MYEG 21/11/2018HARGA MASIH TEPAT TEPAT BERADA DI ZON HARGA TERENDAH. MASIH DAPAT BERTAHAN. GAMBAR RAJAH MENUNJUKKAN SAHAM AKAN BERGERAK KEBAWAH JIKA TIDAK DAPAT BERTAHAN HARGA TERSEBUT. KITA AKAN CUBA PAKAI STRATEGI (BOD). HATI HATI UNTUK SAHAM INI KERANA HIGH RISK ( BERKAIT RAPAT DAN SENSITIF TERHADAP POLITIK)
MYEG trade ideas
MYEG - Result Play MYEG price got walloped down big time. Company and directors are buying back share since the court case fiasco. 0.960 would be a great point to enter, but it seems to respect the month range at 1.050 and not breaking down yet. Might worth trying long for a bit, having 1.25 as first TP price. Price wouldn't go so far as the company is still doing share buy back at the moment. Results coming out this week. DYDD
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DISCLAIMER
This presentation solely meant for information purpose and does not constitute as investment advice. We may or We may not take the trade that we presented. All estimates, projections, forecasts, expressions of opinion and other subjective judgments contained in the presentation are based on assumptions that considered to be reasonable. We are not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Advance Exit Signal in Hourly Chart - MY E.G. (0138.KL)
A timely exit strategy for your trades are as important as your entry strategy. Exit strategy is extremely important in that they assist you with overcoming emotion and reducing risk in trading. Hourly chart can be useful to detect the Hidden Potential Selling once the stock is rally in the Mark-Up stage. Below are the few examples in MY E.G, hourly chart:
1. Mark-Up stage with price increased almost 48% since buy signal
2. Price unable to break above RM1.81
3. Sign of Weakness (UT) at resistance level in the hourly chart indicates smart money start to distribute
4. 2 exit signals based on hourly chart after the Sign of Weakness
a. Red HeatZone on 27.09.18, 10am - RM1.76
b. ATR Stop Loss on 27.09.18, 12pm - RM1.73
The weakness and distribution is further been confirmed in hourly chart with 2 Sell Off bar on 2 & 3 October 2018.
Hidden Potential Buying - MY E.G. (0138.KL)
Here are some clues to spot hidden potential buying from Smart Money based on Volume Spread Analysis:
1. 2 months of Accumulation (Stage 1) after a massive sell off on 17 May 2018
2. Well supported with lots of narrow bar and low volume
3. Re-accumulation happened from July to August with narrow bar and low volume
4. Sign of Strength such as Spring, Line Change and Cluster of Closes are spotted on the support level
DAGANGAN JANGKA PENDEK - MYEG - BUY ON BREAKOUT (BOB)MYEG sebuah syarikat teknologi yang stabil mempunyai keuntungan positif.
harga saham syarikat bergerak melepasi harga tertinggi sebelum ini (previous high) pada 1.04 dan juga telah melepasi uptrend channel (garisan biru sebelah atas), berkemungkinan menuju ke arah R1 (garisan hijau). Kadar belian meningkat berbanding hari sebelumnya dengan kadar belian sebanyak 54% (maklumat dari platform broker). Bollinger band sedang mengembang selepas mengecut (Squeeze) menandakan kekuatan trend tersebut.
Jika harga bergerak melepasi S1, jual dahulu (cutloss) untuk melindungi modal anda dari kerugian yang lebih banyak.
MYEG - Still Have Room For Downside, Before ReversalLaburlah Technical Coverage (17-MAY, Thursday):
MYEG
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. MACD: Bearish
4. Resistance level: 1.45
5. Support level: 1.14
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
MYEG - Hanging Around Risky ZoneLaburlah Technical Coverage (11-APR, Wednesday):
MYEG
Technical Analysis Breakdown
1. Trend: Mild bear
2. Remarks: Broke immediate support @ MA50
3. MACD: Bearish crossover
4. RSI & Stochastic: Bearish
5. Selling pressure: Intensifying
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
0138 MYEG Ada potensi untuk BUY di kaunter MYEG, tapi saya akan membeli di next swing low so saya jangkakan price akan jatuh sedikit tapi hingga ke level support 2.570 sahaja. Price berpotensi untuk naik lebih tinggi mungkin ke level 2.800. Dengan sentiment pilihan raya yang akan datang, saya jangkakan price boleh terus naik lagi kehadapan.