BINA DARLUAMAN BHD OUTLOOK (30/03/2022)BINA DARLUAMAN BHD
After an downwards trend movement this counter is all set to make an upside movement in coming days. counter was showing slow downwards from last week and now is ready to have some correction and some bounce is expected.
The current trending point is 0.660.
Support:-0.665,0.595.
Resistance:- 0.720, 0.780.
The Relative strength index (RSI) is at 55.95
Bursamalaysia
SCANWOLF CORPORATION BHD (29/03/2022)SCANWOLF CORPORATION BHD
It is expecting a breakout at any time in this week. After A long Sideways Movement this counter is expecting a breakout because it is gaining volume with a triple bottom formation.
Support : 0.595,0.575
Proper Risk Profiling is recommended.
Lion Industries MYX:LIONIND #4235Short term
Look forward LionInd (4235) breaks above first resistance 0.62, support at 0.57
Resistance 2: 0.74
#bursa #lionind #metal #industrysector
DNEX DAGANG NEXCHANGE BHD 4456 analysis bursa saham MalaysiaShort term analysis:
Dnex breaks above trendline again after 4-days of pullback from 11-Jan.
Today indicator Banker Chip Pro (MI04) appears Banker Pump (purple bar) indicates possible of continuous bullish trend, but beware of overbought reversal.
It will be a plus sign if indicator Long Short Momentum (MI06) keep in Green bar showing still under bullish trend.
#bursasaham #malaysiastockmarket #dnex #dagangnexchange #4456 #bursamalaysia #malaysia #bursa
#trendline #trendanalysis #technicalanalysis #chartpattern #trendpattern #uptrend #shortterm
#supportresistance #technicalindicator #indicator #waveanalysis
Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.
VS VS-WB 6963 stock/equity analysis bursa saham MalaysiaShort term:
Look for short if rebound back to resistance area 0.41
Wait for below 0.28 & buy signal appears!
#bursasaham #malaysiastockmarket #vs #vswb #6963 #bursamalaysia #malaysia #bursa
#trendline #trendanalysis #technicalanalysis #chartpattern #trendpattern #uptrend #shortterm
#supportresistance #technicalindicator #indicator #waveanalysis
Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.
JTIASA Outlook(15 March 2022)This counter after a long time sideways movement is now expected to up on to an upper side. Can look for short term buying.
To break nearest Resistance?Technical analysis:
MYX:OPCOM
MACD: Not crossed yet Not yet buy signal).
RSI: above 50 (show strength/momentum in price)
ADX: buy signal
Trading plan:
Buy price: $1.060
Cut loss price: $1.0
Cut loss %: 5.66%
R-R ratio: 4.42
This is not a buy call. I am just giving idea. You take the risk, you take the profit.
Happy trading.
SAMCHEM is it Ready for Departure?SAMCHEM is it Ready for Departure this third time around?
Station 1.06 gonna could be a tough call! However with the in-coming results...will it make the difference?
Disclaimer: The chart shared here, attracts the writer's attention. It is author's view...and there is no guarantee on the movement of the asset price in the future. Any investment decision you make is your own decision which you MUST review yourself and be solely responsible. This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
CHOOBEE To Start to Fly?MYX:CHOOBEE
Technical Analysis
MA 12 crossing up MA26
MACD super buy signal
RSI above 50%
ADX buy signal
Trading plan
Buy price: $1.93 and below
Cut loss price: close below $1.75
Cut loss %: 9.33%
R:R ratio: 2.72
Disclaimer: This is not a buy call. I am sharing my analysis only.
To test 5 years resistant?Technical Analysis
Price maintain above MA50
Small triangle is formed.
MACD not yet buy signal.
RSI is above 50 show some strength in the price.
ADX is not yet buy signal.
Trading plan:
MYX:TAANN
Buy price: 3.400 - 3.420
Cut loss price: 3.260 and below
Cut loss percentage: below 5%
Possible take profit: 4.270
Risk to reward: 5.31
Notes:
The oscillator might not shown buy signal yet. But I don't rely much on oscillator in my trade.
Due to bad market condition, the price might only move slowly.
Disclaimer:
This is not a buy call. Only sharing of idea.
