VS, buy opportunity based on trading system The 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.
Time Cycle Analysis: UEMSTime Cycle Analysis: UEMS NTA RM1.35 and the next key date to watch is May 03 2024 (RM1.10). Lawrence Wong will take over as Prime Minister of Singapore to replace Lee Hsien Loong on May 13 2024. As a new PM, his political strategies are expected to be more focused on internal economic developments rather than external development such as JS-SEZ.
SSB8, potential rebound or end game?>> Stochastic oversold
>> RSI overbought
>> 0.380 as support
Let see whether it can breakout....
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.
Time Cycle Analysis: UEMSTime Cycle Analysis: UEMS above 0.89 is bullish, below 0.89 is bearish. On 8 April 2024, total solar eclipse will cross North America, passing over Mexico, the United States, and Canada which according to Chinese Ancient Culture, it will be associated with bad qi. Based on visual inspection, under base-case scenario the descending flight 5148 will touchdown around 18 April 2024 (RM1.07) and ready for takeoff or under worst-case scenario (i.e. US market crashed on 8 April 2024) flight 5148 will touchdown around 21 May 2024 (RM1.00) and ready to takeoff again. Bon voyage! Safe travels and may your journey be filled with beautiful moments.
KUCHAI SWING TRADE SETUP - MOMENTUM TRADINGPros
1. Near 52 weeks new high, 7% below 52 weeks high
2. Price above 10 & 20MA, 10MA above 20MA
3. Low volume pullback to previous resistance
4. Previous resistance, 10 & 20 MA as support
5. Double bottom setup
Cons
1. Low volume stock, risk of gap
Buy on price and volume increase
AGX, below IPO price.Listed since February. Currently below IPO price.
>> Price below Hull MA
>> Oversold counter
Didn't see any strong reversal. Either skip or monitor if interested into this counter.
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.
PRESTAR, protect downside >> Price blow Hull MA
>> Broken support and EMA 20.
>> Dropped more than -12% from 0.545
>> Stochastic oversold.
Collect cheap? Nope. I will wait for stronger reversal signal. Or else just let it find the bottom.
Beginner traders: Looking to buy at bottom and sell at top
Profitable traders: Looking for high probability moves while covering their bottom
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.
PRICE IN RETRACEMENT, WAITING FOR A POSITIVE SIGNCurrently, the Moving Averages (9 and 21) maintain a downward slope, signaling a bearish trend. The price action in the H4 timeframe corresponds to the Fair Value Gap (FVG) zone, indicating a critical area for potential market movement. To initiate a bullish trajectory, a decisive breakthrough of the FVG zone is necessary.
Additionally, the strength indicator, ADX DI, suggests seller dominance in the market with moderate strength. Observing for a potential crossover of DI+ over DI- could offer further insight into market dynamics.
Disclaimer: Please note that the information provided herein is for educational and informational purposes only. It is not intended as financial advice, and no investment decision should be made solely based on this content. Any actions taken in the financial markets are undertaken at your own risk. Always consult with a qualified financial advisor or investment professional before making any investment decisions.
PMHLDG Rebound from ConsolidationWe can see from the chart the stock has fallen from 52wh and consolidate. Then, the price is contracted from 39.48% to 7.86% starting from 13 March 2024 until 18 April 2024 with low volume. Today (19 April 2024), the price break the resistance with a volume. This can be a sign of rebound for the stock.
CCK CONTINUE MARK UPMy previous hypothesis still remained valid
Latest price action, from my POV is that, it is re-accmulating (Step Stone)
I am attracted to the bar on 27/2/24
-this is what wyckoffian termed as CO Rotation (Changing of Hands)
Position Re- initiated as attached since last i sold it
-Absolute pure wyckoff-
PBA, this support area strong for rebound?>> currently at support area @ 1.81
>> Need to breakout 1.91 to go higher.
>> Qr around 24 May. Possible to push up before QR?
>> RSI at oversold with some movement.
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: 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.
EDUSPEC 2024 - Venturing into 5G TestingIt reached a high of RM0.150, now pulling back abit.
It won 2 consecutives 5G testing contracts (RM10 million & RM30million) from EG industries subsidiary (SMTT), and last few days it was announced that EG's boss Dato Alex Kang is now quite a substantial shareholder in Eduspec. (5.103% direct, 7.01% indirect holdings).
Wonder what will be the profit margin for those 5G contracts?? Hmm..anyone know?
Disclaimer:
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.