RLOur algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend.
💡Trading idea dan plan:
✅Entry: 0.33
🛑Stop Loss @SL: 0.29
🎯Target Price @TP1: 0.37
🎯Target Price @TP2: 0.415
🎉Target Price @TP3: 0.455
(This trading plan is for reference only and may vary based on your entry point and risk tolerance.)
Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk management. Having a solid trading plan and proper position sizing are crucial for maintaining the right trading psychology. Master your risk management and stick to your plan.
Happy trading!
NATGATEOur algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend.
💡Trading idea dan plan:
✅Entry: 2.14
🛑Stop Loss @SL: 1.85
🎯Target Price @TP1: 2.40
🎯Target Price @TP2: 2.70
🎉Target Price @TP3: 3.00
(This trading plan is for reference only and may vary based on your entry point and risk tolerance.)
Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk management. Having a solid trading plan and proper position sizing are crucial for maintaining the right trading psychology. Master your risk management and stick to your plan.
Happy trading!
SNSOur algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend.
💡Trading idea dan plan:
✅Entry: 0.545
🛑Stop Loss @SL: 0.445
🎯Target Price @TP1: 0.675
🎯Target Price @TP2: 0.775
🎉Target Price @TP3: 0.875
(This trading plan is for reference only and may vary based on your entry point and risk tolerance.)
Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk management. Having a solid trading plan and proper position sizing are crucial for maintaining the right trading psychology. Master your risk management and stick to your plan.
Happy trading!
PESONAOur algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend.
💡Trading idea dan plan:
✅Entry: 0.275
🛑Stop Loss @SL: 0.22
🎯Target Price @TP1: 0.33
🎯Target Price @TP2: 0.385
🎉Target Price @TP3: 0.44
(This trading plan is for reference only and may vary based on your entry point and risk tolerance.)
Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk management. Having a solid trading plan and proper position sizing are crucial for maintaining the right trading psychology. Master your risk management and stick to your plan.
Happy trading!
JTIASA - Looking for strong bullish continuationEntry & exit strategy setup.
Watch for pullback until entry zone Fib line 0.382 - 0.5.
Strong resistance at 1.33.
The price is well above the Kumo, indicating a strong bullish trend.
The Tenkan-sen is above the Kijun-sen, confirming bullish momentum.
The Chikou Span is above the price, indicating no immediate resistance from past price levels.
Volume: Recent breakout above 1.30 was accompanied by a volume surge, confirming strong buying interest.
Trend Strength: The bullish trend is strong, with higher highs and higher lows forming.
Breakouts or pullbacks must be confirmed by higher-than-average volume.
A breakout with low volume may indicate a false move.
The Kijun-sen and Tenkan-sen should remain bullish for trend continuation.
Any significant bearish crossover may invalidate the trade idea.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
E&O - Looking for strong bullish sentimentP wave
The breakout point (Entry on B/O) is marked at 0.965, indicating the breakout from the P Wave.
Confirmed by the volume spikes, especially in the latest breakout, which indicates strong interest.
The price is above the Kumo, indicating bullish momentum.
Chikou Span is above the price, confirming bullish bias.
Tenkan-sen is above the Kijun-sen, further affirming bullish momentum.
Entry on breakout above 0.980 with close monitoring of volume to confirm the strength of the breakout.
Analyze the broader market sentiment or sectoral trends. Bullish sentiment will increase the likelihood of the breakout holding.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk
Simple13 Trading IdeaCurrent Price: RM 0.96
After previously breaking below the uptrend channel, the stock has shown resilience by rebounding back within the channel support. Despite heavy selling pressure over the past two weeks, the price has maintained a tight consolidation, indicating a potential rebound.
Trading Plan
Take Profit Area: RM 0.96 to RM 1.08 (within the upper range of the channel).
Entry Area: RM 0.96 to RM 0.925 (near the lower channel support).
Cut Loss: RM 0.90.
If the price drops below RM 0.90, it could signal a failure to hold the uptrend channel, and the pullback might go deeper than expected.
Summary
The stock shows positive signs of resilience within the uptrend channel, with consolidation forming a solid base for a potential rebound. If the price respects the channel support, it could offer a rewarding risk-to-reward setup.
Disclaimer: This post is for informational purposes only and not financial advice. Always perform your own analysis before making any trading decisions.
MYX:PANTECH
Systech, any reversal signal?
The chart displays a downward trend for SYSTECH. The stock price has been declining over the past few months, with a series of lower highs and lower lows.
* Resistance Levels: The stock has encountered resistance at the 0.400 and 0.350 levels, where it has struggled to break above. This indicates that there is significant selling pressure at these price points.
