KLSE might pullback to 1500 before resuming higher. As of today, KLSE should be able to defend the 1500 level and going much higher. Will it advance before CNY next week? Let’s see.
KLSE has made a good progress higher. However at this current level there might be a pullback lower towards 1460 area before resuming higher towards 1525 area.
Yesterday price & volume movement shows big boys are coming in to lift the price higher after recent price fall. In 5mins charts showing supporting volume then mark up volume in.
Transaction today shows high volume at the day high with price maintained in the same range . This shows the price is reaching the price peak with potential selling pressure coming in. Based on our analysis, next trading day price will not sustained at the high side. Price might fall after morning price hike.
Price 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...
22nd Nov intraday price & volume action shows big boys have the intention to mark the price higher with lesser volume created during price down. Which signal selling pressure from the big boys is reduced compare to last week. Our view : we are expecting a rebound in the next few days.
We posted a pause of price fall on 17th Nov & waiting for rebound signals shows from big boys transaction data. on 22nd Nov, stock prices are obviously maintained higher price at the 2nd half of the trading session. Although high volumes are created earlier in the morning indicating selling pressure, but the stock price didn't go down further. This shows a good...
on 17th Nov 5 mins charts shows high volume with price maintained the same price level when is near to the end of the day. This shows the sign of the price is bottoming soon. But continue to monitor for any sign of big boys' intention to mark the price higher later. Take note : this shows the sign of short term price pause, any long term or mid term rebound...
SYSCORP shows triangle breakout 2 with high volume on 1st NOV 2022. This technical signal will attract many technical traders entering into this stocks. However, from the 5 mins chart of 2nd Nov shows some selling with high volume, together with high volume price not marking higher. This usually happens when the big boys are getting ready to dispose some...
*refer to the image link* Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher. This indicates the big boys have no intention to mark the price higher & a price retracement is on the way. High volume price down happens around 11:40 & 12:15 shows the selling pressure is in. We see a few glove makers are...
To time a perfect rebound for trading, common technical analysis is not going to help much. Due to the signal is always late, causes our entry at the high price & price fall after that. Common technical analysis often use average price & volume for indicator or price up with high volume , which the big boys often use this method to attract investors attention for...
Disclaimer : 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...
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...
High volume is building up, buying momentum positive. Possible challenging previous high, RM1.10 1st TP : RM0.95 2nd TP : RM1.10 CL : RM0.845 Risk & Reward : 4 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.
Looking at last friday closing with high volume on last trading hours, buying momentum is building up. Possible challenging RM1. TP : RM1 CL : RM0.87 Risk & Reward : 3 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.
Price 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...
Price action breaking up high with increasing volume. Targeting +10% profit from current 0.675 Risk Reward ratio: 2++ Cut loss : -5% (RM0.64) 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.
i'm still expecting a big rebound soon! can slowly accumulate at this zone, and wait patiently. The risk is very low. If it go below RM3.7, cut loss!