GoldenTurtle

GoldenTurtle Updated 

Market sentiment on Friday is really weak, we notice a very interesting counter that undergoing strong set up. TASHIN is involved in steel related products which expected to benefited from current commodity bull run, evidenced by improving profit margin in recent QR. Share price experienced re-accumulation stage since June 2021. Smart money is flowing in...

GoldenTurtle

We experienced a really weak market sentiment last week. However, we always notice some super-stars stock during bad market sentiment. NADIBHD is definitely worth monitoring for several reasons. NADIBHD experienced year long downtrend and make a solid bottom during march2020. Strong collection at price between RM0.28~RM0.33 since Jan 2021. Full year collection...

GoldenTurtle Updated 

Price able to closed at previous high RM0.92 Really good market sentiment last Friday. Company making higher revenue. Keep monitor for proper entry-point

GoldenTurtle

We notice strong collecting at RM1.73-1.74 MSM gaining momentum back and price expect to break out RM1.75 soon. Proper shakeout and re-accumulation done.

GoldenTurtle

We notice there are increasing trading activities in PENERGY. Higher brent oil price leading to O&G stocks uptrend began last week. Proper higher low chart pattern along with minor shake out done on Friday. Big boy collecting ticket around RM0.90~0.93 Once price break out from RM0.95 , we expect it go up to at least RM1.05 given that brent oil price still in uptrend.

GoldenTurtle Updated 

Market rebounded today since US market recorded a strong rebound. Market sentiment getting better and Tech stock doing good. 5G related stock experiencing abnormal gain recently. SCGBHD would be transferred to main market soon and hence portfolio manager could potentially up stake in this counter. Volume started to spike up this week showing big funds is...

GoldenTurtle Updated 

Intact uptrend with proper cup and handle set up. Banker Chips piling up on Wednesday and we notice minor contracting volume on Friday. Good sign that Banker may churning off unstable retailers before strong rally. MAny signs show that big boys already very heavily involved in this counter and we expect strong rally happen next week given that market sentiment...

GoldenTurtle Updated 

Good fundamental. Directors buying stake in own company. Uptrend momentum intact. Recently breakout from RM0.30 and hold strong above RM0.30 which now serve as strong support. Proper shake out and churning done last friday and. Strong buying force at RM0.305 evidenced by 77,000 lots volume done on Friday. Watch closely for breakout from RM0.315

GoldenTurtle Updated 

We realize there are increasing trading activities with this counter. RGTBHD formed a solid triple bottoms. Moving average turning up. Price reached RM0.445 on 20/09/2021 but failed to break through RM0.45 with strong selling force at RM0.445 Nevertheless, price still able to keep above RM0.40 and we see slow recovery on stock price. Very strong uptrend momentum...

GoldenTurtle Updated 

SALCON share price spike up after it announced its QR on 19/08/2021. Although it report a strong QR, market seems doesn't weight in all factors that make it profitable even in current business situation. Salcon disclosed that it acquired stake in Glove Manufacturing company, and part of the profit derived from it. As long as glove demand is still intact, we expect...

GoldenTurtle Updated 

We found out that CJCEN have similar chart pattern just like ENCORP BHD, and yet to have any strong interest from market. After hitting bottom in March 2020 it reverse its share price downtrend until now. Really steady uptrend, heavy volume traded on RM0.50 Volume profile distribution is natural. Banker is getting upper hand in deciding price direction now. As...

GoldenTurtle Updated 

Market sentiment became better so far. Several penny stocks rebound stock strong uptrend momentum. As old wise saying: make the trend your friend, not enemy. We still focus on stock with intact uptrend momentum. As stock market swifting interests from dollar counter to penny counter, so do we. ESAFE is one of the penny stock that recover fast from bearish August...

GoldenTurtle Updated 

Really interesting counter. VCP pattern set up properly. RM0.60 should be good break out point and good entry point. volume is getting higher indicating market is starting to notice this counter. Intact uptrend momentum. Keep monitor closely.

GoldenTurtle Updated 

Another penny stock that gaining uptrend momentum. Scope share price experiencing continuous uptrend since August, starting with quite artificial price manipulation on august and now getting more natural. We expect natural uptrend to continue to few more weeks. Forming high low, contracting volume with correcting, both of the good signs showing possible set up...

GoldenTurtle Updated 

We noticed there are some market participants piling up stock in this counter. Although market still skeptical about property market, Seal still make a good uptrend steadily. Penny stock now is a major trend in Bursa to speculate and make quick profit. SEAL BHD not yet really have a good rally for a year, Banker may already collected enough of shares to push....

GoldenTurtle Updated 

August stock market has been really frustrating for most of us. Nevertheless, it's easier to spot potential stock during bad market sentiment. We notice there is accumulation activity in ENCORP BHD. ENCORP has been heading downtrend since it made it peak in 2014. Stock price seems like hit bottom in 2020 during COVID-19 pandemic. Stock price has been hanging...

GoldenTurtle Updated 

Since MMSV announced bad QR its price keep dropping until today. Price seem stable and someone is keep collecting back shares at RM0.95/RM0.955 Looking for downtrend reversal play. If market sentiment getting better with tech stock. MMSV could easily hit RM1 or even higher

GoldenTurtle Updated 

We noticed there are some player in the market collecting shares at RM0.37 CAM resources is now trading at a stable price, really difficult to predict next move since there is no catalyst for this counter. Its director is keep disposing its shares may indicate some problem with the company. Revenue keep increasing but net profit still stagnant show that the...