ANNJOOMYX:ANNJOO
UPTREND
WAIT FOR SLOW TURTLE BREAKOUT TRADE
MCDX+ TURN STRONG
FIFT +VE RECHARGE/
ATOM BUY
Klci
Buy on Uptrend Channel Breakout (BULL)QES ~ very BULL
3 days confirmed stand above uptrend channel (very bullish)
Yesterday test previous resistance 0.35. Resistance turned into the support area. Can set main support at 0.35.
Today breakout neckline resistance.
FA - Healthy
Valuation - not yet too overvalue compare to other technology stock
Unisem suppliers - Recently be awarded a lot of order from Unisem
News - Technology supply chain shortage (international giant tech company request tsmc taiwan to increase production to 200% haha
BursaMYX:BURSA
Inverse HnS
Slow Turtle Buy(B) use for BOB
FiFT +ve recharge
MCDX+ Spike +ve
SL: Below 8
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!
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!
BINTAI KINDEN CORPORATIONMy view on BINTAI:
1) Im looking to enter in the Cyan zone.
2) My entry is upon bullish reversal of Stochastic indicator in M15 timeframe.
3) My targeted profit zone is around 0.740.
BINTAI Fundamental overview:
Share prices of both Yong Tai and Bintai Kinden have skyrocketed since announcing their respective vaccine distribution ventures last year. Bintai Kinden's stock performance has been even more impressive, having jumped over 505% from 11 sen a year ago to 66.5 sen today. However, from its recent closing peak of RM1.39 on Dec 7, 2020, it has fallen about 51%. Prior to the announcement of its vaccine venture, the stock had been trading below 20 sen for three years.
Interestingly, Bintai Kinden's largest and second largest shareholders dumped the company's shares in December — four months after the August announcement of Bintai Kinden's venture into the healthcare business.
Its second largest shareholder Nusankota Development Sdn Bhd sold its entire stake of 50.03 million shares or 14.4% interest in the company in the open market on Dec 16, 2020. On the same day, Bintai Kinden's largest shareholder, Bintai Holdings (M) Sdn Bhd, sold 28.5 million shares or a 8.14% stake in the group, which reduced its shareholding to 31.69 million shares or 9.05%.
POWER ROOT BERHADMy opinions for PWROOT:
1) I'm inclined to enter the second zone for long term.
2) There are a lot of significant SNR zone in zone 2.
3) If you are looking for a long term, then 2nd zone is for you
4) If you are a day trader, looking for 5 to 6% of gain, you can enter in zone 1 when M15 timeframe Stoch is making a Bullish Reversal.
5) EPS looks good,
Good Luck.
YONGTAI opportunitiesMy opinion on YONGTAI.
1) My "bullseye" target will be in Zone 2
2) Price between 0.255 to a minimum of 0.230
3) Yongtai is expected to bring in China Vaccination by the third quarter of this year.
4) They are still waiting for MOH NPRA approval to import vaccines from Shenzen Kangtai Biology.
5) Zone 2 in my opinion still the best zone to put your money on.
6) Monthly timeframe "Stoch" indicator showing that it is on the bullish trend.
Good Luck!
FKLI Q1 Outlook: Sideways Down to Major S-zone 144x-8x 🐻📉Technicals
Jan: Test major R @ 162x-4x 📈📉
Feb: Test major S1 or S2 🐻🐻
March: Test major S2 or S3 📈🐻
👇🏻 Prev idea on potential Dec2020 Top Formation
🔔 Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO, Political instability (Malaysia), US President transition, Geopolitical tension in Iran/Taiwan
I'm short bias for FKLI for Q1, looking to add to current position shorts shall Major R fails.
Happy Hunting! 🥂🚀
-jk-
PHARMANIAGASupport 4900.
Long term prospek sebab vaccine player.
Distribute vaccine Sinovac.
Cl below 4000.
MALAYSIA STOCKstudy purpose, if you have any opinion please comment
MYEG has created bullish pennant, this show that if MYEG success to break resistant zone it will highly go up.
FBMKLCI nightmare is over, is it? Towards LT 2300 pointsWe review FBMKLCI performance from 1983, as with other market, is on long term upward bullish trend with high volatility. Economic and financial cycle is obvious from the chart, with KLCI was responding to the bullishness and bearishness of the world financial environment. Suffice to say, 10 years cycle is imminent from the chart.
When FBMKLCI touched ATH during 2014 and subsequently failed to produce new high in 2018, although not favoured, it went down to the extreme point of lower regression area during Covid-19 crisis. With the new development that covid 19 will be possibly over, and the recovery is on the track, we think that the nightmare is done, and FBMKLCI will be good to go upper regression band in the future. We think in next 5 years, FBMKLCI will be in bullish mode, underpinned by strong recovery in many sectors, particularly finance, industrials, tech and construction.
Risk: Political risk will always surrounds Malaysian market for quite a while, and has no sign of slowing down to achieve stability. Until real election taking place and solid ruling party with good track record and ability, we might experience a lot of uncertainties.
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!
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.
KLCI Index broke above resistance .. time to long all Big Stocks1620 has been a strong resistance point for KLCI for a long time. It has just broken it this week and it's good time to LONG all fundamentally sound companies especially those that has profitable income and net cash
