Tenaga. Possible forming a “long term” triangle. 9/March/23. Tenaga. Long near Demand Zone @ 8.300 +/-, TP @ 11.380 +/-. a potential of 37.11% +/- growth.
4.45%
0.520MYR
3.463BMYR
50.868BMYR
3.375B
About TENAGA NASIONAL BHD
Sector
Industry
CEO
Baharin bin Din
Website
Headquarters
Kuala Lumpur
Employees (FY)
34.699K
Founded
1949
ISIN
MYL5347OO009
Tenaga Nasional Bhd. engages in the business of the generation, transmission, distribution, and sales of electricity. The firm offers its products and services to commercial, industrial, and residential customers. The company was founded on September 1, 1949 and is headquartered in Kuala Lumpur, Malaysia.
Tenaga. Probably “bottomed” few months ago. 30/Dec/22Tenaga, as “main contributor” of KLCI Index probably “bottomed” so as KLCI. It’s wave a (green) of triangle already done few months ago and now “halfway” trending up to wave b (green) of triangle where 11.500 +/- is possible its wave location..
Tenaga. How “low” it could “go”? 11/Oct/22Tenaga. “Monopolized” electricity ..its price probably may only found its “base” at within RM7.250 ( Demand Zone + lower channel of pitchfork ) and RM 6.839 ( POC of volume Profile)..
Tenaga elliotwave updated 17/ August /22Tenaga most likely will resuming its downtrend toward around RM7.50 as price have completed a strong pullback toward monthly supply / base bar.
Tenaga. Is it “bottom”? 23/July/22.Tenaga while investors can earn average 6% dividend per annum + PLUS possible > 100% profit gain from stock price in long term...probably only “bottom” by years end of 2022 @ around RM7.50 on median line (dashed red) of parallel channel.
TENAGA I WILL WAIT IN AREA RM7.10-7.7This is my prediction for TENAGA . 100% wrong is in hand and if it goes right then its only coincidence. Possible places to monitor is @Fib 0.786- soon then it will rebound from there to make Impulsive wave 12345
Tenaga. Trading it with volume profile. 5/July/22.Tenaga. . It is “obviously” shown that . There are getting “lesser” “Volume trading activities” on the bottom of the “P” shape “near zero”...Possible lesser seller “give-up” at “current price” for “dominated / bargained buyer”..
Down for now, Buy again at a discounted PriceMy view on TENAGA, price will be floating around $7 to $5.8 ish, looking for "big shark" purchase power around that area before it continues to go up. Fyi, TENAGA is one of my choice in term of 'dividend growth' investment. I will be looking to buy when I see weaker bearish. -FIN
Tenaga still waiting @ 8.50-8.30. 11/May/22Tenaga price still waiting to complete building its long term “base” at around RM8.50 RM8.30 where is the “multi” confluence zone for price landing to build a “concrete base”..
FIB PRICE CLUSTERS : potential support shown and testedP 1.0 : 9.10 A
E 1.618 : 9.35 B
E 1.618 : 9.33 B
E 1.272 : 8.94 A
P 1.0 : 9.08 A
Two clusters (A and B) based on multiple fib relationships, methodology based on Carolyn Borden.
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