Technical buy as engulfing form at both lower Bollinger band within trading hour.
Drop to demand zone and support by 2 engulfing base.
10th May 2021 Technical Stock Idea: SDS SDS GROUP BERHAD (0212) We see SDS was trading in an uptrend channel and now was testing it support area (0.40-0.435). We think that if share price able to sustain above 0.445 that will show possibility break last high (0.485) and testing new high. 🎯 R1: RM 0.485 🎯 R2: RM 0.500 🎯 R3: RM 0.520 ✂️ S1: RM 0.40 ✂️ S2: RM 0.35
20th April 2021 Technical Stock Idea: ARBB ARB BERHAD (7181) We see ARBB yesterday closing with bullish engulfing pattern and today share price is testing RM0.385 recent resistance, if today share price can break we believe share price will going to challenge next resistance level. Potential small trade can participate. 🎯 R1: RM 0.415 🎯 R2: RM 0.435 🎯 R3: RM...
24th March 2021 Technical Stock Idea: YongTai Yong Tai BHD (7066) We see that YongTai had been found it support at RM0.20 area and the price is climb up slowly and steady and buy rate is stronger. 🎯 R1: RM 0.325 🎯 R2: RM 0.365 🎯 R3: RM 0.40 ✂️ CL: RM 0.245
60BB up, buy at 0.236 retracement, assume uptrend remain
*1st June Technical Idea* HEVEABOARD BHD (Stock code: 5095) Today we see that furniture sector was hot and may a new theme for next round rally. we found out that HEVEA was react at demand zone but not move a lot yet. long bias & signal combine with reverse candle pattern, entry confirmation we think that HEVEA have opportunity to challenge last high...
*1st July Technical Idea (UPDATE)* POH HUAT Resources Holdings (Stock code: 7088) Today PO HUAT hit TP2 with huge volume traded. we move up our TP and SL (to book in profit) Risk: Moderate Risk* *TP1: RM1.285* *TP2: RM1.370* *SL1: RM1.150* *SL2: RM0.980* *Risk Return Ratio: 1.85x* Strategy: 1)For those have cheap price can try to reduce exposure at new TP1. 2)For...
*24 June Technical Idea* MEGA FIRST CORPORATION (Stock code: 3069) 1st Jun MFCB hit it new high 7.180 and retrace back to demand zone area (5.60-6.00),long bias yesterday we see that MFCB closing with reverse candle pattern and increase volume, entry signal we think that MFCB is welcoming it next rally waive,potential trace can be participate. *Risk: Moderate...
*24 June Technical Idea* Focus Point (Stock code: 0157) we see that focus point downtrend was broke yesterday,it look like buy flow is coming, long bias if share price can break 0.460 and maintain it increase the possibility to challenge next resistance 0.495 even 0.520, waiting the confirmation if share price cannot sustain at 0.415 it will consider technical...
*22 June Technical Idea* LUXCHEM CORPORATION BHD (Stock code: 5143) After new high created in 1st Jun with huge volume, we see that share price drop back to demand zone, long bias. we see that share price react at zone last trading day and form revert candle pattern today, entry signal. we are waiting share price break 0.755 last high for a solid confirmation....
*21st June Technical Idea* HEINEKEN MALAYSIA BERHAD (Stock code: 3255) After new high created at 20 April, we see that HEINEKEN was drop back and react at demand zone on last Friday. Long bias if share price can trade above 22.315 we will consider is long confirmation and riding the trend to break last high. Under RMCO we see that some restaurant and bar are...