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PBA, potential upward signals Our 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:2.42 Target Price @TP1: 2.73 Target Price @TP2: 3.07 Stop Loss @SL: 2.09 (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!
MYX:PBA
by FakhruddinFazil
Engtex - Malaysian pipe supplier holding at support lineEngtex Berhad, a Malaysian pipe supplier headquartered in Sungai Buloh, stands to benefit from the recent surge in pipe replacement projects across the country. The company may see higher sales volumes from the Rasau water supply scheme, Langat 2 water treatment plant, and the Perak-Penang water transfer scheme, which all use larger-diameter pipes. The share price is currently holding at the support line, with further confirmation required.
MYX:ENGTEX
by ZhengQian
SP SETIA - SIDEWAYS with UPSIDE BIAS ?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 zone, a rebound to higher price is expected. Target Price : RM1.48 and RM1.54 Support : RM1.32 (17 OCTOBER 2024 lows) Notes : SP SETIA is a property company and shariah compliant.
MYX:SPSETIALong
by IMRAN_96
Simple13 Trading IdeaSector Update: The plantation index has been the strongest performing sector recently, showing resilience and upward momentum. Stock Pick: From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price. Current Price: RM 3.55 Trading Plan Entry Area: RM 3.55 to RM 3.30 Plan to start accumulating if the price dips into this range, which aligns with a fair risk-reward setup. Take Profit Area: RM 3.55 to RM 4.34 This target range offers potential upside. Gradual profit-taking is suggested if the price reaches this zone. Cut-Loss Level: Below RM 3.30 If the price falls below RM 3.30 and drops under the 20 EMA, consider a cut-loss to limit potential downside, as the pullback may extend further than expected. Summary With SOP in an outperforming sector and a strong technical setup, I’m looking for an entry upon a pullback. This plan offers a favorable risk-to-reward ratio and a defined structure to manage risk. MYX:SOP Disclaimer: This is for informational purposes only and not a recommendation to buy or sell. Please conduct your own research and assess your risk tolerance before investing.
MYX:SOP
by Simple13_Trading
Starting to Accumulate DUFU StockDUFU recently reported a profit loss of RM 3.2M in its latest quarterly report. The main reason for this drop was a forex loss, which I believe is a short-term issue and doesn’t reflect DUFU’s core business health. Looking at some key financial data: Operating Income: Increased by 26.05% quarter-over-quarter, breaking its downtrend. Total Assets: Holding strong at over RM 400M (close to its peak of RM 447M). Free Cash Flow: RM 17.39M, which is solid and near its highest level of RM 18.66M. From these numbers, I don’t see any major concerns with DUFU’s fundamentals. If we believe DUFU can improve in the next quarter, accumulating the stock between RM 1.6 to RM 1.75 seems like a fair entry range. Disclaimer: This is for informational purposes only and not a recommendation to buy or sell. Always do your own research and consider your financial situation before investing. MYX:DUFU
MYX:DUFU
by Simple13_Trading
DSONIC Potential uptrend to 0.56 in short term/ Long term 0.7653 Reason for holding this stock : DSONIC provided a sustain dividend around 6+ % annually Technical analysis show it trading around the demand zone, I believe it was the opportunity for Buy Continues growth on company profit since 2021 Short Term TP on 0.56 with 30% capital gain ( expected TP within 6 month ) Long Term TP on 0.765 with 77% capital gain ( Expected TP within 3 years ) 7% per annual * 3 = 21% 77 % capital gain + 21% per annual = 98% 98% / 3 years = 32.67% per annual. Record for holding 200 lots for short term 200 lots for Long Term
DLong
by newbietrader_TZW
1
SENDAI - Looking for a potential bullish momentumThe price is hovering near potential breakout levels around 0.565. The last candle shows some upward momentum. The downtrend line indicates resistance that the price is approaching. A breakout above this level could signal a bullish move. Buy on Breakout: If the price breaks above 0.565, this could serve as a trigger to enter a long position. Set your stop loss at 0.470, just below the significant support based on past price actions. This provides a buffer against potential losses. Ensure that the risk-to-reward ratio is favorable. With an SL set at 0.470, you’re risking approximately 0.095 per share for a potential gain of 0.065 to 0.170 (depending on which TP level is hit). Adjust position size according to your risk appetite and portfolio size. Keep an eye for a clear breakout above 0.565 while monitoring volume spikes for confirmation. Ensure to manage your risk effectively with a well-defined stop loss and take profit levels.
