STOCK TRADING : 19) taliworks- top20jewelsMalaysiaStocks-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 125) frm haidojo trading…taliwrk has been in .consolidation since 2015...a possible huge bullish gartley pattern formation with D leg completion at RM0.52-0.58…SL below RM0.45…1st tp at RM0.75, 2nd at RM0.87…
current support : RM0.82-0.87
strong support : RM0.75
resistance : RM0.93 – 1.00
Overall, taliwrk is in consolidation phase…so either wait for breakout to the higher side to confirm a new uptrend, or wait for advanced pattern…
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW " are my main source of motivation to continue posting more valuable contents...TQ**
Malaysia
How A Market Melt Up - Malaysian Penny StocksSo, the benchmark Malaysian Penny Stocks Index (FBMACE) just went into melt up mode.
The indices were almost near its all time low on March and now has broken all time high and more than tripled in a matter of 5 months.
What is going on?
Simple. The Malaysian Market is SMALL in the grand scheme of things. There is nothing Fundamentally strong about Malaysian economy, in fact we are in recession.
A simple analogy, when you have a tank of water trying to fit into a cup, that's what happened. The Central Banks globally has just sent a tidal wave of unprecedented level. Therefore all of this money is going to go somewhere.
I doubt Malaysians or even Malaysian Funds have enough fund to pump this market. This market is certainly driven by foreign fund managers looking for cheap equities globally.
Well, Malaysian equities are no longer cheap and we are about to enter expensive or bubble mode.
I don't expect good things to happen after this, the ultimate corrections and crash will happen and many newbies and retailers are going to be left holding the bags. On all the pump and dump that is going. Reasons why I never tell anyone to enter the market now and shrug off any people who contacted me to ask about the market.
I know it will be the top of bubble when people who never talked to me for years suddenly call me up and talk to me.
Market always move in cycle. Anyone who try to BET AGAINST central banks are idiots. You either hold cash, hard assests or you remain invested.
Another reasons why most rich people in the world are not short sellers.
I expect this run up will continue for some time, then, we will peak. In the meantime, there will be many stocks that wll do 10-20x or even 50x. And then that's the end of it.
Don't reach out to me. You don't need to and I don't have time to. Sorry.
Regards.
STOCK TRADING : 18) solarvest - top 20 jewel series of malaysia -top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 118) frm haidojo trading…SLVEST has been in UPTREND since its inception in 2019…the recent “Big Fall” which happened in mid-March had sent it to a new low, at RM0.50…since then, it has rebound more than 300%...
current support : RM1.15-1.28
strong support : RM0.93-1.00
resistance : RM1.37-1.43
higher resistance : RM1.60
Overall, SLVEST is in an upward trendline…so KIV(Keep In View) for this one…
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW " are my main source of motivation to continue posting more valuable contents...TQ**
STOCK TRADING : 17) SCGM- top20JewelMalaysiaStocks-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 117) frm haidojo trading…SCGM has been in UPTREND since “THE BIG FALL” this mid-March 2020. Actually, it has been up for more 400% since the “Big Fall”…until recently, the price has broken to new structure high and reaches “no man land”…
current support : RM3.00-3.45
strong support : RM2.72
resistance : RM?
Overall, SCGM is in an upward trendline…so feeling sad for missed this one…
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW " are my main source of motivation to continue posting more valuable contents...TQ**
Aug03 - FKLI (1D) - Failing Major UTL, Will Invite Bears...🐻Prev post support target, S1: 154x-6x reached~ ✅
After whipsawing between 158x-161x for the most part of July, I believe we'll see further weakness on the index in August month;
with prolonged momentum weakness since June top, while price now testing the major UTL carrying rally from sub-1400. ⚠️
Watch: UTL (blue),
If UTL fail, we will see further weakness ahead. 🐻🐻
Multiple major & minor horizontal Support <156x has been marked. :)
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
Notion Vtec- Nice Gap Up - Undervalued As HellIt is such a nice thing to see an undervalued technology company finally make that big push, gap up on monthly level above that 90 cents and never going to look back.
Nothing is coincidence.
Apple gave strong earnings. TSM on tears, Nvidia on tears. Semiconductor on tears and therefore it will rise up everything else.
The bull market in Malaysia stocks are just started an at its beginning. All the large cap has start to rally, then it will go down and down to eventually even worthless penny stocks are going up.
