BJFLong Position: When an investor takes a long position, they are buying shares with the expectation that the price will go up. For example, if you buy 100 shares of a company, you are said to be "long" those shares. The goal is to sell them at a higher price in the future and make a profitBLongby drasyrafzUpdated 0
BJFaim for long position in 6 months time once market seem to be more friendly to all concessions under BJF BLongby drasyrafzPublished 0
TP 0.71 REACHED, BJFOOD0.690 - 0.710 Starbucks Franchisers Issue Profited BJfood. Bullish retracement awaited. Israel related. US boycotted franchises and MCDBLongby foryourhonourPublished 0
BJFood. Starbucks not selling like hotcake after MCO? 21/May/23BerjayaFood's stock price probably trending toward 0.155 +/- to complete wave (E) of triangle. Why? expenses > earning after opening "More StarBucks outlets"?....Bby SteveTanPublished 113
A Divergence Signal!The candlestick indicates a divergence signal due to the price being below the MA200 line. Using the support channel line as a reference, the price has the possibility to break the R1 price line, hence, toward the R2 price line in future trade. The support channel is a reference to holding stocks within the parallel trend lines and buying stocks at the lower support lines. If the price exceeds the support line, therefore BJFOOD's price is in the declining phase. MACD and RSI indicators also indicate a divergence signal, hence, confirming the price uptrend toward the next resistance price. Let's save BJFOOD in WL and watch out price rally toward the price resistance R1 and R2. R1 1.08, R2 1.15 S 0.855BLongby eskopitehmiloPublished 0
BJFOOD pullbackBjfood, as by 5 jan 2023, price closing rm0.98 . No new catalysts, news, either booster. Lack of popularity, momentum low, many sign of weakness, upthrust 1 day ago. However, the trend is still bullish. Price still above MA100 and MA200. Currently testing support at 0.98. If broken may test support @ 0.935. Next quarter report expected on early February. Usually price will be reacting with the quarterly report. Resistance 1 rm1.06, R2 rm1.09. Fundamental of the company is good, revenue and profit boosted from main business especially from the Starbuck Coffe. Eps 7.49 , pe 13.09 , roe 27.64 . Recommendation, wait for volume come either at support for buy on support or after breakout for buy on breakout. Support and resistance as shown above. This article only for learning only and self opinion. no buy call. Please do your own research. MYX:BJFOOD BLongby KijoooPublished 0
BJFOOD VCP SETUPBJFOOD setting up VCP with below contraction: C1: -29% C2: -14% C3: -7% Chart further stand solid after the split. Volume look decent lately on 15th and 19 Sep. Let's see if able to breakout the C2, C3 and C1 as well. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.BLongby adamkhooskUpdated 5
BJFOOD Elliott Waves Analysis updated 14/Feb/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...Bby SteveTanPublished 3
BJFOOD: NICE UPTRENDI'm expecting BJFOOD to go up and test the near resistance soon. TAYOR!BLongby ZimyPublished 220
Propose Game, Risk and RewardPropose game with Risk and Reward. Manipulated movement to test impatient traderBby ChartExpress-RPublished 0
BJFOOD upside biasDaily - Break Ichi cloud and DTL. 4HR - Break Ichi cloud. 30Min - Ichi cloud thin showing has the momentum to continue up.BLongby zhaffmyPublished 0
BJFOOD - STOCK AFTER HARI RAYA Slow but moving.. Resistance (R) : 2.04 Support (S) : 1.97 Entry Price (EP) : 2.07 With strong buy of 5 Market Depth (5MD) Target Price (TP) : 2.13 Stop Loss (SL) : 2.01Bby trader_berkupiahPublished 0
In MCO, Food is KingCorporate Name : BERJAYA FOOD BERHAD Symbol & Code : BJFOOD (5196) Board : MAIN Shariah : Compliant Sector : Consumer Products & Services Sub-Sector : Travel, Leisure & Hospitality • Weekly: Price is maintaining 200ma after a huge 50 ma breakout • Daily : Strong 20ma support and now the price is trying to break the resistance at 1.75 • EP: 1.6-1.7 Bby TentoriumPublished 0
MCO cause a heavier impact ?Expected a weak consumer sentiment and prolonged social distancing measures to hinder sales recovery in the near-term. The trend is really bearish to me.. For those are like to shorting, this new month beginning is the ideal moment. If you find my article and analyze help you please like, follow and comment if you have any idea. Thanks.BShortby SL-TradesPublished 4
Technical Analysis (Wave,Pattern,Indicators): [Berjaya-5196]* = explanation Falling Wedge - Bullish 1. Broken Falling Wedge - Waiting for retest on Demand Zone (*where investor wants to buy). 2. Potential correction (*when the price moves too high, there is less demand, which in turn will pull the price low as it does not worth much in the market. This is known as corrective rally/retracement/pullback/retest) 3. The 21 (*faster moving) ema (*exponential moving average) crossover above the 50 (slower) ema. It is called the golden crossover.It is a buying signal often used by Smart Money (market mover, banks, big hedge fund manager, investment banks, financial institution.) The crossover happen on the break of the Pattern - Falling Wedge, further hinting that momentum might be changing at the moment.BLongby LearnFxJourneyPublished 2