Klsetrade
HARTA Short term price peak show in 5 minutesTransaction today shows high volume at the day high with price maintained in the same range .
This shows the price is reaching the price peak with potential selling pressure coming in.
Based on our analysis, next trading day price will not sustained at the high side. Price might fall after morning price hike.
Build up volume and momentumPrice action breaking up a long term downtrend resistant line with building up volume .
Construction sector will have a short/mid term rebound.
Targeting +10% - +50% profit from current RM1.11
Risk Reward ratio: 1.5
TP1: RM1.25
TP2: RM1.45
TP3: RM1.65
Cut loss : -10% (RM1)
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INARI : Price set to for rebound22nd Nov intraday price & volume action shows big boys have the intention to mark the price higher with lesser volume created during price down.
Which signal selling pressure from the big boys is reduced compare to last week.
Our view : we are expecting a rebound in the next few days.
TOPGLOV : Sign of markup intention from intraday Price & VolumeWe posted a pause of price fall on 17th Nov & waiting for rebound signals shows from big boys transaction data.
on 22nd Nov, stock prices are obviously maintained higher price at the 2nd half of the trading session. Although high volumes are created earlier in the morning indicating selling pressure, but the stock price didn't go down further. This shows a good bottom is forming.
Based on our view, we expecting a rebound will be coming in the next few trading days.
TOPGLOV Showing Sign of Short Term Bottomon 17th Nov 5 mins charts shows high volume with price maintained the same price level when is near to the end of the day.
This shows the sign of the price is bottoming soon. But continue to monitor for any sign of big boys' intention to mark the price higher later.
Take note : this shows the sign of short term price pause, any long term or mid term rebound will require to monitor the price & volume have any sign of longer term rebound.
Retrace After Triangle BreakoutSYSCORP shows triangle breakout 2 with high volume on 1st NOV 2022.
This technical signal will attract many technical traders entering into this stocks.
However, from the 5 mins chart of 2nd Nov shows some selling with high volume, together with high volume price not marking higher.
This usually happens when the big boys are getting ready to dispose some shares to investors who park their buy orders at the lower buy price.
From our point of view, we see the stock price may have a retrace in the upcoming trading days.
Selling pressure is in HARTA
*refer to the image link*
Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher.
This indicates the big boys have no intention to mark the price higher & a price retracement is on the way.
High volume price down happens around 11:40 & 12:15 shows the selling pressure is in.
We see a few glove makers are having the same price & volume movement. Today shows the first day of high volume sell down within the day. We expect price retrace in the next few days.
KLSE : Precise Rebound Analysis with 5 mins chartTo time a perfect rebound for trading, common technical analysis is not going to help much. Due to the signal is always late, causes our entry at the high price & price fall after that.
Common technical analysis often use average price & volume for indicator or price up with high volume , which the big boys often use this method to attract investors attention for them to take profit.
If we want to make rebound trade or find the bottom of the price, we need to know WHEN will the big boys markup the price & WHAT kind of price movement the big boys will transact before the markup.
We find price bottom very different from the traditional analysis, we don't use support line, indicators, nor candlestick pattern. We use a more effective analysis to find the price bottom, by looking at 5 mins chart.
Below explanation is 1 of our previous trade in ECOWLD, which we have taken the profit after that.
Kindly zoom in to 21st OCT & 25 OCT for visual explanation.
*we are not allow to insert image link because we haven't got enough of reputation point*
On 21st OCT we can see the 5 mins chart have volume created with price maintaining at the high price. This shows the big boys have intention to markup price the next day.
That's where we enter the trade on 25th morning ant take profit on 27th before the price down.
Stock price move according to the big boys expectation & every price moves have an intention to attract buyers attention with price mark up.
Big Boys will sell fraction of their shares for profit when there are enough retail investors place buy orders at the lower price. That's the reason for price retrace in an uptrend.
Big boys in KLSE often have this price movement before any short term rebound. By understanding the big boys operation style, we will know the next day price movement before the price fall or up.
KLSE Advance Analysis : Price BottomDisclaimer : Opinions below are based on our own analysis & for educational purposes only. It does not constitute an offer to buy or sell securities mentioned herein. Viewers/readers should do their own research & studies before investing. Round & Surge or its associates are not responsible for any trading or investment losses incurred.
We often analyse daily charts for stocks in KLSE. This is because the stock prices in the 5 mins chart are not as "beautiful" or well formed as the daily candlestick. But not for us, we find the most important information of the big boys next move are shown in the 5 mins chart & their transaction data.