But most people don't understand this and will never make money from the stock market. Because they don't ask critical questions, and be critical thinkers. Instead they are lazy. I don't really care about them.
Personally, I know more and more people started to ask me about the Malaysian stock market. I know we will reach bubble soon when someone who never talks to me for years suddenly call me and chat with me.
Don't reach out to me.
Regards.
STOCK TRADING :16) Sarawak plantation-top20jewelMalaysiaStocksTHIS IS TRADE 114) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
Swkplnt has been in DOWNTREND since 2012…until recently, the price still hasn’t broken abv the downward trendline…so, technically, it is still in downtrend…
current support : RM1.50
strong support : RM1.36
resistance : RM1.74-2.00
higher resistance : RM2.10 (critical and break abv this indicates breakout frm the downward trendline
Overall, Swkplnt is in a downward trendline…uhm…wait for a breakout first, ok? then we wait for buying opportunity…
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
STOCK TRADING : 15) redtone top20jewel series of malaysia stockTHIS IS TRADE 113) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
Redtone has been in DOWNTREND since 2015…the closest breakout was in feb 2019…then the “Big Fall” in mid-March this year, 2020…now the price fluctuates between RM0.30 -0.60…recently, a lower-high was formed at RM0.48, and a “lone island” formation which was likely a reversal signal…
current support : RM0.30-0.35…
strong support : RM0.16-0.20
resistance : RM0.48-0.60
Overall, Redtone is in a downward sideway…personally, I am NOT in favor of this one…hold your horse first, Redtone’s fans and stakeholders…this is my VERY BIAS opinion, OK…? no hard feeling…juz personal opinion, if you dun like it, it is totally fine…
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**
STOCK TRADING : 14) radiant globaltech- top 20 jewel series of mTHIS IS TRADE 104) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
RGtech was in downtrend since its IPO in 2018 till mid 2019…it hit the RM0.20 low…that price was hit again in the “Great Fall” during mid-March this year…recently, a new structure high has been formed and most likely the RM0.385 high will be broken soon…we expect RGtech to break abv RM0.40 in order to continue its new price high…
current support : RM0.34-0.28
strong support : RM0.20
resistance : RM0.38-0.40
Overall, RGtech is in sideway or consolidation…it needs to break abv the RM0.40 in order to confirm a consistent uptrend…
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**
STOCK TRADING : 13) OMESTI- top 20 jewel series of malaysia stocTHIS IS TRADE 103) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
Omesti has been trading sideway ever since 2015…its price fluctuated within tight range RM0.35- 0.87… it will likely retest the previous high at RM0.70…which is also the X impulse leg of a possible bearish butterfly pattern formation…
Well, personally I don’t trade such aggressive pattern as butterfly pattern…but, it just seems to fit in the place…
current support : RM0.50-0.54
strong support : RM0.35-0.43
resistance : RM0.71, the X impulse leg
higher resistance : formation of D leg ranging frm RM0.82-0.87
“LOOK LEFT, STRUCTURE LEAVES CLUES” …my favorite quote frm Jason Stapleton…
Overall, Omesti is in sideway or consolidation…it needs to break abv the RM0.82-0.87 to retest the RM1.00 region…
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**
gabungan AQRS - top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
Like many of its peers in the top 20 jewels, gbg-AQRS is another stock which has a short-list of daily data...dated back to 2012...(normally, 10 years data will be presumably more accurate/reliable...?). the price range frm RM0.60-2.10...
the price juz rebound a little frm “the Big Fall” in mid March, frm the low of RM0.62 till now, RM0.90...overall, it is still in downtrend...
current support : RM0.80
lower support : RM0.62
resistance : RM1.18...
higher resistance : RM1.50.
overall, gbg-AQRS is still in downtrend, it needs to break abv the RM1.18 high which is also the previous structure high in order to show a reversal of trend...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
ELK-DESA RSC - top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
ever since its inception in 2012, ELK-Desa has been trading in a tight range price ranging frm RM1.12 – 1.56...the highest price was RM1.75...
now it is in the middle of the price, RM1.35, more like a “no man land”...lower support is at RM1.12, while higher resistance was the invisible “ceiling” at RM1.56...to confirm an uptrend, it needs to break abv the RM1.56 to retest the high at RM1.75...or risk-takers can challenge the low at RM1.12...
