Many gurus & group have already done their analysis on the future prospects of the company so let's talk about the technical part of the share movement of the company for the past 8 months.
From 0.20 to highest 1.05 in just 2 months with return of approx 450% during early of the year 2021, I believe many investors and traders have benefited from the drastic share...
Looking Good to take from the reversal . For KLSE stocks intra day and contra day trading for Target and Stop loss
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Since its commencement in 1985, the Hextar brand has been marking its place as one of Malaysia’s foremost agrochemical companies. Today, the Hextar Group is a leading crop management solutions provider, both...
Further to my mid September post on MYX:IPMUDA , prices are moving nicely upwards after breaking the RM1.51 trigger. Targeting near the RM2.00 psychological resistance next but it is always good to use a trailing stop while letting profits run.
Some may also prefer to take some profits off the table while letting the balance of the position run with a trailing...
Following up with my earlier post, MYX:TOPGLOV is moving as expected towards the RM2.30 area first, with some possible support at RM2.00-RM1.80 region.
Just would like to highlight that the "Dollar-cost-averaging" method only works with uptrending stocks. When you encounter stocks that are in an underlying downtrend, implementing the averaging down method will...
BURSA price breaking previous low, price might down to around RM6.00 before completing its correction. RM6.00 is the :- 1) Next "peak" of Market Profile 2) The Lower Trend line ( Red) of parallel channel 3) Next Major Demand Zone
Bottom build up (higher high & higher low) is completed, and price is already above MA5, 10, 20 and 60.
Last friday closing, its price has slightly drop but the bullish trend is still going unless the price is unable to cross @0.84.
There has a resistance at 0.84 level and consolidation between 0.81 to 0.84 which is also a resistance...
MYX:RUBEREX has reached a key support area which is critical, breaking below this RM0.58 area will likely mean further downside for this name.
Next support all the way down to RM0.30. Good luck.
*If we could just accept that the trend has changed way back in Nov'20, it could have saved 70% in losses.
First uptrend finished, price breakout the box which consolidated 1 to 2 weeks.
There is two possible entry trade coming days:
(1) Breakout Entry, follow the strong uptrend with volume.
(2) Wait price retrace and a confirmation of rebound.
Since no resistance line on top of price, taking profit target can be set above 2R unless price appear huge bear candle...
First uptrend finished, price rebound after cross down MA20 in 2 days with high volume.
Price closed above MA20 as confirmation day for entry trade.
Initial stop loss at 1.11 and target profit 1.755 with 2R which near to resistance line @1.795.
I am a...
Trading opportunity detected and added into watchlist. Based on the following criteria:
Good support above EMA lines.
Daily MACD golden cross.
Ichimoku cloud getting wider.
Entry support at RM 2.66 and holding.
Good volume to indicate momentum.
MYX:VITROX is looking set for a surge to the upside again, possibly to reach another new high upon breaking and staying above 19.16.
Possible targets 21.40 and then 22.16
If you are interested in knowing why and how, drop me a message.
Price is slightly boost up from a bearish trend since June 2021.
A potential uptrend forming, it can be having two possibility entry points for us:
1. Breakout the recent higher level @0.52 and price will keep up.
2. A retrace after breakout or pressed by 0.52 resistance level, entry trade when...
After a long consolidation since May till Sept, price was started boost up at 15 of Sept.
Stage 1 is completed, and Stage 2 - Uptrend is on going.
A trade reversal retracement at 14 Oct and 15 Oct is a confirmation day. Bullish candle with volume (1.2x average volume), Stochastic golden cross at 30.
Initial stop loss at 1.10 recent lower level. Target profit...