Aug26 - FKLI (Daily) - Bearish <154x, Potential Target 148x-150xFailing S1 will invite BEARS, my MAJOR position targets are: 148x-150x, 138x-140x
Don't forget to refer back to midterm ABC correction post below for potential minor targets.
Faster Update on T3L3gram: MyTradingSpace by JK
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
Malaysiastocktrading
FKLI TRADING :141) PRICE REJECTED AT RESISTANCE LVLthis is trade 141 frm haidojo trading...
a possible short position at 1574-1570, SL abv 1585, probably a few points abv it...1st tp at 1560, 2nd tp at 1550...
the reason for trading...? the price was juz rejected at the resistance level, 1577-1585...
higher resistance : 1616-1623 (recent high)
resistance : 1577-1585 (reversal to bull)
current support : 1560
lower support : 1540-1547(continue to bear)
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**
Aug12 - FCPO (1D) - Sideways Box, Imminent Test ~260x...Weakening momentum finally coming into effect. 🐻
First close below UTL-L1 since July, potentially find L2, which resides near S1: ~260x
Sideway box between 2600-2800 thus far, if S1 fails, look for next support zone, S2.
Major Levels to Watch: ⚠️
R2: 276x-8x
R1: 270x-2x
S1: ~260x
S2: ~250x
My latest mobile updates available on TeL egr am ;)
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
STOCK TRADING : 20) thong guan- top20JewelMalaysiaStocks-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 126) frm haidojo trading and the last companies frm the top20Jewel series…Tguan is temporarily in uptrend…but now it has bumped into the previous resistance level –RM4.87…immediate support at RM4.45 – 4.56…lower support at RM4.00…
current support : RM4.45 – 4.56…
strong support : RM4.00
resistance : RM4.87
Overall, tguan is still in a sideway…so either wait for breakout to the higher side to confirm a new uptrend, or wait for retracement back to the previous resistance-turn-support at RM4.45…
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 : 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**
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
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...
DUFU tech corporation- 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...
I have been a big fan of DUFU since 2018...DUFU has been in uptrend which could be traced back way into year 2015... after "The Big Fall" in mid March this yr, DUFU has rebounded more than 100% frm the low at RM2, and has broken past the previous high of RM5 which was set in end-of-feb this year...and surpassing that number to continue to create a new-high at RM5.60...this is a new historical high for DUFU so far...the expectation is for DUFU to make up higher price but before that, it might retrace back to the previous structure high which now is the support level at RM4.50-5.00...price below that might trigger new round of selling pressure...
On the upside, DUFU might juz shoot all the way up to hit the next level high, which is currently, unknown as there is no past record as reference...
current support : RM4.50 – 5.00
lower support : RM 3.20 – 3.70
strong support : RM2.00-2.50
resistance : RM5.30-5.60 (juz breaks to record new high)
in overall, DUFU is definitely worth watching...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
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-
STOCK TRADING : 10) kotra industries- 20 jewels malaysia stocksTHIS IS TRADE 95) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kotra industries has been in uptrend ever since 2012…so now it is still in uptrend and the trend is not broken yet…
recent move, kontra has shown a “sharp knife” top and now is under consolidation…might retest as low as RM2.45-2.20…the green region…
a breakout frm current RM2.80 resistance might trigger a new round of uptrend
current support : RM2.66
lower support : RM2.20-2.43
resistance : RM3.00-3.30 new high
Overall, kontra industries is still in tandem with its uptrend momentum…thr is no signal indicating the otherwise….so definitely worth looking at ….
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**
top 20 jewel series of malaysia stocks : AME elite consortiumtop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
AME is newly listed in 2019, not quite much movement yet...basically, it is in sideway trend...now it has come to a critical level at RM1.70 support level and has been hanging there since May...lingering abt 1-2months...if the support level holds, then it shall retest the previous high at RM1.90-2.00."The Big Fall" in mid March this yr sent it to the new low at psychological level at RM1.00...
current support : RM1.70
lower support : RM1.30
strong support : RM1.00
resistance : RM 1.90-2.00
waiting to see if the current support RM1.70 actually holds or not...risk-takers can buy little bit here...and set SL abt RM0.10 below it...
risking RM0.10 to gain a possible RM0.20-0.30 seems to be a gud risk reward...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...