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9) johore tin- top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank... technical : let's look at some price action... johore tin has been trading sideway since 2017...now it is trapped in a possible "head-and-shoulder" pattern with the neckline formation at RM1.38... current support : RM1.38 lower support : RM1.28 resistance : RM1.62 - 1.76 Overall, johore tin is still in consolidation phase, breakout to either side shall signal us a buy or a sell... WARNING : this is juz a trading idea...trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
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by HAIDOJO_trading
8) hibiscus - top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank... technical : let's look at some price action... after a huge "head-and-shoulder" pattern, hibiscs has been tru a gap down in mid-March, and a slow, rebound has occurred... recent move, hibiscs is in asymmetrical triangle pattern, breaking to the upside is RM0.71-0.76 resistance while to the downside, is the RM0.55 support level... current support : RM0.55 lower support : RM0.40-0.25 resistance : RM0.71-0.76 Overall, hibiscus is still in consolidation phase, breakout to either side shall signal us a buy or a sell... WARNING : this is juz a trading idea...trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ** this is trade 88)
MYX:HIBISCS
by HAIDOJO_trading
The Problems With Retail Traders/Most PeopleI always tell people, if you don't understand how market works, DO NOT EVER touch the financial market. Yes, it is easy to open brokerage account and trade stocks, but how many people know and understand how to do it. I have tried to educate people, but to my dismay, only 1% of my targeted audience are really serious in learning how to trade and invest properly, the rest are there just to play around and thinking that they can become rich easily. And so, I have lost hope in humanity and in most people. They can reach financial freedom if they try to learn how to trade and invest properly, but most of them WILL NEVER reach financial freedom because of their attitude. Therefore, the status quo will remain. Topglove is now the third largest company in the Malaysian stock market, bigger than Tenaga Nasional. For sure, now the price has gone far ahead of Fundamentals. Yes, this is a good company, great company with good dividends. But market never works that way. Sometime in the future the market will PUNISH people. And for those retail traders who FOMOed in and who thinks that they can get rich by buying shares in glove markers, get ready for the day of reckoning and get ready for the slaughtering. The party will not last forever. I have many of my friends who never invested in stocks who and those who have not trade stock for longtime suddenly came RUNNING to me asking me if it is good time to buy Topglove and glove shares. This is one of many sign that we are almost close to the peak in the glove makers. Maybe they can go up more, maybe Top Glove can be number one market cap stock in Bursa Malaysia. Maybe it can reach 200 Billion Ringgit market cap. I don't care. From risk management perspective, it is no longer something that is viable and something where I want to put majority of my capital on. It's time to take profit. it's time to reduce profit. And I told all of these people to just ignore the market, don't ever to try to chase a rally when you don't understand. The smart people or trader knows when to buy and when to sell, you always have the opportunities to buy breakout or dips, but chasing blindly is never a wise strategy. But again, parabolic move and bubble always happen, the easy way to make money is to buy early enough when the trend is shifting and when the breakout is just happening and to try to ride it out as much as possible. And to warn people not to chase the rally. Everything else, nothing much we can do. Securities Commission and Bursa Malaysia, its your responbility to educate the masses, not to encourage speculation. But I doubt they care. They are only for money. Regards. Don't message or comments, I don't read them.
