SAME - VCP (10W 25/5 3T)IDX:SAME - VCP
(+):
1. Low risk entry point on pivot level
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (80)
9. 9. EPS Growth:
a. Quarterly QoQ: +852.30%
b. Quarterly YoY: +570.99%
b. TTM YoY: -3.34%
c. Annual YoY: -3.36%
(-)
1. Breakout with huge volume but long wick
Note: I will sell half if hit first Stop Loss, and sell remaining on the last stop loss on first cheat buy
Bursa
Extremist George Simion Leads Romania's Presidential Race The BET index, Romania’s main equity benchmark, is currently down only 3% following the shocking rise of far-right candidate George Simion to the top spot in the presidential race. This reaction appears highly underpriced given the substantial political and economic risks now looming over the country. A sharper correction—closer to 10% or more—is not only justified but likely overdue if Simion maintains or expands his lead.
We’ve seen a similar scenario unfold before: when Călin Georgescu, also associated with extreme-right narratives, unexpectedly won the first round of a previous election cycle (eventually annulled by the Constitutional Court), the BET index tumbled nearly 10% before stabilizing after the court’s decision. The current 3% drawdown feels detached from both precedent and the present risk profile.
Investors Are Already Voting With Their Feet
Capital flight has begun. Multiple institutional investors have reported reallocating capital away from Romanian assets. The leu has started to devalue against both the euro and the dollar, and Romania’s external borrowing costs are spiking—an early sign of waning investor confidence.
If George Simion were to win the presidency, the country could face a downgrade back to junk status. Romania barely emerged from junk in the last cycle, and ratings agencies have been flagging political instability and lack of institutional reforms as key risk factors. A Simion presidency would severely aggravate these concerns.
Risk Premium Not Yet Reflected in Stocks
From a valuation standpoint, Romanian equities still price in too much optimism. Domestic consumption remains weak, inflation is sticky, and the cost of financing is rising. Against this backdrop, a populist president with an unpredictable economic agenda could trigger capital controls, undermine central bank independence, or alienate EU partners—all of which should justify a steep risk premium.
What Could Happen Next?
A swift correction toward 10–15% on the BET index is possible if polls solidify Simion’s lead.
Leu depreciation could accelerate if the central bank is forced to defend the currency amid political turbulence.
Foreign investors may avoid Romanian bonds altogether, driving spreads up even further and pushing the yield curve into inversion.
Conclusion
Markets have a tendency to underestimate political risk—until they can’t anymore. Romania’s current situation is one of those moments. A 3% drop in the BET is not enough. If George Simion wins the presidency or even enters the second round with strong momentum, Romanian assets could face a reckoning. Investors should watch closely—and consider reducing exposure before the correction becomes disorderly.
1) FKLI : confirmation of "head-and-shoulder" pattern A breakout to the downside from the neckline 1634 has occurred. So expecting price to fall further.
next level support : 1618-1624
resistance : 1640 - 1648
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not guru and I am working hard to make profit same as u. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. "
FKLI Week 22 2024: Pullback in the making?Last week, the KLCI appeared to hold within the 1620-1618 range. However, a bearish candle on Friday and an overall weekly bearish key reversal candle are concerning. Ideally, we hope to see the index bounce higher to the 1625 level before potentially declining further, first towards Friday’s close and then even lower to the 1608 level.
AAPL awaiting breakout to next supply areaNASDAQ:AAPL consolidating tightly. Awaiting the next breakout to around $195 supply area.
Potentially looking at new highs after that.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
MSFT headed previous swing highs?NASDAQ:MSFT pullback and consolidation seems to be over and breaking out to the upside. Targeting towards the previous swing highs around $385 area and possibly to a new all-time high after that? IF prices manage to breakthrough the previous swing highs. I'd say possibility is high.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
YTLPOWR, possible continuation?Looking at MYX:YTLPOWR for a continuation to the upside. Overall regional peers are lower however, might or might not trigger.
Trigger: RM1.10
STOP: RM1.06
Target: RM1.19
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
PWF breaking out for next legTAIFEX:PWF1! is breaking out of the immediate resistance level of 0.74 now.
Next hurdle is 0.76 and then possibly 0.86.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
WCEHB ready for another leg up?I am of the view that MYX:WCEHB might be seeing another leg up towards the 0.55 region. Base well supported, Stops would be the recent low at 0.475.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
TIMECOM awaiting breakout to the upsideMYX:TIMECOM awaiting a breakout of RM5.70 to the upside. Initial targets being RM5.95 with stops below RM5.58.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
SHH looking for a continuation to upside? MYX:SHH could be looking for another continuation to the upside. However risks are higher with this as liquidity is not too good. A break of 0.98 would possibly lead to targets of 1.06 and then 1.33.
Lets see if I get it right
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
YTL forming flag patternMYX:YTL looks like it is flagging for a continuation pattern to the upside.
If it manages to break 0.675, I am estimating next resistance to be around 0.69 and then if this level gets broken, 0.72. Similar moves to MYX:YTLPOWR which I posted earlier.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
YONGTAI breaking resistance? MYX:YONGTAI retook Friday's high and absorbed the selling pressure. I am feeling bullish that this name could see more upside in the near short term future with a target of 0.435 if 0.38 manages to break. Of course if 0.35 gets breached, the setup is invalidated.
These are my views and analysis and is only for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
SEAL looking at a flag breakout MYX:SEAL is flagging and pending a breakout to the top. I the close for today maintains above 0.42, I think possible targets towards 0.47 soon with stops at 0.40
These are my views and analysis and is only for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
HEXTECH awating breakout2022's multibagger stock MYX:HEXTECH has seen consolidation since the start of 2023. Keeping my eye on a breakout of 23.66, with stops at 22.26 and targeting towards 27.06 area.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
Looking at SALUTE for another wave upAfter pulling back and consolidating, I am looking at MYX:SALUTE to stage another wave up.
Trigger: 0.965
Stop: 0.87
Targets: 1.28,then 1.57
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
SUPERMX - Broken support and headed towards RM1 regionPer my tagged previous post on MYX:SUPERMX , everything seems to be going per planned and as expected. Targeting the the support region of RM1.00 for this ticker. Good luck.
I am in no way a market pro. I don't read any fundamentals/news or analysts reports. Everything here is based on charts.
TOPGLOV - Target revised lowerFollowing my 6 September post on this ticker, MYX:TOPGLOV has moved according to my prediction and is on track to reach the target. I have made some mistakes in estimating the target of RM2.30 earlier, but in this post, I have revised the target to around the RM2.00-RM1.80 region.
Good luck.
TOPGLOV: Downtrend continues?Back when MYX:TOPGLOV was trading at RM7.29, I posted and idea of a downtrend forming. People laughed.
After a few more other update posts, it is now trading below the RM1 mark. Expecting prices to tumble further if it manages to break below RM0.81.
Denial does not make the stock rebound. Why not trade what we see instead of what we think?
LITRAK: Potential strong upsideLitrak has the potential for a strong move to the upside.
Trigger: 4.70
STOP: 4.60
Target: 4.90 minimum
Bullish Divergence Pattern @ MATRIX1. Bullish divergence pattern detected in RSI
2. OBV also showed bullish divergence pattern
3. Price had broke the pattern resistance with a bit high volume than normal.
4. Price had also retested the previous resistance that had been broke but with low volume.
5. Potential risk ratio is 3:1
6. Price may retested the EMA200 in the future.
Lets see