BURSA price breaking previous low, price might down to around RM6.00 before completing its correction. RM6.00 is the :- 1) Next "peak" of Market Profile 2) The Lower Trend line ( Red) of parallel channel 3) Next Major Demand Zone
Bottom build up (higher high & higher low) is completed, and price is already above MA5, 10, 20 and 60. Last friday closing, its price has slightly drop but the bullish trend is still going unless the price is unable to cross @0.84. There has a resistance at 0.84 level and consolidation between 0.81 to 0.84 which is also a resistance...
D&O is a triangle pattern, wait for the breakout to confirmation the next trend, my first target is rm6.15 and second is rm7.00
MYX:RUBEREX has reached a key support area which is critical, breaking below this RM0.58 area will likely mean further downside for this name. Next support all the way down to RM0.30. Good luck. *If we could just accept that the trend has changed way back in Nov'20, it could have saved 70% in losses.
Spotted a potential breakout to the upside for MYX:CYPARK at RM 1.04 with an immediate target of RM1.26. However This could be a riskier setup given the amount of resistance levels it needs to overcome in order to move higher.
MYX:VITROX is looking set for a surge to the upside again, possibly to reach another new high upon breaking and staying above 19.16. Possible targets 21.40 and then 22.16 If you are interested in knowing why and how, drop me a message.
MYX:FKLI1! could be headed for another round to the upside IF it manages to break above 1606. Keeping stops tight at 1602.5 with a target area of 1618. Good luck.
NASDAQ:TSLA is look really bullish around here and looks like it has momentum for further upside to the $840 region.
Bull trend is on going, each reversal also can be rebound at MA20. 0.92 is the entry point with high volume. Resistance line 1 & 2 is respectively 0.975 and 1.03, taking profit will be observed if it could break out resistance lines. MACD and Stochastic also appeared "golden cross"...
Reversal at MA20 with high volume, higher high and higher low is completed. Resistance line at 0.525 which is taking profit target as well. ====================================================================================== I am a profitable trader, here is the watch-list for Bursa Malaysia Market. -TGL Engineered Excellence-
First uptrend finished, price breakout the box which consolidated 1 to 2 weeks. There is two possible entry trade coming days: (1) Breakout Entry, follow the strong uptrend with volume. (2) Wait price retrace and a confirmation of rebound. Since no resistance line on top of price, taking profit target can be set above 2R unless price appear huge bear candle...
First uptrend finished, price rebound after cross down MA20 in 2 days with high volume. Price closed above MA20 as confirmation day for entry trade. Initial stop loss at 1.11 and target profit 1.755 with 2R which near to resistance line @1.795. =================================================================================================== I am a...
MYX:ANCOM Trading opportunity detected and added into watchlist. Based on the following criteria: Good support above EMA lines. Daily MACD golden cross. Ichimoku cloud getting wider. Entry support at RM 2.66 and holding. Good volume to indicate momentum.
MYX:SIMEPROP has seen some very sideways ranging action in recent weeks. Targeting an initial area of RM0.78 IF prices are able to break above the current RM0.665 resistance area. These are just my views and in no way represent any buy/sell call or recommendation. Information shared are meant for educational purposes.
MYX:FKLI1! is looking to head higher IF it breaks and maintains above 1597.5 on the hourly. Targeting firstly 1608, and then 1614 thereabouts. Good luck
Price is slightly boost up from a bearish trend since June 2021. A potential uptrend forming, it can be having two possibility entry points for us: 1. Breakout the recent higher level @0.52 and price will keep up. 2. A retrace after breakout or pressed by 0.52 resistance level, entry trade when...
After a long consolidation since May till Sept, price was started boost up at 15 of Sept. Stage 1 is completed, and Stage 2 - Uptrend is on going. A trade reversal retracement at 14 Oct and 15 Oct is a confirmation day. Bullish candle with volume (1.2x average volume), Stochastic golden cross at 30. Initial stop loss at 1.10 recent lower level. Target profit...
bintai is now officially testing a recent demand zone area. if manage to hold it will bounce to the recent supply zone. If fail, it is moving back to the major demand zone.