BONIA trade ideas
PVA analysis on BONIA1. Price at MA200 support
2. Price making lower low
3. At the MA200 support, there is a present of small candle but with high volume (anomalies detected)
4. Bullish divergence in RSI
5. OBV increasing while price decreasing
6. A good potential 2:1 ratio play.
CHEAT SETUP BONIASales and profit increasing in QOQ and YOY.Price has just break the horizontal line with higher than average volume
bonia 8422market stucture
price already touch resistance
is it time to buy?..for sure not
wait the price to pull back.
or
break out and pull back to current resintence
then find ur buy signal technich
wat is buy signal..next note
TAYOR
BONIA - Retail can withstand high costsKUALA LUMPUR (March 22): Despite the high costs, Affin Hwang Research expects that retailers and brewers will be able to pass on the high costs as Malaysia begins to emerge from the pandemic period, as socio-economic activities resume and consumer demand resumes. , however, the food and beverage industry is expected to face stiff competition. Fierce competition in the food and beverage industry. Affin Hwang's research believes that after the global financial tsunami in 2008, despite the high commodity prices, the retail industry is the main beneficiary in the consumer sector, while the food and beverage industry is affected by the compression of profit margins. Today, in the post-epidemic era, we are also facing the problem of soaring living expenses and raw material prices. The bank believes that the recovery of disposable income is enough to offset the cost of living due to raw materials, high food and beverage prices, high transportation and housing costs, mainly due to the restart of economic activities to improve employment and disposable income. Independent smallholders earn RM4.3 billion due to high palm oil price (if it rises from RM5,000 to RM6,000 per metric ton, the income per owner will double to RM18,600), and the government's aid distribution increased by 26.2% year-on-year to 8.2 billion Ringgit.
Source - Sinchew
Indicator show buying signal at price point 1.7 with carries a high volume trend in this week. This will show good signal for this counter to pursuit price rally for short term and longterm buyer.
Bullish, found SupportBonia has bucked five straight months of market pullback as the price found resistance at 1.05 coincides with negative divergence seen on RSI in March. The stock however, rebounded upon touching 200-day SMA coupled with support level at 0.84, which the entire pullback could have ended here. Hence, we see a possibility of technical breakout above the DTL. If this happen, we expect the price to move towards the short term target prices of 0.98, 1.05 and 1.11. Downside support is located at 0.84 and 0.75.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
<TradeVSA> Bonia.... Pullback Completed ?Sign of Strength in the chart:
1. Re-accumulation with shakeout
2. CoC follow by Pocket Pivot
3. Pullback after breaking from Pocket Pivot
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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
BONIA - CONSUMER PRODUCT
ASSALAMUALAIKUM W.B.T & SALAM SEJAHTERA
…………………………………………………………………………………………….
MELIHAT ARAH TUJU KAUNTER BONIA DLM MASA SEMINGGU
#BukanBuyCall
BONIA - Price just like when they go public!BONIA
BONIA - A luxury fashion company. I like their products. I'm fan of leatherwear.
As you can see their stock price have been falling since 2014, that doesn't seem very good. BUT looook to the left even more! It almost same as the price when they go public, HAHA. (poor Bonia founder keeping their shares for 17 years just to get breakeven).
Well well, it's an opportunity for people like us that born late to the game to get this kind of price. The company have good performance, stable profit, efficient in managing their goods and assets, having lower debt ratio (debt<asset/current/equity), a stable like dividend, and the most important thing the price is very cheap!
p.s. it also very safe even if they go bankrupt, look at the Net-Net indicator and Book indicator, it means even if they go gg, we may still profit or at least get our investment back. (Not guaranteed, don't blame me if something goes wrong)
BONIA SHORTBonia has been on a downtrend for a very long time. Bonia has recently broken out of the trendline. However, it seems as if price is about to break lower. Price has already broken ascending support level, and hit resistance level of 27.5 cents. Price will most probably retest trendline at 30 cents, before continuing down to 24.5 cents, then maybe 20.5 cents. If price breaksthrough that support level, it may hit 17 cents.
