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CHHB, example one of the reason why I avoid OS counter"Having missed the 29 Feb 2024 deadline to release its fourth quarter ended 31 Dec 2023 (4QFY2023) results, *Country Heights Holdings Bhd* (CHHB) is likely to be slapped with a trading suspension. (The Edge Malaysia)" TA wise... >> Below Hull MA (blue cloud) >> Stochastic & RSI are OS. OS doesn't means good to collect, it may indicate that it's at best buy area. And it could be cheaper as well. Do trade as per own set-up. It may help in your own trading style. If traders themselves don't believe their own trading plan, who else woll? Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
CShort
by DSELE99
A Reversal Pattern!The candlestick pattern indicates a reversal pattern where the price having a positive momentum towards the MA line without significant in trading volume. Therefore, a precaution for a potenticial price reversal. The price channel indicator provide the upper and lower bound of the price range during a market trend. The indicator uses the highest highs and lowest lows to form the channel, with the upper and lower lines representing support and resistance areas MACD and RSI indicate a positive signal hence confirming the price momemtum towards next price resistance. Let's SALUTE in WL and watch out for price uptrend towards next price peak resistance with result in volume above the MA line. R 0.740 S 0.620
MYX:SALUTELong
by eskopitehmilo
SBAGAN, looking base?>> still correction period, -13% from current top. >> Hull MA still red ♥️ >> Nearby EMA 50 area. Wait for proper signal to EP. Make sure you're in the RIGHT SECTOR (right place at the right time) like FengShui 🤩 When the wind is not blowing, no point sitting there waiting, position ourselves in place of most opportunities. When the tide comes in, all the boat will rise (unless that boat is a sinking boat - poor quality stock) Disclaimer : Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
S
by DSELE99
Sedania completed Inverse Head & Shoulder patternSedania were a company provide Airtime & Data Peer-to-Peer Transfer Platform for Celcom Axiata Bhd and Maxis Bhd in Malaysia and Robi Axiata in Bangladesh back in 2017, and now they had expand into Fintech, Sustainable Energy and Healthcare. Looking at their QR revenue was below Rm 8M until year 2020. But their last 4Q revenue had increased significantly. Perhaps from their merger & acquisition. Proving their business plan is good. On chart pattern wise, a complete formation of inversed head & shoulder patter which is a bullish pattern had formed. If this pattern play out, it may reach to 0.235 (3rd resistant). As long as it stay in current price channel (white line) the upward momentum will keep intact. Currently: Resistant 1: 0.200. Support 1: 0.195 Resistant 2: 0.220. Support 2: 0.185 Resistant 3: 0.235. Support 3: 0.180 Breakout from 0.235 may fuel the bulls further to above 0.300. Disclaimer: This is nota Buy / Sell call. This material is for learning purposes only. Consult your financial advisor and trade at your own risk.
MYX:SEDANIALong
by K_S_AbdHamid
1
Another bangaCheap stock has entering into momentum zones 1. Long term Green zone 2. Plus with Golden zone 3. Green candle 4. Green dynamic support 5. White arrows With so many good signs somehow downside risk is quite higher 7-15%. It's a quite big room for her to wiggle and if fails it may hurt you to 22 - 25%. If no problem with the risk and time .. If time is crucial you may risk into short term risk 4% and exit if fail and will see after that. But potential upside is 34%...and if break after that...you tell me Sometimes big player love to join and they will squeeze for such a long time again and i hate that. The momentum rocket become sleepy iron dome....
MYX:HMLong
by godsmercy305
CEB, buy red sell green?>> price touched EMA 200 and retrieve -16% at this moment. >> QR will release soon, traders foresee bad result? >> Hull MA red. >> Stochastic and RSI head down. I won't take risk on such setup, a.k.a. will skip it. We cannot control how much we win. But we can control how much we lose. Focus on what you can control! Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
C
by DSELE99
RGB, lossing momentum?>> Resistance 0.33 >> Hull MA red at the moment >> once broken Parallel Channel will look uglier >> Stochastic at oversold area. The place that I rarely trade Buy and sell so you can sleep better at night. But if you lose your sleep after you buy or sell. Then have to evaluate why you buy or sell....🤔 Disclaimer : Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
R
by DSELE99
RCECAP - the set-up that I won't tradeWhatever at too, will down. Shall we catch the falling knife ? Some traders will, but some won't. Over here, we unable to go for short, only can long. Know your market and trade accordingly. >> 24th January, price start down, stochastic and RSI both are DC. >> After that, stochastic is at OS area for couple days (until now). Some will argue that it's good to collect OS because it's at bottom. But bear in mind that Oversold will continue Oversold, and vice versa. >> Hull MA is red, and price hardly sustaine above the Hull MA. >> Currently price slightly above EMA 200, but as mentioned above, and it doesn't show any firm reversal yet. Look for your own setup to trade, because only ourself can fully understand what the chart telling us. When a stock / index has gone up substantially, we must be more care if we decide to get involve in it... monitor closely and be agile.... we cannot PREDICT what definitely will happen ~ we can only RESPONSE to what we see! Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
R
by DSELE99