Recent Red Sea crisis might benefit logistic industry. SWIFT seem entering stage 2 and testing it 0.570 support. 7% Risk. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
HAPPY NEW YEAR... 2024 personally looking good on Construction sector. Sector index is entering STAGE 2 UPTREND after coming down since 2018! Stock wise: GAMUDA, IJM, SUNCON RE is another sector that I personally looking good. Tell me what's you guys think on your 2024 prospect.
I have been monitoring HIAPTEK movement since Oct when it turn into stage 2. Unfortunately, I am washed out on 20 Oct by that deep wash. Price recovered back above MA50 afterwards and the setup is getting crispy again. Expect few more rounds of pullback to gain momentum for another rally. Let's see. Disclaimer: Information presented here is not intended to...
PANTECH showing obvious cup and handle setup. Looking good with recent price and volume action. Attempt breakout on previous resistance (red line) and experience pull back. Let's see if able to build a pivot and setup a momentum for solid breakout. p/s: Good rally on previous sharing for ECOWLD, KPPROP, CAPITALA.
CLOUDPT developing good price/volume movement after 98 days from IPO. Volume increase when price hike and volume decrease when price correction. (wash out) Let's see if i am right. Awaiting solid breakout and stand firm above 0.625. Disclaimer: For educational purpose only, not buy/sell recommendation. Trade at your own list.
I shared PANTECH chart back then in 30th March (link below). The breakout doesn't last long and sell out was triggered due to break support. This is a breakeven trade back then. The chart that formed a double bottom. And recently higher low is observed with volume start to come in. QR look decent too. Will PANTECH further attack? Disclaimer: Information...
Previous CAPITALA and KPPROP VCP got good return (~30%). Hopefully some of you manage to get that ride too. Here you go for another VCP candidate: C1: -21% C2: -8% C3: -4% Note on the recent price/volume action. Brewing for something. Let's see the upcoming movement.
Not sure if anyone observe the movement of this KPPROP. Price breakout from huge base 286d (with huge volume come in) and then experience pull back that formed a short base VCP. 0.645 will be the critical support. Risk is not high and let's see how the movement later. (Btw, earlier post ECOWLD has gained 15%)
William O'Neil got a lot of weekly chart example in his book: How to Make Money in Stocks. PECCA chart is hidden in daily chart. Amazing setup seen in weekly chart. The base of the chart used 770 days to form with below contraction: C1: -43% C2: -15% C3: -6% C4: -5% Attempt breakout last week and pull back this week (natural reaction), forming a pivot and...
During the 3 months offseason rest period, I read back the book How to Make Money in Stocks by William O'Neil. And found this stocks when screen through the stocks screener. Double Bottom Setup using weekly chart. Price attempt to breakout on 19th June and experience natural reaction (Pullback) and form a pivot point. Risk wise ~6.5% which is consider low risk...
Have been 6 months since my last update. Off for fishing when market is not good. Lately start to screen back and observed ECOWLD with healthy price and volume action. Stocks entered Stage 2 since March. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed...
CAPITALA got a 3 months base VCP setup with below contraction: C1: -16% C2: -10% C3: -7% C4: -4% Price breakout C2, C3 and C4. Let's see if got momentum to breakout C1 or not. If yes, then everyone can fly. Remember set your support and don't chase high. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment...
MFLOUR I first share on 13th Jan seeing this stock entering stage 2 with huge volume since end 2022. Then i shared on 30th Jan on observing short base VCP setup. (link on previous 2 articles in below) The VCP base continue to develop and recently pull back deep to form a C2. It might form another C3 before take off. (Based on VCP experience so far) Keep an eye...
VIS setting up POWERPLAY pattern. Stock price gain >100% in 2 months. Price under correction for almost a month. Price and volume action still rigid. Low risk entry point. Risk is <6.5%. Will it be another Gem of the year? Let's see. Another stock in radar is MFLOUR. Disclaimer: Information presented here is not intended to be used as the sole basis of any...
MFLOUR I shared on 13 Jan and updated the progress in the earlier post. Short based VCP observed! C1: 14% C2: -6% C3: -3% Might have another round of contraction or might breakout and pull back. Depend on how the fund operators want to execute. Let's wait and see. Disclaimer: Information presented here is not intended to be used as the sole basis of any...
PPHB VCP setup since Sep 2022 with below contraction: C1: -20% C2: -5% C3: -7% Volume seen to enter in 3 phases (Sep, Begin of Nov and End of Nov). Something definitely brewing. MASTER already fly high. Will PPHB follow next? Breakout on 29th Nov and pull back to re-test the previous resistance as support. My previous VCP setup sharing was SFPTECH. Can refer to...
MASTEEL double bottom spotted on the left (red box) experiencing downtrend stage 4 for more than 500 days. Huge volume spotted since Nov 2022 and chart reversal from stage 4 to stage 2. VCP setup on the right (green box) for more than 2 months with contraction below: C1: -20% C2: -13% C3: -6% Price breakout on 26th Jan and experiencing a pullback to re-test the...
PECCA appear in the screener and look at this huge base >600 days VCP setup. C1: -44% C2: -16% C3: -3% QR yet to released, based on the early volume and price movement, expected good QR that will be released on 27th or 28th. Let's see if pull back after QR for better entry point or not. Anyone spotted this stock too? Disclaimer: Information presented here is...