DUFU - CURRENT PRICE : RM1.33 DUFU is in a downtrend as the highs and lows are getting lower since JULY 2024. However, I expect that the bottom may reached since there was a small spinning tops candle appear after a large bearish candle. This spinning tops candle session was traded in high volume indicating that buyers are strong enough to overcome selling...
CMSB - CURRENT PRICE : RM1.10 CMSB had broken down trendline on high trading volume - indicating strong buying interest. This is possible beginning of trend changing from downtrend to uptrend. Furthermore, the reading in RSI crosses above 50 added more bullish outlook for this stock. Technically i would buy on this breakout point as it suggest an attractive RISK...
GADANG - CURRENT PRICE : RM0.355 GADANG is changing trend from sideways to UPTREND. Take note that the high is getting higher and the low is getting higher. The stock is BULLISH based on ICHIMOKU CLOUD because : i) CHIKOU SPAN is above candlestick ii) Price is above CLOUD iii) CHIKOU SPAN is above CLOUD iv) There is a bullish crossover (TENKAN SEN crosses up...
NATGATE - CURRENT PRICE : RM1.79 On 02 August 2024, the stock made a FALLING WINDOW . The selling pressure continues until price starts to stabilize and create a double bottom support level near RM1.65 - 1.68. On 29 October 2024, the share price closes above the top of FALLING WINDOW resistance level indicates strong bullish momentum. At the same time, the...
AUMAS - Current price : RM0.890 AUMAS is bullish as the share price is above 50-day EMA. Note that the price breakout ICHIMOKU CLOUD on 31 JANUARY 2025 with high trading volume. Gold future price surge to new high due to uncertainty and weak global sentiment. AUMAS is engages in gold mining business in Malaysia. The share price have a positive corelation with...
MAHSING - CURRENT PRICE : RM1.81 MAHSING is bullish as the share price is above 50 and 200 days EMAs. After declining for two days, today the stock made a bullish hammer candlestick. This scenario may indicate that potential bottom had reached. Aggresive trader may decide to buy on this hammer candle. ENTRY PRICE : RM1.79 - RM1.81 TARGET PRICE : RM1.92 SUPPORT...
CORAZA - CURRENT PRICE : RM0.570 On 27 NOVEMBER 2024, an extended long white real body candlestick gapped higher on the opening and closed at near the session's high. This tall white candle confirmed an important breakout from down trendline. Then the stock continue its upside movement. On 31 DECEMBER 2024, the stock hit intraday high at RM0.575 and closed...
UEMS - Current price : RM1.08 Fundamentally broker house RHB Investment BHD give a target price of RM1.60 (19 OCT 2024 reports). The research house expect demand for property will continue to be driven by : i) Better economic growth outlook, ii) Influx of foreign and domestic direct investments iii) Return of tourist arrivals iv) Easing of the Malaysia...
SENDAI - CURRENT PRICE : RM0.570 SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart. i) The share price manage to breakout 50-day EMA ii) Price bounce...
EG INDUSTRIES - CURRENT PRICE : RM2.03 In long term the stock is UPTREND as the share price is above 200-day EMA. For short and medium term, the stock is trading in sideways. However, based on chart pattern analysis, the stock is potential of making BULLISH ASCENDING TRIANGLE - Bullish Continuation Pattern . Based on ICHIMOKU CLOUD, the share price is trading...
CHGP - Current Price : RM2.27 CHGP is bullish as the price is above 50 & 200 days EMA . It is currently forming a Bullish Pennant Pattern. Chart Pattern traders may wait for a valid BREAKOUT this pattern to trigger a buy signal. Based on ICHIMOKU CHART, the stock made a breakout above CLOUD on 22 OCT 2024 which provides a buy signal. CHIKOU SPAN already moving...
PERDANA - Current price : RM0.285 PERDANA is bearish in technical view as the price is below 50 and 200 days EMA. Yesterday 20 November 2024, the company posts stronger 3Q Profit and Revenue. Revenue rose 23% to RM127.25 million, with third-party vessel contributions increasing 27%. Net profit jumped 232% YoY to RM75.80 million, supported by higher vessel...
GREATEC - CURRENT PRICE : RM2.37 After reach the bottom with a bullish HAMMER CANDLESTICK on 16 OCT 2024, the stock broke out of its downtrend in mid October and is building on a trend reversal, suggesting a bullish bias may be emerging. Based on chart pattern analysis, we can see that there is a DOUBLE BOTTOM pattern. The downward movement from 12 July 2024...
PMBTECH - Current Price : RM1.93 PMBTECH may had reached bottom as we can see in chart there is BULLISH DIVERGENCE in stochastic oscillator. Furthermore, the low is getting higher than previous low indicates some bullish scenario. In addition, based on ICHIMOKU CHARTS, CHIKOU SPAN manage to climb up above LEADING SPAN 1 (but still below LEADING SPAN 2 - means...
SP SETIA - Current Price : RM1.40 The stock is currently trading in sideways range. However, i considered it have a potential to UPSIDE movement as the price made a rebound yesterday after touching the 50-day EMA and price is also trading above ICHIMOKU CLOUD. Supported by technical indicator in RSI above 50 (bullish) and stochastic oscillator at oversold...
EUPE just announce a profitable QR on 18 OCT 2024. And the prospect looks good. Technically , if price breakout RM1.16 , it will trigger a buy signal (ENTRY PRICE : RM1.17) and short term target will be RM1.25 - RM1.26
CAPITAL A - Current price RM1.00 The stock is UPTREND because : i) Price is above EMA 50 & 200 ii) Price is above ICHIMOKU CLOUD iii) The high is getting higher and the low is getting higher Based on ICHIMOKU CHART technique, today price made a breakout above CHIKOU SPAN resistance (RM0.990 - light blue resistance line).Technically it is a buy signal. Price...
ORGABIO - Current price RM0.375 An analysis on price action without using any indicator. On 21 May 2024 the stock made a significant Rising Window (Breakaway Gap) and closed at RM0.405. From there, the share price made a rally until 11 July 2024, hit an intraday high at RM0.520 (surge 28% from RM0.405) and closed at RM0.475 - lower than previous session...