Many gurus & group have already done their analysis on the future prospects of the company so let's talk about the technical part of the share movement of the company for the past 8 months. From 0.20 to highest 1.05 in just 2 months with return of approx 450% during early of the year 2021, I believe many investors and traders have benefited from the drastic share...
Since last year we've seen tech rallies for many tech counters such as UWC, Greatech, Inari, MI, Penta and etc and most of it have achieved more than 100% of ROI if you bought it in early of 2020. The share price have been soared to so high to reflect the current earnings and attractive future prospects in semiconductor industry. If you are still looking for...
Strategy - Price entry at 1.36 with Stop Loss set at 1.165. - Resistance at 1.50. - 1st TP at 1.50, 2nd TP at 1.65, 3rd TP at 2.05. Technical Analysis - Current price moved at above 25 & 50 Moving Average which also serves as the support level. - 1st Southern Doji formed on 14 May 2020. Morning Doji Star also formed for these 3 days. - 2nd Southern Doji formed...
Strategy -Short Term Trade. -Price entry at 2.32 or below with Stop Loss set at 2.15. -Attractive Risk Reward. -Malaysia MCO expected to end on 09th June 2020. -Prime Minister expected to announce the by coming week (1st week of June). -Genting Malaysia expected to reopen its business upon announcement by PM. -Details of MCO announcement whether it allow to...
Strategy -Price entry at 0.38 or below with stop loss about 0.32. Technical Analysis -25 Moving Average crossed 50 & 200 Moving Average. -50 Moving Average almost cross 200 Moving Average. -Quarter Result released on 27th May 2020 and the result was below market expectation resulted in gap down in following trading day. However, the market didn't went into...
-Entry price at 0.935 with stop loss set at 0.80. -Attractive risk reward. -Market Sentiment of Medical and Glove counters are in hot demand. -Trailing stop to capture the trend. -PPE business with high demand during Covid-19 outbreak. -Expected better QR in Q2 with PPE business come in after middle of March 2020 during the sudden increase of covid-19 case in Malaysia.