MYX:SENDAILong
by mg6112
KITACON - Looking for potential price targetN wave with E, V, N & NT projection. Price is above the Kumo, suggesting bullish sentiment, though the cloud is still thin, indicating some level of uncertainty. The price is slightly above Tenkan-Sen, suggesting short-term bullish momentum. Chikou-Span positioned above the price, further confirming bullishness. Wave Structure: We see the classical A-B-C correction pattern completing around point (C), and the price has started moving upwards towards the NT level (0.775). If the price can successfully break and close above 0.775, it would likely confirm the next wave towards the N (0.845), V (0.860), and E (0.915) levels. 52-week high: 0.785, a key resistance level to monitor. A potential entry can be taken once the price breaks above the NT level of 0.775, confirming bullish continuation. Stop-Loss: Below the recent low around 0.740, providing a good risk-to-reward ratio. Given the bullish signs from the Ichimoku indicators and the N wave projection, a breakout above NT (0.775) could indicate further upside movement. However, watch for a rejection at this level, which may result in price consolidation or a pullback. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:KITACONLong
by mg6112
LAYHONG - Analysis on potential of price targetN wave with E, N, V & NT projection. The price has moved above the Kumo, indicating bullish momentum, but the cloud is still quite thin, suggesting caution. Price is currently above the Tenkan-Sen, suggesting bullish momentum is building up. Chikou-Span is above the price, confirming the potential for bullish continuation. NT level 0.415, which serves as immediate resistance. The price has broken past point (B) and is currently testing the NT level (0.415). A successful break above NT would likely confirm further upside potential towards the N (0.430), V (0.420), and E (0.445) projections. A potential long entry could be placed above the NT level of 0.415, confirming bullish continuation. Stop-Loss: Below the Kumo or the recent low around 0.400 to manage downside risk. If the price sustains above the NT level, the bullish momentum may carry it toward the higher projection levels. However, if there's a rejection at these levels, consolidation may occur. Keep an eye on volume to confirm breakout strength. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:LAYHONGLong
by mg6112
KKB Engineering Bhd (MYX: KKB)Current Price: 1.67 MYR The stock has recently rebounded from the 200-day moving average and closed above the 50-day and 100-day moving averages. If the price remains above 1.65 MYR with strong volume, consider entering. Primary Target: 1.85 MYR, based on the next resistance level. Stop Loss: 1.55 MYR, slightly below the 200-day moving average to manage risk. Short-Term: (1-3 weeks)—The setup is for a quick gain based on current technical conditions, aiming to capture the upward momentum. Note: This plan is for educational purposes only and not financial advice. Consult with a financial advisor before making investment decisions.
