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EVERSAFE RUBBER BERHADEVERSAFE RUBBER BERHADEVERSAFE RUBBER BERHAD

EVERSAFE RUBBER BERHAD

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ESAFE trade ideas

Penny stock theme again?Market sentiment became better so far. Several penny stocks rebound stock strong uptrend momentum. As old wise saying: make the trend your friend, not enemy. We still focus on stock with intact uptrend momentum. As stock market swifting interests from dollar counter to penny counter, so do we. ESAFE is one of the penny stock that recover fast from bearish August market. Most chips traded at RM0.36, and thus can be considered as support/resistance pivotal point. Although ESAFE opening RM0.36 on Friday and tried to push up to next resistance RM0.40 , it failed. Price dropping back to support level RM0.36 and we should expect few days churning/ washing exercises. As long as price floating between RM0.35/0.36 it still considered good support and strong rally should happen soon. Monitors for possible breakout from RM0.40
MYX:ESAFELong
by GoldenTurtle
esafeThis stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price. This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum. The share price may move up or down from this point. Note also that momentum generally only persists for a short period of time. However, this stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.
MYX:ESAFELong
by leeyuankang