TRIMODE trade ideas
TRIMODEThis stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price.
This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum.
The share price may move up or down from this point. Note also that momentum generally only persists for a short period of time.
However, this stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.
Short-term view on Tri-mode system (M) Bhd Really outstanding counter that break all time high during weak market sentiment on Friday (25/06/2021)
Heavy collection at RM0.50 price range.
Proper set up before break new high, high price shaking done on 24/06/2021
another big rally expected to happen soon.
Best entry price should be : RM 0.64
Investors who missed the opportunity should wait another proper price set up instead of chasing high.
Price is considered quite high and risky.