KIMLOONG - Breakout monthly high KMLOONG - breakout yearly high and if revert to breakout price, can entry at 2.52, SL 2.44, TP 2.68 It also breakout previous month high, pullback and continuous trendLongby VikiSoh0
EUPE (6815) - PROPERTY companyEUPE just announce a profitable QR on 18 OCT 2024. And the prospect looks good. Technically , if price breakout RM1.16 , it will trigger a buy signal (ENTRY PRICE : RM1.17) and short term target will be RM1.25 - RM1.26 Eby IMRAN_96Updated 223
KERJAYA CONT MARK UPTypical Rising bottom Re-Accumulation type #2 Re-Accumulation Schematic , as previously introduced by Late Prof Hank Noticed supply since 21/10, getting absorbed **Red Arrow I like to initiate position around BUEC area, bcoz thats where momentum usually the highest. Thus position initiated as attached. Tight SL PureWyckoffKLongby drsyariz1
GREATEC - FROM BEARISH TO BULLISH ?GREATEC - CURRENT PRICE : RM2.37 After reach the bottom with a bullish HAMMER CANDLESTICK on 16 OCT 2024, the stock broke out of its downtrend in mid October and is building on a trend reversal, suggesting a bullish bias may be emerging. Based on chart pattern analysis, we can see that there is a DOUBLE BOTTOM pattern. The downward movement from 12 July 2024 have potential of forming V BOTTOM pattern. Today 06 Nov 2024, the share price make a new 2 month high to closed at RM2.37, supported by strong trading volume. This bullish momentum may propel the share price to move upside in the upcoming session. Target Price : RM2.52 and RM2.70 Support : RM2.26 (half candle of today session) Notes : Market reacts positively to Trump’s 'Victory' in Presidential Race. Bursa Malaysia Technology Index made a 6.18% gain on a single day. We hope this positive market sentiment will continue to push technology stocks to upward. Lets hope for the best. TAYOR - TRADE AT YOUR OWN RISK.Longby IMRAN_960
PMBTECH - BOTTOM HAVE REACHED and POSSIBLE TREND CHANGING ?PMBTECH - Current Price : RM1.93 PMBTECH may had reached bottom as we can see in chart there is BULLISH DIVERGENCE in stochastic oscillator. Furthermore, the low is getting higher than previous low indicates some bullish scenario. In addition, based on ICHIMOKU CHARTS, CHIKOU SPAN manage to climb up above LEADING SPAN 1 (but still below LEADING SPAN 2 - means still inside CLOUD). And today share price is testing to move upward into CLOUD. Take note also that share price is trading above 50-day EMA. With all the information we identify in the charts, we believe that the share price may move upside in the upcoming session. 1st target will be the FALLING RESISTANCE LINE (blue colour line) , 2nd target will be 200-day EMA. Support is RM1.75 (the low of LONG OPENING BOZU WHITE CANDLESTICK) Notes : Please study the FUNDAMENTAL of company and also other related news/catalyst. Trade at your own risk.Longby IMRAN_960
SUNWAY GOING FOR MARK UPSunway, very nice Re-Accumulation pattern Shcematic #2 , The Rising Bottom I have been actively collecting the stocks since 13/9/2024 I sold my position on 28/10/24 (Red Arrow) And re-initiated my position today (Position as attached, Blue Arrow) What attracted me with Sunway, is that, The price Contracting from the left side (Phase A) -> towards the right side ( Phase D , probably) -With vol evaporating Very tight SL, risk priority PureWyckoffLongby drsyariz0
NATGATE GOING FOR MARK UPThis is a Classic, Re-Accumulation #2 (Rising Bottom) Since 16/10/2024, i noticed supply seems to be evaporating With influx of demand **Red Arrow I wait for the price to BO from the BUEC area then position initiated as attached @ 5/11/2024 PureWyckoffNLongby drsyariz1
Simple13 Trading IdeaSector Update: The plantation index has been the strongest performing sector recently, showing resilience and upward momentum. Stock Pick: From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price. Current Price: RM 3.55 Trading Plan Entry Area: RM 3.55 to RM 3.30 Plan to start accumulating if the price dips into this range, which aligns with a fair risk-reward setup. Take Profit Area: RM 3.55 to RM 4.34 This target range offers potential upside. Gradual profit-taking is suggested if the price reaches this zone. Cut-Loss Level: Below RM 3.30 If the price falls below RM 3.30 and drops under the 20 EMA, consider a cut-loss to limit potential downside, as the pullback may extend further than expected. Summary With SOP in an outperforming sector and a strong technical setup, I’m looking for an entry upon a pullback. This plan offers a favorable risk-to-reward ratio and a defined structure to manage risk. MYX:SOP Disclaimer: This is for informational purposes only and not a recommendation to buy or sell. Please conduct your own research and assess your risk tolerance before investing.by Simple13_Trading1
RHB super long term plan Reasons for hold this stock Head and shoulder pattern completed and break out previous high Double bottom formed confirmed the downtrend is over. break out on $6.3 key resistance since 2016. Super Long Term Trading >3 years My TP : $8.47 ( 31.17% of Capital Gain ) Annual Dividend = 6.2% Capital Gain = 31.17% Total Gain = (6.2% X 3)+( 31.17%) = 49.77% SL : $5.24 ( 18.67% of Capital Loss ) Total Loss = 18.67%- (6.2% X 3 ) = 0.07% of Capital Loss Record Stock Holding 90 Lots + 28 Lots Longby newbietrader_TZW0
