TENAGA Trading Plan: Simple 2:1 Strategy for Consistent GainsEntry Price (EP): RM13.56
Take Profit (TP): RM13.83 (2% gain)
Stop Loss (SL): RM13.42 (1% loss)
Risk-Reward Ratio: 2:1
Strategy:
Enter at RM13.56 with bullish confirmation.
Exit at RM13.83 or cut losses at RM13.42.
Risk only 1-2% of total capital.
Tip: Monitor news and market sentiment for b
0.74 USD
1.03 B USD
12.40 B USD
About Tenaga Nasional Bhd
Sector
Industry
CEO
Megat Jalaluddin bin Megat Hassan
Website
Headquarters
Kuala Lumpur
Founded
1949
ISIN
US8802771084
FIGI
BBG000BLRQ12
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.
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TENAGA will meet resistance and create wave 2Looking at the technical chart for Tenaga Nasional Bhd (TNB), here's my analysis:
Recent Price Action:
- The stock is currently trading at around RM14.82, showing a slight decline of 0.54%
- There's been an uptrend since December 2023, with the stock rising from around RM13.00 to current levels
Ke
TENAGA, AlgoSignal reveals potential uptrendSeveral indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward,
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
T
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Maturity date
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Maturity date
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