CAHYA MATA SARAWAK (BHD)DISCLAIMER: FOR STUDY PURPOSE ONLY Trade at your own risk MYX:CMSB Longby mohd_badrul1
CMSB rebound soon?CMSB After this few days of minor crash on penny stock, CMSB also been affected. It also been affected by the news of Norges Bank ceased to be substantial share holder on 12 Jan 2024. However, personally I think it will not affect the fundamental of the company. Technical wise, it as mentioned earlier, RM1.18 is a key resistant level that had been tested 4 times since Apr 2023. The last really in the 1st week of Jan 2024 was the 4th attempt to test this level and follow with the major correction. Today, 3rd trading week of 2024, the price been supported the strong support level (RM1.02- 1.05). If next week, the price rebound stronger back and supported by stronger that to be released on end Feb, that's good chance to break RM1.18. If it continue the short term down trend to break below RM1.02 then need to be careful and prepare to take loss.by mtwwy3
CMSBTrading parameters: Entry Point (EP) at 1.10, Target Price (TP) at 1.20, and Stop Loss (SL) at 1.01. Longby mnurdin0
CMSB pending to break outCMSB is likely ready to thrust upward for subwave 3 of 3. Wave 3 is anticipated to be longest when wave 1 had completed it’s leading diagonal wave. TAYOR.Longby SenseiSaham3
Shall we follow other's call? CMSBWe often see that the group admin / member will keep mention particular counter/ symbol. Question : shall we follow it? Moment ago, member of a private group mention about CMSB 👀. Just with a gained of 2%++ and alert other at group?🤔 If like that, how about other counters that gain more than 2%?😵🤔 tell next villages too? At this moment, CMSB still is s downtrend stock that look to break the downtrend parallel channel. If fail, will continue pullback. Best price need to stay about 105 at this moment. Will I trade it? Not at this moment. At least wait until it break the curse. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.by DSELE99111
CMSB looks good- Fundamentally good stock. Jump in profits in most recent QR. Discounted cashflow (5%) fair value - 2.59. - Nearing the end of the long term downtrend channel. Price already rejected an ST, possibly a Spring. Now showing signs of strength. - Strong resistance at 1.60 - MA200, at previous support becoming resistance. Trading plan: EP: 1.26-1.28 SL: 1.23 (tight) TP1: 1.60 (25% upside, 6.4 RRR) Longby sahamdanlatte5
CMSB: advance swap zone#CMSB (CASE STUDY) Swap zone technique. Demand area 0.975-1.00. BO with good Q3 results. TP1: 1.10-1.13 Risk: Overall downtrend, currently price at SBR 1.05. Lets monitor closely! *Personal opinion, trade at your own risk*by mhanishanafi2
CMSBOpen position: 1.09~1.16 Close position: 1~3% SL depends on your risk-reward ratio #DeepagiScreener #TAYORLongby mnurdin3
CMSB - Smart money resumedCMSB - Smart money resumed Note: For Interested to subscribe the VT MCDX Smart Money Pro and learn Victor Trade System, and kindly contact owner (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)Longby VTTS1
A Divergence Signal!The price candlestick indicates a divergence signal where the price closed above MA20 with volume above MA20. A good sign for a long trade position. OBV chart indicates an uptrend trend. And MACD chart is in the weakness and negative signal. Put CMSB in your WL and watch out for significant price movement with volume or when MACD crosses up the signal line which indicates a positive momentum. R 1.560 S 1.410 Longby eskopitehmilo1
CMSBSupport: 1.45 CUTLOST 1.39 Resistance: 1.51/1.57 Cahya Mata Sarawak Berhad, an investment holding company is engaged in the businesses of cement manufacturing, construction and construction materials, trading, road maintenance, property development, financial services, technology, and education services. It is involved in the manufacture and sale of cement, as well as concrete products, such as square piles, bridge beams, culverts, cement sand bricks, and kerbs it is also engaged in the provision of software research and development, IT solutions, and ICT related services for insurance and healthcare sectors; trading of computer software; and also provides engineering services to the oil and gas industry. The company is also engaged in property holding, property development and construction, and project management services; corporate financing services; management of private equity investments, unit trust funds, and asset management; manufacture and trading of cement clinkers; and provision of management and consulting services, e-business solutions, and Internet services. In addition, it is engaged in the management and marketing of realty and property projects; quarry operations; production and sale of premix; manufacture and sale of wire mesh and related products; civil engineering contract operations; and road construction, maintenance, assessment, and management. Further, the company involves in the steel related engineering and manufacturing activities, such as hot-dip galvanizing, civil construction, manufacturing of LPG cylinders, and manufacturing of steel pipes and pipe specials; and civil engineering, building and utilities work, bridges, and water-related projects. Additionally, it supplies water treatment chemicals, pipes and fittings, and vehicle and equipment spare parts, petroleum products, and roads safety equipment; owns and operates a school; and produces aluminum. The company principally operates in Sarawak, Malaysia. Cahya Mata Sarawak Berhad was founded in 1974 and is headquartered in Kuching, Malaysia.by automlm812
CMSB in Rally Up pattern!The trend pattern shows CMSB is in a rally pattern. Which able to sustained increases in the prices. OBV and MACD confirm the trend momentum. R 1.55 S 1.22Longby eskopitehmilo0
Cmsb Sarawak superstarAbove rm2. Cahya Mata Sarawak Berhad (CMS) is Sarawak’s leading infrastructure facilitator and a prime mover in Sarawak’s growth story.Longby ktfryer0
CMSB - Double Bottom B2 Chroma BuyCMSB seems to have bottomed, with RSI forming double bottom with the newest retest forming a higher low. Potential trend reversal indicated by the bullish divergence and Chroma Green B2 Buy. Good risk reward near supportLongby Zyke421
(EL) Trend Rider 161. Weekly starting to make an uptrend. EMA 10>EMA 30, below EMA 200. 2. H4 looks like making a new impulse wave after correction. Reversal at 0.382. May move sideways before making new higher high. 3. Bursa Marketplace rating 8 (strong mom), isaham 7.1, i3 ATP RM1.47 Longby aiman7242Updated 1
CMSB Weekly TimeframeBest entry for long term (weekly).... reversal pattern done + first retracement + test RBS = safest entry for long termLongby m-khusairie0
CMSB Daily TimeframeCompany with good FA... W-type validated with FRAB already on the move Waiting to break confluence area of DTL and MA200 Plan your trade, trade your planLongby m-khusairie110
CMSB - Pending for BreakoutCMSB Rst: 2.73 Spp: 2.26 Selling activity constantly being push back northward, which is indication further upside will continue to unfold in tandem with rising BB. New pennant can be now observed, waiting for fresh breakout now.Longby HTB_Club3
CMSB- Counter Malaysians Should BuyCorporate Name : CAHYA MATA SARAWAK BERHAD Symbol & Code : CMSB (2852) Board : MAIN Shariah : Compliant Sector : Industrial Products & Services Sub-Sector : Building Materials • Weekly: A revival from double bottom plus 20ma is about to cross 50ma • Daily : 50ma rebound • 2-2.1 by Tentorium0
CMSB [10 December 2020] Buy On Resistant Zone Break OutMYX:CMSB SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant Longby RuslanAdi0