MR DIY 5296 BURSA MALAYSIA STOCK #MRDIY #5296MRDIY closed above the down-trendline again (2nd attempt) on 11/2/2022 (1st attempt not successful on 10-Jan-2022)
Look forward the price continue to go uptrend as long it doesn't fell below @3.63
Target Price (TP1) : 5.23
Disclaimer:
This published Idea is solely for the purpose of opinion sharing only, and should not be used as investment advice or recommendation to buy or sell any equity.
Get your trade advise from a legit broker, your trade is solely your own responsibility.
Thank you.
#mrdiy #5296 #bursa #bursasaham #palmoilfutures #commodities #tradingfutures #ftseklci #bursastock #bursamalaysia
#technicalanalysis #technicalindicator #technicalchart #mcdx #bbd #trendline #chartpattern #uptrend
3A: BULLISH IS COMING?Technical Analysis:
MA 12 cross up MA 26
MACD buy signal
ADX buy signal
Trading plan:
Buy @ $1.01
Cutloss: Close below $0.960
Cutloss percentage: around 5%
NYLEX at RBS?Technical Analysis
MYX:NYLEX
MACD not yet buy signal
RSI above 50%
ADX buy signal
Trading Plan
Buy: $1.63 and below
TP: $1.97
Cut loss price: $1.51
Cut loss %: 7.36%
R:R ratio: 2.83
CENSOF STARTING TO TREND UP?1. Tenkansen above Kijunsen (Crossing happened on 4/2)
2. Price above both spanlines and leaving to hover above cloud
3. Chikou Span out of cloud as expected
4. Buyers in control the past three sessions
5. The above reflect buyer confidence which is also boosted by a positive quarter results. Looking at all the signs, Censof can be seen as starting to trend up.
About to breakout??MYX:NGGB
Technical Analysis
MACD not yet crossing to show buy signal.
RSI above 50% shows some strength for the price.
ADX is buy signal.
Trading Plan
Buy: 1.020 - 1.030
Cut loss: if price close below 0.975
Cut loss %: 5.34%
R-R ratio: 5.64
Notes:
The oscillator might not shown buy signal yet. But I don't rely much on oscillator in my trade.
Due to bad market condition, the price might only move slowly.
Disclaimer:
This is not a buy call. Only sharing of idea.
A Buying range in Kobay Technology Kobay Technology cimbed and touched the RM 6.04 resistance level. With its RSI Indicator pointing upward, coupled with a higher trading volume. We see a possibility for a technical breakout. If this happens, we expect it to move towards the short term target price of RM 6.25 abd RM 6.38. The downside support is projected at RM 5.77. Traders are advised to exit on a breach to avoid further losses.
Trading Call: Buy on breakout RM 6.04
Target: RM 6.25, RM 6.38 (time frane: 2-4 Weeks)
Cut loss: RM 5.77
MYEG Looking good for a Buy NowMYEG is doing good. as of now it looks in a sharp buy mode. Can see a level of 1.10 mark
TOPGLOV target hit as previously expected (Told you so)MYX:TOPGLOV has hit my second expected target of RM2.00 yesterday.
First target RM2.30 and was spot on achieved in early November 2021. I started following this name since November 22, 2020 and has been posting numerous posts and warnings of it coming down. Yet I get laughed at with people saying how can a profitable company fall to RM2 from a whopping RM7+ after bonus issue?
Well, look at how it fell. To me, whether the company is profitable or not, it doesn't really matter, because prices are moved by supply and demand. It doesn't matter at all if its a profitable company or not, fact is it is sliding down, the actual question you should ask is what are you going to do about it given that it is sliding down. Not sit there and continue to be in denial hoping it will make a comeback and continue to gather all possible news to support your bagholding. That's living in denial.
Hope we learn a lesson from this.
Expecting it to hover around RM1.80-RM2.00 for now. Wil definitely not buy this.
Trade for ContraLooking Good to take from the reversal . For KLSE stocks intra day and contra day trading for Target and Stop loss
Text me in whats app +91 73138 16218
Since its commencement in 1985, the Hextar brand has been marking its place as one of Malaysia’s foremost agrochemical companies. Today, the Hextar Group is a leading crop management solutions provider, both domestically and globally, thanks to its specialised agrochemical products supply chain. From research and development, to manufacturing and distribution, Hextar has consistently provided new and improved superior agrochemical products to its customers.
