Bursamalaysia
TR 321. Homeriz weekly starting to make an uptrend EMA 10 > EMA 30 > EMA 200. Now in Wave 4 and expected to make the reversal on 0.382 Fibo level (Wave 2 at 0.618).
2. Reversal pattern formed at H4 (hammer then break with bullish bar), price action slightly below EMA 200.
3. Isaham revenue and profit in uptrend, trailing PE 11, WAFV RM0.905
TR 311. Krono weekly start to make an uptrend with the downtrendline broken and EMA 10 > EMA 30 > EMA 200. Now in Wave 4.
2. Reversal candle formed (hammer then bullish candle) at 0.5 Fibonacci level. Also RBS. Previous reversal on Wave 2 is also at 0.5 level.
3. Isaham Revenue and profit indicator in an uptrend, PE 0, WAFV 0.
VS Monitor for Due Technical ReboundEMS stocks VS, SKPRES, ATAIMS are the hardest hit in the major tech stocks retracement. VS had the worst single day drop as the banker chips dropped just to mere 5%.
Scalpers can monitor for entry as RSI shows it can rebound anytime and it closed just above the strong support of 2.555. For holders looking to enter, please stay away from techs temporarily until the theme stabilises and won’t drop further.
Support at 2.555 and resistances at 2.775, 2.910 respectively.
Disclaimer: Trade at your own risk.
ILB 5614 Bursa Malaysia 12/3/21Looks like Momentum is setting in...
Close: 0.65
EP: 0.64 - 0.665
Sl: 0.0.57
TP: 0.74/ 0.78/Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
QES will further PullbackThere is possibility QES will further retrace to near 535 area, the next strong support after it closed within the current strong support zone between 600 and 560 with the slowing momentum.
The best entry price will be between 535 and 540 to take advantage of possibility the price will be pushed up just before QR for the coming week.
Disclaimer: Trade at your own risk.
EURO HOLDINGS BHD - 10 MARCH 2021Cup and Handle pattern formation.
** Trade At Your Own Risk
MYX:EURO
Esceram’s Closed above its EMA20 SupportEsceram need to break the 770~800 region to be able to fly. Current support is at 720.
RSI is healthy and I believe this counter will fly soon as sharks are accumulating (bankers at near 80%).
Disclaimer: Trade at your own risk.
Bursa BCM Alliance BerhadThe rally price might get reject at RM 0.310 before continuing uptrend. If this happened, there is an opportunity to entry at the buy zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
REITs recovery?several REITs have shown upside movements this week. Currently on IGB it has formed a ascending triangle, awaiting breakout and retest to make sure that its not a false break.
*DYOR on fundamentals
DNEX possible Pennant BOPossible pennant breakout for this counter. Support at 660 and resistances at 730, 840.
Bankers are still maintaining their position at almost 80%.
Disclaimer: Trade at your own risk.
AIRASIA 5099 Bursa Malaysia 10/3/21Breakout on Trend
Close:1.02
EP: 0.99- 1.04
Sl: 0.89
TP: 1.29/Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
Bursa Managepay Systems Berhad (MPAY)As appear, there is an potential demand at the price range RM 0.165 - 0.155 and next is RM 0.125 - 0.105. To secured Long position, we can buy from the price in between RM 0.195-0.180 due the the current pricing is at the Weekly & Monthly SnR Zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
JAKS Projected to hit 1.00 by August?On a nice uptrend movement since end of October. Can consider entries near the trendline support.
Disclaimer: Trade at your own risk.
KPOWER - shows Sign of Reversal Initial glance in daily chart shows this counter formed descending triangle chart pattern which is bad - continuous bearish trend. But in smaller time frame 1H chart, it actually formed symmetrical triangle to which it can potentially break out from its trend line resistance and thus reverse its bearish trend.
Heightened banker activities started from 19 February 2021. This counter is rumoured to be involved in solar projects.
Disclaimer: Trade at your own risk.
Bursa Kanger International BerhadPrice has been at this current Weekly & Monthly SnR price zone since a month ago, expecting it to go lower as RM 0.75-0.70 before continuing uptrend & break the Descending Trendline. May secure position before it going back uptrend.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
Falling Wedge PatternPossible breakout from falling wedge pattern after major pullback. Sitting right on support at 3.8. Still super bullish when it closed near EMA10 blue line and would start to rally when RSI dropped to near 60%. Bankers are still strong. TP: Sky is the limit.
Disclaimer: Sky is the limit.
Disclaimer: Trade at your own risk.
Bursa Bumi Armada BerhadExpecting for it to drop & make an entry at RM 0.345, might secure some share position at the price of RM 0.390 if its decided to go sideway within that zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
GCB (5102) BURSA MALAYSIA 3/3/21The study is based upon Volume Price Spread Analysis and M omentum
Major Trend-line breached.
Close: 3.02
EP: 3.08-2.96
Sl: 2.65
TP:3.29/Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
KPJ (5878) BURSA MALAYSIA 3/3/2021The study is based upon VPSA meaning Volume Price Spread Analysis and Momentum
After almost 3 months sudden interest is shown.
Close: 1.05
EP: 1.07-1.02
SL:0.92
TP: 1.15/1.30
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
Trend Rider 301. Pestech weekly in Wave 4 with a reversal expected at 0.618 (slightly lower as previous Wave 2 at slightly lower 0.382). Downtrend line broken with a strong bullish candle. EMA 10>EMA30 and slightly above EMA 200.
2. H4 price action above EMA 200, doji formed followed with a bullish candle as a signal of reversal.
3. From isaham profit and revenue increased, PE 16.8, WAVF RM1.33.
Bursa ALAM Maritim Resources BhdCan look for opportunity to buy from current price to RM 0.07. Planning to not holding for longterm can plan for CL / SL at the lowest RM 0.05. Expecting it to drop to RM 0.065 before shot up continuing uptrend.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
Esceram - Dropped to EMA20 Support and Rebound againBounced off from the red EMA20 line after another sell down due to sudden bad market sentiment. This is the 5th occurrences after the uptrend officially started on 21st Jan. Banker chips at 60%.
770 will be strong support here and 840 resistance which is hard to break.
Disclaimer: Trade at your own risk.
