CMSB trade ideas
CMSB [10 December 2020] Buy On Resistant Zone Break OutMYX:CMSB
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
potential to shortthere is a sign seller enter the market..but buyer still in range.if stoch make divergence can place short for this stock
CMSB, climbing up the stair caseYour support is 1.28 now.
PM me for more detail info about this stock.
CMSB - Long Term BullishShort term and long term Turtle buy signal if able to sustain above 1.8.
FiFT +ve
ATOM Buy
CMSB, flying out from the boxTP1 1.88
TP2 1.99
TP3 2.09
What a nice and lucky number for Sarawakian, and your Politician as well.
CMSB - LongMay break previous high soon
(Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell)
7/4/2020 CMSBbreak last high and stay above,
if stay above will find chance test 1.5.
RRR 1.53:1 can consider a short trade
CAHYA, truly a 'Sparkle' in your investment.I will put my money in this stock. PERIOD!
CAHYA is one of the companies that supply raw materials in construction. They involve in the constructing of PAN Borneo Highway, billions of ringgit telecommunication tower project which was awarded to 5 contractors including them and many more. Don't forget that in Sarawak, the state only accepts local companies with employees 90% from Sarawak only. What I'm trying to say is, there are not many competitors in the state and we can expect a very good return.
Back to the chart, it is now has completed the last wave of correction, and it is currently at the demand zone before heading up. DTosc and Stoch indicator shows that the market is biased in the OS area since the last trend wave which was in June 2015, it also means the market no longer wants to go 'down'. There is also a divergence in MACD showing that the momentum was weak. I will definitely put my money when Dtosc and Stoch market reaches the OB area and making a 'change of route' in that area. Surely it will be a good investment.
<TradeVSA> Reversal with Bullish Signal in Cahya MataStrength in the chart:
1. Pentagon buy signal
2. Back to the previous support
3. No weakness yet
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
CMS ready to take off? (Cahya Mata Sarawak; 2852.kl)Stock code: 2852
Stock name: Cahya Mata Sarawak Bhd
Screener: 18LC for 11 Mar 2019
Observation date: 12 Mar 2019
Observation:
a) Price & Volume:
- Price: Low to average spread on the sideways with wide spread on upbars.
- Volume: Low vol. on average price spread with high volume on price upbars.
b) Market Stage:
- End of Accumulation stage (S1) soon and possible beginning of Mark Up stage (S2).
c) Trading Range:
- Price is trading within a Trading Range (since end May'18 till to-date).
- At the same time, we can see a Symmetrical pattern appears with peak and bottom at Point 1 - 6.
d) Resistance & Support:
- Price is well supported at Support Line 2.
- As of today, price closed above Resistance Line 1.
- At the same time, it closed higher than the previous bar, hence nullifying UT.
Remarks:
- As we can see, price has broken above the top side of the Symmetrical pattern.
- If price holds and close higher, this means market decided to move the price higher; a beginning of Mark Up stage (S2).
- Hence, we need to see a few bars to confirm the breakout.
Continuation of Mark-Up Stage with Confirmed SP & NS bars - CMSBBased on daily chart above, the uptrend is further strengthened with confirmed Spring and No Supply bars. The 2 Sign of Strength bars shown Smart Money is still interest to mark-up the price by testing the supply in the support level.
Place your stop loss below the 2 Sign of Strength bars and take profit at resistance or the next Sign of Weakness bar.
Send us your preference stock to review based on TradeVSA chart by comment at below.
CMSB - Sudah berjaya melepasi zon sukar meneruskan kenaikanSesuai untuk jangkamasa singkat dan sederhana.
Momentum kenaikan adalah kuat.
CMSB - Reversal Opportunity, but Risk AboundLaburlah Technical Coverage (28-MAY, Monday):
CMSB
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. MACD: Bearish
4. Reversal opportunity: Until 2.47
5. Support level: 1.74
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
