Today, will be a confirmation day. If the price can breakout the flag pattern with a strong momentum and with high volume, the price can go further.
INFOTEC@KLSE Integrated ROA, Wacc, NCAVPS based valuation: (100×19,251÷79,682-12)×(58,412-21,365)÷363,229 = RM 1.2402191463
INFOLINE TEC GROUP Unconventional GPA Based Valuation @ FYE 2023 100×37,753÷79,682×(0.053-0.0232) = RM 1.4119115986
Time Cycle Analysis: April 8, 2024, total solar eclipse will cross North America, passing over Mexico, the United States, and Canada which according to Chinese Ancient Culture this day will associate with negative Qi. The immediate resistance 1.05 is quite stubborn so may take longer time to takeout.
INFOTEC Unconventional Methodologies Based Intrinsic Value Low = 0.053×(1-(1÷1.035)^35.67)÷(1-(1÷1.035)) = RM 1.11 Middle = 35.67×0.0232×(2-0.0232÷0.053) = RM 1.29 High 1 = 35.67×0.053 = RM 1.89 High 2 = 0.1605516079×0.3567×35.67 = RM 2.04
Infoline Tec Group Low = 0.053×(1-(1÷1.035)^35.67)÷(1-(1÷1.035)) = RM 1.11 Middle = 35.67×0.0232×(2-0.0232÷0.053) = RM 1.29 High = 35.67×0.053 = RM 1.89
INDEX:KLSE -INFOTEC Dividend declaration has proposed two possible outcomes. 1. Trade receivables received from customers are inflating the free cash flow and retained earnings. 2. Higher revenues and profits are foreseen with orders from Malaysia, India and perhaps China as the economy is improving in the said countries, not to leave out Singapore and Japan...
Forecasted Price Target The average one-year price target for Infoline Tec Group Berhad is $1.091. The forecasts range from a low of $1.081 to a high of $1.124. fintel.io/sfo/my/infotec
This is an Atypical Reaccumulation Trading Range , which fall under Schematic #2 Based on Bigger view, looks like current price action is on going BUEC This leads me to a conclusion that a Mark Up is impending Thus, position initiated as attached Pure Wyckoff
Time Cycle Analysis: April 8, 2024, total solar eclipse will cross North America, passing over Mexico, the United States, and Canada which according to Chinese Ancient Culture this day will associate with negative qi. UEMS next key dates are 18 April 18 2024 and May 17 2024. With NTA 1.35MYR so the upside should be limited.
We can see a sideway happen for almost a year already. STORSI setup is clear indication for Bullish Potential. However it is still failed to breakout around .535 level. If you are looking at SMA, SMA20 and SMA50 is above SMA200, which is giving a good sign also for Bullish. Will it touch 68 cent?
The market direction remains in a sideways trend, but there's potential for a rebound as prices have hit a lower limit around 0.0.28, indicating accumulation by buyers at this level. This accumulation is signaled by the algorithm, with the appearance of blue signals occurring multiple times before during rebounds above the support level.
DISCLAIMER: FOR STUDY PURPOSE ONLY, Trade at your own risk MYX:KOSSAN
DISCLAIMER: FOR STUDY PURPOSE ONLY, Trade at your own risk MYX:COMFORT
FCPO SPREAD Contract May2024 vs July2024 is attempting breakout from previous swing high 141 Spread Bullish MA Lineup -> Trending Up Breaks and close above Turtle Resistant 138 -> Bullish Upward Momentum -> Bullish Support 124 Next target levels 165 179 203
CCK, as previous analysis, continuing its mark up as evidence by local Spring , my hypothesis is the current BO is a signal towards phase E in view of that, position initiated as attached pure wyckoff
as my previous analysis of KGB another opportunity for short term swing Spring in action ( Trade about to Happen - David Weiss ) Pure Wyckoff
PRESS RELEASE INFOTEC stream-asset.stockbit.com/4efd34fa-8d15-44a4-ace4-f787b41b2471_stream.pdf