Taking short position as price are moving along the trendlineMy current take on this stock would be entering a short position(SELL) on price MYR 10.58 as it touches the trendline of past resistance point. Aside from that, my take on this entry is also due to the fact that this stock is currently making a downtrend movement and the last line of resistance have been retest twice. Hence, making it a high probability of breaking the resistance line on MYR 10.40Shortby LukeRoland_8520010
VSTEC,potential upward signalsTradingSystem by Remisier CheDin Our algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend. 💡Trading idea dan plan: Entry: 3.31 Target Price @TP1: 3.95 Target Price @TP2: 4.60 Stop Loss @SL: 2.65 (This trading plan is for reference only and may vary based on your entry point and risk tolerance.) Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk management. Having a solid trading plan and proper position sizing are crucial for maintaining the right trading psychology. Master your risk management and stick to your plan. Happy trading!Longby FakhruddinFazil1
VS, potential upward signalsTradingSystem by Remisier CheDin Our algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend. 💡Trading idea dan plan: Entry: 1.03 Target Price @TP1: 1.15 Target Price @TP2: 1.28 Stop Loss @SL: 0.91 (This trading plan is for reference only and may vary based on your entry point and risk tolerance.) Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk management. Having a solid trading plan and proper position sizing are crucial for maintaining the right trading psychology. Master your risk management and stick to your plan. Happy trading!Longby FakhruddinFazil1
CHGP - Uptrend may EXTEND in near term ?CHGP - Current Price : RM2.27 CHGP is bullish as the price is above 50 & 200 days EMA . It is currently forming a Bullish Pennant Pattern. Chart Pattern traders may wait for a valid BREAKOUT this pattern to trigger a buy signal. Based on ICHIMOKU CHART, the stock made a breakout above CLOUD on 22 OCT 2024 which provides a buy signal. CHIKOU SPAN already moving above candlestick (which indicates a bullish scenario). At current moment, CHIKOU SPAN is inside the CLOUD and heading towards its resistance (LEADING SPAN 2 - the upper side of CLOUD). If the CHIKOU SPAN make a new high above the CLOUD, it will strengthen more the BULLISH outlook for this stock. As such, ICHIMOKU CHART traders may wait for the CHIKOU SPAN to break above the CLOUD to trigger a good buy signal. Notes : CHIN HIN GROUP BERHAD is the largest shareholder of CHGP. Approximately holding 54.94% stake.CLongby IMRAN_961
Starting to Accumulate DUFU StockDUFU recently reported a profit loss of RM 3.2M in its latest quarterly report. The main reason for this drop was a forex loss, which I believe is a short-term issue and doesn’t reflect DUFU’s core business health. Looking at some key financial data: Operating Income: Increased by 26.05% quarter-over-quarter, breaking its downtrend. Total Assets: Holding strong at over RM 400M (close to its peak of RM 447M). Free Cash Flow: RM 17.39M, which is solid and near its highest level of RM 18.66M. From these numbers, I don’t see any major concerns with DUFU’s fundamentals. If we believe DUFU can improve in the next quarter, accumulating the stock between RM 1.6 to RM 1.75 seems like a fair entry range. Disclaimer: This is for informational purposes only and not a recommendation to buy or sell. Always do your own research and consider your financial situation before investing. MYX:DUFU by Simple13_Trading1
SOLARVEST Short-Term Trading TA Current Price Trade in bottom on the parallel uptrend area. Price Action created a higher low show it going to rebound Past 2 trading day was appeared volume increasing. TP : 1.96 ( 20% ) SL : 1.51 ( 8 % ) Longby newbietrader_TZW2
DSONIC Potential uptrend to 0.56 in short term/ Long term 0.7653 Reason for holding this stock : DSONIC provided a sustain dividend around 6+ % annually Technical analysis show it trading around the demand zone, I believe it was the opportunity for Buy Continues growth on company profit since 2021 Short Term TP on 0.56 with 30% capital gain ( expected TP within 6 month ) Long Term TP on 0.765 with 77% capital gain ( Expected TP within 3 years ) 7% per annual * 3 = 21% 77 % capital gain + 21% per annual = 98% 98% / 3 years = 32.67% per annual. Record for holding 200 lots for short term 200 lots for Long Term Longby newbietrader_TZWUpdated 111
SENDAI - Looking for a potential bullish momentumThe price is hovering near potential breakout levels around 0.565. The last candle shows some upward momentum. The downtrend line indicates resistance that the price is approaching. A breakout above this level could signal a bullish move. Buy on Breakout: If the price breaks above 0.565, this could serve as a trigger to enter a long position. Set your stop loss at 0.470, just below the significant support based on past price actions. This provides a buffer against potential losses. Ensure that the risk-to-reward ratio is favorable. With an SL set at 0.470, you’re risking approximately 0.095 per share for a potential gain of 0.065 to 0.170 (depending on which TP level is hit). Adjust position size according to your risk appetite and portfolio size. Keep an eye for a clear breakout above 0.565 while monitoring volume spikes for confirmation. Ensure to manage your risk effectively with a well-defined stop loss and take profit levels.SLongby mg61122
