We have recommend that Construction stock is the strongest among all on 28th May and show rebound signal. It's a successful trading result for us again as it has rebound from 191.81 since we called it to highest of 215.13 But today we saw weakness as it failed to break new high and form a evening star chart pattern. In overall the index has rebound for...
The stock market has been retrace for approximately 1 month which equal to 4 weeks. Today construction showing a strong rebound (2%) among all sector. Besides, the construction sector is the one of the strong sector which is still stand on top of MA 200. But short term wise it has drop below MA 20 which show weakness in short term. On the good side, the...
Lii Hen is one of the famous furniture counter in Malaysia Stock Market who has just breakout from a 1.5 years downtrend line since 2017 which has just posted a good result. Besides the breakout from the technical analysis we could see that from the fundamental point of view the company performance is pretty convincing as well. Market Capital : 534m ROE :...
FBM Small Cap is always our best indicator to track the overall market performance and benchmark. We have let our readers knew that we have took profit on 26th April for all our short term position and remain our long term position. The reason we exit was due to the forming of Bearish Engulfing candle on the closing of 26th April and we would never expect the...
As some of us might know gold is one of the safe heaven to escape when the stock market is going down. Besides the direction of Gold is highly affected by the USD dollar as well. With the stock market tide has turn from an uptrend to down trend we can see gold form an inverse head and shoulder breakout. Besides by looking at the 4 hours chart, gold price has went...
Those who have been follow us closely would know that FBM Small Cap is always the indicator we used to enter and exit for Malaysia Stock Market Last Thursday we have alert our readers on the buying signal on the hammer formation after a 5 days red streak. And our trading strategy is always to out perform the market. After a 6 days green streak, finally we see...
FBM KLCI has been reaching it record low in 2019 while the FBM small cap has been been on a small up trend. The main reason where KLCI has been dropping tremendously was due to the crash of the banking sector due to the estimated interest rate drop in the future Therefore the money has been float out from both banking sector and Malaysia and RM has been weakening...
Gadang might be one of the company that might be benefit if Malaysia government is to reactive all the construction project which has been on hold previously. The charting for Gadang holding is currently forming a up trend parallel channel since the beginning of 2019 It might be a good opportunities for the traders to collect on the bottom channel and sell on the...
Genting Malaysia is the one and only listed company in Bursa Malaysia has the casino license. It has been dropping from the peak for more than 50% If we are looking from Elliott Waves of view , it has a good chance that the stock has already reached it bottom. And Wave 1 has already been completed from 2.7 to 3.5 Currently we could expect that wave 2...
JHM consolidation is one of the dark horses technology stock listed in Bursa Malaysia which involved in the semiconductors industry (LED Component) Charting wise it is forming a break out from Head & Shoulder Pattern at 1.23 and giving a TP of 1.69. On friday the share price surge for approximately 5% and close at current years peak which is 1.34 With the support...
FBM Small Cap Index is one of the best index to track if you are following Malaysia stock market As it represent more stock compare to FBM KLCI therefore the accuracy will be higher Therefore we highly encourage traders to trade based Small Cap Index instead of KLCI as it provide more accuracy In the chart we can see that the index is having very good uptrend as...