KL:KABThe state-owned investment firm Permodalan Kedah Bhd (PKB) and Kinergy Advancement Bhd (KL:KAB) have signed a memorandum of understanding (MOU) to develop sustainable energy projects.
KAB stated that it will handle the technical aspects and leverage its energy industry experience, while PKB will find possible sites for renewable energy projects and help with authorisation duties such project licencing.
Among other things, it stated, the cooperation concentrates on the implementation of clean energy, renewable energy, energy-efficient solutions projects, and engineering works. Development of solar farms and waste-to-energy production are two examples of this.
KAB trade ideas
A Divergence Signal!The candlestick indicate a divergence signal where the price closed above the MA line without significant result in volume.
RSI is gaining positive momentum due to fresh buying interest from the trader on the stock. But not contribute much on the volume.
MACD indicates a divergence signal and coherence with the candlestick price where the price closed above the MA line.
Is this will be a turning point for the stock towards next higher price peak? Using the resistance line is a good way to indicate if the price is gaining momentum towards next price peak.
Let's save KAB in WL and watch out for significant price movement with volume support the price uptrend momentum.
R 0.360
S 0.290
A Divergence Signal!The MACD and RSI indicate a divergence signal due to buyer interest in the stock. Without volume support the trend.
The candlestick has yet to indicate any significant price movement toward the next price resistance which is the MA13 line.
Let's save KAB in WL and watch out when the MA10 line cross-up the MA13 line or the price closed above the MA13 line.
R 0.420
S 0.375
An Uptrend Pattern!The candlestick pattern indicates a continuous price uptrend towards the MA20 line backed with high volume.
Precaution because the last candlestick indicates a "shooting star" candle, hence, the probability of price correction between the trendline channel or potential resistance area around the price range of the candle.
The MACD confirms the price uptrend towards the next price resistance.
The RSI indicates a fresh buying interest in the stock.
Let's put KAB in WL and watch out for continuous price movement toward the next price resistance backed with volume.
R 0.470
S 0.425
A Breakout Signal!A significant price movement with a higher volume where the candlestick crosses over the MA20 indicates a breakout signal from the price trendline view.
MACD and OBV indicators indicate a divergence signal which supports the uptrend momentum uptrend.
Trade with precaution because RSI indexes are above 70, therefore, indicates that KAB is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price between 10% - 20% from the recent peak.
Let's save KAB in WL and watch out for significant price movement with volume.
R 0.495
S 0.390
<TradeVSA> Daily Stock Ideas - KABSign of Strength in the chart:
1. Green Pentagon Bullish signal
2. Market Stages with Pullback
3. Pullback with Spring and NS
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
A Breakout Signal!A significant price movement with higher volume indicates a breakout signal from the price trendline view.
MACD and OBV indicators indicate a positive momentum uptrend.
Trade with precaution because RSI >70, therefore, is currently already overbought.
Let save KAB in WL and watch out for significant price movement with volume.
R 0.370
S 0.255
KAB - Price consolidation after 1 month sell down periodObservation
Price movement is sideways, in the zone of 0.39 to 0.41.
MACD is crossing up - bullish potential
MACD bullish divergence pattern is formed
Estimate that the EMA 9 will cross up within 1 - 2 weeks to create a bullish pattern
Supports - 0.40 / 0.37
TP - 0.43 / 0.46 / 0.53 / 0.57 / 0.61
Potential threats
Private placement of 169,180,000 is under process. On 1 Sept, 32.5 Mil shares (20% ) was fixed at 0.40 / share. Could there be further selling pressure to reduce the VWAP to get a more favorable private placement pricing
Potential benefit
Price of 0.395 - 0.40 is as bad as it was when Covid crash occur in 2020
Company revenue has been increasing, although profit is showing declining trend
Engineering, construction related stock, which is anticipated to benefit when the Construction sector play kicks in, usually after budget tabling on 7 October.
My estimation, will reach back 0.57 - 0.61 within next Q (Dec 2021)
KAB : Gaps & V Bottom patternJust a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
KAB : Gaps & V Bottom patternJust a prediction, traders may look for additional confirmation.
