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SOP TRADE IDEA On the 4hr chart, price broke out of the downtrend with significant volume and pulled back into a weekly support zone at around 4.52. Looking at the Anchored Volume Profile's delta, there's quite big and heavy selling at the zone. However the zone not only holds, but printed a hammer candle. This indicates buyers are absorbing the sell orders and and are willing to defend that level. The hammer candle on the 1hr chart marks our entry. Stops is around 1 ATR below the lows and TP is before the high.
MYX:SOPLong
by ikafrs
NATGATE TRADE IDEA On the 4hr chart, price retraced to around 0.8 zone which acted as a weekly resistance in the past few weeks. It's also a zone where the Value Area Low is at meaning that buyers are probably going to defend that level and cause the price to increase since its considered cheaply priced. Price retraced to the zone from the Value Area High with decreasing volume indicating there's a decrease in sellers participating to push the market lower. The candles on the downside move also dont have big red bodies showing that sellers dont have that big of a strength. Dropping to the 1hr chart, a double bottom formed at the zone and the green candle at the second bottom indicates our entry. Stops is around 1 ATR below the lows and aim for a 2:1 RR.
MYX:NATGATELong
by ikafrs
GCB - Bullish continuation setupPrice has broken out of the prior consolidation and is now holding above the Kumo (bullish shift). Future Kumo turning green (supportive trend). Pattern Confluence (Strong Bullish Case) Cup bottom ~ 0.68-0.70 Rim resistance ~ 0.95-1.00 If breakout and stay above 1.05 confirming the bullish bias. N wave with E, V, N & NT projection. Price is currently testing V/E zone A clean break above E (~1.00) confirms N wave continuation. N is immediate support at 0.935. Price to stay above N to confirmed the bullish continuation. Bullish bias as long as price stay above 0.935 - 0.875. A close back below the breakout zone would weaken the setup. Trading idea Aggressive entry: on a small pullback near 0.935–0.945 Safer entry: wait for a clean close above 0.960 Stop loss: below 0.875 (or tighter below 0.935 if you want a shorter leash) Targets: T1: 0.960 T2: 0.995 T3: 1.05 if momentum continues T4: 1.10-1.15 (extension) T5: 1.20+ (full cup & handle projection) Stop loss: S1: 0.95 S2: 0.93 Bearish/Failure scenario Watch for Rejection at 1.00 with strong selling Break below 0.93 (N level) If that happens: Price may retrace to 0.875 (NT lower support Possibly 0.85 zone. Notes: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:GCBLong
by mg6112
IOICORP TRADE On the 4hr chart, price broke a multi-month resistance thats been tested multiple times with significantly high volume. It then pulled back into the resistance turned support zone at around 4.05 which coincidentally is the value area low for the anchored volume. This indicates that there were large orders placed at that price and the big money are willing to defend it. On the second low of the double bottom that formed at the zone, theres a hammer candle with a long wick to the downside (possibly to capture liquidity) forming. That marks our entry. Stops is 1 ATR below the low and aim for 1.8:1 rr ratio although could possibly aim higher since its a reversal trade.
MYX:IOICORPLong
by ikafrs
SIMEPROP - Potential bullish momentumIchimoku Cloud Posture: Bullish Support The price is actively trading above the Kumo, confirming that the broader trend remains bullish. The recent pullback to point (C) perfectly aligned with the top of the Kumo. The Kumo successfully acted as dynamic support, rejecting downward momentum and initiating the current bounce. Ascending Triangle Pattern: Accumulation Phase Higher Lows: The solid orange upward-sloping trendline connects the primary swing low at (A) to the recent higher low at (C). This illustrates consistent buying pressure, as market participants are willing to step in at progressively higher prices. Horizontal Resistance: The top of the triangle is formed by the previous swing high at point (B), resting right around the 1.58 level. The compression between the rising support and this horizontal resistance creates a classic ascending triangle, typically