Wave Watch: PENTA Eyes RM5.15- PENTA is in the middle of a 5-wave uptrend — wave (5) still in progress.
- RM5.15 is the projected target if wave (5) extends.
- Current price: RM3.59, showing signs of slowing.
- RM2.89 is the invalidation level — below this, the wave count fails.
- Chart shows possible sideways move before trend continues.
MALAKOF Weekly Chart: Bullish Structure with Key Invalidation📈 Wave Structure Overview
• The chart shows a completed corrective phase, likely Wave A or 1, followed by a clear impulsive sequence: (1), (2), (3), (4), (5).
• Within that impulse, sub-waves 1–5 are well-defined, suggesting a strong Wave (3) extension — typically the most powerful leg in an Elliott sequence.
• The current price action around MYR 0.945 appears to be in the final stages of Wave (5), or possibly transitioning into a larger Wave 3 or C, depending on your primary count.
🛡️ Inval
GAMUDA - Leading stock in CONSTRUCTION SECTORGAMUDA - CURRENT PRICE : RM4.97
Based on Japanese Candlestick , 30 April 2025 candle was a LONG CLOSING BOZU WHITE CANDLE . At that particular moment, it changed the trend from BEARISH to BULLISH because :
1) Price already above EMA 200 and closed on that day above EMA 50
2) Price closed into ICHIMOKU CLOUD
3) CHIKOU SPAN starts moving above CANDLESTICK
4) MACD also bullish
At current moment, after two days of selling pressure the share price turns positive today and closed higher than previ
MTEC - Breakout Sideways MTEC - CURRENT PRICE : RM1.15
MTEC broke out nearest resistance RM1.14 and closed as solid bullish candlestick at RM1.15. The volume was higher than previous day indicating strong buying interest. This bullish momentum may propel the share price higher in the upcoming session.
ENTRY PRICE : RM1.15
TARGET : RM1.25
SUPPORT : RM1.08
DESTINI - Looking for a potential price movement.N wave with V, N & NT projection.
The chart shows a bullish correction starting after a prior downtrend, with the current price around 0.470.
Price is trading above the Kumo, suggesting a bullish bias is developing. The Kumo shows support below the current price, with potential for upward momentum.
Currently testing the NT level at 0.475, which acts as immediate resistance. If Price break and stay above this level convincingly, it might aim for higher targets (N and V).
Volume has been variable,
WCT, Front runner of ECRL-Port Klang extension.C : Front runner of ECRL-Port Klang extension.
E : Masih dalam fasa keuntungan + AR lepas increasing. Order book forcasted to be increasing this year.
V : FV analysts minima RM0.96, MIDF. RM1 ke atas other banks. PE kasar 4.7.
W : Breaking out from BUA.
I : Currently ada. Tapi tak dapat cari transaction yg latest.
T : Buy BO BUA, cut loss bila price invalidate the structure.
WCT, front runner of ECRL-Port Klang extension.C : Front runner of ECRL-Port Klang extension.
E : Masih dalam fasa keuntungan + AR lepas increasing. Order book forcasted to be increasing this year.
V : FV analysts minima RM0.96, MIDF. RM1 ke atas other banks. PE kasar 4.7.
W : Breaking out from BUA.
I : Currently ada. Tapi tak dapat cari transaction yg latest.
T : Buy BO BUA, cut loss bila price invalidate the structure.
KIMLUN - DMI and RSI shows BULLISH SIGNAL KIMLUN - CURRENT PRICE : RM1.31
KIMLUN is in an uptrend for medium term as the price is making higher high and higher low. Supported by positive readings in technical oscillators such as DMI (+DI is above -DI) and RSI (above 50), it increases the bullish scenario. At current price trading near SMA 20, there is possibility for price reach upper band in bollinger bands indicator. Nearest support will be RM1.24 (-5.34%) and 1st target will be RM1.41 (+7.63%).
ENTRY PRICE : RM1.30 - RM1.31
TARGET
GCB - Near 52 Week LowGCB - CURRENT PRICE : RM1.13
GCB is in a downtrend as the highs and lows both getting low. The stock is near 52 Week Low. However, the stock may rebound higher for short term as there is a bullish divergence in RSI. Price is making lower low while RSI making higher low. Rising in RSI reading indicating there is slightly bullish momentum picking up. Aggressive trader may anticipate for buying with tight stop loss level.
ENTRY PRICE : RM1.13
TARGET : RM1.20 (+6.30%)
SUPPORT : RM1.10 (-2.65)
IJM movement had spoken### Technical Analysis of IJM Corporation Berhad (IJM)
**As of July 29, 2025**
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#### **1. Trend Analysis**
- **Current Price Trend**:
- IJM is in a **bullish trend** on the medium-to-long-term timeframe.
- Key observations:
- **Higher Highs & Higher Lows**: The stock has consistently formed higher peaks and troughs over the past 6 months, indicating sustained buying pressure.
- **Moving Averages**:
- **50-day EMA**: Acting as dynamic support (e.g., ~RM 2.20
CYPARK - 52 WEEK HIGH CYPARK - CURRENT PRICE : RM0.925
CYPARK made a NEW 52 WEEK HIGH on 26 JUNE 2025. It also breakout a significant down trendline - indicating strong bullish momentum. Nearest target will be the measurement of flag pattern price target which is RM0.980. Then if it continues to rise, RM1.02 will be second target. Stop loss level is RM0.850.
ENTRY PRICE : RM0.920 - RM0.930
TARGET : RM0.980 and RM1.02
STOP LOSS : RM0.850
UUE - Potential hit All Time High ?UUE - CURRENT PRICE : RM0.870
The downtrend from January 2025 to April 2025 had changed to uptrend after the stock broke out the descending channel. Take note that there was a bullish divergence in MACD before the breakout of channel.
ICHIMOKU CLOUD traders may take note that the KIJUN SEN is rising steadily and CHIKOU SPAN also moving above candlesticks - indicating stock is uptrending. Today's closing price is higher than previous day's close suggesting a bullish breakout buy signal. A clos
LCTITAN - The LOW is getting HIGHER !LCTITAN - CURRENT PRICE : RM0.470
The stock made a HIGHER LOW recently - this may consider as a half portion of new uptrend is completed. A breakout above RM0.630 will form the higher high structure - which confirm the new uptrend phase.
For short term trading purposes, short term traders may anticipate to buy if the stock breakout nearest resistance of RM0.520 - which will give an entry point at RM0.525. So this is a pending breakout stock. Nearest target will be RM0.580 and RM0.620. Take not























