MSM : set up failure what seems like a good set up , can fail. a break below 10 weeks EMA invalidates the set up.by qidran3
WILL MSM CONTINUE ITS MARK UPmy current hypothesis is that, price going to bo the BUEC volatility reducing, tightening of price price initiated as attached. high risk entry Pure WyckoffLongby drsyarizUpdated 5
MSM MARK UP The bigger picture, showing that MSM currently in MARK-UP phase ( Accumulation Schematic 2, Rising Bottom ) i am focusing on the MARK -UP phase : Which is the stepping stone (yellow color box, Local trading range) Signal - spring & Buec thus, position initiated based on POE #3 (Buec) pure wyckoffLongby drsyarizUpdated 1
MSM Malaysia Holdings Bhd Outlook (04/04/2022)MSM Malaysia Holdings Bhd:- This counters is expected to contiune it's upward trend as before till 1.010 and if reach can make an new high of 1.075. Can considered for buying above 0.980 Resistance:-1.095,1.170 Support:- 0.850 The Relative Strength Index (RSI) is 71.81 by OAurthor4
CORAK DALAM DAN CETEKCoretan Trading Idea ini hanyalah kajian & pembelajaran sesuatu kaunter saham SAHAJA. Ini BUKAN merupakan satu bentuk BUY CALL kepada mana - mana pihak dari penulis. Mana - mana pelabur dan pedagang adalah bertanggungjawab terhadap tindakan dan pelaburan masing - masing. BERDAGANG DI ATAS RISIKO ANDA SENDIRIby syakirkbb7651
A Divergence Signal!MACD and OBV charts indicate a divergence signal with a probability of an uptrend pattern. This is confirmed with the candlestick body pattern where the price already rebound from the support line. Let put MSM in WL and watch out for significant price movement with volume or when the candlestick body crosses up the MA20 line. R 1.26 S 1.110by eskopitehmilo0
$MSM with upside potential of 70% ?? Technical Wise: After breaking out of the downtrend, it has been consolidating with healthy volume. Price also moving in higher low while the share price holding above 200-EMA. With this formation, I am expecting to see the price to challange recent high again and has upside potential of 70% which can meet RM 2.7, in mid-to-long term. Like my post on Malaysian Stock? Come and join stockbit, I usually share my ideas there: stockbit.com/post/7577753 and follow me on the platform or whichever places you like. Follow me: my.stockbit.com/#/gibsontan ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I believe Malaysian sure has clues of brand of Gula Prai, and the company behind that is MSM, which they produce produces, markets and sells refined sugar products. After years down-trending, finally the share price finally break made a comeback in after FEB2021 , followed by good financial turnaround for 4Q2020 after 2 years of loss-making. I remain bullish with the counter as the trading setup has sparks my interest. On its prospects wise: 🍬 The positive earnings can be sustained as the recovery of domestic sales as economy reopens and more socioeconomic activities leading to more product consumption including sugar. 🍬 Room to grow for the current utilisation rate of 47%, which the company aimed to grow the rate above 50% as mentioned in AR2020. This shall better improve efficiency and result in lower refining and production cost. 🍬 Increasing exposure potential in exports would benefit MSM, as the global sugar retail price has gone up. This put their exports segment to better margin given that they are able to sell at higher price. As in Malaysia, sugar price has capped at ceiling price of RM 2.85 per kg, if any news to revise the capped price would be good for MSM in general. 🍬 Good hedging position in raw sugar price. As the global raw sugar price has gone up to 19usd, it would not reduce MSM margin because the group has fully hedged its raw sugar for 2021 at 0.13-0.14 usd/lbs while 85% of for 2022 at 0.16-0.17 usd/lbs. It can secure better margin for MSM.Longby Gibsonwm3
MSMSo nice chart pattern. consider for WL price try to test support can monitor for volume coming and join the crowd. As usual, maybe this counter will rest for a while TAYORShortby ridzxuanUpdated 0
