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SUPERMAX CORPORATION BHDSUPERMAX CORPORATION BHDSUPERMAX CORPORATION BHD

SUPERMAX CORPORATION BHD

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Permulaan Peringkat Accumulation (Supermax; 7106.kl)Kod saham: 7106 Nama saham: Supermax Corporation Bhd Screener: - Tarikh pemerhatian: 7 Feb 2019 Pemerhatian: a) Harga & Volume: - Harga: Sebaran harga yang minima. - Volume: Rendah. b) Peringkat Pasaran: - Permulaan peringkat Accumulation (S1) selepas peringkat Mark Down (S4; pertengahan Nov'18 - pertengahan Jan'18, 8 minggu) c) Trend Line: - Walaupun di S1, harga masih dibawah Downtrend range. - Pada waktu ini, harga sedang bergerak sideways didalam jarak harga tertentu (3 minggu selepas S4). Nota: - Harga saham perlu bergerak secara sideway sehingga terkeluar dari Downtrend range (jangkaan sehingga hujung Feb'18). - Sebaran harga pula hendaklah minima dan volume pula yang rendah. - Selepas 6 - 8 minggu, kita patut dapat melihat beberapa isyarat penentu arah pergerakan harga.
MYX:SUPERMXEducation
by mdalifalwi
Confirmation of Sign of Weakness in Supermax (7106.KL)Hidden Potential Selling is clearly spotted in Supermax chart. Based on Volume Spread Analysis, the bar on 22 November have formed an Up-Thrust signal follow by a confirmation on the next day. The price breakout above resistance but close lower toward the end of the day shown Smart Money is distributing again at the top. An Up-thrust bar is a wide range bar seen during an up-trend and closes strongly down on high volume. After a strong volume surge, we should expect a strong reversal. The Smart Money distributed a lot of shares and they are ready to sell more. The close price is also an indication of the Bulls weakness. When an Up-thrust bar's close price is close near the low of the day, it means the bull is very weak. Currently price have broke below ATR stop loss with widespread down bar and high volume. Based on the confirmation on the weakness, TradeVSA have notify traders to exit on the re-distribution stage. 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.
MYX:SUPERMX
by MartinTFWong
Enhance Your Trades with Market Stages - Supermax Corp (7106.KL) Mastering the skill to read and identify market stages are crucial for your trades. Identify the market stages can further enhance your chances as you are likely to trade together with smart money. As a Volume Spread Analysis trader, we tend to look for Sign of Strength / Hidden Potential Buying during stage 1 and 2 and Sign of Weakness / Hidden Potential Selling during stage 3 and 4. Based on the daily chart above, the market stages in Supermax chart is almost similar with Gamuda chart: 1. Up-Thrust are spotted at the resistance level after mark-up stage 2. Confirmation of distribution and beginning of mark-down with 2 Sell-Off bars 3. Re-distribution spotted again with Sign of Weakness and resistance at RM3.45 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.
MYX:SUPERMXEducation
by MartinTFWong
The Importance of Stop Loss - Supermax Corporation (7106.KL) One of the most important things in trading is risk management. Setting stop losses can protect trades from becoming investments and investments from becoming headaches. Successful traders of course have good strategies which give them profits, but they also cut their losses short when the trade goes against them. The importance of stop loss is illustrated well in the chart above. A good stop loss helps trader to avoid further losses or from positive trade to negative trade. Below are the 2 important guides to setting stop loss based on Volume Spread Analysis: 1. Market Stages / Structure - Supermax is in stage 3 (distribution) during the 1st Exit on Red HeatZone 2. Sign of Weakness at resistance level - Supermax unable to break through the previous high and formed a weakness signal (UT) on 28 August 2018
MYX:SUPERMXEducation
by TradeVSA
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