Malaysiastockmarket
Potential Reversal Trading Signals for MMCCORP, PARKSON, TASHIN Potential reversal trading signals have been spotted for these 3 Malaysia stocks MYX:MMCCORP , MYX:PARKSON , MYX:TASHIN , which could mark the start of an upswing.
Find out how to ride these potential reversal trades to catch a short duration up swing.
FCPO TRADING : 278) uptrend is confirmedthis is haidojo and the number is 278 ...
so after some waiting, no advanced patterns, and sideway has retreated...now uptrend is back...
bull has gained its strength and long on retracement is the best offer frm market now...careful with full-force dropping!
enter only when the market starts to slow down...don't catch "a falling knife" ! that's all...
*plan your trade and trade your plan... gud luck*
resistance : 3875
support : 3500-3600
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
FKLI TRADING : 277) bat pattern side-by-sidethis is number 277.
first of all, previous bearish bat pattern is invalid bcox the leg A is violated...
now the most current one is ...still a bearish bat pattern...after the impulse leg X and A, then we have leg C formation which forms a higher-low, therefore bearish bat entry at 1606, SL abv 1612, 1st tp 1585, 2nd tp 1576...
see how this work out bcox the previous bat pattern, short entry didn't hit the level bcox it "costant"/reversed at 1612, a few points before the entry...
*plan your trade and trade your plan... gud luck*
resistance : 1606-1612
overhead resistance : 1585
support : 1550-1560 (lowest-low this year)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
TR 361.Johotin, weekly in uptrend. EMA 20>EMA50>EMA 200. Now in Wave 4 where expected reversal is at 0.5 Fibonacci level (previous retracement also at 0.5) and RBS area.
2. H4 reversal candlestick formed (bullish candle larger than previous candles.
3. From Isaham, profit and revenue increased, PE 13.4, WAFV RM1.85
TOPGLOV - BULLISH IMPULSE SOONWith coronavirus outbreak in 2020, glove stocks have seen immense upside.
However, since August 2020 until now (April 2021) - it has been in a lengthy correction as if there's no hope left and uncertain whether or not glove stocks could still perform in the future.
Utilizing Elliott Wave Theory, it is likely that we are about to complete a Flat Correction (A-B-C) with Ending Diagonal.
Breaking above 5.520 will likely imply that the bottom is in, and we could easily see a conservative target of 10.00
This is purely from Technical Analysis perspective, disregarding its fundamentals.
TR 351. DOMINAN weekly starting to make an uptrend. EMA 20 and 50 almost crosses.
2. Daily in wave 4 where reversal expected to be 0.382 Fibonacci level also a RBS (previous Wave 2 at 0.382). Doji fomed an break with bullish candle. Price action above EMA 200.
3. From Isaham, Profit and Revenue increasing, PE 12 and WAFV RM1.16.
FCPO TRADING : 275) at the crossroad...again?this is haidojo and the number is 275 ...
since we entering fcpo-june, fcpo price has been trading in sideway position, still indecisive of the trend.
basically, the price has broken below the critical support of 3830-3880 support level, thus, it is in downtrend...
however, it is not directional in any significant way...juz goes up a little higher, then a little lower...
so now it has entered a boring "sideway" market...
probably waiting for appearance of advanced pattern...advanced pattern is very rare in fcpo, juz a mere 6-8 trades in a year!
yes, it is so rare that I basically give up trading advanced pattern in fcpo...but if it appears, I can still pinpoint them to u...
u know, juz for case study...
*plan your trade and trade your plan... gud luck*
resistance : 4062 - 4176
support : 3830-3880
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
TR 341. Muda weekly in uptrend. EMA 10>30>200. Now in Wave 4 where expected reversal to be at 0.5 Fibonacci level (previous Wave 2 also at 0.5).
