GAMUDA - Leading stock in CONSTRUCTION SECTORGAMUDA - CURRENT PRICE : RM4.97
Based on Japanese Candlestick , 30 April 2025 candle was a LONG CLOSING BOZU WHITE CANDLE . At that particular moment, it changed the trend from BEARISH to BULLISH because :
1) Price already above EMA 200 and closed on that day above EMA 50
2) Price closed into ICHIMOKU CLOUD
3) CHIKOU SPAN starts moving above CANDLESTICK
4) MACD also bullish
At current moment, after two days of selling pressure the share price turns positive today and closed higher than previous day's high. This may consider as potential buy on dips for those didn't have position yet. Supported by rising EMAs, the share price may move up to test the all time high level.
ENTRY PRICE : RM4.94 - RM4.98
TARGET : RM5.36 and RM5.57
SUPPORT : Below EMA 50 on closing basis
Bursamalaysiaresearch
ECOWLD - Heading towards 52 WEEK HIGH ?ECOWLD - CURRENT PRICE : RM2.00
ECOWLD broke out a 6 month down trendline on 01 JULY 2025 with high trading volume indicating strong bullish momentum. The stock is bullish as the price is above both 50 and 200 EMAs. Furthermore the share price is near 52 Week High. RSI is above 50 and below 70 indicating stock is bullish and not considered overbought yet. Nearest target will be RM2.16 (52 Week High resistance) and then if the trend resume, it may propel higher to hit next target at RM2.28. Support level is the low of 23 JUNE 2025 candle - RM1.77.
ENTRY PRICE : RM1.99 - RM2.02
TARGET : RM2.16 and RM2.28
SUPPORT : RM1.77
Notes : On 26 JUNE 2025 the company announced its increasing QUARTERLY EARNINGS. May visit company website or TheEdge for get more information.
DESTINI-WB - May follow its mother share ?DESTINI-WB - CURRENT PRICE : RM0.090
This warrant is an illiquid and a bit difficult to trade. However recently alot of trading activity takes place as we can see in the volume bar. This is due to its mother share DESTINI (7212) broke out from its accumulation phase on 12 JUNE 2025. At the same time, it also makes a NEW 52 WEEK HIGH. The company's fundamental is improving. Traders may take this opportunity to buy the company's warrant as it is so cheap and have potential of following its mother share. Furthermore, the expiry dates is on 06 MARCH 2029.
ENTRY PRICE : RM0.085 - RM0.100
TARGET : RM0.120 (33.33%) and RM0.150 (66.67%)
SUPPORT : RM0.070 (-22.22%)
DATAPRP heading to 0.15 and expected to rally upDATAPRP is showing good potential in technical analysis. Based on my Fibonacci, its already entered the reversal zone on the monthly chart and now it is heading to the short-term reversal zone. Normally, the price will form a price action reversal pattern before its rallies. Let's wait and see the result soon.
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.
IPMUDA: Targeting 1.62 for starts, higher after thatMYX:IPMUDA may have the potential to hit its initial target of RM1.62 before surging further IF it manages to break above the RM1.51 trigger.
Good luck.
Dagang Exchange (DNEX) Bursa MalaysiaHey there. This stock has been on my radar since 2 weeks ago.
On the weekly chart, we might have a nice bullish engulfing closing for the day.
On the Daily, there is a nice rally which indicates that the "big player" is ready. I have entered my position at 0.745 today, and I am looking at 3 to 4 weeks of holding this stock with a good 20% return.
Bear in mind, that the structure of the market will create a reversal before it continues to go up.
Good Luck!
ULICORP 7133 Breakout with MomentumStudy...based upon Volume Price Spread Analysis and Momentum
ULICORP has shown Breakout with Momentum
Close: 1.24
EP: 1.26<
SL: 1.09
TP: 1.43/1.54/1.83
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
Inari to Test ATHGood tech counter to swing trade with promising potential as it is related to 5G implementation in the country.
Expecting it to pull back a little before rebounding from support unless there is something that will excite the market due to weakening volume, MACD and banker chips.
Strong support around 3.200~3.260 region and resistances at 3.445, 3.560 and 3.750.
Disclaimer: Trade at your own risk.
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.
TARGET FOR LONG *AIRASIA* TARGET AREA RM0.90 TO RM1 PER UNIThere we already see a reversal.
and already create a QM best structure for buy..
and we saw a FAKE OUT that possibility for the price to break thru the price..
The yellow box is the best area zone for a price do a rejection..
there are a few confirmations that made me confident with buy setup
1. The structure has shown a reversal in minor
2. Vaccine gonna be released on 24th January will support the technical analysis.
3. MA 50 + 200 currently below the price show a reversal
4. Price has breakout previous strong Support and now doing a retest.
RUBBEREX CORPORATIONMy view on RUBBEREX are:
1) Weekly Stoch is on a bullish reversal
2) Price is currently testing on a support level
3) My presumption that the price will go to the next major support at 2.030. But I will look to take out my profit at 6% from my entry price (1.670)
4) Average EPS
5) Financial report looks impressive
SYARIKAT TAKAFUL BERHADMy opinion on TAKAFUL:
1) I am looking closely at these 2 zones (marked in Cyan)
2) My first indication of entry is when the Weekly Stoch turns Bullish Reversal.
3) Fundamental aspect, EPS looks excellent at 40.27.
4) My first target for take profit is at 5.065. Depending on how it reach to the next big resistance, my maximum expectation gain can go up to 5.740.
Good Luck!
BINTAI KINDEN CORPORATIONMy view on BINTAI:
1) Im looking to enter in the Cyan zone.
2) My entry is upon bullish reversal of Stochastic indicator in M15 timeframe.
3) My targeted profit zone is around 0.740.
BINTAI Fundamental overview:
Share prices of both Yong Tai and Bintai Kinden have skyrocketed since announcing their respective vaccine distribution ventures last year. Bintai Kinden's stock performance has been even more impressive, having jumped over 505% from 11 sen a year ago to 66.5 sen today. However, from its recent closing peak of RM1.39 on Dec 7, 2020, it has fallen about 51%. Prior to the announcement of its vaccine venture, the stock had been trading below 20 sen for three years.
Interestingly, Bintai Kinden's largest and second largest shareholders dumped the company's shares in December — four months after the August announcement of Bintai Kinden's venture into the healthcare business.
Its second largest shareholder Nusankota Development Sdn Bhd sold its entire stake of 50.03 million shares or 14.4% interest in the company in the open market on Dec 16, 2020. On the same day, Bintai Kinden's largest shareholder, Bintai Holdings (M) Sdn Bhd, sold 28.5 million shares or a 8.14% stake in the group, which reduced its shareholding to 31.69 million shares or 9.05%.
POWER ROOT BERHADMy opinions for PWROOT:
1) I'm inclined to enter the second zone for long term.
2) There are a lot of significant SNR zone in zone 2.
3) If you are looking for a long term, then 2nd zone is for you
4) If you are a day trader, looking for 5 to 6% of gain, you can enter in zone 1 when M15 timeframe Stoch is making a Bullish Reversal.
5) EPS looks good,
Good Luck.