MYX:TOPGLOVEducation
by UnknownUnicorn735418
4
SUPERMX Hourly Chart Analysis on 12 July 2020SUPERMX 1 Hour Chart: 7/12/2020 Support : 10.88 , 13.04 Resistance : Higher average volume than mid-end June Momentum mostly remained on positive side since 29-Jun Currently it is above support uptrend line 1 with level support at around 13. At least hold on 13 to maintain the current uptrend and resistance can't be measured (keep breaking new high, no meaning to estimate resistance) You can send a private message or leave a comment if you are interested with the indicators shown. MYX:SUPERMX
MYX:SUPERMX
by ddddcplxx
1
HARTA Hourly Chart Analysis on 12 July 2020HARTA 1 Hour Chart: 7/12/2020 Support : 14.74 , 16.10 Resistance : 17.10 , 18.10 Higher average volume than end June (Currently same as mid-Jun) Momentum turned back to positive side on last Friday. The uptrend slope is quite flat compare to others. Near with the resistance region at 17.10 which breakout with large candle is required. Still moving above the short-term support uptrend line (important support on the structure) Based on the range the next target could be 18.10 You can send a private message or leave a comment if you are interested with the indicators shown. MYX:HARTA
MYX:HARTA
by ddddcplxx
KOSSAN Hourly Chart Analysis on 12 July 2020KOSSAN 1 Hour Chart: 7/12/2020 Support : 9.60, 10.90 Resistance : Higher average volume than mid-end June Momentum swung between positive(mostly)/neutral side since 29-Jun Currently it is above support uptrend line 1 (similar with SPMX) At least hold on support line 2 to maintain the current uptrend The highest uptrend line could be potential target estimator. You can send a private message or leave a comment if you are interested with the indicators shown. MYX:KOSSAN
MYX:KOSSAN
by ddddcplxx
TOPGLOV Hourly Chart Analysis on 12 July 2020TOPGLOV 1 Hour Chart: 7/12/2020 Support : 19.30 , 20.96 Resistance : Similar average volume with mid-end June but slightly higher. Momentum mostly maintained on positive side since 29-Jun. Currently it is above support uptrend line (white dotted line) At least hold on 20.96 or 19.30(more conservative) to maintain the current uptrend Based on the uptrend range (yellow line), the next short-term target might be around 23~23.10. You can send a private message or leave a comment if you are interested with the indicators shown. MYX:TOPGLOV
MYX:TOPGLOV
by ddddcplxx
1
COMFORT Hourly Chart Analysis on 12 July 2020COMFORT 1 Hour Chart::heart: 7/12/2020 Support : 3.03 , 3.30 Resistance : around 3.75, 3.95 Volume already lowered down from end-Jun / 6-July level Momentum kept swinging from positive/negative side (currently is slightly negative) Still faced resistance with the gap around 3.75( twice/third time already). 3.50 acts as short-term support level for COMFORT and waiting for breakout on either the gap level/3.50 to indicate further trend. You can send a private message or leave a comment if you are interested with the indicators shown. MYX:COMFORT
MYX:COMFORT
by ddddcplxx
REVENUE Hourly Chart Analysis on 12 July 2020REVENUE 1 Hour Chart::heart: 7/12/2020 Support : 1.13 , 1.27 Resistance : around 1.35 Volume on last Thur/Fri suddenly surge. Momentum remained on positive side since last Thursday. The main resistance at 1.27 was tested and broke with recent highest hourly volume. 1.27 acts as current support level for REVENUE. The upper white trend line can be treat as potential resistance line with target set at 1.38 (given 1.27 can be hold) You can send a private message or leave a comment if you are interested with the indicators shown. MYX:REVENUE
MYX:REVENUE
by ddddcplxx
SCOMNET Hourly Chart Analysis on 12 July 2020SCOMNET 1 Hour Chart::heart: 7/12/2020 Support : 1.13~1.16 , 1.30 Resistance : 1.38, 1.56 SCOMNET formed a huge gap that directly broke both resistance line and the previous gap was tried to be filled. Momentum kept swinging around positive/negative side within consolidation region around 1.20~1.30. 1.38 is current main observation point as this level is the lower bound of previous huge gap. You can send a private message or leave a comment if you are interested with the indicators shown. MYX:SCOMNET
MYX:SCOMNET
by ddddcplxx
July06: FKLI(1D) - Midterm ABC Correction to 140x-5x in ProgressMid-term ABC Correction went as expected, see prev post from June15. June15 - FKLI (1D) - Mid-term Correction towards 140x... 👇🏻👇🏻 Currently, we are in waveB (see: baby blue arrow marker), which may find resistance near R1, 154x-6x. Declining volume suggests/confirms the correctional-upwave. I'm positional Short for FKLI, holding thru next potential down-waveC, targeting S3,S4. Levels to Watch: R2: ~158x R1: 154x-6x Major S1: 147x-149x S2: 142x-4x Major S3: 138x-140x Happy Hunting! 🏹🎯 -jk-
MYX:FKLI1!Short
by jeanne_k
RUBEREX Hourly Chart Analysis on 29 June 2020RUBEREX 1 Hour Chart: 6/29/2020 Support : 2.66 Resistance : 3.01 , 3.28 Today QR released with nice result and therefore the resistance of 3.01 should be break easily on tomorrow. RUBEREX is almost to form a breakout on the consolidation area between 2.65 and 3.00. Momentum turned positive today and 3.28 can be aim if 3.0 can be hold/rebound from retracement. You are free to join our public discussion channel to obtain valuable information with the following link show at below. And also we only left with 1 promotion seat to be fill before 30-June. For further details please PM with admins inside the group. The details of momentum indicator will be announced soon, but you can private message this account to receive notification as soon as possible.
