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Malaysia

MAYBANK - Head & Shoulder APA LAGIThe profit target for the pattern is the price difference between the head and the low point of either shoulder. I would say it's RM1.05 differential. Having said that, imo the demand area for a bounce or reversal would be around RM7.00. Covid-19 daily cases in Malaysia have been breaking ATH after ATH. The nation's healthcare system is at a breaking point. Govt warns it will impose full-scale lockdown if infections don't decrease. Still, Maybank is Malaysia's largest bank and the largest company. I will be definitely looking to add by stages if it really hit my target price.
MYX:MAYBANK
by Inandouthunter
3
Malaysia Tech Sector - Dufu, JHM, MI, Penta, VS Buy or Sell?Since 2 weeks ago, Malaysia technology sector including OSAT (Outsourced Semiconductor Assembly and Test), ATE (Automated Testing Equipment), EMS (Electronic Manufacturing Services) and other supporting groups has charging up due to global chip shortage. MYX:DUFU , MYX:JHM , MYX:MI , MYX:PENTA and MYX:VS have been selected because they are potentially at the pivot point based on price action trading and volume spread with Wyckoff analysis. Find out the trading plan of DUFU, JHM, MI, PENTA and VS with entry point and stop loss based on either breakout trading or simple pullback trading strategy.
MYX:VSLong
by mingjong
4
COVID-19 Wave 2 onset and ongoing... SG, MY, ID and CNAs posted weeks to months ago, it is becoming clearer than daylight that Wave 2 is upon us in 2021. As described previously, the CONFIRMNED charts here have a peciliarity... that the MACD histograms hint of the trend months ahead in advance. As observable, Singapore is currently maanging pretty well, but is heading towards a Wave 2 slowly and surely. The trend is telling us that for the past 16 weeks (4 months) already!!! SG's neighbours Indonesia (lower left) and Malaysia (lower right) have been having trouble keeping the lid on it... with Indonesia experiencing Wave 1.2, and Malaysia in a massive Wave 2. China, top right, had a similar build up to SG and is pretty much in a mild Wave 2 currently. Clearly, showing the path of what to expect as Singapore is heading down the same road. 16 weeks of notice, and nothing solid is being done to stop the wave from reaching. At this rate, by about Chinese New Year, SG should be in Wave 2 proper. In any case, pretty much the whole world is sinking into Wave 2 already... Contrary to the main belief, the vaccine availability, intended to slow down the spread, may actually allow expectations to rise, and a false sense of security to set in... this is where the virus will be taking advantage, as it creates variants, and penetrates through populations So there... INCOMING!
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by Auguraltrader
2
KOSSAN - Potential ST Long (Learning Notes #12) (Paper Trade #1)Enter above RM 4.05 TP 1 RM 4.55 TP 2 RM 5.16 CL RM 3.75 Hello Traders, I am currently learning Technical Analysis , and the ideas I post are what I call ("Learning Notes"). Comments on my analysis are very much welcome and will be greatly appreciated. If you like my analysis, kindly drop a like and follow me! :) Let us learn together, and grow together to be a better trader! Sincerely, Kenneth Lee Disclaimer: This is not a long/short recommendation, nor should it lead to any market actions and/or activities. Trade at your own risk.
MYX:KOSSANLong
by Croissant_Life
2
ECOHLDS (Learning Notes #11)Entry : RM 0.235 Cl : RM 0.23 (-6%) TP1 / TP2 : RM 0.27 (10%) / RM 0.29 (18%) Risk Reward : 1.67 / 3 Hello Traders, I am currently learning Technical Analysis , and the ideas I post are what I call ("Learning Notes"). Comments on my analysis are very much welcome and will be greatly appreciated. If you like my analysis, kindly drop a like and follow me! :) Let us learn together, and grow together to be a better trader! Sincerely, Kenneth Lee Disclaimer: This is not a long/short recommendation, nor should it lead to any market actions and/or activities. Trade at your own risk.
MYX:ECOHLDSLong
by Croissant_Life
Topglov - FA or TA? Who wins? (Learning Notes #10)Hello Traders, I am currently learning Technical Analysis , and the ideas I post are what I call ("Learning Notes"). Comments on my analysis are very much welcome and will be greatly appreciated. If you like my analysis, kindly drop a like and follow me! :) Let us learn together, and grow together to be a better trader! Sincerely, Kenneth Lee Disclaimer: This is not a long/short recommendation, nor should it lead to any market actions and/or activities. Trade at your own risk.
MYX:TOPGLOVShort
by Croissant_Life
COVID-19 check-in on Singapore, Malaysia, Indonesia and ChinaSimilarly to previous scan set up... Singapore numbers are rising, heads up given weeks ago, and still continue to rise... once the MACD histogram crosses above zero, it is highly likely to be the next wave. Having said that, you can see China’s chart is just about starting up (ahead for Singapore), and after Chinese New Year, would likely be a spike or Wave 2 in motion, IMHO, it has already started for China. Indonesia is accelerating again in their initial wave... Malaysia is deep into Wave 2 and has not peaked out yet. Risks are there, and honestly does not appear that a vaccine would quell the pandemic. Perhaps mitigate the spread and moderate its acceleration somewhat. So be prepared. We are getting data heads up weeks, maybe months in advance.
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by Auguraltrader
Nov18: FKLI (1D) - Sideways-Down <162x, Watch UTL Breakdown 🐻📉Index testing prev major LH near 162x, with momentum weakness above 158x... Fundamentally, there's a lack of new positive triggers for price to go higher, neither for a strong bear case (unless go full MCO again)... Thus, I'm keeping to a wide sideways-down view as long as Major R / 1600 mark resists. Watch: Immediate UTL breakdown , may invite bears Shall we reverse down from here, a downmove similar to that in August month may take place, pretty good range if true. ;) Happy Hunting! 🥂🚀 -jk-
MYX:FKLI1!
by jeanne_k
Nov18: CPO(1D) - Shall 3200 Hold, Likely See Rally to 3.4-3.6k🐮Bulls taking a breather as active contract move to Feb2021. Major S: 320x-6x >> Watch if hold on test... If support hold, Look for rally towards R1-R3: 340x-5x, 350x-5x, 360x-5x in about 2weeks time. ;) I've been on Long since turn Nov, check out my many other social platforms for latest charts & market updates. 🔔⭐️ Check out my prev post on a Major CPO Bull Cycle (happening now!) ❇️https://www.tradingview.com/i/CwQkXxdU/ Happy Hunting! 🥂🚀 -jk-
MYX:FCPO1!Long
by jeanne_k