VS to rebound from Trend Line SupportThings are still looking good for the dragonhead of local EMS despite the gradually shift to recovery stocks. Price is ascending nicely in an ascending channel. A bullish candle is expected to form a Bullish Morning Doji Star pattern here. Banker chips are still strong with good momentum. Entering now is perfect for those who wish to hold this counter for long term or investment.
Disclaimer: Trade at your own risk.
Bursamalaysia
D&O, UNISEM, VIS - Best Malaysia Tech Stocks to Buy & Watch Now?Malaysia tech stocks have been on fire for the past 6 weeks with handsome return. Is it too late to start buying the tech stocks now? Not all tech stocks are equal. How should one pick the right stock with potential higher return?
In this video, you will find out the top 3 best performing stocks MYX:D&O , MYX:UNISEM , MYX:VIS with the potential to even outperform the rest in the Malaysia technology sector.
Price action analysis and volume spread analysis (with Wyckoff trading concept) are adopted to decipher why they are the best stocks to trade together with possible low risk entry with either breakout trading or pullback trading strategy.
Trend Rider 261. Weekly in uptrend, EMA10 > EMA30 > EMA200. In Wave 4 with a reversal expected to be at 0.618 level also a SBR.
2. In daily hammer was formed and followed with bullish candle. Have not move yet but crawls lower thus may be a good time to start collecting. Price action above EMA 200.
3. Isaham rating 9.9 WAFV RM2.84 PE 10.1, i3 ATP 1.44.
Trend Rider 251. Weekly in uptrend, EMA10 > EMA30 > EMA200. In wave 4 and starting to make Wave 5 with reversal at 0.618 fibo level.
2. H4 is making short Wave 2 with a reversal at 0.618 level which is also strong support previously. Price action above EMA 200.
3. Isaham score 10.7 WAFV RM2.07, i3 ATP RM2.01.
Trend Rider 241. Weekly uptrend EMA10> EMA30> EMA200. Expected the correction wave has been completed with a new uptrend coming after 50% correction.
2. H4, price broke the downtrendline, retraced at 0.618 Fibo level with a reversal signal (hammer then bullish candle).
3. Isaham rating 12.5 WAFV RM1.03, I3 ATP RM0.46
Bursa SEALINK International Berhad3 Drive has been formed, so there is a possibility that the price will drop before continuing the uptrend / rally.
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.
Bursa OPENSYS (M) BerhadDisclaimer: 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.
Bursa SERBA Dinamik Holdings BerhadIf the current resistant reject the price, the potential entry zone might possible for entry.
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.
Bursa VELESTO Energy Berhad - LongtermI personally take this for long-term into the portfolio, but if for short-term then they are few prices / zone we could look for pitstop to TP. Look for re-entry according to the pullback or retracement price.
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.
Bursa Yong Tai Berhad - Vaccine the BreakerThe descending/ downtrend trendline might be broke soon, probably due or supported by the latest news released regarding the rejection of the vaccine application by ministry of health claimed as rumors.
Chart trading idea are based on H1 timeframe. We can either sit tight at the nearest supply or entry once the market is open tomorrow morning.
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.
Hit the gradient, bound to the flatWe are viewing a Flat Top, which is a trend that higher possibility breaking Resistance of 0.995.
Low volume can be seen when Daily Candles touch gradient, it will rebound, a good sign still.
As long as Daily Candles buoyant in the Triangle area, it will form higher low, and attempting break 0.995.
Bursa IRIS Corporation BerhadTriple TOP has been formed from the ascending/ uptrend trend. Attempt to break the 0.450 with the triple top pattern and soon the price will break that price & moving above 0.40.
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.
Bursa DNEX - Longterm Chinese New YearPrice has stayed at 0.30-0.20 zone for 2 years before it break the consolidation zone to >0.310 & rally break to > 0.40. Expecting retracement/ pullback when market open next Monday due to Malaysia is celebrating Chinese New Year Festival. If most buyer who invested this week & started to let go next week, we could expect that the price will be moving sideway within 0.38-0.29. There is a possibility that it will break 0.50 which short period due to the projects news released recently.
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.
YILAI - 52W HIGH - COUNTER SWINGS?YILAI - dah keluar signal 52W High..kita tengok kemana dia akan pergi.
Bursa LUSTER Industries BhdIf you draw the trendline for Daily Timeframe, the downtrend trendline has broke the line then consolidated for a few days before its rally. Zone 0.210 - 0.165 is the buying 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.
Bursa MINETEC Resources BhdFrom the lower timeframe, we can see that there is a descending trend formed. Entry will be at the 0.165 or 0.150 before it break the trendline & moving up / change trend.
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.
Bursa ISTONE Group BerhadOpportunity to buy at the current price after market open later or wait at the potential 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.
MMSV making 3 white soldier pattern Penerangan Bahasa Melayu dibawah
Condition for 3 white soldier pattern
1) got 3 bullish candle
2) open and close for each candle is the same (open price for candle 2 is the same price with close price for candle 1.. Same with candle 2 and 3)
3) candle 2 bigger than candle 1, and candle 3 bigger than candle 2
Usually, after making 3 white soldier, the chart will retrace a little around 3 4 candle, after that should have 1 big morubozu candle..
Just an idea only. Can watch closely for learning or opportunity.. TAYOR..
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Syarat untuk pattern 3 white soldier
1) ada 3 bullish candle (hijau)
2) harga buka dan tutup ketiga-tiga candle ialah sama (harga buka bagi candle 2 sama harga dgn harga tutup candle 1, sama keadaan untuk candle 2 & 3)
3) candle 2 lebih besar dari candle 1 & candle 3 lebih besar dari candle 2
Kebiasaan nya, lepas chart buat pattern 3 white soldier, akan berlaku sedikit retracement (penurunan harga) sebanyak 3 4 candle.. Lepas tu chart akan buat 1 solid morubozu yg besar..
Boleh tengok untuk pembelajaran/peluang.. Hanya berkongsi idea, bukan buy call..
Bursa MalaysiaBreakout with high trading volume while price in consolidation sideways.
Country currently under lock down MCO; price may have further upside with more people trading on Bursa while staying home.
Company announce Dividend of MYR0.26 and special Dividend of MYR0.08 (ex-date 19/02/2021).
Trade with caution as always and look forward to your opinions.