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Klsestock

KNUSFORD potential break up +30%Time Frame: 4H Sentiment: Bullish Risk reward 1:3 Entry 0.925 Last close at resistant level, Bar price action and the volume, showing buyers' power increase. if it can break the resistant level 0.97, expecting the next level reaching 1.3 I'm expecting this time will be a real breakout, cup and handle pattern. Write your thought in the comment session :) P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like my works? Please hit the Like, Follow and Share or tip me a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
KLong
by DannyKc
Build up volume and momentumPrice action breaking up a long term downtrend resistant line with building up volume . Construction sector will have a short/mid term rebound. Targeting +10% - +50% profit from current RM1.11 Risk Reward ratio: 1.5 TP1: RM1.25 TP2: RM1.45 TP3: RM1.65 Cut loss : -10% (RM1) Like my works? Please hit the Like, Follow and Share or tip me a few coins :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
MYX:ANNJOOLong
by DannyKc
TOPGLOV Short term view : Beware of retraceA recent price hike in TOPGLOV gives confidence to many long term holder on a rebound. However, for anyone who are looking for average up their position or try to catch the price up might want to hold on to it first. Because the price movement shows signs of big boys getting ready to cash out fraction of their shares. (Same price & volume action we mentioned in our previous post on HARTA.) From the price movement on 14th Nov shows the big boys are attracting buyers with high volume while price have little upside or moving sideways. You can view the image below for the 5mins price movement on 14th & 15th November. (15th November) Today's intraday price movement starting to show sign of big boys selling shares lower to investors who park at the buy queue. This is a sign of a short term retracement is on the way. Based on our view, it is better to stay aside & watch how far the retracement will go. We continue to monitor the timing of the big boys done selling & start a new round of price up later.
MYX:TOPGLOVShort
by ROUNDnSURGE89
KLSE Advance Analysis : Price BottomDisclaimer : Opinions below are based on our own analysis & for educational purposes only. It does not constitute an offer to buy or sell securities mentioned herein. Viewers/readers should do their own research & studies before investing. Round & Surge or its associates are not responsible for any trading or investment losses incurred. We often analyse daily charts for stocks in KLSE. This is because the stock prices in the 5 mins chart are not as "beautiful" or well formed as the daily candlestick. But not for us, we find the most important information of the big boys next move are shown in the 5 mins chart & their transaction data. Although there aren't well-formed candlesticks in the 5 mins chart, analysing the price & volume flow will help us to understand more about the current intention of the big boys, whether there will be a price pause or continuation of price in the short term. Example in this stock we can see the price down in the daily chart on 21 October 2022, which many retail investors who bought at the higher price for their own reason would have been panicking. They could be Google-ing for the answer of the price fall (Often we don't find any reason for its price action.) and wondering whether the price will fall further? Traditional way to look for a price bottom is either by the guts feeling of "is too low to go lower" or using the technical support. Finding where the next support & watch whether it will rebound. To find the bottom of the price, we will need to look into the 5 mins chart to analyse where the major volumes are created within the day. *kindly open the 5 mins chart of 21 OCT 2022. Not able to post 5 mins chart in idea* We can see the volumes are mainly created at the day low from the 5 mins chart, which shows multiple high volumes but price is not moving lower. If the selling pressure is high, the price should go down lower instead of staying at the same price. From our point of view, this price & volume action is a sign of a pause in price fall or the price fall is softened. But this is only a PAUSE, it is not showing signs the price will have a markup or rebound. We will need to wait for the big boys to show us that they have intention to mark the price higher to attract buyers in for profit taking at higher price. The price movement now is just indicating there aren't any buyers in the market for the big boys to sell their shares. *Note : a pause in price is not a signal of rebound, the price might stay sideways within a price range & continue to fall. For short term traders, always wait for the big boys to show us that they have intention to mark higher. It is always about the best timing, not the best entry price. When will the price markup? We will have to continue monitoring the price movement after this for price & volume actions that show the big boys are ready to mark higher. How far will they mark the price up will depend on how soon the big boys distribute their remaining shareholding. Visit our website to find out more about our upcoming webinar to learn the detail price & volume analysis for KLSE!
MYX:HLT
by ROUNDnSURGE89
Possible technical breakoutPrice action breaking up a long term downtrend resistant line with building up volume . Some FA info, this company is doing apparel, textiles, fabrics. And recently they are doing fabric reusable face mask, PROXMASK, www.prolexus.com.my Targeting +10% - +20% profit from current RM1.12 Risk Reward ratio: 1.8++ Cut loss : -6% (RM1.05) Like my works? Please hit the Like, Follow and Share or tip me a few coins :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
PLong
by DannyKc
Possible Technical Outbreak 0.43Broke the long-term downtrend line (Yellow dotted line) Lower low and higher high slowly in form (Uptrend tunnel) Monitor closely, if a strong green bar appear and crossing up 0.435 with high volume. My first TP will be 0.5 Cut loss if anything go lower than 0.325 Risk reward ratio = 2.5 Like my works? Please hit the Like, Follow and Share or tip me a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
ELong
by DannyKc
1
Follow up with Pestech, TP remain!Earlier we have a 2nd entry signal at 1.2. Price doesn't go up as I expected earlier, however, it doesn't break through the cut loss line we set. Hence, I remain on the TP earlier, around 1.4+ Yellow dotted line referring to support & resistance. TP = RM1. 40 / +20% or more CL = RM1.03 Like my works? Please hit the Like, Follow and Share or tip a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
MYX:PESTECHLong
by DannyKc
CIMB possible cup and handle patternCIMB supporting at this MA area, and it has possibly forming an uptrend cup and handle pattern. Looking at the financial sector / fbmklci, there's a possible rebound. If this zone confirm the support, possible TP will be at 4.95, 5.26, 5.6 The supporting price is at 3.8. Like my works? Please hit the Like, Follow and Share or tip a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
MYX:CIMBLong
by DannyKc
CMMT broke long-term downtrend lineCMMT broken the long-term downtrend line, volume starts to build up and price are chasing up. The lowest low at 0.595 has been tested few rounds, it can't go any lower now and the selling pressure are changing to buying momentum. My first TP will be 0.835 second TP will be 0.9 Risk reward ratio = 2.2++ Cut loss if anything go lower than 0.69 Like my works? Please hit the Like, Follow and Share or tip me a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
CLong
by DannyKc