TheFakhirin

TheFakhirin

if market price below resistance level 121.35

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Coronavirus fear the market. Euro in Bad condition.

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Stoploss : 112.65

TheFakhirin Updated 

Since the coronavirus is main issue and the problem with Euro-Britain. The technical trend analysis show the market could move to lower 140.80.

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Shares of budget airline AirAsia Group and its long-haul subsidiary, AirAsia X, fell in early trade on Tuesday after the group's CEO Tan Sri Tony Fernandes and chairman Datuk Kamarudin Meranun said they would step aside for two months. Both Fernandes and Kamarudin announced late Monday that they would step aside as authorities investigate allegations that Airbus...

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Ichimoku Style!

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Data for AUD quite positive this morning. But im still on bearish mode since the problem of coronavirus not settle yet. R1 = 0.6885 R2 = 0.69036 ( equilibrium changer level to bullish structure) If the market price at TF4 hour failed to break 0.68759, the near support at 0.68512

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With the support at 143.38, market on bullish price to 144.986 if the price break resistance level at 143.986

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Details on chart

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BUY WITH TARGET RM1.50

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BUY MODE

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Marketprice back to bullish weekly trendline and rejected bullish area at price 138.73. Dash in bullish momentum as long as the market price above 90 and could extent to 175 with the support at 138.74.

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RHB Retail Research maintained its 'buy' call on Datasonic Group Bhd at RM1.47, raising its target price (TP) by 61.98% to RM1.96 from RM1.21. RHB Research's stance is sustained by a 33% upside determined by the updated TP and a circa 2% yield. In a company update today, RHB Retail Research analyst Lee Meng Horng predicted that Datasonic's FY21-22 bottomline...

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wait the market confirmation to break trendline

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Ripple, the company behind the XRP cryptocurrency, has today revealed a $200 million funding round, valuing the company at $10 billion. Ripple's news, announced on the company website, sent the XRP price sharply higher, up around 4% on the last 24-hour trading period, to $0.19 per XRP token. The XRP price failed to continue its rise , ending the day up around 3%...

TheFakhirin Updated 

Scomi Group Bhd (SGB) said it had on Dec 19 submitted an application to seek Bursa Securities' approval for an extension of time of up to Feb 28, 2020 for SGB to issue the circular for its share capital reduction proposal. As per SGB's initial filing on May 27 this year, the share capital reduction will give rise to a total credit of RM184.96 million. SGB's plan...

TheFakhirin Updated 

Its time for bullish?

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