R
by ddddcplxx
SUPERMX Hourly Chart Analysis on 29 June 2020SUPERMX 1 Hour Chart: 6/29/2020 Support : 5.97, 6.75 Resistance : 7.70 , 8.05 It is absolutely a spectacular day for Glove counters today with a big candle cover up most of previous 2 weeks movement. SUPERMX hit and rebound from the previously-mentioned support level of 6.75 to 8.75 with most contribution on 2nd session. The momentum turned positive on 10am onward and followed with the breakout of both downtrend resistance lines which make the open price of last hour candle(around 7.5) can be set as short-term support for SUPERMX to retest 8.05 within days. You are free to join our public discussion channel to obtain valuable information with the following link show at below. And also we only left with 1 promotion seat to be fill before 30-June. For further details please PM with admins inside the group. The details of momentum indicator will be announced soon, but you can private message this account to receive notification as soon as possible. MYX:SUPERMX
MYX:SUPERMX
by ddddcplxx
Malaysian Penny Stocks - Whales Already Bored?Please, don't reach out to me, I don't have time to read your messages and comments and sorry, I don't care about you even if you are nice person. The reasons why I only look at facts/data and not opinions because you can't not cheat or hide facts. Here is one example. Year to date, Malaysia FMBACE index which represents small cap and penny stocks have been outperforming everything. When you chart FBMACE against FBMKLCI, FBMSCAP, TECHNOLOGY you can see that it has been doing quite well. Here, the FBMACE benchmark is almost at its all time high versus FBMKLCI since 2009 and about to break it. What does this means? How do you interpret it? It just means that the FBMACE is doing its own thing and is not tied to the benchmark. Which means that the whales and syndicates who are operating these small stock stocks are bored and wants to pump these stocks. Why the pump? Maybe they need to make money, maybe because retail investors are flocking to the market, especially considering that Bursa Malaysia has been making a lot of money recently. Why? I don't know. As someone who has been in the market for the past few years, I am very cautious with this development. Yes, some penny stocks will do 10-20x and then go back to ground and cause a lot of pain to the newbies. That's the reality of life. I never encourage people to invest/trade in the stock market until they understand how the games are being played. In fact, I have been discouraging people around me to play the market until they understand how the whales/syndicates play the game. If you are clever, you can make lots of money from trading these small cap or penny stocks but it is none of my business. I will trade and invest based on my risk profile. I don't really care. But you need to understand the game, then only you can succeed. Regards.
FTSEMYX:FBMACEEducation
by UnknownUnicorn735418
TOPGLOV Hourly Chart Analysis on 28 June 2020TOPGLOV 1 Hour Chart::heart: 6/21/2020 Support : 13.52 , 14.00 Resistance : 15.44 , 16.38 TOPGLOV rebound only hit at the lower bound of white arrow gap formed on early Jun which area around 15.44 can be set as another resistance region. With broken support line 1 and negative momentum formed since 25 Jun, 14.5-14.6 could be met easily with 14 as the strong support for next week. You are welcome to join our FREE public discussion channel to obtain valuable information by looking at our description. MYX:TOPGLOV
MYX:TOPGLOV
by ddddcplxx
Greatech Technology - Breakout of Previous High - Target Rm6-7Another Malaysian semiconductor play. P/S: I don't read message and comments. Stop reaching out to me. You need to figure out things on your own. I am very busy and I don't have time to response. There are many more important things in life, trading and investing is not part of that. You can earn enough money if you have the right skills and jobs and I would rather people work hard than gambling in the financial market. Financial market are for those people who are willing to put enough time and efforts and have mental capacity. It is not for everyone. The reasons why I share charts are just to show how the market works and operate, then it is up to you whether to pursue further or not. Regards.
MYX:GREATECEducation
by UnknownUnicorn735418