KITACON - Looking for potential price targetN wave with E, V, N & NT projection. Price is above the Kumo, suggesting bullish sentiment, though the cloud is still thin, indicating some level of uncertainty. The price is slightly above Tenkan-Sen, suggesting short-term bullish momentum. Chikou-Span positioned above the price, further confirming bullishness. Wave Structure: We see the classical A-B-C correction pattern completing around point (C), and the price has started moving upwards towards the NT level (0.775). If the price can successfully break and close above 0.775, it would likely confirm the next wave towards the N (0.845), V (0.860), and E (0.915) levels. 52-week high: 0.785, a key resistance level to monitor. A potential entry can be taken once the price breaks above the NT level of 0.775, confirming bullish continuation. Stop-Loss: Below the recent low around 0.740, providing a good risk-to-reward ratio. Given the bullish signs from the Ichimoku indicators and the N wave projection, a breakout above NT (0.775) could indicate further upside movement. However, watch for a rejection at this level, which may result in price consolidation or a pullback. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.KLongby mg6112Updated 0
LAYHONG - Analysis on potential of price targetN wave with E, N, V & NT projection. The price has moved above the Kumo, indicating bullish momentum, but the cloud is still quite thin, suggesting caution. Price is currently above the Tenkan-Sen, suggesting bullish momentum is building up. Chikou-Span is above the price, confirming the potential for bullish continuation. NT level 0.415, which serves as immediate resistance. The price has broken past point (B) and is currently testing the NT level (0.415). A successful break above NT would likely confirm further upside potential towards the N (0.430), V (0.420), and E (0.445) projections. A potential long entry could be placed above the NT level of 0.415, confirming bullish continuation. Stop-Loss: Below the Kumo or the recent low around 0.400 to manage downside risk. If the price sustains above the NT level, the bullish momentum may carry it toward the higher projection levels. However, if there's a rejection at these levels, consolidation may occur. Keep an eye on volume to confirm breakout strength. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.LLongby mg6112Updated 1
SLVEST - Looking for potential bullish momentumY wave, target (E) within stipulated time. The current price is almost exit down Kumo, suggesting a potential bullish breakout. The Chikou Span is above the price 26 periods back, indicating potential bullish momentum. If golden cross occur, which is typically consider a bullish signal. Volume appears relatively consistent but should be monitored for any increases to confirm momentum. Consider entering a long position as the price is breaking above the Kumo. This breakout could signal further upward momentum. Place a stop loss slightly below the cloud boundary or recent low around 1.55 to manage risk if the breakout fails. A reversal or close back within the Kumo would weaken the bullish setup. Failure to break above the Fibonacci resistance levels at 1.67 and 1.69 may lead to consolidation or pullback. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.Longby mg61120
Rounding Bottom in progressRounding bottom, recently Palm oil industry have a nice profit. 1.26 1.34 1.46Longby SuperTrader_K663
KKB Engineering Bhd (MYX: KKB)Current Price: 1.67 MYR The stock has recently rebounded from the 200-day moving average and closed above the 50-day and 100-day moving averages. If the price remains above 1.65 MYR with strong volume, consider entering. Primary Target: 1.85 MYR, based on the next resistance level. Stop Loss: 1.55 MYR, slightly below the 200-day moving average to manage risk. Short-Term: (1-3 weeks)—The setup is for a quick gain based on current technical conditions, aiming to capture the upward momentum. Note: This plan is for educational purposes only and not financial advice. Consult with a financial advisor before making investment decisions.Kby apisjayUpdated 1
CAPITAL A - Uptrend may extend ?CAPITAL A - Current price RM1.00 The stock is UPTREND because : i) Price is above EMA 50 & 200 ii) Price is above ICHIMOKU CLOUD iii) The high is getting higher and the low is getting higher Based on ICHIMOKU CHART technique, today price made a breakout above CHIKOU SPAN resistance (RM0.990 - light blue resistance line).Technically it is a buy signal. Price target : RM1.12 (the high of 17 August 2023) Support 1 : RM0.950 (Aggresive Trader) Support 2 : EMA 50 may acts as support level (Conservative Trader) Longby IMRAN_960