Strong buy in, TP 3.3Very strong buying momentum.
Price firmly broke out previous resistant 2.66 with much higher volume and strength.
I'm expecting first TP @ 2.94, then 3.33.
Considering cutloss at 2.4.
Risk & Reward ratio = 2
TP = 20%
CL = -10%
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Klsetrade
CIMB possible cup and handle patternCIMB supporting at this MA area, and it has possibly forming an uptrend cup and handle pattern.
Looking at the financial sector / fbmklci, there's a possible rebound.
If this zone confirm the support, possible TP will be at 4.95, 5.26, 5.6
The supporting price is at 3.8.
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2nd swing trade entryUzma testing on the new support/ higher low.
The support fall on the long-term downtrend resistance(blue line), now become the uptrend support.
Will be testing the previous high again @ 0.895
TP : 20% / 0.895 ++
SL : -10% / 0.665
Risk reward ratio = 2++
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2nd entry and possible ATHEarlier we have an entry signal for this, reach the TP and successfully close it, now it fall on the support line where selling pressure is low.
Price action and volume , showing buyers' power increase.
Risk reward ratio = 1.38
TP = RM1.40 / +20% or more
CL = RM1.03
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Immediate support for all glovesGreen line = downtrend X line, supporting line
price fall exactly around the X line and Fibonacci line, showing that here is one strong supporting zone.
Buy for a rebound play, expecting rebound to RM5.2 ~ RM5.6.
Consider a minimal risk to enter at this price.
Cutloss = -10%
SMCAP rebound from supportExpecting a rebound from bottom of the uptrend tunnel.
Selling pressure getting low, and buying momentum increase.
Risk reward ratio = 2.7
TP = 20%+
CL = -8%
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TNLOGIS swing reboundTNLOGIS trying it 3rd attempt to break up the resistant level
MACD momentum is stronger than previous high and the current price level is at the bottom of the uptrend tunnel.
We can do a swing trade here.
Volume is still missing out
Can monitor at this one, if volume coming in,
I will expect TP around RM1.11(+20%)
CL : -7%
Risk reward ratio : 3.8
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HUMEIND challenging previous resistancePrice now RM1.04
Trying to break previous high resistance.
What is different with previous high are, this time buying volume has increase, and momentum/macd is stronger than before.
Price action is also at the support of midterm Moving average line.
TP +10%
CL -4%
Risk reward ratio : 3
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Systech breakout from the accumulation Price had been staying there for 5 months,
Price action breaking up high with strong volume.
Targeting +30% profit from current 0.225
Risk Reward ratio: 3++
Cutloss : -9%
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SDS breaking previous high resistantChart pattern is forming a triangle earlier, and price just break up, and stop at previous high.
wait for a confirm breakout 0.275, then only buy in
Risk reward ratio = 2+
CL = -10%
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IRIS - SHORT?You might be interested to buy this stock since they won a multibillion project from the government. You frustrated that you didn't get to buy it during it prices at 0.15 area. You are so down and when you see that it's prices is going down during the last week you were thinking that this is the time to buy. Well might want to save your money instead. Technically it looks bearish. Not sure what's going on but it didn't look great. The share might go back to it's original 0.15-0.16 base. From there if you still like to the stock, maybe you can start accumulating again. Will it go there? Well only time will tell.
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Cup & Handle PatternAwantec is forming a perfect cup & handle pattern.
Expecting it will breaking up previous new high, around RM 1, and going all the way up.
Risk reward ratio = 2.2
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N2N ready for a breakoutChart pattern is forming a triangle, entering a squeeze.
Expecting it will challenging previous new high, around RM 0.90 (+20%)
Risk reward ratio = 2.8
CL = -7%
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TECHBOND challenging previous highTechbond has reached its previous high and trying to breakout an All-Time High,
what differences with the previous high are, the volume is building up
and MACD goes higher, showing that buyer's interests are much higher than before.
Risk & Reward: 4.59
I will give a TP of +26%
and CL at 5%
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MYEG uptrend continueChart pattern is forming a flag pennant(VCP), entering a squeeze.
Put in your watchlist, and monitor closely.
Expecting it will breaking up new high, around RM2.40
Risk reward ratio = 5
CL = -5%
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MSM rebounding upMSM, a lower low and higher high form,
buying strength can found at 0.57-0.6 solid green bar.
setting a low target for this first, 0.69, 0.75.
RiskReward ratio = 2
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Pertama buying interest remain positivePERTAMA very strong buying, 3rd attempt to break out the resistance.
Price action and volume , showing buyers' power increase.
And it bounce up from a supporting moving average line.
Risk reward ratio = 1.75
TP = +10%-20% or more
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ARBB second attempt push up higherAfter a long time of sideways and accumulation,
Volume is pushing in the last 2 hours before trade ends.
Expecting a breakout will come very soon.
Rish & Reward = 2
TP 1 = 0.315
TP 2 = 0.40
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INARI resistant breakoutINARI strong buying broke out resistance level.
Price action and volume, showing buyers' power increase.
Risk reward ratio = 2.8
TP = +12% or more
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LUXCHEM selling power decreaseExpecting a rebound from bottom of the uptrend tunnel (if this is the support).
Risk reward ratio = 4
TP = 20%+
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SamChem Resistant breakoutSAMCHEM has almost reached previous high.
Volume increase and last bar close show that buyer interest increase.
TP will be 20%++
Risk & reward ratio : 1.5
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PMBTECH strong buyingPMBTECH very strong buying, getting ready to break out the resistant.
Price action and volume , showing buyers' power increase.
And it bounce up from bottom of uptrend tunnel.
Risk reward ratio = 3.2
TP = +15% or more
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