Bursa
Malaysia Glove's IndustriesLooking for confluence between Malaysia Index and the Hartalega stock. Both currently at the previous SNR zone which can be an early signal for a bullish reversal. We will wait and analyze for a reversal + engulfing candle at the possible support area.
JHM Going Reversal?JHM has been down trending for awhile. Will we see a new uptrend in the nearest time?
SERSOL: REVERSAL AND READY TO DEPARTSERSOL had form support around 0.235 for almost 7 trading days. Support firm and stoch RSI had break up to 20. Looking forward to challenge RM0.28 and follow by RM0.31 in 1 month timeframe
CHOOBEE 5797 Lonjakan Momentum?The study is based upon Volume Price Spread Analysis and Momentum
CHOOBEE has clearly shown Momentum spike.
Close: 1.76
EP: 1.79<
SL: 1.54
TP: 1.91/ 2.02/ Open
* The NTA looks good at more than 50% discounted value.
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
ARANK 7214 on Momentum ?The study is based upon Volume Price Spread Analysis and Momentum
ARANK has clearly shown Momentum spike.
Close: 0.76
EP: 0.78<
SL: 0.665/0.56
TP: 0.86/0.95/1.01/
* The last 2 Quarterly results are positive and the NTA looks good at discounted value.
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
MELEWAR 3778 Trend Breakout The study...is based upon Volume Price Spread Analysis and Momentum
Melewar has shown both Trend Breakout with Momentum
Close: 0.60
EP: 0.62<
SL: 0.52/0.47
TP: 0.69/ 0.77/0.81/open
*The last 2 Quarters the Company had shown consecutive increment in both Revenue and Net Profit. The current NTA stands at 0.96 which is more than 30% discount.
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
AGRO buy on break outplease see the chart for the stoploss and target level.
may the profit be with you
P.A. RESOURCES P.A. Resources Berhad, an investment holding company, is engaged in the manufacture and sale of aluminum products primarily in Malaysia. Aluminium is one of the huge demand products in future for the E.V. car.
From the chart we have found that price are making higher low and sit on SBR at 0.490 - 0.515 zone area. If break 0.560 can going further to north and again will make it all time high price above 0.600.
Samchem - Super Bullish Buy on BreakoutOne of my few favourite stocks forming rounding bottom with Cup & Handle. Projected to breach ATH resistance at 1.530.
Support at 1.455.
Disclaimer: Trade at your own risk.
Bursa Waseong Might Break Up Frankly I don't like the fundamentals of this company.
But the chart looks pretty interesting with possible upside potential.
JAKS Falling Wedge PatternVery strong support at around 615~625 region and RSI is still heavily oversold even after strong technical rebound on last Friday. Need another bullish candle for short term trend reversal confirmation to upside which is high possibility. Overall on downtrend pattern since 30 March.
Resistance to break at 695 and 745.
Disclaimer: Trade at your own risk.
Bullish Symmetrical Triangle BO for EvergreenNice chart pattern formed over the duration of 3 months. Possible bullish breakout for this counter not far from the apex. And uptrending and super bullish stock where EMA20 is above EMA50 and its price closed above EMA20.
Support at 380 and resistances at 440, 475, 530. Today it couldn’t break the 440 resistance.
Disclaimer: Trade at your own risk.
VS to attempt New High again?Short term reversal confirmed after few bullish candles. Another bullish candle is needed to break Fibo line at 2.905 to continue with the bullish momentum or it will pull back slightly to 2.765.
Overall still a super bullish stock for long term holding.
Intermediate support at 2.765 and strong support around 2.540~2.625 region. Resistances to break at 2.990 and 3.130.
Disclaimer: Trade at your own risk.
SUPERMX 7106 MYX 1 Hour Momentum BreakoutStudy...based upon Volume Price Spread Analysis and Momentum
SUPERMX has shown breakout in Momentum in 1 Hour Timeframe
Close: 4.35
EP: 4.26 - 4.43
SL: 4.06/3.82
TP: 5.17/5.55/5.93
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
PADINI 7052 MYX 18/3/21Study...based upon Volume Price Spread Analysis and Momentum
Padini has shown both Breakout and Momentum.
Close: 3.14
EP: 3.07 - 3.20
SL: 2.76
TP: 3.38 / 3.69/3.89
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
QES will further PullbackThere is possibility QES will further retrace to near 535 area, the next strong support after it closed within the current strong support zone between 600 and 560 with the slowing momentum.
The best entry price will be between 535 and 540 to take advantage of possibility the price will be pushed up just before QR for the coming week.
Disclaimer: Trade at your own risk.
Bursa BCM Alliance BerhadThe rally price might get reject at RM 0.310 before continuing uptrend. If this happened, there is an opportunity to entry at the buy zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