2. Hammer formed in H4 and broken with a bullish candle. Also at SBR level.
3. From isaham profit and revenue in uptrend, PE 9.5, WAFV RM2.62.
274) uptrend is gaining/losing momentum?fkli has been sideway for 3 days, if this level of 1616 can hold, then it might re-challenge the 1632-1649 level,
if this level cannot hold, then it will retrace back to 1588-1576 level...
fkli has been trading sideway since day-One in year 2021...look at the daily chart and you shall see what I mean...\
the price juz move frm 1550-1650...with market still cautious about the impact frm covid-19 and the sentiment is still weak...
so trade accordingly and stick to ur plan...u gonna need that to win this...
*plan your trade and trade your plan... gud luck*
resistance : 1632-1648
support : 1616
lower support : 1575-1588
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FCPO TRADING : 273) at the crossroadthis is haidojo and the number is 273 ...
gudbye fcpo-may and welcome fcpo-june...as the new fcpo has arrived, it is still unaware which direction it is going...
for the past 2 days, fcpo has been trading lower...but as long as the previous higher-low is not violated, then we still regard this is as a
continuation uptrend...previous higher-low to observe is ranging frm 3820-3870...if this level is violated, then trend has reversed...
till then, long on dip/retracement...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3830-3880 (resistant-turn-support)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
simple analysis: bullish target zone from pullback fib extensionmedium term target zone: 9.6~9.8
long term target zone : 10.8~11.0
Target zones are confluent with existing SR zones (yellow)
Be patient to wait for another pullback to confluence of:
i) current support zone (green) ; &
ii) 21ema
before considering a long play.
TR 331. PPHB Weekly starting to make an uptrend EMA 10 > EMA 30 > EMA 200. Now in Wave 4 and expected to make the reversal on 0.5 Fibo level. Seems like forming cup and handle pattern.
2. Reversal pattern formed at D1 (engulfing), price action slightly above EMA 200.
3. Isaham revenue and profit in uptrend, trailing PE 6.3, WAFV RM1.94.
Predicting price for rebound --- fib extension from pullbackLIKELY SCENARIO
-- Price rebound from bearish price target @ 0.59~0.60
-- derived from 150%~161.8% fib of MINOR pullback during drop
-- Bearish price target confluent with MAJOR pullback during drop @ 0.59->0.71
LESS LIKELY SCENARIO
-- Price rebound from bearish price target @ 0.52~0.54
-- derived from 150%~161.8% fib of MAJOR pullback during drop
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.
FCPO TRADING : 272) uptrend persists
this is haidojo and the number is 272 ...
after hanging in tight range for a few days, fcpo-may has stricken again!
the market has gripped the uptrend flight again and now we can see the bull is dancing towards an uptrend staircase...
what is interesting though is now we have past the previous high which was formed in early Jan this year, ranging frm 3830-3880...
again, we have entered into the territory which was only appeared some 10 years ago...! Yes, the price which only showed up in 2011...
now, this time it is unsure whether fcpo will shoot all the way up to challenge those level again...or subdue to the selling pressure...
we anticipate the price to retest the level of 3890 - 3967...(You can look back in Jan 7th 2021 episode in the link below)
however, something to take note is...fcpo-may is going to end soon...it will expire in a few more days...until next Tuesday, on 16th March 2021, then the new fcpo-June will emerge...whether fcpo-june will continue this bullish sentiment or sudden reverse to the bearish call is still too early to say...let's see what is expecting us next week...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3830-3880 (resistant-turn-support)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
Money Making Stocks during Market Correction While the market was having sharp reaction and lots of technology stocks were beaten down badly, these 4 stocks outperform the market and show leadership.
Let's analyze the price structure together with volume spread analysis (Wyckoff concept) on these 4 stocks MYX:AEON , MYX:ANNJOO , MYX:HIBISCS and MYX:MYEG with potential low risk entries at the key levels.
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.
FCPO TRADING : 268) 2 updates
long story short---2 updates...
1) bearish cypher pattern becomes invalid as the X leg is violated...
2) the resistance level of 3720 has been breached...so long on retracement now...bull is back
*plan your trade and trade your plan... gud luck*
resistance : 3830-3880---previous high
support : 3720 resistance-turn-support
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