Disclaimer
Any information contained in this page should be considered as general information, research and learning only. I am not responsible for any actions and decisions made based on the information from this page. Thank you
#TAYOR
ideas regarding KABKAB was a good counter from my view.
Their true value is reflacted on the trendline i draw. many time rebound on it.
previously when it hit this trendline it seem have strong Buy after that.
keep watch, if break the trandline support, do remember to CL.
So far, it was fail to start new cycle of Eliot wave after the previous EW was ended at wave 5.
but really this is good and healthy counter because the value was OVERALL UPTREND
do share your idea on comment
KAB - Volume Profile AnalysisKAB seems like having hard time to break @ 0.895 (high volume node becomes resistance)
Potential buy on dip @ 0.755 (high volume node becomes support + mini volume profile point of control)
Disclaimer:
This is inteded to be used and must be used for technical analysis education purposes only. Trade at your own risk.
KAB - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
NO 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 charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
KAB, higher low chartAwaiting the timing.
If you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Disclaimer: I am not Investment guru. Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades.
KAB Jangka Masa PendekJangka Masa Pendek
Sektor: Industri Produk & Servis --- Kejuruteraan mekanikal & elektrik untuk bangunan2 komersial & perumahan, penyelengaraan dll.
Trend: Breakout 3 harga resistance lama sebelumnya
Candlestick terakhir: Shooting Star
Cara analisis:
Buat Market Structure High & Low ----> Support & Resistance sebanyak mungkin ikut sejarah chart
Garisan biru = S&R lebih dari 1 tahun (lama)
Garisan merah = S&R 1 tahun
Garisan pink = Harga lahir
Garisan hijau = Support terkini
Garisan neon = S &R TF 15
Tetapan Indicator
Stoch RSI: Overbought
Zig Zag – untuk High & Low
Volume (5)
Fibo
Strategi: Sekiranya harga buka esok (25/6) atas daripada harga tutup harini, boleh entry.
Sekiranya harga buka esok (25/6) buka rendah daripada harga semalam, monitor harga untuk rebounce di Fibo 0.618 atau support2 sebelumnya dalam TF kecil.
EP: 0.93 atau tunggu retracement pada 0.92/0.91/0.895/0.860
Support: 0.925
CL: 0.92 (0.5 bid bawah daripada support)
TP: 0.940/0.950/0.960/0.985/1.00
Nota:
Pembetulan harga mungkin akan berlaku sebab harga sudah terlalu tinggi untuk harian.
FA syarikat tak bagus = Overvalued
KAB - You Should Start to AvoidKAB
Trend: Bullish
Rst: 1.03
Spp: 0.905
You may want to start avoiding this stock even every metrics seem highly positive now - Widening BB, MACD bullish crossover. Yes, of course the stock may make false breakout above psychological resistance at 1.00. But the serious worrying signal I see now is RSI quadruple bearish divergence signal. Stay away.
The Art of Cornerning, how Sharks workI love my own Malaysian market because it is easy to see how "Sharks" and "Whales" operates.
It is so easy and blatant. Yet, people believe that markets are rationale and supply demand. Nope, MAJORITY of markets are MANIPULATED by whales/sharks.
How do you know that?
Look at this stock as an example. The stock just went up 1000% in few months.
And then we had the coronavirus thing, where majority of stocks sold off and then recover. But that behavior is NOT PRESENT here, what does it means? It means that whales and sharks are 100% in control of the stock, 100% control.
They have decided to shrug off the corona virus and maintain the price that this current level.
What is their next action? I don't know and I don't care, ask them. Don't ask me.
But if you are naive retail investors, you better know this stuff or else you will end up being bag holders and suffer ultimate permanent loss.
Which means that this stock can anytime drop 90% and that's the end of this pump. If I have bought at cheaper price, I will be selling as this thing goes up and up. Eventually, the musical chair will end and it might end badly, or maybe not. I don't know. But nobody in their right mind will put all their life savings in penny stocks.
Regards.