considered a bullish continuation pattern. N-Wave Projection: Assuming the projected upside targets NT - 1.58 V - 1.73 N - 1.75 Price to maintained above NT level to confirm the bullish continuation. Aggressive/Current Entry: Entering near current prices (1.49) capitalizes on the bounce off the (C) level and the Ichimoku cloud, offering a favorable risk-to-reward ratio before the breakout occurs. Conservative/Confirmation Entry: Wait for a decisive daily candle close above the horizontal resistance at 1.58 (point B) to confirm the ascending triangle breakout. Place an SL just below the recent swing low at point (C) and the ascending orange trendline (roughly around the 1.35 level). A break below this structure would invalidate both the ascending triangle and the bullish N-wave pattern, plunging the price back inside the Ichimoku cloud. The chart looks constructively bullish, with an ascending triangle and bullish Ichimoku structure supporting the view that a break above 1.57–1.58 could trigger an N-wave continuation toward 1.73–1.75. Notes: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:SIMEPROPLong
by mg6112
KOSSAN - BREAKOUT DOWNTREND LINEThe price broke above the downtrend line with a strong bullish candle and volume spike, showing buying pressure. However, it is now testing the lower Kumo boundary, which acts as immediate resistance around 1.28–1.30. If price can sustain above the Kumo, this would confirm a trend reversal. Tenkan-sen > Kijun-sen, indicating short-term bullish momentum. Both lines are starting to turn upward, showing early signs of a trend shift. The Chikou Span is crossing the price candles, signaling an early bullish transition but still below the Kumo — caution is needed until it clears the cloud. Notes: 1. Analysis for education purpose only. 2. Trade at your own risk. A significant volume surge accompanied the breakout, confirming accumulation activity. Current pullback on lower volume suggests profit-taking rather than reversal. Immediate resistance: 1.28–1.30 (lower Kumo boundary). Next resistance: 1.38–1.40 (top of Kumo). Support: 1.18 (trendline retest) and 1.10 (recent low base). Kossan Rubber shows an early-stage bullish reversal setup. The breakout above the long-term downtrend with volume is a strong technical signal, but the Kumo resistance (1.28–1.38) must be cleared for a sustained uptrend. A successful retest around 1.20–1.25 could offer a good risk-reward entry toward 1.38–1.50. False breakouts are common near trendlines and cloud boundaries; confirmation via volume and subsequent closes is essential.
MYX:KOSSANLong
by mg6112
SSB8 - Potential price movementThe chart is trying to build a double bottom at 0.540–0.545, and the A-B-C structure supports an N-wave projection toward 0.590. If price can break and hold above the 0.585–0.595 neckline, the pattern would strengthen and the NT projection toward 0.630–0.640 becomes a realistic technical objective. The bullish structure is not confirmed yet. Price is still below an important descending resistance line and close to Kumo overhead resistance. If 0.540–0.545 fails, the double bottom is compromised, and the bullish projection becomes much less reliable. Critical support: 0.540–0.545 Near resistance: 0.565 Confirmation / neckline: 0.585–0.595 N projection: ~0.590 NT projection: 0.630–0.640 Bullish Reversal (Early) Price holds 0.540–0.545 and rebounds above 0.565. Reversal attempt becomes stronger, but still not fully confirmed. Bullish Confirmation Price breaks and closes above 0.585–0.595. Opens path toward N projection ~0.590, then higher. Bullish Continuation / NT Scenario Price holds above neckline and continues upward with momentum. Upside extension toward NT zone 0.630–0.640 becomes possible. Neutral / Sideways Price holds support but fails to break 0.565–0.595. Market is still undecided; pattern remains incomplete. Bearish Invalidation Price breaks below 0.540–0.545 and cannot recover. Double-bottom structure weakens or fails. Pattern is invalidated, downside risk increases. Bearish Breakdown Confirmation Price closes below support and retest fails under 0.540–0.545. Support may turn into resistance. Chart shifts from reversal attempt back into weakness Notes: 1. Analysis for education purpose only. 2. Trade at your own risk.
