HSSEB TARGET PRICE RM1.32.HSS ENGINEERING BERHAD may have some advantage if the New Malaysia Government failed to stop ECRL project which is collaboration with China Government.
Bursamalaysia
SAPURA ENERGY ACQUIRED BY EPF AT THE LOWEST PRICE RM0.585SEN.SAPURA ENERGY was acquired by EPF at the lowest price RM0.585Sen. This stock is good for investment with dividend yield 1.71% . For long term this stock may achieve the final target profit level fibonacci 4.236% at RM1.50.
BUY - EXCEL FORCE BHDThe price broke the resistance zone with large candle. Both 25 & 50 EMA also indicate the bullish bias. As usual, there is an exhaustion after push, so I target to BUY when the price retrace and show candlestick reversal pattern at lower timeframe.
CIMB - bullish with strong fundamentalsNews of "unfavourable political ties" and foreign investors pulling out of emerging markets has sent this ticker crashing downwards despite its solid fundamentals. If we assume that the price has already bottomed out at a critical support level of 5.32, we can be hopeful of a bullish reversal towards realising its actual value over the coming weeks/months ahead.
FCPO WAVE 4, DOUBLE THREE CORRECTIONPreferred view:
Target area for wave 4 cycle completion will be around 2300 - 2320.
Alternate view:
Trading below 2275 will give a good indication that wave 4 is already in place.
Let the market decide.
Happy trading guys!
FCPO COMPLEX CORRECTION WAVE 4 COMPLETE??FCPO ELLIOTT WAVE DAILY CHART ANALYSIS
Complex correction of wave 4 forming WXY double combo.
Where X wave = triangle , X = 3 structure & Y = irregular flat.
For this counting, im assuming the cycle of wave 4 already complete and expecting the decline movement from 2498 to unfold into five wave movement and my next target is at 2255 area.
FCPO INTRADAY - MOVING DOWN OR UP.FCPO 1 HOUR CHART ANALYSIS - INTRADAY
Expecting price to go lower to complete the final wave 5 cycle.
Bullish momentum for INARIINARI Amerton currently traded above kumo cloud which indicates a bullish sign. Tenkan sen above Kijun sen also indicates a bullish sign. Chikou span is above kumo cloud which give an indication for a bullish momentum. Resistance for INARI is RM 2.53 while the support is RM 2.3 and RM 2.
Further correction for KLCIKLCI might do a further correction since the breakout of the previous support at 1791 point. The next support zone is 1756 point . Overall, KLCI still in the uptrend bias. However, 1756 might be a turning point for bearish momentum. The other support zone is at 1707 point.
24 April 2018 post