MYX:KKB
by apisjay
CAPITAL A - Uptrend may extend ?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 target : RM1.12 (the high of 17 August 2023) Support 1 : RM0.950 (Aggresive Trader) Support 2 : EMA 50 may acts as support level (Conservative Trader)
MYX:CAPITALALong
by IMRAN_96
lancaustudy("Serangkai", overlay=true) msr = input(title="MSR" , type=input.bool, defval=false) milo = input(title="MILO", type=input.bool, defval=false) m3 = input(title="3M", type=input.bool, defval=true) sma10 = sma(close,10) sma20 = sma(close,20) sma50 = sma(close,50) sma200 = sma(close,200) msrbar = open= open and sma10 <= close and msr==true barcolor(color=msrbar ? color.blue : na, show_last=3) plot(msr ? sma10 : na, title="MA10", color=color.blue, transp=0, linewidth=2) plot(milo ? sma50 : na, title="MA50_milo", color=color.orange, transp=0, linewidth=2) plot(m3 ? sma50 : na, title="MA50", color=color.orange, transp=0, linewidth=2) plot(m3 ? sma20 : na, title="MA20", color=color.green, transp=0, linewidth=2) plot(m3 ? sma200 : na, title="MA200", color=color.red, transp=0, linewidth=2) // ichimoku ///
MYX:GFM
by nokialumia170
YTLPOWR, why it so interesting?YTLPOWR is pretty interesting! Let's break it down: Analysis 1. Price Movement: The stock recently dropped to 3.00 MYR from a high of 5.47 MYR. That's quite a dip! 2. MACD: It looks like the blue MACD line is below the orange signal line, indicating bearish momentum. 3. RSI: The RSI is hovering around the oversold region, suggesting the stock might be undervalued soon. 4. Annotations: - MSS (Market Structure Shift) and BOS (Break of Structure) indicate significant changes in market behavior. - FVG (Fair Value Gap) and VI (Volume Imbalance) could be key areas to watch for potential price reversals or continuations. Divergences No clear divergences are apparent in MACD or RSI at the moment. Potential Movement - Bullish Scenario: If it rebounds from 3.00 MYR, it could rally back towards resistance levels. - Bearish Scenario: If it continues to drop, the next support might be around 2.50 MYR. Overall, the indicators suggest it might be nearing a point of reversal or consolidation. Keep an eye out for any shifts in momentum! 📉📈 No trader/investor is right all the time. No strategy/method is 100% profitable. Cut your losses quickly, without hesitation. Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
MYX:YTLPOWR
by DSELE99
GAMUDA, what next?GAMUDA shows a strong bullish trend. The recent breakout above resistance (at 9.00 MYR) is promising. Both the MACD and RSI indicate strong momentum with no clear divergences. Potential Movement: Bullish Scenario: If the price stays above 9.00 MYR, it could continue to rise. Bearish Scenario: If it falls below 8.50 MYR, it might retrace to around 8.00 MYR. In short, looks like the bulls are in charge for now! 📈 Keep an eye out for any shifts, though. 📊 Maximize profits by protecting the downside and minimize losses by seeking the best price. 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.
MYX:GAMUDA
by DSELE99
SPSETIA - Analysis on potential price movementN wave with E, N & NT projection. The price is currently above the Kumo, indicating a bullish trend, but it's near a potential resistance zone (NT level). The cloud (future Kumo) is flat and thin, showing weak support in the future, which could lead to a reversal if momentum weakens. Tenkan-Sen is above the Kijun-Sen, confirming bullish momentum. The price has recently broken out from the consolidation, and this cross suggests bullish continuation. The Chikou Span is slightly above the price, further supporting the bullish momentum. NT level (0.149): This is the immediate resistance level. A successful close above this could signal continuation towards higher targets. Immediate support is around 1.30, which aligns with the top of the Kumo. If the price falls below this, the bullish scenario would be invalidated. Further support can be found around 1.20, the base of the previous consolidation zone. A breakout and close above the NT level (1.49) could provide a good entry for a long position, targeting the N level (1.62). Since the price is near a key resistance (NT level), ensure proper risk management by placing a tight stop-loss in case of a false breakout. Monitor volume closely; a bullish breakout should ideally be accompanied by a spike in volume. Bullish Scenario: A breakout above NT (1.49) could signal a move toward the N (1.62) and E (1.75) levels. Bearish Risk: If the price rejects the NT level and falls below the Kumo (1.30), it could invalidate the bullish outlook, potentially triggering a downward move. Note: 1. Analysis for education purposes only. 2. Trade at your own risk
MYX:SPSETIALong
by mg6112