Unboxing the Accumulation Phase for Padini?In my perception, rectangular pattern develop for several weeks since Three Black Crow can into the chart at the end of Dec 2018.
Follow by first attempt on April 2019 however the result was unsuccessful.
Now, we can see that the price has crossed up MA20 recently indirectly shows the possibility of second attempt.
IF the price able to break the upper box pattern then, we might able to see significant movement up to 4.25. On the other hand, it might get lower to breakout point on Feb 2017.
The best part for this stock, it pays dividend consistently in quarter basis.
Thus, it is recommended stocks for both traders and investors.
All the best
Bursa
MFA Analysis - IKHMAS (5268)Status: Daily chart has triggered author's buy signal. 7th bull run of IKHMAS in the making!
Author's Rating: 9/10
The information provided here is an author's general opinion only and neither purports nor intends to be, specific trading advice. The information should not be considered as an offer or enticement to buy, sell or trade. Always trade at your own risk.
FBM Small Cap possibility to rebound after forming a Hammer!FBM Small Cap is always our best indicator to track the overall market performance and benchmark.
We have let our readers knew that we have took profit on 26th April for all our short term position and remain our long term position.
The reason we exit was due to the forming of Bearish Engulfing candle on the closing of 26th April and we would never expect the escalation of trade wars will continue.
But we are lucky to escape the huge drop of FBM Small Cap from 13800 to 12600 approximately 9% due to the technical analysis we used for entry point and exit point.
Today which is 14th May our stock markets was opened low at 12500 and having a huge rebound to 12700 and forming a Big Green Candle.
Based on the market sentiment, today we decided to re-enter our short term position partially due to technical analysis.
Why would we only enter partially? As the market is still pretty volatile at current stage therefore we would not put all our eggs in one basket.
Even though the market is volatile and turn bearish we will still give it a chance as we have manage to exit on top of the down turn.
Hence we will try our luck this round to see whether we manage to enter some position on the market mega sales.
Solely for education purpose without any buy or sell recommendation.
Please follow us if you would like to have more trading opportunities in KLCI stock market.
GAMUDA gap up esok???Berita terkini tentang pengambilan 4 buah tol berkemungkinan akan meningkatkan lagi minat pelabur-pelabur untuk membeli saham GAMUDA pada esok hari. Ini kerana, jika kerajaan mahu memiliki tol-tol tersebut, GAMUDA akan memperoleh sejumlah wang. Wang tersebut dapat digunakan untuk GAMUDA untuk melabur di dalam projek-projek baru.
Jika kekal di atas RM 3.020
TP1 RM 3.080
TP2 RM 3.120
Jika kekal di bawah RM 3.100
CL1 RM 3.030
CL2 RM 2.980
Berpotensi untuk pergi lebih jauh jika tekanan daripada buyer cukup untuk memecahkan harga RM 3.150.
Please take note. This is not buy-call. Trade at your own risk. Please do some analysis before you buy any stock.
CIMB - bullish with strong fundamentalsNews of "unfavourable political ties" and foreign investors pulling out of emerging markets has sent this ticker crashing downwards despite its solid fundamentals. If we assume that the price has already bottomed out at a critical support level of 5.32, we can be hopeful of a bullish reversal towards realising its actual value over the coming weeks/months ahead.
NFP EURUSD FridayDoes it get any better than trading on EURUSD on the NFP Friday?
With such strength within the US market and such instability within the European sector we strongly recommend you get in on this action today.
Short term signals are very SHORT based. Everything long term from end of day and end of month is all LONG.
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