PROBABLY THE NEXT STOCK THAT GIVE YOU 200% ROISince end of last year,
We been discussing what theme will be for this year for stock market. So during pep talk with among trader and fund manager, we all agree this year probably a technology sector will fly, as today july 2020, we can now agree a lot tech company stock price when up like crazy.
However, one of fund manager mentioned about Cypark. He said, this stock is not yet to be cover by any institutional, but worth to monitor. Strong fundamental and good company. Probably could be the next Penta - he said.
So from my point of view, he is right. This stock could be next stock that could giving you 200% ROI. With strong fundamental and bullish technical analysis we are looking atleast 1.600. For 2nd Quarter, this company reported loss in QR. However, we are expecting profit for upcoming quarter. So if you once low risk stock, this probably would be your good choice.
CYPARK trade ideas
Healthy upside and retracement after MCO startedNext resistance at 1.03, waiting for short term trend line broken and stand above the triangle breakout. Next resistance will be at 1.05 between 1.08
Potential downside risk to meet the next trend line supports only 3 percents.If it cannot sustain, the S2 will be valued at 0.910
Technical chart only for my own purpose. Trade on your own RISK.
Cypark Ia dalam sektor INDUSTRIAL PRODUCT & SERVICES.
Dari sudut FA
Market Capital ( RM ): 460.43m
EPS (cent): 19.86 *
P/E Ratio: 4.96
ROE (%): 11.96
Profit Margin (%): 24.2
CAGR - Revenue (%): 9.7
CAGR - PAT (%): 18.0
Number of Share: 467.44m
Dari Sudut TA
Sokongan di 0.920
Halangan pertama di 1.080
Halangan kedua di 1.190
#1 CYPARK BOD+3M+SNRFUNDAMENTAL ANALYSIS
Sector: Industrial Product & Services
Subsector: Industrial Services
Business: Engineering, Green Tech, Renewable Energy -- GOOD & INNOVATIVE
PE: 4.9 -- GOOD
ROE: 11.96 -- GOOD
ROE > PE: YES -- GOOD
NTA: 1.66 > price -- GOOD
DY: 4 -- NOT BAD
YOY: 11 -- GOOD
TECHNICAL ANALYSIS
Chart is in uptrend
MA20 touch green candle on 18 June 2020
Stoch RSI oversold & reversed
BOD on 18 June 2020
No. of shares: 467.44m -- Quite volatile
EP: 955
TP: 1090
CL: 920
RRR: 3.86 -- GOOD
Long term TP: 1195 @ MA200
[Swing Trading] :BUY at Retracement-CYPARKAlong with the news that a war may start between USA and Iran, the whole market closed today with a panic sell down(KLCI dropped 21.94 point to 1589.10).
At the same time, CYPark had also dropped to its support level (RM1.450, Fibonacci at 0.382 level), which gave us a chance to buy in the stock. Overall, CYPark is in uptrend and hence I believe that the stock would continue to rise in coming weeks to RM1.670, giving us a return of 15%.
The support would be around the recent gap up area (RM1.39-RM1.43). If the price cannot maintain above the gap, then the uptrending momentum is getting lesser, a cut loss should be done.
TP 1: RM1.61
TP 2: RM1.67
Cutloss: RM1.39
Remark: Trade at your own risks!
