ACO buy signal based on MRV1 setup on 5 Jan 24 at RM0.235
This is actually a repeated signal which was observed on 19 De 23 at the same price based on MRV1 setup.
Support area could be established at equilibrium support area of RM0.210 which is also the suggested stop loss to maintain minimum risk of 10%.
Stop loss aligns with next support area based
0.010 MYR
3.02 M MYR
137.41 M MYR
About ACO GROUP BERHAD
Sector
Industry
CEO
Yu Shan Tan
Website
Headquarters
Johor Bahru
Founded
1991
ISIN
MYQ0218OO006
FIGI
BBG00S0GVFH6
ACO Group Bhd. operates as an investment holding company, which distributes electrical products and accessories. It operates through the following segments: Industrial Users, Resellers, and Others. The Industrial Users segment involves the sales of electrical products and accessories to electrical contractors, electrical products manufacturers, factory and business owners, and others. The Resellers segment refers to sales of electrical products and accessories to intermediaries including distributors and retailers. The company was founded in 1991 and is headquartered in Johor Bahru, Malaysia.
ACO GROUP BERHAD - Is It Time After Performing Double Bottom ?ACO seems to have exhausted the downtrend movement after the completion of their Private Placement Exercise, and performing double bottom. With a positive latest QR Result, ACO should be able to test the nearest Resistance at RM0.280 and continue up movement if break and sustained above this level.
ACO - Resurface Out Trading Idea:
1) Wait for retracement and entry
2) Ride till TP set based on appetite
3) Set CL specified - nk folo taknak tepuk dada sendiri..
From the Chart:
1) Downtrend triangle - if break out technically possible to further more up.
2) HH formation observed
3) Last year momentum up and dow
ACO : break up MA200SMart money flow in
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(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
DOWNTRENDLINE BREAKOUT ACOPending downtrendline breakout:
Fundamental :
- new company
- in Industrial product and service sector
- recent Quarter report on 25th Aug,shows increasing QOQ (135%) and YOY (343%) - not shown in chart,can check at malaysiastockbiz website
- also owned by few big institutions
Technical :
- Pending
ACO - Pre Consolidation BreakoutNO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical ch
ACO AnalysisTrend: Sideway
Accumulation price area: 0.370 to 0.400
-------------------------------Swing-------------------------------
Need to hold 2 weeks to 3 month
Entry price (low risk): 0.36 to 0.370
Stop loss: 0.345
TP1: 0.430
TP2: 0.460
TP3: 0.490
-------------------------------ShortTerm---------------
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of ACO is 0.195 MYR — it has decreased by −2.50% in the past 24 hours. Watch ACO GROUP BERHAD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange ACO GROUP BERHAD stocks are traded under the ticker ACO.
ACO stock hasn't changed in a week, the last month showed zero change in price, over the last year ACO GROUP BERHAD has showed a −18.75% decrease.
ACO stock is 2.56% volatile and has beta coefficient of 0.73. Track ACO GROUP BERHAD stock price on the chart and check out the list of the most volatile stocks — is ACO GROUP BERHAD there?
Today ACO GROUP BERHAD has the market capitalization of 67.74 M, it has decreased by −2.50% over the last week.
Yes, you can track ACO GROUP BERHAD financials in yearly and quarterly reports right on TradingView.
ACO net income for the last quarter is 1.49 M MYR, while the quarter before that showed 435.00 K MYR of net income which accounts for 241.38% change. Track more ACO GROUP BERHAD financial stats to get the full picture.
ACO GROUP BERHAD dividend yield was 0.93% in 2023, and payout ratio reached 22.99%. The year before the numbers were 0.89% and 12.12% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 24, 2025, the company has 150 employees. See our rating of the largest employees — is ACO GROUP BERHAD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ACO GROUP BERHAD EBITDA is 7.37 M MYR, and current EBITDA margin is 4.84%. See more stats in ACO GROUP BERHAD financial statements.
Like other stocks, ACO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ACO GROUP BERHAD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ACO GROUP BERHAD technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ACO GROUP BERHAD stock shows the sell signal. See more of ACO GROUP BERHAD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.