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CAHYA MATA SARAWAK BHDCAHYA MATA SARAWAK BHDCAHYA MATA SARAWAK BHD

CAHYA MATA SARAWAK BHD

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CMSB trade ideas

CAHYA, truly a 'Sparkle' in your investment.I will put my money in this stock. PERIOD! CAHYA is one of the companies that supply raw materials in construction. They involve in the constructing of PAN Borneo Highway, billions of ringgit telecommunication tower project which was awarded to 5 contractors including them and many more. Don't forget that in Sarawak, the state only accepts local companies with employees 90% from Sarawak only. What I'm trying to say is, there are not many competitors in the state and we can expect a very good return. Back to the chart, it is now has completed the last wave of correction, and it is currently at the demand zone before heading up. DTosc and Stoch indicator shows that the market is biased in the OS area since the last trend wave which was in June 2015, it also means the market no longer wants to go 'down'. There is also a divergence in MACD showing that the momentum was weak. I will definitely put my money when Dtosc and Stoch market reaches the OB area and making a 'change of route' in that area. Surely it will be a good investment.
MYX:CMSBLong
by AMianz
CMS ready to take off? (Cahya Mata Sarawak; 2852.kl)Stock code: 2852 Stock name: Cahya Mata Sarawak Bhd Screener: 18LC for 11 Mar 2019 Observation date: 12 Mar 2019 Observation: a) Price & Volume: - Price: Low to average spread on the sideways with wide spread on upbars. - Volume: Low vol. on average price spread with high volume on price upbars. b) Market Stage: - End of Accumulation stage (S1) soon and possible beginning of Mark Up stage (S2). c) Trading Range: - Price is trading within a Trading Range (since end May'18 till to-date). - At the same time, we can see a Symmetrical pattern appears with peak and bottom at Point 1 - 6. d) Resistance & Support: - Price is well supported at Support Line 2. - As of today, price closed above Resistance Line 1. - At the same time, it closed higher than the previous bar, hence nullifying UT. Remarks: - As we can see, price has broken above the top side of the Symmetrical pattern. - If price holds and close higher, this means market decided to move the price higher; a beginning of Mark Up stage (S2). - Hence, we need to see a few bars to confirm the breakout.
MYX:CMSBEducation
by mdalifalwi
Continuation of Mark-Up Stage with Confirmed SP & NS bars - CMSBBased on daily chart above, the uptrend is further strengthened with confirmed Spring and No Supply bars. The 2 Sign of Strength bars shown Smart Money is still interest to mark-up the price by testing the supply in the support level. Place your stop loss below the 2 Sign of Strength bars and take profit at resistance or the next Sign of Weakness bar. Send us your preference stock to review based on TradeVSA chart by comment at below.
MYX:CMSBLong
by MartinTFWong