait for 20 MA rebound or if break 20 MA can wait for 50 MA rebound. Monitor the chart #TAYORby hafiz052832
BROKE RESISTANCE at 0.420formed ascending triangle pattern and broke resistance 0.420. Next resistance is at 0.550, will retrace a bit and if it can hold 0.420 as it new support it will goes higher. GFM is also still in uptrend based on ema and ADX indicator. Adx is at 34 on 1H chart while di+ is still above di- 41 to 7. Smart money indicates banker is still inside GFM and will possibly push price higher towards 0.550. Trading volume on friday is at 196mil beating its average volume of 79mil. In my opinion GFM is very bullish right now.Longby aresleo0
GFM Technical AnalysisBroke out Penant Flag on 12/3. Volume increased during broke out. Currently at 78.6% fibonacci extension level. Might go for correction as RSI is in overbought status. Still above up-trending line. Still above EMA 9,20,50,200. Short term profit taking: 0.565 (Based on 100% of fibo extension) Mid term profit taking: 0.645 (Based on width of penant)by SteveY612110
Bullish BreakoutGFM had been bullish, met resistance at 0.25 and has been consolidated since June 2020. Recently breakout above a valid DTL. Potential higher movement to FIbonacci 1.618 at 0.315 coincide resistance in Dec 2019. Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.Longby ellynacci17179
(30) SOKONGAN(30) SOKONGAN GFM berada pada sokongan 170 dan MA 200. MACD mengahampiri +VE menunjukkan masih ade potensi untuk naik.by iZr0
GFM AnalysisDisclaimer: This is not a buy call but for learning purpose -------------------Technical analysis------------------- Trend: Uptrend. Above MA20 Phase: Accumulation phase. Potential uptrend continuation Volume: Large buy volume on 10 Dec RSI & ZL-MACD is above the centerlineLongby OroticTraderUpdated 1
GFM Possible BullishMA20 crosses MA100 for the first time indicate the initial bullish trend after a long accumulation period. Oversold stochastic is a good sign of the bullish movement. Initial Target 0.340 using current PnF plot. Beware for the final spring before JAC.Longby ArifHasbollah0
GFM Target LONGTA Second view for this counter as the first view hit SL. For this time it is more clearer where by price making compression and it is possible to hit the demand area . Currently price at break stop zone area (bsz). Wait for reversal at HTF before enter market. FA P/E : 50.57 (overprice) DY : 1.03 QR : 1.3M (reduced but still positive) AR : 1.3M (reduced but still positive) Longby AlphaModeUpdated 338
GFM Target long at demand area , wait for reversal candle before enter marketLongby AlphaModeUpdated 3
TRADING BURSA for small capital - Daily TimeFrameThis trading plan suitable for small capital player try to take advantage of bursa saham. You can start from RM1000.. but will take time to grow account due to daily timeframe trading.by ArifHasbollah0
TRADING BURSA IS SIMPLE.. Trade 15min timeframeTrading plan : 1. Wait the MA crossover pink MA.. 2. Wait for re-entry zone when price retest pink MA + oversold stochastic 3. Draw fibo extension for taking profit.. 1st TP can be 100% and furthermore above..sky is the limit ;) but dont forget the exit plan..if anything goes wrong.. when the MA cross below pink MA and price reject pink MA become resistance..that is our exit call. by ArifHasbollah0
Trading Bursa is actually easy if you have trading planIndicator 1. Multiple Moving average 2.StochRSI 3.VolumeAnalysis. Works in all timeframe.. :)by ArifHasbollah0
GFM Service break the bearish trendline!Price has been break the long time bearish trendline. Expected trading sideway to complete the Elliot Wave #5 Longby ArifHasbollahUpdated 6
GFM: 200% potential with mind boggling outstanding orderbook $$When I perform my trade, I will make sure that I do understand the business and its potential. Be clear on their vision and mission, understand their business (at least on the surface level), deep dive on their challenges faced, and any potential focus/prospectus ahead. Trust me, its not rocket science. You just have to spend some time looking for the right info available online. The keywords here are "right info available online". Let's look at GFM and why at this point of time, and why it catches my attention... What's their business? GFM's core business is in providing Facilities Management ("FM") services, which includes both hard and soft service offerings such as civil & structural, electrical systems, landscaping, plumbing and mechanical systems, amongst others. Fundamentally, the company is in just an average performance with few indicators are showing good and bad objectively: - The company was last traded at 19cents (penny stock) - EPS 0.36 (OK) - NTA: 0.23 (undervalue) - ROE: 1.57 (not so good) - PE Ratio: 52.78 (not so good) - Financial: Positive net profit since 2016, with concern on last quarter result showing lower profit. - In term of its shareholder, the chairman itself has been actively buy back its shares showing buying interest So what's good here? If you refer to their financial report, there is one catchy statement here “GFM executes Groups outstanding orderbook of RM1.29billion, as at December 2019.” If you dont understand the finance word of orderbook, that means the record that the company keep for the order received yet to be paid. In simpler term, their outstanding payment to be received is RM1.2billion!. That is majority comes from one of its subsidiary KP Mukah Development which provides long term earning visibility with stable consistent income for the remaining 16 years of concession tenure until 2035. Technology GFM services together with its subsidiaries provides e-commerce solution and develop e-market place for local and international enterprise catering for various industries. Its marketplace provides various products including automotive parts, components, medical, health, biochemical products, furniture, rubber, plastics, consume electronics machineries and much more. The company also offers internet seach engines which operates in Malaysia, Hong Kong and Republic of China. Technically based on chart, healthy pullback happening now at 0.19. Still very cheap! Longby mahsyarsaid18
GFM (0039) Profit TradeGFM (0039) Entry point at 0170 Profit up to 0220 Cut loss at 0145 Support at 0145 Resistance at 0220 Volume is supported by Paul_twh1116
[stereobiru] GFM Trading IdeaRefer chart for the GFM Trading idea - GFM close price today close at .310, 1 bid below the nearest resistance at .315. - GFM oday in a strong momentum and based on RSI, the momentum in climbing mode and expected to continue it rally tomorrow. - Be monitor the move of the price and momentum trend. - Need to break the downtrendline as it can be start of change for current trend direction in short term. - Strategy to entry can decide whether after break the resistance .0315 or 0.320 with recommended TP on .355/.375 and SL can .295 ** Please be noted that this is just FREE IDEA SHARING and not a BUY CALL. Please do your own study before decide to do an entry to any stock. by stereobiru88Updated 8