Share price has been stable over the past 3 months. Petra Energy Berhad, an investment holding company, provides a range of integrated brownfield services and products for the upstream oil and gas industry in Malaysia. It operates through Services, Marine Assets, and Development and Production segments. The company offers maintenance hook-up construction and...
This makes us wonder what the fourth quarter results will be like, considering the company already did so well under challenging conditions. Based on notes to Bursa Malaysia, the management of Dancomech seem pretty confident with the company's ability to maintain this momentum. Management said that the good results were helped by MTL (the newly acquired 70%-owned...
About more than 30 days of sideway trend, QUALITY price movement has impulsively increase intermittently about +28.6% from recent price breakout early November. In advance noted this current changes in short until mid December,2020 TP1 : 70% of MYR1.15 Buy.UP areas: MYR 0.9 ,MYR 0.105 SL1: 25% of least MYR 0.875
After long retracement period, SERBADK successfully outcome price breakout. In addition, price movement increase by +0.59%. Take note: Watch lines at - Resistance 1: MYR 1.84 -Resistance 2: MYR 1.77 -Support 2: MYR 1.61 -Support 1: MYR1.49 Take Profit estimation -TP2 : 65% of est at MYR 1.76 -TP1: 27% of est at MYR 1.715 As if price movement is in reverse, bare...
Price stabilizing at support S1, 0.605. with +4.8% rebound at 0.66, 0.78 and 0.68 will cause for 3 times TP if possible.
It has been trading above upward slopping 20-MA which giving good sign. In addition, there will be a short term retracement due to overbought condition which is lead to bearishness of current price.
As of 20 November, 2020, LBICAP has been strong uptrend as suggested by the upward sloping 20 and 50 MA. However, we have to be careful as the recent price action broke the support level. This breakout accompanied by higher than average trade volume which shows bearishness of the trader to push the price lower an past this support hence pointing to a higher...
AMTEL has been trading above its upward sloping MA-20 which giving a good sign. In addition, the price just broke the resistance of 0.143 reinforce the bullishness in recent price movement. This breakout was accompanied by higher than average trade volume show the enthusiasm of trader to push the price higher and past the resistance successfully.
SRIDGE bas been trading above its upward sloping for MA-20 which give us good sign. Furthermore, the next resistance level will be quite far at 0.49
DAYA is trading at its support of 0.01 and it is important to monitor the price volume action near to this 0.01 level whether support level is to hold
SERSOL has been trading above its upward sloping MA 20 which giving a good sign. In addition, the price just broke resistance of 0.195 reinforcing a bullishness in recent price movement. This breakout was accompanied by higher than average trade volume which show enthusiasm of trader to push price higher and past the resistance hence giving a successful breakout
The support and resistance level of FINTEC are 0.085 and 0.11 respectively observed that MACD line of FINTEC is below the centreline indicating some degree of weakness in price movement