MESTRON Rst: 0.49 Spp: 0.39 Successfully forged its support at Fibo Ext 161.8%, meaning the stock is now ready to venture further towards 0.49, broad BB formation can facilitate the move.
ANNJOO Theme: Metal Rst: 3.00 Spp: 2.81 Cup and handle breakout, since this is fresh breakout, supported by rising indicators and solid volume, the upward trajectory shall progress until next Fibo Ext level.
PECCA Theme: Automobile parts Rst: 4.38 Spp: 3.98 Serious RSI bearish divergence signal plus the stock have arrived end of Fibo Ext spectrum at 4.38 (previous projection is adjusted), consider as the end of bullish cycle now, looming for sharp retracement soon.
UNISEM Theme: Tech Rst: 8.00 Spp: 7.70 Worrying signals is back above to haunt the stock, shooting star emerged today has pull the stock to breakdown from H&S formation, dragging further by falling RSI, MACD, which means coming days weakness will continue to spell.
ANCOM Theme: Chemical Rst: 2.00 Spp: 1.64 Solid candle done above upper BB, fresh break through from Fibo Ext 100% the major resistance level. Uncharted territory as well, meaning nothing significant to block the upside now, reaching RM2 is possible.
SDS Theme: Retail Rst: 0.445 Spp: 0.395 Well supported above 0.415, and indicators continue to sustain around bullish territory. The stock still can see a break through from Fibo Ext 100% at 0.445
NICE Rst: 0.28 Spp: 0.20 Testing breakout from long term descending trendline, pretty positive on this as the push happened after a breakdown from MA200 (which means the flushing shall have completed), supported by rising indicators and improving volume, the stock likely to move further.
REVENUE Theme: Payment solution Rst: 2.30 Spp: 2.23 Still way bullish, only concern is RSI bearish divergence is plaguing the momentum now. If coming candles manage to forge new support above 2.23 area, there’s tendency to see the bearish signal being neutralised
JAG Theme: Penny stock/ High risk Rst: 0.475 Spp: 0.40 Since the stock constantly rejecting itself to fall below both RB formation neckline & Fibo Ext 100% at 0.40, the combination of positive catalysts from indicators and BB will facilitate the stock to unlock further upside to 0.475
D&O Theme: Tech Rst: 5.00 Spp: 4.80 With bearish Marubozu candlestick emerges today, RSI has officially pull out the formation of bearish divergence, which is sign the stock may observe further plunge in coming days, may reach middle BB soon.
CUSCAPI Rst: 0.30 Spp: 0.24 As per highlighted in morning, the stock has tested support near MA50 as well lower BB area, with substantially strong candle done today, likelihood the upside to continue towards 0.30 is there.
DIGI Theme: Telecommunication Rst: 4.64 Spp: 4.10 Tweezer top candlestick formation being rejected as it’s followed by green candle today, since latest candle formed above upper BB, it indicates bull still in strong grip, thus likely to see continue upside towards 4.64
PA Theme: Aluminium Rst: 0.54 Spp: 0.505 Symmetrical triangle breakout on 07-Apr is being sustained above 0.505, which is indication further surge will be induced, since indicators are gaining back their momentum, doing so is possible.
NGGB Theme: Renewable energy Rst: 0.635 Spp: 0.565 Bullishness remains intact, basically no sign of weakness can be observed from indicators and Bollinger Band now, reaching 0.635 is possible.
ASTINO Theme: Building material Rst: 1.30 Spp: 1.13 Solid move, hammer candlestick emerged above upper BB, healthy volume and rising indicators, will generate further trading interest towards next Fibo Ext level at 1.30
MINDA Theme: Penny/ High risk Rst: 0.15 Spp: 0.12 Departing away from MA200 & MA50 with the support of broadening BB and strong trading volume, this stock has all the positive metrics to drive it further.
MCT Theme: Property Rst: 0.35 Spp: 0.30 Still bullish and consist of space to travel northward, the stock will now need to build its new support at Fibo Ext 61.8%/ 0.30 first, before allowing the uptrend to continue its journey.
TOPGLOV Theme: Glove Rst: 5.00 Spp: 4.72 Resurgence of candlestick above critical support level 4.72, meaning RSI bullish divergence is kicking in their effect into Daily chart from 4H chart now. My expectation the effect shall last until middle BB area.