current support : RM1.12
resistance : RM1.56...
higher resistance : RM1.75.
in overall, ELK-desa is trading in a sideway, it is pretty hard to identify the direction of the price...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
EITA RSC BHD- top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
EITA has been uptrend since 2012, its inception till May 2017...now, it is standing at a crossroad, RM1.23...lower support at RM1.00-1.10...and resistance at RM1.50-1.57, higher resistance at RM2.10...
current support : RM1.00-1.10
resistance : RM1.50-1.57...
higher resistance : RM2.10..
in overall, EITA is trading in a sideway, and possibly forming a huge “head-and-shoulder” pattern...the neckline is formed at RM1.10, if broken below this support, it shall retest its beginning price at RM0.68-0.70...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
sideway move after a few days of strong upside -fkli july-for those who have followed me for the last 2 episodes of fkli predictions, I hope you guys have made some profit..If you haven't dun wori, the market is alwaz thr...A BIGGER question is " Are you ready?" ...as the saying goes, "opportunities await for those who are well-prepared"...
-after witnessing a strong rally uptrend which started last week, finally we see some softening down today...it could be juz a "knee-jerk" reaction of the traders taking profits after some time, or a real reversal has happened...anyhow, reversal is too early to say...
current resistance : same as the peak on 9-11th June 2020, 1580-1587...
lower support : 1540
strong support : 1480 -1500
if you haven't read my last 2 episodes of fkli, pliz check the links below ...
gud luck and gud trading folks...
D&O green tech - top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
D&O green tech has been in uptrend movement since 2012-2018...after reaching peak at RM1.00 in Oct 2018, it has been trading sideway with a lower-high formed at RM0.92, in early Jan 2020 this year...during “The Big Fall” in mid March this year, the strong support at RM0.49 still holds...the rebound come back to RM0.78... a possible bullish cypher pattern formation but need to hit RM0.865 as the C leg and moving back to kill zone ranging frm RM0.525 -0.565...again, it is too early to say...
current support : RM0.70-0.78
lower support : RM0.49-0.56
strong support : RM0.43-0.49
resistance : RM0.92-1.00
in overall, D&O is still trading in a sideway consolidation...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
STOCK TRADING:12)MItech- top 20 jewel series of malaysia stocksTHIS IS TRADE 100) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
MI has been in uptrend ever since its commence in June 2018…even after the “Great Fall” in mid-March this year, MI has never stopped its uptrend and rebounded frm RM1.40 to gain over 100% plus…! MI has been in my close scrutiny bcx of its interesting uptrend…
Recent move, it has been making new structure high and reached the peak at RM4.00…
current support : RM3.50-3.30
lower support : RM3.00
resistance : RM4.00 new high
Overall, MI is still in tandem with its uptrend momentum…if no more bad news frm the market, MI is expected to move higher to form further new structure high…
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**
STOCK TRADING :11)Kpower- top 20 jewel series of Malaysia stock THIS IS TRADE 99) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kpower has been in uptrend ever since Apr 2019…it is trying to retest the previous high at RM3.00-3.10…Since the “Great Fall” in mid-March this year, kpower has since gained more than 300% frm the bottom RM0.90…!
a breakout frm current RM3.00-3.10 resistance might trigger a new round of uptrend
current support : RM2.50
lower support : RM1.88
resistance : RM3.00-3.30 new high
Overall, kpower is still in tandem with its uptrend momentum…the only worry is that if it fails to make new structure high in price, then it will form a triple tops at range of RM3.00-3.00 thus the making it a high risk of reversal…
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**
July22 - CPO (1H) - Weakening Momentum, Sideways-to-Up SituationStrong rally, as price continues to break higher, momentum has been weakening since July15.
Thus, may see some sideways consolidation ahead, before market decides its next major move.
At the moment, still early to set the boundaries for potential sideways move ahead,
For now, potential range between 260x-270x, or wider, will update as price develops. :)
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
July22 - FKLI (1H) - Quick Update: Weakness towards 154x-6xcontinual weakness as price failed to stand above 1600 mark 3times in a row in July.
Shall 158x fails to hold, we may see weakness towards 154x-6x support zone.
Meanwhile, mid-term ABC correction still in progress... ;)
Happy Hunting! 🏹🎯
-jk-