the story start around November 2019, a Taiwanese bought 162.33 million share (27.52%) at RM0.3866. a private placement of 10% equal to 58.987 at RM0.2388 on August 2020 allocated to the same party. one year later around September 2021 right issue announced 1 for 1 with free warrant, RM0.22 per share done. capital injection due to company cashflow problem. 1 year...
Hello Malaysian Traders,
Diharapkan semuanya sehat2 belaka.
This market watch foresee will have a new uptrend, after a long downtrend market. Now Mudajaya maybe have a good fortune in this few days ahead. Frorecast will go to zone price 0.330 - 0.335, if the resistance breaks it may be go to another resistance. If not happen, 0.25 is the best price to quit.
MUDAJYA
Trend: Bullish
Rst: 0.465
Spp: 0.42
Bullish breakout with BB starts to widen again, recovering MACD & RSI may inject further interest for the stock as well. Resistance at 0.465 must be broke to allow more upside.
Thank you for your continued support :)
Strategy: Moving Averages Formation
Bias: Bullish. Moving averages aligned. Breakout with retracement at key fibonacci level.
Stop-loss: The region between 0.365 and 0.385 as resistance becomes support, but volatility causes price to have candle shadows/wicks that violate into this region.
1st Target: 0.445
2nd Target:...
Strength in the chart:
1. Re-accumulatoin
2. COMBO Pattern = Spring + Green Pentagon
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MUDAJYA - Bullish breakout from MA200, the magnitude of spike from RSI & MACD suggest further upside is there. Next resistance observable at 0.36/ 0.38/ 0.40 respectively. Support at 0.29
