Time Cycle AnalysisUEMS above 0.89 is bullish, below 0.89 is bearish. Key date to watch is around 19 Feb 2024. The projected trajectory is heading north unless the key support of 0.89 is broken.
A Positive Divergent Signal!The candlestick pattern indicates a positive divergence since the stock is in the accumulation stage before proceeding to an uptrend movement. The upper limit triangle-like shape indicates price resistance when prices move up the result of the price action should increase in volume.
The MACD and RSI indicators confirm the candlestick pattern which indicates a divergence signal.
Let's save TTVHB in WL and watch out for significant price movement with an increase in volume above the MA20 line.
R 0.840
S 0.695
Time Cycle Analysis: CTOSCTOS NTA 0.26 MYR, above 1.62 MYR is bullish, below RM1.62 MYR is bearish. The forecasted trajectory is heading south unless the price action can penetrate 1.62 MYR comfortably.
The Discounted Cash Flow (DCF) valuation of CTOS Digital Bhd (CTOS.KL) is 0.72 MYR. With the latest stock price at 1.41 MYR, the upside of CTOS Digital Bhd based on DCF is -48.6%.
source: valueinvesting.io
For investment or trading ideas, please feel free to visit my chart gallery:
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Paramon the late comerParamon, forming a triangle pattern. Market sentiment improved with stable political condition.
I am seeing short term TP1 at 1.05, TP2 at 1.09 follow by TP3 1.15.
Stop loss at 0.940.
Uzma gaining momentum to break the 0.84 resistanceVery interesting counter after 2 weeks of small retracing and now reaching 0.84 resistance line again.
If it break up 0.84, we will see it continue to surge up to 1.11, 1.29 and 1.60 zone in next 6 months.
Time Cycle Analysis: RanhillRanhill, above 0.87 is bullish, below 0.87 is bearish. Key date to watch 22 April 2024, 17 Sept 2024, 14 April 2025.
As of 2024-01-31, the Fair Value of Ranhill Utilities Bhd (RANHILL.KL) is 2.03 MYR. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 1.13 MYR, the upside of Ranhill Utilities Bhd is 80%.
Peter Lynch's formula: RANHILL.KL Fair Value = Earnings Growth Rate x TTM EPS
source: valueinvesting.io
Edaran, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
PTRANS,, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
PGLOBE, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Renueco, failed to submit annual report 2023There always an arguement about which come first - TA or FA?
As chartist, TA might be my first indicators to trade.
There's a news about RENUECO failed to submit the annual report 2023. Before the news out, the price already show tomorrow news today.
www.klsescreener.com
Whether shall we collect now? Personally won't buy red. Let it drop and have proper signal, will be the option for me to EP.
Good luck to those dare to collect red.
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.
A Divergence Pattern!The candlestick indicates a divergence pattern with results in volume towards the next price resistance. The upper limit channel provides a signal for entering a long position hence a price breakout towards the resisance.
MACD and RSI indicators confirmed the candlestick pattern signal.
Let's save MYEG in WL and watch out for the price rally-up action with results in volume.
R 0.840
S 0.765, 0.720
PLYTEC, today big vol to sell down...>> Today heavy vol of seller
>> Price still below Hull MA
>> Monitoring for potential entry? But of course need wait for proper entry signal.
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.
Time Cycle Analysis: MRCBMRCB above 0.715 is bullish, below 0.715 is bearish. Key date to watch is 24 April 2024. The forecasted trajectory is heading south unless the price action can penetrate 0.715 comfortably.
ICONThis Week FORECAST
Opportunity for ICON. This setup I waiting for pullback, so can put on wishlist >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
IWCITY, the show still go on?>> daily Hull MA turn red
>> Stochastic OS
>> Once broke 0.875 will become uglier
Some will collect red. But I prefer greener side.
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.
MRCB... protect downside?I didn't hold any position in this counter.
If I do, wil choose to take profit / protect the downside.
Base on day chart, it seems like will pullback.
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.
Weekly MKLAND EW IdeasThis idea is solely based on price action combined with elliot wave analysis.
The sharing shall not be treated as financial advise. Trade at your own risk.
Time Cycle AnalysisAffin Bank above 2.15 is bullish and below 2.15 is bearish. Key dates to watch are around 27 Feb 2024 and 08 May 2024.
CENGILD triggered based on MRV1 on closing 15 Dec 23Buy signal triggered based on MRV1 setup at RM0.335;
20% target at RM0.405; stop loss at RM0.300;
2-3 months due to the signal based on the daily timeframe. A repeated signal which triggered on 6 Dec 2023.
**Only for discussion purposes. Not a buy / sell call.
ESCERAM triggered based on MRV1 on closing 18 Dec 23Buy signal triggered based on MRV1 setup at RM0.225;
20% target at RM0.275; stop loss at RM0.200;
2-3 months due to the signal based on the daily timeframe.
**Only for discussion purposes. Not a buy / sell call**
CUSCAPI was triggered based on the MRV1 on 20 Dec 2023The CUSCAPI buy signal was triggered based on the MRV1 setup at RM0.185, with the closing price on December 20. The target is a 20% increase to RM0.225, with a stop loss of RM0.165. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price movement pattern is showing a good higher low after a great deal of downtrend from the early 2022 peak. The immediate resistance is at RM0.195, with the next resistance at RM0.215 and RM0.230. Support is seen in the RM0.170 and RM0.155 areas.
**This is for discussion purposes only and is not a buy/sell call**
AURO was triggered based on the MRV1 on 20 Dec 2023The AURO buy signal was triggered based on the MRV1 setup at RM0.170. The target is a 20% increase to RM0.210, with a stop loss of RM0.150. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
Resistances are seen at RM0.195 and RM0.240. Support is seen at RM0.145.
**This is for discussion purposes only and is not a buy/sell call**
