LMTAN

LMTAN

Technical Analysis I think the right question to ask right now is has Top Gloves rebounded? From chart perspective wise, I believe Top Glove has huge momentum upcoming week, it is going to break above MYR 7.00 We could see further downside pressure if big RSS continues therefore cut loss is important, however i do believed RSS will hugely reduced, and Uptrend...

LMTAN

First I always look at the chart first, identify which market structure we are in? Personally, I look at Layhong now currently breaking below MA 200, will head to around MYR 0.28 Support area . Myr 0.28 Support area for Jaks will be a lower downside risks investment. Currently not suitable for entry while we continue to monitor. Momentum indicator also...

LMTAN

First I always look at the chart first, identify which market structure we are in? Personally, I look at Jaks now currently breaking below EMA 20, while hovering around EMA 70, if broken it will head to around MYR 0.56 Support area. Myr 0.56 Support area for Jaks will be a lower downside risks investment. Currently not suitable for entry while we continue to...

LMTAN

The idea of swing trading is to capture ‘one move’ in the markets before the price reverse against you. This is done by entering your trades from an area of value and exiting it before opposing pressure steps in. Swing Trading Checklist : 1. Are you entering from an area of value? a. SCGM : YES (Major Support Area ) 2. Do you have a valid entry trigger? a....

LMTAN

Ekovest Monitor for Swing Trade Entry Position, Good Entry Point at 0.465 - 0.455. Good Risk-to-Reward Ratio

LMTAN

First I always look at the chart first, identify which market structure we are in? Personally, I look at Carlsberg now currently breaking below EMA 20, while hovering around EMA 70, if broken it will head to around MYR 20 area. Myr 20 area for Carlsberg will be a lower downside risks investment. Currently not suitable for entry while we continue to monitor. I...

LMTAN

Fundamentally : For Gloves Sector, Kossan we look at previous historical PE 2015 PE : 29.37 2016 PE : 25.03 2017 PE : 28.42 2018 PE : 27.63 2019 PE : 23.68 2020 FPE (Forward PE) prediction is roughly 6, current PE at 17. No doubt, fundamentally at this price, and upcoming 2-3 quarters of expected breaking historical highs PAT for Kossan. The risks to reward...

LMTAN

Followed up to my Post on 28th Dec 2020 regarding on Riverstones, my views and ideas on it. Fundamental Analysis Upcoming 2 quarters should still deliver record high profits. High Fair Value price given by Analyst : 1) CGS-CIMB : 2.500 2) DBS-RESEARCH : 2.030 3) RHB INVEST : 2.730 4) UOB KAH HIAN : 2.990 Technical Analysis Mentioned Strong Support at around...

LMTAN

CIMB Neutral, Need to Observe if Break EMA 20, Profit Taking

LMTAN

Swing Trading Kossan The idea of swing trading is to capture ‘one move’ in the markets before the price reverse against you. This is done by entering your trades from an area of value and exiting it before opposing pressure steps in. Swing Trading Checklist : 1. Are you entering from an area of value? a. Kossan : YES (Major Support Area) 2. Do you have a...

LMTAN

Carlsberg Stock Analysis First I always look at the chart first, identify which market structure we are in? Personally, I look at Carlsberg now currently heading into Advancing Stage Share Price rise above EMA 20 & 50. Personally will wait for the next retracement towards EMA20 for entry, as well as draw Support & Resistance Line to setup Cut Loss Point when...

LMTAN

MFCB Stock Analysis First I always look at the chart first, identify which market structure we are in? There is 4 stages in the market, Accumulation stage, Advancing Stage, Distribution Stage & Declining Stage. Personally, I look at MFCB now currently from distribution stage heading into declining stage. Share Price at the same time dropped bellow EMA 20 & 70,...

LMTAN

Fundamental Analysis Upcoming 2 quarters should still deliver record high profits. High Fair Value price given by Analyst : 1) CGS-CIMB : 2.500 2) DBS-RESEARCH : 2.030 3) RHB INVEST : 2.730 4) UOB KAH HIAN : 2.990 Technical Analysis I think the right question to ask right now is has Riverstone bottomed? From chart perspective wise, I believe Top Glove has...

LMTAN

Technical Analysis I think the right question to ask right now is has Top Gloves bottomed? From chart perspective wise, I believe Top Glove has hit major Support Area 6.11 - 6.40. I would like to treat Support/Resistance as an Area rather than a Line. We could see further downside pressure if it breaks therefore cut loss is important. I used Low of the Strong...