MESTRON potential cup and handle formation break out. Recent immediate down trendline break with volume. Current price at 0.215 surfing downtrend line. Breakout from 0.230 indicates bullish momentum. MESTRON has a good business model with profitable YoY profits. Recently announced QR profit RM3.1 mil with dividen RM0.0015/share Good prospect in Construction,...
SMETRIC Recenty had a break out from its down trend since end of 2019. Seems like it also tested the down trend line with a good rebound. EMA50 and EMA200 crossing is nearing and weekly chart shows potential breakout from ichimoku cloud. Currently at support 0.16 with next support at 0.15. Needs to break 0.17 & 0.18 level to make it more interesting.
QES might be looking at attempting to break its immediate down trend line. Strong resistance at 0.325/0.340 If it moves towards 0.370 and breaks past, it might be forming a complete cup and handle.
YBS has just had a downtrend line breakout and is currently at support 0.205. If it manages to break this level it might retest 0.250. Above 0.250, things might get even more interesting. Breach from this support might see YBS testing the down trend line again with support at 0.195.
TECHNAX look out for triangle breakout. BO in the upward direction might test the downtrend line marked in red. TECHNA-X previously known as HUAAN has been cleaning up their portfolio and focused into several key ventures - F&B, Technology and Energy Storage - Super Capacitors. A good long term postive outlook but it might take some time to get there. For the near...
MYX:DPS has developed a breakaway gap, If it can further defend the gap well & break past the RM0.14 mark, an upside is expected towards RM0.165/0.185. Current price approaching support at EMA50. Strong support at the base of the gap - RM0.120
ORION has been sleeping for quite some time. ORION is actively involve in FINTECH through their AI based credit rating. In 2019 they already had an MOU with SME bank with plans to expand to Indonesia market. They already have a 15 year contract with Angkasa that should provide good recurring income and recently there was a supplemental agreement. Though alll the...