#SUPERMX Rst: 22.32 Spp: 20.64/ 19.33/ 18.40 The QR is exciting, but technical wise - today red candle confirms the stock fail to sustain at Fibo Ext 100% and shall risk further pullback.
Highest price so far is RM24.44. Due to; 1. On-going Covid19 battle the world is facing at 2. Superb quarterly report today (woah.. EPS RM30.58 vs RM1.15 same period previously, you never want to sell SUPERMX) 3. 1:1 bonus in September will we see tomorrow RM25?
After Q3 report released on 20-May, price went up 17.84% on 21-May 2020.
Alphaindicator as reported by BursaMarketPlace still call it a BUY (yes 9 analysts call a buy). Highest target target price as of 1/8/2020 is RM21.80. Detail report: www.bursamarketplace.com
The price has been testing RM17 support for few days since Monday, but it looks like a very strong support for this week. Covid19 threat has been giving indication that it might hit our country for the second time (no thanks to stubborn Malaysian who did not follow SOP & foreigners for bringing Covid19 to our country). Outside Malaysia, (US, Australia,...
SUPERMX Rst: 16.50 Spp: 14.40 Bearish candle dived below upper BB with RSI bearish divergence taking effect, risk of further pull back is there.
Take a look at the almost identical chart pattern for MYX:COMFORT , MYX:CAREPLS , MYX:SUPERMX & MYX:TOPGLOV . If we have to choose only 1 from among this 4, which one should be better option? I will choose MYX:COMFORT due to headroom between lowest low in downtrend and highest high prior to selloff last week. COMFORT : 48% to go. CAREPLS: 34% to...
Yesterday MYX:SUPERMX as expected by many, getting higher and closed at 15.98. With Covid19 is still prime concern (eventhough many Malaysians think we are safe), there is no sign to show that why we should stop buying SUPERMX. Some target price by analyst: 9/7/2020 Affin Hwang Capital - Target 13.90 7/7/2020 Kenanga - Target 14.00 both target already...
SUPERMX 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...
SUPERMX 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...
SUPERMX Rst: 7.22 Spp: Middle BB/ 5.83 Bearish engulfing formation, crushing indicators, you may notice today candle emerged right from Fibo Ext max spectrum level at 8.07 (if you still remember this is the max projection I mentioned last month), it means this level is not turned to strongest resistance.
Broke out Inv H & S. Touched fibo 1.618. Forming a triangle (pennant). If breaks out, expect more form it.
SUPERMX Rst: 2.43 Spp: 2.30 This counter has arrived Fibo Extension maximum projection 2.43, you can consider to take profit progressively
SUPERMX Rst: 1.76 Spp: 1.68 Still in quest to break out from reverse H&S formation after yesterday attempt failed. Crucial to sustain at 1.68
Laburlah Technical Coverage (14-MAY, Monday): SUPERMX Technical Analysis Breakdown 1. Chart pattern: Double top formed 2. RSI & Stochastic: Sloping downward 3. MACD: Weakened bull 4. Resistance level: 2.98 5. Support level: 2.85 Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...
Laburlah's Daily Complimentary (03-APR, Tuesday): SUPERMX Technical Analysis Breakdown 1. Trend: Bearish 2. RSI & Stochastic: Bearish 3. Next support: 2.31 4. Selling pressure: Growing 5. Remarks: Crucial support @ MA50 breached Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...