Hi, this is my first idea publish. Would like to see feedbacks and comment on my idea. I see a trend reversal here. The price is currently trading under the bull support band. The band looks curve to toe downside, i see the price leaning towards the downside. Looking for it to hit the support at RM1.335.
Count intact until 0.275 or 0.350 is broken. Bullish confirmation need to wait for breakout to upside.
BURSA Malaysia Technology Index Chart almost identical with NASDAQ e-mini chart after year 2013
Recent 200-MA breakout is above the long term trendline of downtrend. With a combination Higher High and Lower low, I predict that another 200-MA breakout will change into an uptrend. I'm still learning, feel free to correct me or give your own opinion. Thanks.
Need to wait confirmation of wave 2
Looking for confluence between Malaysia Index and the Hartalega stock. Both currently at the previous SNR zone which can be an early signal for a bullish reversal. We will wait and analyze for a reversal + engulfing candle at the possible support area.
JHM has been down trending for awhile. Will we see a new uptrend in the nearest time?
ALCOM had successfully form a support at RM 0.75 and stock looking forward to reverse and challenge 1st target at RM 0.9 in 1 month time. ALCOM volume look well accumulate on 12 April & 14 April and yet to distribute yet.
SERSOL had form support around 0.235 for almost 7 trading days. Support firm and stoch RSI had break up to 20. Looking forward to challenge RM0.28 and follow by RM0.31 in 1 month timeframe
As expecetd price rested the wedge top and now on the upside move...
The study is based upon Volume Price Spread Analysis and Momentum CHOOBEE has clearly shown Momentum spike. Close: 1.76 EP: 1.79< SL: 1.54 TP: 1.91/ 2.02/ Open * The NTA looks good at more than 50% discounted value. Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
The study is based upon Volume Price Spread Analysis and Momentum ARANK has clearly shown Momentum spike. Close: 0.76 EP: 0.78< SL: 0.665/0.56 TP: 0.86/0.95/1.01/ * The last 2 Quarterly results are positive and the NTA looks good at discounted value. Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before...
The study...is based upon Volume Price Spread Analysis and Momentum Melewar has shown both Trend Breakout with Momentum Close: 0.60 EP: 0.62< SL: 0.52/0.47 TP: 0.69/ 0.77/0.81/open *The last 2 Quarters the Company had shown consecutive increment in both Revenue and Net Profit. The current NTA stands at 0.96 which is more than 30% discount. Disclaimer: This...
please see the chart for the stoploss and target level. may the profit be with you
P.A. Resources Berhad, an investment holding company, is engaged in the manufacture and sale of aluminum products primarily in Malaysia. Aluminium is one of the huge demand products in future for the E.V. car. From the chart we have found that price are making higher low and sit on SBR at 0.490 - 0.515 zone area. If break 0.560 can going further to north and...
One of my few favourite stocks forming rounding bottom with Cup & Handle. Projected to breach ATH resistance at 1.530. Support at 1.455. Disclaimer: Trade at your own risk.