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Bursamalaysia

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.
MYX:VELESTO
by Carta_aPau
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.
MYX:YONGTAILong
by Carta_aPau
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.
MYX:IRISLong
by Carta_aPau
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.
MYX:DNEXLong
by Carta_aPau
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.
MYX:LUSTERLong
by Carta_aPau
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.
MLong
by Carta_aPau
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.. -------------------- 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..
MYX:MMSV
by azlee5329
KPOWER To Rebound From EMA20 ? KPOWER has been in a long uptrend and I have been patiently waiting for a reasonable entry. Perhaps this could be the time? KPOWER and Dynamic Support KPOWER is testing its EMA20 dynamic support. Since the rebound from March 2020, specifically May 2020 onwards, the share price has followed the EMA20 quite closely, showing good short-term uptrend. Despite breaking below it a few times, it was supported by the EMA50, which means that it is still on a mid-term uptrend. Also, the stock is still trading above EMA200 and hence, is on a long term uptrend. Since November 2020, the share price has been well above the EMA20 and only lately has it been testing it (twice now based on daily candlestick chart). Today, it closes at RM 2.31, on the EMA20. Could this be a possible chance for a rebound? Based on the last 2 weeks, the share price is down 17.5% from the closing price at RM 2.80 on 18 Jan 2021. Next dynamic support based on EMA50 appears to be around RM1.95 - 2.00 which is 13.5% below today's closing price (RM2.31). For KPOWER to fall that much, there must either be something really wrong with the fundamentals or it could be a really bad sentiment. But I can't think of anything as serious for now which is why to me the EMA20 dynamic support appeals as a a good buying location. KPOWER and RSI Now, looking at the RSI, since March 2020, the lowest the RSI has come down to is about 45. Usually, for this stock, buyers should be cautious when the RSI is above 75. The current RSI stands at 53.64 which is neither overbought (70) nor oversold (30). But based on the past trends, it comforts me to know that the RSI is closer to 45 than it is to 75. KPOWER and S/R Should KPOWER rebound, the next resistance may be at 2.65 while the support for now appears to be at 2.31 which is also where the EMA20 is at. Based on the above technical analysis, I find KPOWER's current setup to be quite attractive (leaving aside fundamentals and market sentiments) given the strong uptrend it has shown in the past with very little room for entry.
K
by niroshiman2012