* Support Levels: The stock has found some support at the 0.250 level. However, it is important to note that this support level has been tested multiple times and may not hold in the future.
* Volume: The volume has been declining during the downtrend, which suggests that there is less interest from investors in the stock.
Potential Rebound or Continued Downward Trend:
Based on the current chart, it is difficult to predict a clear rebound. The stock may continue its downward trend if the current support levels break.
However, there are a few factors that could potentially lead to a rebound:
* News or Events: Positive news or events related to the company could trigger a buying interest and lead to a price increase.
* Technical Indicators: If technical indicators such as the Relative Strength Index (RSI) or Moving Averages start to show bullish signals, it could indicate a potential reversal.
* Market Sentiment: A change in market sentiment towards the stock could also lead to a rebound.
Important Considerations:
* It is important to note that technical analysis is just one tool and should not be used as the sole basis for investment decisions.
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
TH Plant - Wedge Breakout (A+ Swing Trade Setup)TH Plant Wedge Breakout (A+) - Swing trade
CP - Wedge Breakout
RSI > 50 (Rebound at 50 during Entry)
SCDMX - Red Candle 20% (Strong Institution influence)
AP - 1st Buy Signal
2nd Confluence (A+)
A+ Setup - Breakout on the 4th rebound point on the strong upward trendline
CD - Tweezer Bottom on the rebound point
Entry Price Close above 200SMA
tradingview.sweetlogin.com
EP - 0.675
TP - @ R0.715 / @R0.775 / TP @ 0.8 (XOX) / @ R0.840
SL - @0.61 (below previous low)
R:R - 1:2
Market Condition - KLCI is rebounding on 200SMA with Morning Star CD.
Bursa Plantation Index - Still Bullish with RSI > 50. But in Consolidation upon entry and rebound on closing.
FCPO Index - Bullish.
All the best guys. Will let you know the results.
GAMUDA GOING FOR MARK UPVery nice Re-Accmulation Pattern here
I have been actively Accmulating the share since MId September 2024 :
These are my list of Entry & Exit :
1st POE : 17/9/2024 (Black Arrow)
2nd POE : 9/10/2024 (Black Arrow)
-EXIT : 21/10/2024 (Red Arrow)
Re-Initiated PE :
1st : 22/10/2024 (Black Arrow, This time i went with Full Position)
2nd : 4/11/2024 (Blue Arrow, I went with Overweight Position)
Purely Wyckoff Entry, i always aiming for, a condition in which i am in Assymetrical Leverage
RAPID GIVE NICE SETUP AND VOLUME, GOOD TO HOLDThis Weekly FORECAST
Opportunity for RAPID. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
CHGP - Uptrend may EXTEND in near term ?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 above candlestick (which indicates a bullish scenario). At current moment, CHIKOU SPAN is inside the CLOUD and heading towards its resistance (LEADING SPAN 2 - the upper side of CLOUD). If the CHIKOU SPAN make a new high above the CLOUD, it will strengthen more the BULLISH outlook for this stock. As such, ICHIMOKU CHART traders may wait for the CHIKOU SPAN to break above the CLOUD to trigger a good buy signal.
Notes : CHIN HIN GROUP BERHAD is the largest shareholder of CHGP. Approximately holding 54.94% stake.
PERDANA - Buy on weakness and sell on rebound/strength ?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 utilisation and improved charter rates.
Today 21 November 2024, the stock opened gap up at RM0.310 (rose 8.77% from previous day closing price). The stock were traded between RM0.310 (high) and RM0.280 (low). Finally the stock closed at RM0.285 (unchange from yesterday closing price).
In view of Technical Indicator, there is no buy signal. But here i anticipate to buy at closing price RM0.285 because there is a psychology behind the share price movement. The share price made gap up on the morning session indicates there are some investors view this stock value to buy in higher price. However, the share price didn't sustain at high price and closed at lower indicates that the insiders have sold their shares as they bought early at discounts price.
As a trader, i will buy this stock for short term because once the selling pressure absorbed and become oversold, the stock may bounce and make a rebound to higher price. As such, i will buy at RM0.285 and target to sell at RM0.305 (one bid below today high - profit +7%). My support level will be RM0.270 (cutloss at RM0.265 - loss -7%). So the risk reward ratio will be 1:1.
ENTRY PRICE : RM0.285
TARGET : RM0.305 (+7%)
SUPPORT : RM0.270
CUTLOSS : RM0.265 (-7%)
Notes : The share price bounced at RM0.270 (support level) almost 10 times indicates that the support level is significant.
Simple13 Trading IdeaCurrent Price: RM 3.01
The latest earnings report for this stock is solid, but the absence of a gap-up at market opening suggests the result was already priced in or met investor expectations.
