Per my tagged previous post on MYX:SUPERMX , everything seems to be going per planned and as expected. Targeting the the support region of RM1.00 for this ticker. Good luck. I am in no way a market pro. I don't read any fundamentals/news or analysts reports. Everything here is based on charts.
Following my 6 September post on this ticker, MYX:TOPGLOV has moved according to my prediction and is on track to reach the target. I have made some mistakes in estimating the target of RM2.30 earlier, but in this post, I have revised the target to around the RM2.00-RM1.80 region. Good luck.
Possible to form a double bottom here? Going down like this should have investor/trader cutting off their losses. Give your comment on this. What do you think?
*refer to the image link* Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher. This indicates the big boys have no intention to mark the price higher & a price retracement is on the way. High volume price down happens around 11:40 & 12:15 shows the selling pressure is in. We see a few glove makers are...
Topglov price have reached Rm1.48 a “ border” of “ 4 = Death ( in Chinese ) or 8 = Glory ( in Chinese )..A possible 3 “touch & go “ or 3 drive pattern or wedge pattern’s lower trend line.
Harta. Just posted a “quarterly earning in lost” for the 1st time in “history”! since it was listed. So...so..Sell the “news”? Or buy the “rumors”?..Most Traders/ Investors Trade based on “news”.. if they can’t read one. They “create” their own ..falling into “own illusion “ just try to “ convince “ themselves to buy certain equity with their own “bias”...We’re...
Downtrend Will Horizontal Price Movement within 1974-2101 can buy when drop near to support level . MYX:HEALTH
MYX:HEALTH Downtrend Will Horizontal Price Movement within 1974-2101 can buy when drop near to support level.
Today not just "The Sun Calendar" is all 22 BUT Lunar calendar day also 22) = - The Practice of Chinese Core Five Elements Concepts for picking up Cyclical stocks ? Showing here is Malaysia Plantation Index ( Mainly Palm Oil Plantation ) .. It seem like The Index showing "up trend" when entering "Water Element" months of Lunar Calendar? Why?! Water...
MYX:TOPGLOV has hit my second expected target of RM2.00 yesterday. First target RM2.30 and was spot on achieved in early November 2021. I started following this name since November 22, 2020 and has been posting numerous posts and warnings of it coming down. Yet I get laughed at with people saying how can a profitable company fall to RM2 from a whopping RM7+...
It doesn't matter "omicron variant" gonna get "stronger" or "weaker" than "delta variant" Or Does it matter ASP ( Average Selling Price ) Gonna "cheaper". WHat do you think one of coming world worst inflation rate will make ASP go lower?...Glove's "Economic Cycle" Gonna to run and start the engine "making money"...
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...
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.
Spotted a potential breakout to the upside for MYX:CYPARK at RM 1.04 with an immediate target of RM1.26. However This could be a riskier setup given the amount of resistance levels it needs to overcome in order to move higher.
MYX:SKPRES has broken out and is looking to further rally to an immediate target of RM2.05 then RM2.25 What do you think?
Increasing downside pressure for MYX:SUPERMX with last line of defense around the RM3-RM3.05 area. Breaking this level could bring a sharp decline for this name. Good luck.
Repeating pattern - Rising wedge (bearish) - Breakdown from wedge = sharp fall - Technical rebound (yellow box) - Sharp fall continues/intensifies
Currently Malaysia Health Care Index Comprised most from Vaccines Stocks and Glove Stocks.. "The equilibrium" Forces might form a triangle pattern from its Volume-weighted average price...