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SALUTE, watch out the downtrend line>> has to break the said downtrend line. >> 0.715 as nearest Rst. Know yourself well and know the "Hot Tip" well. If you have diabetes, and milk tea is going for buy 1 free 2, will you still fear of missing out? 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.
MYX:SALUTE
by DSELE99
REVENUE, QR soon. Where's the next direction?Downtrend started since April 2021 until now, and those EP wrong should be hardly to recovery. What now? >> Price below Hull MA >> Need to break the short-term downtrend line (pink) if want continue short term rally. >> Last support 0.185 >> 0.215 ~ 0.225 is R area. >> Stochastic is OS. Personally won't take this 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: 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.
MYX:REVENUE
by DSELE99
Gfm nearly to Head & Shoulder pattern Gfm is an integrated facilities management & service provide company. Back in November, GFM acquired the remaining shares in oil and gas (O&G) maintenance services provider Highbase Strategic Sdn Bhd. As at end-September, GFM had cash of RM93.83 million against short- and long-term borrowings of RM28.48 million and RM241.35 million. Net gearing stood at 99.7%, while retained earnings stood at RM93.83 million. Im its latest move, it is acquiring the entire stake in Era Gema Bina Sdn Bhd for RM23 million to expand into the highway rest and service area (RSA) business. On chart pattern wise, a formation of head and shoulder is seem in developing. On the bear side, If its share price pullback from 0.255 to 0.215 (neckline) then, a head and shoulder pattern which is a bearish pattern will be complete. It may further goes into correction to Tp1: 0.170 or Tp2: 0.150. On the neutral side, If it can close at price 0.260 or above before the neckline retracement, the head and shoulder pattern shall become invalid. Thus it might do some consolidation to 0.205 or 0.190 and take some time before gaining some strength to rally to Tp1: 0.300, Tp2: 0.330 or Tp3: 0.350. Disclaimer: This is not a Buy / Sell call. This material is just for learning purposes only. Consult with your financial advisor and trade at your own risk.
MYX:GFMShort
by K_S_AbdHamid
1
FRONTKN, what do you think it will be?>> Need to break above the "pink" downtrend line. >> Have to stay intact with the "blue" uptrend line to continue rally. Let the market show us the way. When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management! Keep the long term vision. 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.
MYX:FRONTKN
by DSELE99
INNATURE, sell down due to bad QR? Price move first?QR soon. Price is down -10% ± Will it be sell down as FA traders predicted a bad QR? Or chartists clear position due to bad TA? Base on higher TF, it won't be stable yet. >> RSI is OS. >> Price below Hull MA. Personally will avoid it for a period I don't need to convince people to invest and win, it's a choice to let go if you don't believe the processes due to bad experiences you have encountered with others. But it's better you know a lot of people are still getting profitable outcome from this platform. 📈📉 Michael Amber 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.
MYX:INNATURE
by DSELE99
1
Pharma Triple Top PatternPharma, a company engange in research and developing medical drug and devices was a darling in pharmaceutical in Malaysia. Recently, it had been hit hard with expired vaccine and the obsolete of PPE, needles etc (for Covid 19 use) impairment which was not utilised by the MOF. The recovery of its share price had been distorted as they are facing some dispute issue with MOF regarding ventiltor urgent supply which was claimed as malfunction. On chart pattern wise, a triple top pattern had been formed which is a bearish signal. The RSI is also showing the reading at 70.97% which can be consider near to overbought. But if it could close above 0.450 before it retouch 0.370 than the triple top pattern will be cancelled out. In summary, 1) if it cannot break and close at 0.450 or above, the triple top pattern play out. It may drop to TP1: 0.350, TP2: 0.325 2) if it close at 0.450 or above, the bearish pattern shall be cancel. It may rally to 0.515 to close gap. Disclaimer: This is not a Buy / Sell call. This material is for learning purposes only. Consult your financial advisor and trade at your own risk.
MYX:PHARMAShort
by K_S_AbdHamid
2
SWIFT, near support?>> Price at bottom of Parallel Channel, possible rebound? Once broken the channel will look uglier. >> 0.595 the nearest resistance. >> OS counter, some traders like to trade bottom. On the contradict, I trade another way. If you ask a trader - the question I will ask is this, assuming I do not have positions yet, and at this price point, will I buy in? If the answer is no, I will sell.... But that's a trader... Maybe you should also ask yourself, how much do you and other like or patronize their business? 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.
MYX:SWIFT
by DSELE99