OVH buy signal based on MRV1 setup on 2 Jan 24 at RM0.225
- This is actually a repeated signal, as it was previously triggered on 14 Dec 2023 at a similar price of RM0.220.
- Although the support area could be higher, I would set the stop loss to RM0.195 to avoid having a stop that’s too tight.
- The target price is RM0.270. To maintain a risk/reward
−0.015 MYR
3.50 M MYR
169.69 M MYR
About OCEAN VANTAGE HOLDINGS BERHAD
Sector
Industry
CEO
Willie Ho Huat Voon
Website
Headquarters
Bandar Baru Permyjaya
Founded
2018
ISIN
MYQ0220OO002
FIGI
BBG00VSV6ZQ0
Ocean Vantage Holdings Bhd. is an investment company, which engages in the provision of support services for the oil and gas industry, primarily focusing on upstream oilfield services. It operates through the following segments: Engineering, Procurement and Construction and Project Management, Supply of Manpower, Supply of Materials, Tools and Equipment, and Drilling Rig Charter Services. The Engineering, Procurement and Construction and Project Management segment provides engineering and project management, procurement as well as construction activities for customers. The Supply of Manpower segment offers manpower supply services for the oil and gas industry. The Supply of Materials, Tools and Equipment segment supplies materials, tools and equipment such as blasting and painting supplies, steel profiles and plates, non-steel materials, welding gases and related consumables. The Drilling Rig Charter Services segment comprises of the provision of drill ships, semi-submersibles, and jack-up drilling rigs. The company was founded by Kenny Ronald Ngalin on October 10, 2018 and is headquartered in Bandar Baru Permyjaya, Malaysia.
OVH trendlineTrendline Breakout: OVH has recently broken out of its downward trendline, which is a bullish signal. This indicates that the selling pressure has weakened and buyers are gaining control.
Higher Lows: The stock has formed a series of higher lows, suggesting that the downward momentum is slowing dow
<TradeVSA> Shakeout Completed in OVHSign of Strength in the chart:
1. Shakeout Pattern
2. Green Pentagon Bullish Signal
3. Healthy Pullback
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
OVH - Newcomer "jewel" for Oil and GasEntry Strategy:
1) Less risk entry in the marked zone. Cl set below 0.34.
Chart:
1) Price bounced temporary when in the zone.
2) Possible base rejection is seen.
3) Huge win/loss ratio.
Sentiment:
1) Oil and gas - energy sector recovery
2) Crude oil price in bullish mode
I am nubis, i a
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of OVH is 0.165 MYR — it has decreased by −2.94% in the past 24 hours. Watch OCEAN VANTAGE HOLDINGS BERHAD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange OCEAN VANTAGE HOLDINGS BERHAD stocks are traded under the ticker OVH.
OVH stock has fallen by −8.33% compared to the previous week, the month change is a −17.50% fall, over the last year OCEAN VANTAGE HOLDINGS BERHAD has showed a −28.26% decrease.
OVH stock is 3.03% volatile and has beta coefficient of 0.60. Track OCEAN VANTAGE HOLDINGS BERHAD stock price on the chart and check out the list of the most volatile stocks — is OCEAN VANTAGE HOLDINGS BERHAD there?
Today OCEAN VANTAGE HOLDINGS BERHAD has the market capitalization of 71.39 M, it has decreased by −2.86% over the last week.
Yes, you can track OCEAN VANTAGE HOLDINGS BERHAD financials in yearly and quarterly reports right on TradingView.
OVH net income for the last quarter is −1.23 M MYR, while the quarter before that showed −888.00 K MYR of net income which accounts for −38.06% change. Track more OCEAN VANTAGE HOLDINGS BERHAD financial stats to get the full picture.
No, OVH doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OCEAN VANTAGE HOLDINGS BERHAD EBITDA is −8.28 M MYR, and current EBITDA margin is 2.10%. See more stats in OCEAN VANTAGE HOLDINGS BERHAD financial statements.
Like other stocks, OVH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OCEAN VANTAGE HOLDINGS BERHAD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OCEAN VANTAGE HOLDINGS BERHAD technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OCEAN VANTAGE HOLDINGS BERHAD stock shows the sell signal. See more of OCEAN VANTAGE HOLDINGS BERHAD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.