Although there aren't well-formed candlesticks in the 5 mins chart, analysing the price & volume flow will help us to understand more about the current intention of the big boys, whether there will be a price pause or continuation of price in the short term.
Example in this stock we can see the price down in the daily chart on 21 October 2022, which many retail investors who bought at the higher price for their own reason would have been panicking. They could be Google-ing for the answer of the price fall (Often we don't find any reason for its price action.) and wondering whether the price will fall further?
Traditional way to look for a price bottom is either by the guts feeling of "is too low to go lower" or using the technical support. Finding where the next support & watch whether it will rebound.
To find the bottom of the price, we will need to look into the 5 mins chart to analyse where the major volumes are created within the day.
*kindly open the 5 mins chart of 21 OCT 2022. Not able to post 5 mins chart in idea*
We can see the volumes are mainly created at the day low from the 5 mins chart, which shows multiple high volumes but price is not moving lower. If the selling pressure is high, the price should go down lower instead of staying at the same price. From our point of view, this price & volume action is a sign of a pause in price fall or the price fall is softened.
But this is only a PAUSE, it is not showing signs the price will have a markup or rebound. We will need to wait for the big boys to show us that they have intention to mark the price higher to attract buyers in for profit taking at higher price. The price movement now is just indicating there aren't any buyers in the market for the big boys to sell their shares.
*Note : a pause in price is not a signal of rebound, the price might stay sideways within a price range & continue to fall. For short term traders, always wait for the big boys to show us that they have intention to mark higher. It is always about the best timing, not the best entry price.
When will the price markup? We will have to continue monitoring the price movement after this for price & volume actions that show the big boys are ready to mark higher. How far will they mark the price up will depend on how soon the big boys distribute their remaining shareholding.
Visit our website to find out more about our upcoming webinar to learn the detail price & volume analysis for KLSE!
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
TNLOGIS positive momentum building upHigh volume is building up,
buying momentum positive.
Possible challenging previous high, RM1.10
1st TP : RM0.95
2nd TP : RM1.10
CL : RM0.845
Risk & Reward : 4
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Possible technical outbreakLooking at last friday closing with high volume on last trading hours,
buying momentum is building up.
Possible challenging RM1.
TP : RM1
CL : RM0.87
Risk & Reward : 3
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Disclaimer
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Possible technical breakoutPrice action breaking up a long term downtrend resistant line with building up volume .
Some FA info, this company is doing apparel, textiles, fabrics.
And recently they are doing fabric reusable face mask, PROXMASK, www.prolexus.com.my
Targeting +10% - +20% profit from current RM1.12
Risk Reward ratio: 1.8++
Cut loss : -6% (RM1.05)
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Disclaimer
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Positive Momentum building upPrice action breaking up high with increasing volume.
Targeting +10% profit from current 0.675
Risk Reward ratio: 2++
Cut loss : -5% (RM0.64)
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Possible technical outbreakBoth green lines form a triangle squeeze
Monitor closely, if a strong green bar appear and crossing up, is a strong buy signal.
Suggest entry price 0.595
My first TP will be 0.72
Cut loss if anything go lower than 0.52
Risk reward ratio = 1.7
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Rebound aim 10%SDRED sharp fall from previous high and rebounded on the moving average(purple line).
I'm aiming for a further 10% rebound from here, 0.76.
Cut loss if it drop below 0.735.
Please be aware, this is a high risk move.
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Disclaimer
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3rd attempt to break thru resistantDKSH is trying the 3rd attempt to break the previous high at 3.8
once it successfully break 3.8, we can aim higher for 4.26 and 5.5.
Cut loss if anything go lower than 3.17
Risk reward ratio = 3
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Possible Technical Outbreak 0.43Broke the long-term downtrend line (Yellow dotted line)
Lower low and higher high slowly in form (Uptrend tunnel)
Monitor closely, if a strong green bar appear and crossing up 0.435 with high volume.
My first TP will be 0.5
Cut loss if anything go lower than 0.325
Risk reward ratio = 2.5
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Disclaimer
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strong buying interest on PasdecPasdec have a strong buying volume on closing today, and it is near the previous high.
0.405 is 1 of the resistant line, if it continues to go higher,
next target will be 0.45 ; 0.51 ; 0.57
1st support 0.37 ; 2nd support 0.32
cross any lower should cut loss!
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.