AIRASIA looks set for a reboundMYX:AIRASIA Higher low, coupled with a surge in volume after breaking trendline indicate interests is pouring in. Counter-trend traders may look to this airline for a shorter term speculative play.
Bursamalaysia
IWCITY 30% gain chanceSpring phase completed with the buyers become strong and beat the resistance level.
Price cross up MA20 & MA100 at daily timeframe shows good strength for buyers.
Entry option :
1. 1H timeframe when there are stopping volume (SV)
2. Daily TF when price retest the MA20
3. When stoch oversold or below 50 levels.
Target Profit
1. 30% gain up to the resistance level
2. another TP level follows how the price build-up.
There are a lot of chances to enter the trade within 1 stock once they start the trending phase after accumulation.
16/12/2020 GKENT - Cup is formed, next is handle?If the price break the Channel 1, there is high possibility that Cup and handle pattern is in the making.
C&H Confirmation is when the price break the Neckline 1.
Entry point 1 is after daily candle close above the channel. TP1 is before neckline 1.
Entry point 2 is after daily candle close above the Neckline 1.
1. This theory is invalid if the daily price close below 0.70.
2. It might be a good idea to set alert on the downtrendline so you don't have to monitor this counter everyday
3. Considering economy is in recovery trend, it will drive construction sector to go higher and benefit Gkent.
4. Gkent is considered one of political related company. Be careful and happy trading!
TEOSENG add into watchlistEgg price recovery showing good indicator for bullish market.
1. Bearish Volume diminished over 6 month period
2. Price cross up MA20 and MA100
3. MA20 cross up MA100
Wait for oversold stoch for entry.
Target price 1.25 and another target will further update along with the bullish trend build-up
Bursa ASB - Potential Entry PriceDisclaimer: 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.
SCGM Good Time to BUY?SCGM looking good with their profit.
1. After a long trending market price stop for accumulation or distribution.
2. Forming a descending triangle indicates a continuation of the bullish trend.
3. Stoc oversold for Daily TF.
4. Bearish volume diminished.
Entry
1. Good entry if TF 1H have SV
Target price
1. 1st TP will be 3.900 if break the triangle.
PETGAS - Trend Continuation Towards 52-Week High
Please consider your own interpretation of Opportunity & Risk:
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
PPHB - Long Towards 52-Week High
Please consider your own interpretation of Opportunity & Risk:
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
BINACOM Spring CompletedAccumulation phase.
1. Spring completed with noticeably diminished volume.
2. Price cross up EMA20 and EMA100.
3. Stoch oversold.
1st Target will be 37%
2nd Target will be determined once the price makes an LPS.
TOPGLOV - The Beast is coming back soonTopglov results beat all sell-side consensus. As shown, TopGlov issue is never about fundamentals and earnings. Their problem has been the PR/Corporate image impact due to Covid-19 and the labor issue.
After declaring a quarterly dividend, at the current price, the yield is around 2.3%, what's next!? Perhaps, Christmas rally or CNY Ang Pao? HAHAHAA :)
Not a buy call, however as a good investor, it is always wise to buy the dip and hold.
All the best!
GPACKET may be on a path to profitabiltyJust HOLD and WAIT.
Pre-profit companies are often risky, but they can also offer great rewards.
In the last year, Green Packet Berhad wasn't profitable at an EBIT level but managed to grow its revenue by 30%, to RM655m.
With any luck, the company will be able to grow its way to profitability.
Ready, they are coming back !With the rising of the oil price recently with the good news coming to the post pandemic. Oil and Gas stock becoming one of the sector that will be bloom in every economy recession.
For a long time of momentum, here we are again.
Stock to be the first movers.
- Refinery and Retailing
1. MYX:PETDAG
2. MYX:PETGAS
3. MYX:GASMSIA
4. MYX:DIALOG
5. MYX:PETRONM
6. MYX:HENGYUAN
7. MYX:DAYA
-LPG Cylinder
1. MYX:KUB
2. MYX:KKB
- Petrochemical and Resin and Plastic etc...
1. MYX:PCHEM
2. MYX:LCTITAN
- Upstrean
1. MYX:HIBISCS
2. MYX:DAYANG
-Engineering
1. UZMA MYX:UZMA
2. MYX:DELEUM
3. MYX:PENERGY
4. MYX:SERBADK
-All given are the company stock with the strong financial analysis.
#TAYOR
#BURSA
#FBMKLCI
22/11/2020 PA - Valid rounding bottom pattern (TF1W)Rounding bottom pattern validated after neckline broken last 2 weeks.
Last week the price has broke the resistance since 2013 with volume.
TP1 0.175
TP2 0.225
CL 0.13
1. PA is on a strong recovery trend in technical and fundamental.
2. Aluminium spot price and demand is increasing.
3. First solar (NASDAQ listed company) is their client, which is going to benefit them even more in future.
4. The price is just waking up, it will continue go up until share consolidate done, and might go even higher.
IFCA: Enemies at .50 border.After successfully breaching enemy defense at .33-.34 border, IFCA continues to march forward only to be halted by quite a strong enemy force at .49-50 outpost.
IFCA had fallback to resupply at the previous defeated defense of .33-.34 and is now ready to launch a full frontal to penetrate that heavy defense at .50.
If it manages to breach that defense, the road is cleared for IFCA to continue its march toward the next line of defense at .575.
However, if the enemy force is still strong, IFCA might need to resupply once again.
DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors coupled with just a little or totally nonexistent fundamentals. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
HWGB-WD: Sectoral Tailwind to Push Back Price to .815 levelMYX:HWGB-WD is poised to retest its .815 retracement level after successfully broken the downtrend resistance. It has also succesfully bounced from the RBS and now is ready to fly to the next roof.
Currently its mother trades just shy below RM1 while its peers like MYX:SOLUTN and MYX:BINTAI had already broken past RM1 and maintain above that level.
We could potentially see HWGB to follow suit as early as this week.
DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors coupled with just a little or totally nonexistent fundamentals. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
LONG: On its way to test next Resistance at .15MYX:ZELAN has been breaking up trendline resistance and might continue to do so especially given the sectoral comeback post-budget 2021 which saw some bullishness towards construction sector.
Any pullback can be strategically averaged down as long as it does not break below .10.
DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors imbued with a little fundamental support. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
