HSS in the cross-road (HSS Engineers; 0185.kl)Observation (14/4):
HSS Engineers is one of the construction Companies that is involved in the newly revised ECRL project, overseeing the Designing & Engineering aspect. The stock has been on an Uptrend since early of this year. Based on analysis at the following Pointer:
A) Price was moving within a Trading Range with very low vol.
B) Price enters Mark-Up stage (S2) and move within the Uptrend range. We can see as of 12/4, price did a pullback with the closing within the Uptrend range.
Conclusion:
At present, price is facing strong resistance at RM1.29. It did a pullback on 12/4. There are three (3) possible scenario for this stock:
a) In order for price to move up further, it needs to have either a strong SOS (i.e. Spring or Line Change) with high vol.
b) Price may trade within RM1.15 - RM1.29 (taking a short rest) before moving up. During this time, vol. is crucial.
c) If price break below Trading Range level at RM1.15 with high vol., we consider there is no interest to push price further, hence beginning of Mark-Down phase (S4).
Read my earlier comment on HSS Engineers by clicking on the link below (Bahasa Malaysia version).
KLSE
Got Debts? let me help you. Here you go MYR 6 billion.Too big to fail.
New PH government will use this company to prove their ability to recover Malaysia GLC and economy.
Buy at your own risk.
let's profit/loss together.
NOVAMSC (0026) a Price Breakout into Long Term Uptrend Pending.Kindly click FOLLOW to receive more updates.
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NOVAMSC (0026)
A Price Breakout into long term uptrend pending. A close above RM0.130 and maintain above this level will keep this stock in its upward momentum in the long run.
**IMPORTANT**
Ideas shared are merely just for analysis and studies. No buy or sell call actions should be taken seriously unless the person reading this has done his/her part of analysis at their own free will.
Potential Bullish Flag, BJTOTOPotential bullish flag pattern spotted in daily chart of BJTOTO,
a break above 2.35 present a buying opportunities for capital gains and dividends.
RCE CAP BHD (Bullish Still)View On RCE CAP BHD(25 Feb 2019)
It is in a decent bull trend and it shall "easily" retouch 1.715 again. The other tgts are 1.775 and 1.855.
So far, we do not see signs of bearishness just yet.
DYODD, all the best and read the disclaimer too.
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BURSA buy (?)I can see BURSA reaching RM8.10 in the coming months. With their first dividend announced, I think BURSA is a good stock to buy and hold for the first half of the year. What are others thinking?
Datasonic Bhd oversold on weekly charts caDatasonic Bhd oversold on weekly charts can rise above 0.490 level 0.550 possible and on lower side 0.410 is major support
Hibiscus petroleum Bhd looks weakAs per Weekly chart of Hibiscus petroleum Bhd trend in falling wedge with narrowing in downward slope. Till it not break 1.10 on upside we can expect stock can slide to 0.980-0.930.
Singtel stock stock can slide furtherSingtel stock after breaking upward sloping trend line retest it and falling from that level.
To continue bullish stance stock need to close above 3.12. Else below 3.05 can slide further to test previous low where new possible down move as per volume depends.
Telekom Malaysia Bhd up move expectedTelekom Malaysia Bhd up move expected. stock form higher high and breaks above resistance level of 2.47.Long position should be initiated with price TGT 2.70-2.90.
on false move keep closing position below 2.35.
Sembcorp Ind took support may form Double Botton After Weak earning stock fall sharply and made low around 2.60.To consider downtrend is over stock have to close and trade above Level of 2.72.
All major Exponential Moving Averages are still pointing downwards. Fresh Down ward momentum picks up when stocks close below 2.60 and open downward trajectory till 2.50
Malaysia Stock Index (*The Bad Always Wins)KLSE
From the way I look at it, KLSE is priming for a nice swing up to the upward move or even a strong break out up.
That could possibly mean "the corrupt wins" and "The business as usual".
How I wish, my analysis is dead wrong this time.
DYODD and Trade Safe
s0nic
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The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
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The incumbent government is set to lose the ruling power.Price level satisfaction can only be achieved if FBMKLCI retest 1775, to conclude the correction (which began in Feb 2018), based on a combination WXY ElliottWave structure.
The wave Y is a reverse symmetry (expanding) triangle, with wave E aiming for 1775.
Price level 1775 will coincide with 61.8% retracement of the previous uptrend (Dec 2017 to Feb 2018).
The price structure is setting tone for the incumbent to lose the ruling power for the first time of history, smashing the beliefs of most financial analyst.
Remark: Very tricky!
Immediate term very bearish, once 1775 mark is hit, sentiment will reverse to bullish, inflicting maximum confusion to traders.
STOCK REVIEW : MIECO CHIPBOARD BHD (5001)INTRADAY ANALYSIS
Two times rejection? possibility change the trends? We will see, if they break through support zone S1 & S2. It means, the continue bearish trend. But if they do rejection at this zone. It's time to BUY this stock.
Analysis from Ghibli & Co. Hedge Fund Capital (Malaysia).
Any inquiries about investment/analysis please contact us ghiblico.my@gmail.com
FBMKLCI Elliott Wave countPersonal opinion on Elliott Wave count of FBMKLCI.
We are still in the Intermediate wave 2, Primary wave ((3)) of Cycle V.
Long story short, FBMKLCI is poised to create all time high, but the timing cant be said for sure, rest assured, FBMKLCI extremely unlikely to break 1616 support, or else all the previous wave count will be nullified.
KLSE chart KLSE seem in correction phase right now .
Will go in range 1550 - 1650 , before make new move ( bullish )
Should not be worried because this is bolehland .
While world having too much crisis , Malaysia keep calm .
KLSE Index is in a very big trouble aheadI seldom do local KLSE index analysis, but I can't help myself to notice the obvious patterns and highly potential direction for this index in the very near future which could affect a lot of KLSE stock investors who might still are unaware of the real situation.
From the KLSE Month chart, we can clearly see the dreaded Head and Shoulder pattern that can indicate any change of major trend direction. The index is making a move up at the movement in a wedge pattern and it's a very clear retracement move or what we called as "Dead Cat Bounce".
The index had retraced to 1650 level where the Fib-R 38.2 is situated, if it goes south now it will most likely heading to 1350 level where the Fib-E 138.2 and the larger Fib-R 50.0 are situated. Usually the same price retrace will equate to the same price extension on the other direction.
While the Index can still retrace up to 1750 level were the Fib-R 61.8 is situated, it can go south to the 1250 level where the Fib-E 161.8 and the larger Fib-R 61.8 are situated. This would be the ideal price level that the index might found its bottom where there's a very long term trend line support also confluence there.
So this might be a very good time for KLSE stock investor to unload their remaining shares and stay out at the side line, it's also safer this way since another GFC is just looming around the next corner in 2016.
