MN HOLDINGS - CURRENT PRICE : RM1.52
Company profile : MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
TECHNICAL VIEW :
MN Holdings is currently in a healthy medium-term uptrend and has pulled back to a high-probability support zone.
Why this setup looks attractive:
1️⃣ EMA 200 Reversal Zone
Price is trading near the EMA 200, which has acted as a strong dynamic support previously (green highlighted area). Past pullbacks to this level have led to rebounds.
2️⃣ Volume Expansion
Recent candles show higher trading volume (look at red arrow), suggesting institutional interest / strong participation near support — often seen before a price rebound.
3️⃣ RSI at Oversold Area (~30)
RSI is currently in the oversold zone. Historically, every time RSI reached this level, price rebounded higher (look at orange circles). This increases the probability of a technical bounce.
Trade Plan (Swing Setup):
🟢 ENTRY PRICE : RM1.50 - RM1.52
🎯 Target 1: EMA 50 around RM1.66
🎯 Target 2: Previous resistance near RM1.80
🛑 Invalidation / Support: RM1.40 (strong horizontal support)
Summary : Price is resting near strong support (EMA 200 + horizontal support), selling pressure looks exhausted (oversold RSI), and buyers are stepping in (high volume). This creates a favourable risk–reward setup for a technical rebound.
📌 Always manage risk and follow your trading plan. This is a technical view, not financial advice.
Company profile : MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
TECHNICAL VIEW :
MN Holdings is currently in a healthy medium-term uptrend and has pulled back to a high-probability support zone.
Why this setup looks attractive:
1️⃣ EMA 200 Reversal Zone
Price is trading near the EMA 200, which has acted as a strong dynamic support previously (green highlighted area). Past pullbacks to this level have led to rebounds.
2️⃣ Volume Expansion
Recent candles show higher trading volume (look at red arrow), suggesting institutional interest / strong participation near support — often seen before a price rebound.
3️⃣ RSI at Oversold Area (~30)
RSI is currently in the oversold zone. Historically, every time RSI reached this level, price rebounded higher (look at orange circles). This increases the probability of a technical bounce.
Trade Plan (Swing Setup):
🟢 ENTRY PRICE : RM1.50 - RM1.52
🎯 Target 1: EMA 50 around RM1.66
🎯 Target 2: Previous resistance near RM1.80
🛑 Invalidation / Support: RM1.40 (strong horizontal support)
Summary : Price is resting near strong support (EMA 200 + horizontal support), selling pressure looks exhausted (oversold RSI), and buyers are stepping in (high volume). This creates a favourable risk–reward setup for a technical rebound.
📌 Always manage risk and follow your trading plan. This is a technical view, not financial advice.
Zlecenie aktywne
Hit first target at RM1.66 on 10 FEB 2026.Transakcja zamknięta: osiągnięto wyznaczony cel
Hit second target at RM1.80 on 18 MARCH 2026.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.