PRLEXUS-WA completed Wave 2 @ 0.640 in 2-Nov-2020, and since then has riding the uptrend channel for about +48.41% in just a week. Nearest support is 0.83, whilst nearest resistance is around 0.985. Good entry would be psychological resistance @ 1.0 with 0.985, and 0.83 as support. However, if the price breakout the symmetrical triangle with volume, we could...
The stock closes with huge buying pressure with volume reaching all time high, along with the price action. If momentum continues, using Gann Square of 9, next resistance would be at 0.23 and 0.28 with Support at 0.19 and 0.15. The stock could complete Wave 3 at 0.23 zone, before pulling back to around 0.15 (38.2% Fib Retracement) for Wave 4. Currently the price...
AT-WC begins Wave 3 @ 0.06, and its not stopping ever since. Extending Time based Fib to 238% of Wave 1, this wave could end at 0.165 and pullback for Wave 4 towards 0.13 (Fib Retracement 38.2%).This makes 0.12-0.13 a strong support zone. Volume is extremely good, with banker chip 100% - to guarantee a good show. Its motherstock MYX:AT has a heavy balance...
Running through an uptrend parallel channel since 11-Sep, HLT-WA has potential to continue making Wave 5, as long as the channel didn't break. Strong support identified at 1.01 and 0.645 region. Bankers chip still low at this point. It needs to break 50% before it could really fly. Volume still low compared to August. With Glove-Vaccine sentiment and political...
Bintai formed an Ascending Trending Triangle pattern, waiting for breakout strong resistance near 0.75 region. Would 1st October "history repeat itself"? There a still a long way to go with current Covid 19-Vaccine sentiment, but upside potential is worth the risk. (RRR 1:6) EP 0.65 TP1 0.74 TP2 0.825 TP3 0.940 TP4 1.120 SL: 0.57 RRR: 1:6 TAYOR guys ! p/s: I'm...
ICONIC theoretically has completed Wave 4 @ 0.4, and it should be making its way for Wave 5. However, it is currently on sideway, probably accumulating before making a move. It is currently on a minor downtrend channel with a strong support zone at 0.46-0.48. A strong resistance zone is at 0.625-0.645. With Bollinger Band expanding and Stochastic oscillating up...
MAHSING completed Wave 4 @ 0.86, and its making its way for Wave 5, if moving within the parallel channel, could end up at around 1.87. A good entry would be a breakout resistance 1.04, with support zone of 0.86-0.91, and Resistance of 1.26 (RRR 1:2), 1.44 (RRR 1:3.4) Volume is still good, but not good enough to push it higher at the moment. Banker chip is > 50%...
All Time Low = 0.405 Now almost at 100% discounted price in monthly chart. Please use lower TF to identify the correct entry at the right edge.
SALCON-WB completed Wave 2 in Nov-2 and currently riding upwards for Impulsive Wave 3 journey. This run normally in 3 zigzags before completing the wave. Resistance would be around 0.22, 0.3 and 0.43, with Support level @ 0.08 (Risk-reward is around 1:3.4). Fib Time is used to chart probable Wave 3 completion. Volume started to increase since 9-Oct, with Bankers...
In this week ahead, the glove stocks are poised to receive shocks from the Malaysia's Parliamentary tabled response on the take of Malaysia 2021's Budget Reform. This reform entails high fundamental risks to not only glove stocks but also other relevant stocks such as "The Renewable Energy Sector" as the budget pursues a wide variety of efforts to spearhead a...
Is this a good buy? Will Maxis hit 7 MYR in 2-3 years time? Share your thoughts.
Two possible patterns on Axiata Group. Looking for an upside move. What do you think? Share your thoughts.
MYXPENTA CHART PATTERN: SYMMETRICAL TRIANGLE BREAKOUT FAST TURTLE BUY FIFT =VE SPIKE UP ATOM BUY STRONG BANKER BAR SL 4.4 BELOW TP: 5.45
MYX:UNISEM TECH SECTOR: OSAT WAITING FOR DESCENDING TRIANGLE BREAKOUT +FAST TURTLE BUY FIFT +VE ATOM: NEUTRAL EP:FAST TURTLE BUY SL: BELOW RM3 TP: RM4, RM5(LONG TERM) COMPARE PEER TO PEER STILL UNDERVALUED PE AROUND 20 COMPARE INARI PE 47, GTRONIC PE 36