Possible BUY signal for PA at Bursa MalaysiaPlease see comments I made on the chart for better visualisation. TAYOR.
Bursamalaysia
TOPGLOVEhas completed FLAT correction wave and now forming a inverted head and shoulders pattern (bullish reversal) im looking for the price to break neckline to be able to move higher , others wise price will be continue accumulating. TAYOR
AJIYA (cup with handle)HANDLE in the making .this pattern has higher probability of success if the breakout of the handle high happens
DIALOGpotential rebound seen, price might move sideway for the accumulation phase , im waiting for shakeout(spring) to make sure the rebound valid
SOLUTNWAVE4 -buying climax spotted at level FIBO 0.382, price broke 1.240 level with high volume valid, very high probabilities price will touch 1.445 with more buying interest to push to the upside , and possible rounding bottom (CUP) pattern will be form . my mind-term target will be 52WH as for now
ANNJOOMYX:ANNJOO
UPTREND
WAIT FOR SLOW TURTLE BREAKOUT TRADE
MCDX+ TURN STRONG
FIFT +VE RECHARGE/
ATOM BUY
BursaMYX:BURSA
Inverse HnS
Slow Turtle Buy(B) use for BOB
FiFT +ve recharge
MCDX+ Spike +ve
SL: Below 8
AJIYA CnH cup need be broken to be valid , price is telling everything whom getting the project water supply sabah
Bursa MQTECH - MQ Technology BhdCurrently the price has comeback to the all time / daily support line, this might be the opportunity to long for short-term on this counter. If the price keep falling, we can either re-average the price or CL at the 0.095 zone and 0.075. Do bear in mind that it is in the sideway pattern which we could take this opportunity to gain some earning: Buy Low Sell High
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.
MAYBANK - Head & Shoulder APA LAGIThe profit target for the pattern is the price difference between the head and the low point of either shoulder.
I would say it's RM1.05 differential.
Having said that, imo the demand area for a bounce or reversal would be around RM7.00.
Covid-19 daily cases in Malaysia have been breaking ATH after ATH.
The nation's healthcare system is at a breaking point.
Govt warns it will impose full-scale lockdown if infections don't decrease.
Still, Maybank is Malaysia's largest bank and the largest company.
I will be definitely looking to add by stages if it really hit my target price.
TOPGLOV - Good Collection AREA based on FIBONACCI LEVELKUALA LUMPUR (Jan 21): Top Glove Corp Bhd said its annual rubber glove production capacity had reached 91 billion pieces as at January 2021 as demand for gloves continued to be strong despite the availability of vaccines to curb the Covid-19 pandemic.
Looking ahead, Top Glove said the targeted annual production capacity of 110 billion pieces of gloves by December 2021 is expected to be achieved via collective output across 39 glove factories, with a combined 885 equivalent single former lines.
Collect at your own risk! Stay safe and peace!
RUBBEREX CORPORATIONMy view on RUBBEREX are:
1) Weekly Stoch is on a bullish reversal
2) Price is currently testing on a support level
3) My presumption that the price will go to the next major support at 2.030. But I will look to take out my profit at 6% from my entry price (1.670)
4) Average EPS
5) Financial report looks impressive
SYARIKAT TAKAFUL BERHADMy opinion on TAKAFUL:
1) I am looking closely at these 2 zones (marked in Cyan)
2) My first indication of entry is when the Weekly Stoch turns Bullish Reversal.
3) Fundamental aspect, EPS looks excellent at 40.27.
4) My first target for take profit is at 5.065. Depending on how it reach to the next big resistance, my maximum expectation gain can go up to 5.740.
Good Luck!
JFTECH All Time HighMy 1st trade into the Malaysian Market. As usual, all my charts look the same. Price has reached an All Time High. It is my favourite theme and only theme. It doesn't matter what market. Look at my other charts.