MSM BHD We notice strong collecting at RM1.73-1.74 MSM gaining momentum back and price expect to break out RM1.75 soon. Proper shakeout and re-accumulation done. Longby GoldenTurtle113
$MSM - Waiting for pullback $MSM - Wait for pullback New uptrend channel MA 20 crossing MA 50 BO Downtrend line Inverted Head & Shoulderby mizzat0
MSM - Potential UptrendFor Study, Potential up to 2.70. Low volume during the correction. Waiting for retest near-immediate support to find entry pointLongby lluwelim0
MSM: 20-Days HighSame as DNEX's, trying my luck here EP: 1.49 CL: Once Sell Signal appears TP: 10%by solblurgh0
MSM Daily Timeframeone of the worst situation at Bursa is nearly over? just captured this counter - Reversal of double bottom - Rebound at nicely area of fibo 61.8 - Creating High-Higher Low-Higher High - Channeling up #tayorby m-khusairie1
MSM - Downtrend Line BreakoutMSM - Changes direction from breaking the downtrend line. Pending Resistance to break at 1.41.Longby kinmeng110
MSM updated EW labellingMSM wave 4 appeared to be double three corrective wave with double bottom rebound setup could be on the card.Longby BursaWaveTrader3
MSM waiting gameMSM retracement of wave 4 has reached between 141% to 161% of wave A for zigzag retracement. If price breaks resistance 1.77, it may trend higher towards primary target of wave 5 at 2.50. Key resistance : 1.98 / 2.10 / 2.50Longby BursaWaveTrader1
MSMMSM Golden cross on MA10 and EMA25 Moving average support 1.60 Trend line Support 1.52 Chocolate ball support 1.57Shortby stocknavigator880
MSM Major Support & ResistancePersonally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!by LMTAN2
Wave 3 or wave b in progress to upside. This is not investment advice. Please do your own due diligence. 1. Count invalid if price touch RM1.56 before hitting target 2. Target 1: RM1.86 @ Target 2: RM2.045 3. Suitable for swing trader (hold 1 month position) #AbangCak #ElliotWaveTrader Longby MrWyckoffUpdated 0
READ THE MARKET ON PRICE ACTION, WAVE ANALYSIS & CHART PATTERNPrice showing positive momentum to the upside as we can see selling momentum slowing down and buyer starts making a move. As for now, there's no Lower Low created to break below Buyer's Territory. Recently, price keep squeezing and we are still in indecisive phase where 50/50 chances price might go up or vice versa. Personally from my perspective, price possible to jump to the upside as we see strong bullish candle on 21st April which indicates buyer reaction. The Bear struggling to push The Bull that's why price starting to consolidate. Besides of price action story, Elliot Wave (EW) can be one of the tools to forecast the price movement. EW completing Wave C, in the making of Wave D before price reject once again at support to complete Wave E. Based on rule of thumb EW, after completing Wave E, the percentage for price to break the squeeze pattern is higher. For this expectation of bullish momentum, price might go to the upside and if we trade based on pattern also, you might see it is a possible Bullish Flag pattern. Keep monitor the price and trade based on your personality. Only you can decide whether you are Price Action Trader? Elliot Wave Trader? Or Chart Pattern Trader?Longby traderfizfx0
MSM - 4H updateNote - With certain bullish indicates that this price movement will slightly on-goin for correction. - Take best entry/exit condition - Suggestion showing my EP (entry price), RP (recovery price adding), TP & SL - If the pullback is negative trend, do entry with lowest buy rate - should add RP with highest possible buy (plus to counter first EP), after breakout successful. Do not do RP if price is still in "correction-retrace" mode Longby Glem1
Trading Idea MSM (21/01/2021) Trading Idea MSM (21/01/2021) - Breakout. - Entry within the green zone (T2/T3) - Target and stop-loss as drawn. Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.by IrAizatZeinuddinUpdated 0