DAYANG ENTERPRISE HOLDING OUTLOOK (05/04/2022)This counter is showing a sideways neutral movement from a long time. but is expected to make a upward trend.
If its breaks the resistance of 0.950 then make an Recent All time high.
It is expected to go up till 1.020.
Resistance:- 0.950,1.025
Support:- 0.920, 0.885
The Relative Strength Index (RSI) is at 66.64
KLSE
KPOWER Breakout TradeMYX:KPOWER
Breakout Trend Line with Slow Turtle Buy
FiFT Bull recharge
MCDX Banker 42%
Retailer 0%
Atom Buy and stay above River for potential rally.
First resistant 0.60
MSM Malaysia Holdings Bhd Outlook (04/04/2022)MSM Malaysia Holdings Bhd:-
This counters is expected to contiune it's upward trend as before till 1.010 and if reach can make an new high of 1.075.
Can considered for buying above 0.980
Resistance:-1.095,1.170
Support:- 0.850
The Relative Strength Index (RSI) is 71.81
SCANWOLF CORPORATION BHD (01/04/2022)SCANWOLF CORPORATION BHD:-
This Counter is running on an uptrend for long time and will continue to do so.
It is expected that it will continue makeing Higher Highs and higher Lows.
Currently trending at 0.460
Support:- 0.340,0.305
The Relative Strangth Index is at 71.64
Can be considered as an short buying option
SCANWOLF CORPORATION BHD (29/03/2022)SCANWOLF CORPORATION BHD
It is expecting a breakout at any time in this week. After A long Sideways Movement this counter is expecting a breakout because it is gaining volume with a triple bottom formation.
Support : 0.595,0.575
Proper Risk Profiling is recommended.
Buying move in MMS Ventures MMS Ventures rose and hit the RM 1.08 resistance level. With its 21-day moving average in an uptrend, coupled with a high a higher trading volume, there is a good change that it would experience a technical breakout and head towards the short-term target price of RM 1.12, followed by RM 1.15.
The downside support is marked at RM 1.03. Traders are advised to exit on a breach to avoid futher losses.
Trading Call: Buy on breakout RM 1.08
Target: RM 1.12, RM 1.15 (Time frame: 2-4 weeks)
Exit: RM 1.03
A Buying range in Kobay Technology Kobay Technology cimbed and touched the RM 6.04 resistance level. With its RSI Indicator pointing upward, coupled with a higher trading volume. We see a possibility for a technical breakout. If this happens, we expect it to move towards the short term target price of RM 6.25 abd RM 6.38. The downside support is projected at RM 5.77. Traders are advised to exit on a breach to avoid further losses.
Trading Call: Buy on breakout RM 6.04
Target: RM 6.25, RM 6.38 (time frane: 2-4 Weeks)
Cut loss: RM 5.77
Trade for ContraLooking Good to take from the reversal . For KLSE stocks intra day and contra day trading for Target and Stop loss
Text me in whats app +91 73138 16218
Since its commencement in 1985, the Hextar brand has been marking its place as one of Malaysia’s foremost agrochemical companies. Today, the Hextar Group is a leading crop management solutions provider, both domestically and globally, thanks to its specialised agrochemical products supply chain. From research and development, to manufacturing and distribution, Hextar has consistently provided new and improved superior agrochemical products to its customers.
IPMUDA (TP HIT and reverses big time) Told you soMYX:IPMUDA touches target area and reverts down big time. The power of charting.
Well done if you have taken profits.
Political impact on KLSE marketRead latest article here
Some years ago, I have seriously consider investing in Malaysia properties as part of my retirement plan and/or weekend get away. I am glad I did not commit as I discovered I had not study enough the market. I thanks my procrastination in this instance else I would be suffering huge losses.
Read article here. and here
Please do not let the 50% discount overwhelm you and start rushing to go buy the properties. With slower Covid-19 recovery and the new Political Party yet to settle down, it is best to wait and see (IF you really want to buy)
Remember, many of these condominiums and landed properties were built for foreigners like the Singaporeans and Chinese. They too have suffered especially those who have no holding power and horrified to see the value going south by the day.
However, I think the stock market may have a temporary rebound in view of the new appointment of the new PM. The FED has said they are prepared to taper and this will affect the global stock market (as you can see today all markets are in the red !)
From chart , we can see that price action remains bearish as it has yet to breakout from the main trend line. However, short term traders may want to seize this opportunity to ride the political wave to make some money!