Fundamental Strength:
PE Ratio: Less than 10 (indicating undervaluation).
ROE: More than 10 (reflecting strong efficiency in generating returns).
These financial ratios highlight the company's solid fundamentals, making it a potential candidate for accumulation.
Trading Plan:
Take Profit Area: RM 3.01 to RM 3.60.
Entry Area: RM 3.01 to RM 2.90 (consider entering on pullbacks).
Cut Loss: RM 2.80.
If the price drops below RM 2.80, the pullback could be deeper than expected, likely falling below the 20 EMA, signaling a higher risk.
Summary:
The strong fundamentals make this stock attractive, while the lack of immediate price action post-earnings provides an opportunity for buyers to accumulate near support levels. Keep an eye on technical signals and manage risk appropriately.
Disclaimer: This is not financial advice and is for informational purposes only. Always do your own research before making any trading decisions.
MYX:GCB
KGB CONTINUE MARK UPThis is a very big Re-Accumulation Pattern
But seems like more towards An Atypical Type of Re-accumulation
#2 Schematic, The Rising bottom
Vol has been evaporating, which probably supply been succesfully absorbed (Red Arrow)
What attract me the most, is that , despite Huge demand on 13/11/24 (blue arrow),
there were not much selling pressure
Current price action might be a sign of LPS,
Thus breakout of LPS probably an indication of Continuation of SOS (Sign Of Strength)
KGB might be one of the Leader in Tech Sector/Semiconductor-Related
Thus, position initiated today
\ Tight SL
Pure Wyckoff
Simple13 Trading IdeaCurrent Price: RM 6.44
I foresee a potential price correction for this stock based on two strong technical indicators, despite its low PE ratio (below 10).
Key Observations
Inverse Pin Bar with High Volume:
The inverse pin bar candle on the daily chart, coupled with high volume, indicates significant selling pressure, a bearish signal that the price might head lower.
RSI Divergence:
The RSI divergence on the daily chart adds another layer of bearish confirmation, showing weakening momentum even as the price reached recent highs.
Trading Plan
Wait for Pullback: If the price declines, look for a pullback near the trendline or Fibonacci support levels to consider an entry. This approach allows a more calculated buy at stronger support levels, increasing the risk-to-reward ratio for any future reversal.
Summary
While the fundamentals (low PE) suggest value, the technical indicators signal a likely pullback in the near term. Patience will be key—waiting for a pullback near key supports can provide a better opportunity.
Disclaimer: This is not financial advice and is for informational purposes only. Please do your own research and assess risks before making any trades. MYX:MBMR
TIMECOM Waiting opportunity on 4.5 Reason for Buy this stock
Stock can sustainable provide 7% + dividend per annual
Waiting the Opportunity to buy at $ 4.5 as per technical analysis
Continues growth on profit since 2017 and cooperate with Malaysia government for 5G internet project.
Long Term ( 3 years ) holding stock only and TP on $ 7
7 % dividend per annual * 3 years = 21 %
55 % of capital gain + 21 % = 76 %
76 % / 3 years = 25.33 % per annual
Waiting Opportunity for Buy
Record holding
0 Stock hold as of now.
VS industry Short Term 3 Reason for Trade this Stock
As TA, I believe recently downtrend is correction of the previous uptrend.
Currently is trading on the support zone and have rejection 3 times.
Noticed the MACD showing the downtrend power is lower than previous and it was exhausted.
Short Term Trading ( 3 months )
TP on 1.34 with 35.5 % Capital gain within 3 months
Record Holding
30 lots holding now
RHB super long term plan Reasons for hold this stock
Head and shoulder pattern completed and break out previous high
Double bottom formed confirmed the downtrend is over.
break out on $6.3 key resistance since 2016.
Super Long Term Trading >3 years
My
TP : $8.47 ( 31.17% of Capital Gain )
Annual Dividend = 6.2%
Capital Gain = 31.17%
Total Gain = (6.2% X 3)+( 31.17%) = 49.77%
SL : $5.24 ( 18.67% of Capital Loss )
Total Loss = 18.67%- (6.2% X 3 )
= 0.07% of Capital Loss
Record Stock Holding
90 Lots + 28 Lots
BAHVEST GOING FOR MARK UPThis is one of the Setup which i really like
PowerPlay Setup
Price moonshot for 100% past 2-3 months
With a Typical ?Probably the classci Schematic #1 Re-Accumulation
* Spring possiblity
Despite price rising 100%, stil not much selling based on Vol
*(Red Arrow)
Thus i am humbly initiate position as attached
Tight risk for a powerplay
Assymetrical leverage
PureWyckoff