Latest news from this company, the "OCR’s 40%-owned associate company Landasan Surimas Sdn Bhd has inked an agreement with Perbadanan Kemajuan Negeri Pahang to set up a 70:30 joint venture named Taraf Raya to provide mechanical and civil works relating to the East Coast Rail Link (ECRL) project within Pahang".
This indicate a good news for this company to get...
In week TF, we can the TADMAX is still in sideway.
With lift up MCO, the property market is trying to up again.
For time being, no entry can be made as still in middle.
To enter, let price touch and break 0.280 to reduce risk in trade.
In daily TF, the EMA 9, EMA 50 and EMA 100 already cross showing the trend will change.
If EMA 200 cross, high chance the price...
As from picture, the price is holding good at EMA 50 and broke EMA 100.
We can see also divergence in RSI
Wait for price to broke 0.260 for safe entry.
TP: 0.300
CL: 0.235
as we can see, the chart in pennant.
"The amount represents a discount of about 10% or 16 sen to the five-day volume weighted average market price of Serba Dinamik shares of RM1.63 apiece as at April 16, the latest practicable date, it added." new from Edgemarket on 23rd Apr 2020.
With the price today lower cause discount from stock holder.
So, we can expect...
As the current news post MCO, the KNM pushing higher from 19 March till 10 June.
As for yesterday, the price to push the resistant but failed as seller try to push and remain the price below 0.545.
Today, the price down but remain in Support area and form
My idea, the price will keep going up
Enter: 0.545 (breakout candle) and retest.
TP: 0.675
CL: 0.520
#this...
the price already form cup and handle pattern and already broke the resistant 0.225 and high volume (showing a good sign in breakout)
with current price hold in ema 200 and cross, the market most probably will try to touch the 1st resistant before going even higher.
In fibo, the higher TP will be 0.330.
for safe TP: 0.270
CL: 0.215
As we can see in chart, the current trend is down and not showing the price will stop will hit at resistant 3.
Previous pattern, head shoulder form marking that the price is decline to go long. The fibo also showing the price already touch 1.618 fabo.
My idea is, the price will stop at resistant 3, 0.360 and will create hook pattern and that is the best time to...
from the chart we can see the price already complete the form Cup and Handle and with broke the resistant line with high volume.
This is suggesting that buyer in position to push the price more higher. With EMA 9 and EMA 20 is trying to cross EMA 200, we can assure that the price will change to long soon.
In low TF, 1H, all EMA already cross EMA 200.
The price...
From previous pattern, the stock already create perfect bullish flag pattern and by today, the price broke the resistant line 0.280.
To enter, wait the retest candle in 1H for today or next few days.
TP: 0.410
CL: 0.270
The price action hold at EMA 20 and EMA 100.
Previously it complete head and shoulder pattern and rise the price going long after that.
I think the price will hold there and push back above more to retest 41.85.
If the price can break it, we can see long.
As you can see, the KLCI already complete the Gap.
The regression line in downtrend and on support level.
Resistant 1425 and 1506.
If the price can break through 1400, the market have bullish sentiment to break over the resistant.
For moment with Covid case, maybe we can see the price will in range.
For moment BAUTO is in parallel channel.
Even in latest news he slumps in 8.02%, the buyer still push the price with good volume.
www.theedgemarkets.com
No entry can be seen so far untill the price can back up till resistant 1.175.
TP: 1.850
CL: 1.655
stock still struggle to break resistant level 0.866
With current new lift up MCO order, the price still in range.
If the price can breakthrough 0.866,
can enter after pull back.
TP: 1.120
CL: 0.780