MYX:SSB8Long
by mg6112
HI Mobility (5335) - continuation setup backed by fundamentalsFrom a technical angle, HI Mobility looks like it is attempting a continuation after a strong uptrend. What makes the setup interesting is that the chart is not moving in isolation; the fundamentals are also starting to support the move. HI Mobility is essentially a public transport and mobility operator through Handal Indah, with exposure to cross-border and local bus services. Its business is supported by fleet assets, depots, and digital infrastructure, with services spanning scheduled buses, chartered buses, airport shuttle, BAS.MY routes, bus advertising and rental services. The group’s core positioning is in Malaysia-Singapore mobility, especially Johor-Singapore cross-border demand, which remains a structural theme as daily movement between both countries continues to normalise and expand. The latest full-year numbers show clear earnings momentum. For FY ended Jan 2026, revenue came in at RM317.69m, up from RM279.82m a year earlier, while net income rose to RM56.47m from RM43.76m. EPS improved to 11.48 sen from 8.75 sen, showing that growth is flowing through to shareholders rather than only appearing at the topline. What I like is the quality of the earnings profile. Revenue has grown consistently over the past few years; from RM31.47m in FY2022 to RM317.69m in FY2026; and the most recent year still delivered 13.53% revenue growth, despite coming off a much larger base. There is also an element of earnings visibility. Research notes have highlighted HI Mobility’s scalable model, sizeable fleet base, and expansion potential across new contracts and states. Kenanga also noted that the group operated 683 buses and 4 depots as of Feb 2025, with 53 electric buses already deployed since 2023, supporting both capacity expansion and the longer-term sustainability angle. From a business model perspective, the key upside would come if more contracts move toward a gross-cost model, where the operator earns fixed fees based on vehicle-kilometres operated. This could reduce ridership and fare-risk exposure while improving cash flow visibility. Dividends also add to the story. The company declared a fourth interim single-tier dividend of 1 sen per share for FY2026, reinforcing that management is already returning cash to shareholders post-listing. At the latest quoted price of around RM2.30, the market is clearly no longer valuing HI as a cheap IPO recovery name; it is now pricing in growth and execution. That means the setup needs earnings delivery to continue. The key risks are contract renewals, ability to secure new routes, driver/labour constraints, fuel and maintenance costs, and any slowdown in ridership demand. Overall, I see HI Mobility as a technically strong continuation candidate with a fundamental story that is still intact: growing revenue, improving earnings, dividend visibility, public transport exposure, and potential structural tailwinds from Johor-Singapore mobility demand. Not a buy call; just a stock worth keeping on the watchlist while the trend and earnings momentum remain supportive.
MYX:HILong
by razakamirulariff
Technical Analysis — (MCEMENT) - 17 May 2026Overall Market Structure Based on the chart provided, MCEMENT remains in a medium-term bullish structure despite recent volatility. The stock has successfully rebounded from the major support zone around RM5.80–RM6.00 and is currently forming a higher low + ascending channel pattern. The current setup suggests: The market is attempting another bullish continuation wave. Bullish Recovery Structure The chart clearly shows: Higher lows being formed Recovery from strong support Ascending price channel Momentum stabilization after correction This indicates: Buyers are gradually regaining control. If price respects the lower trendline support: continuation toward RM7.60 then RM8.20–RM8.60 becomes increasingly possible. Breakout Confirmation A strong breakout above: RM7.40–RM7.60 with volume expansion could trigger: momentum buying institutional participation trend continuation Potential upside targets: RM8.20 RM8.60 RM9.00+ The projected structure on your chart suggests a possible acceleration phase if breakout confirmation occurs.Fundamental & Sector Narrative MCEMENT benefits from several macro themes: 1. Infrastructure & Construction Cycle Malaysia’s infrastructure spending remains supportive for: cement demand construction materials industrial projects Potential beneficiaries include: highways data centers industrial parks public infrastructure developments 2. Pricing Power Improvement Cement players have recently shown: stronger pricing discipline improving margins better cost management If energy costs stabilize: earnings recovery may strengthen further. Risks & Threats 1. Resistance Zone Still Active RM7.40–RM7.60 remains a critical resistance area. Failure to break this zone may lead to: sideways consolidation short-term pullback profit-taking pressure 2. Construction Sector Volatility The stock remains sensitive to: government project execution economic slowdown raw material cost fluctuations diesel & energy prices Any slowdown in infrastructure spending could affect sentiment. 3. Breakdown Risk If price fails to hold: RM7.00 then RM6.60 the bullish channel structure may weaken significantly. Major downside support remains: RM5.80–RM6.00 For Investors MCEMENT appears suitable as: a construction/infrastructure recovery play medium-term cyclical exposure trend-following setup Current structure suggests: accumulation may still be ongoing before the next expansion phase. Conclusion MCEMENT currently displays: ✅ Bullish recovery structure ✅ Ascending channel support ✅ Higher low formation ✅ Potential breakout setup However, confirmation is still needed above RM7.60 before stronger upside momentum toward RM8.50–RM9.00 can develop. At the current stage: The stock remains in a constructive bullish setup, but still within a confirmation zone.
MYX:MCEMENTLong
by mustaqim.mazuky
PCHEM Technical & Fundamental Analysis (17 May 2026)Based on the chart provided, PETRONAS Chemicals Group Berhad (PCHEM) appears to be entering a potential long-term recovery and trend reversal phase after experiencing a prolonged bearish cycle from its all-time high near RM11.12. The stock has shown strong rebound characteristics from the RM2.76–RM3.00 bottom region and is currently attempting to establish a new bullish structure. Current Technical Outlook PCHEM has successfully: Broken above RM3.70 Formed higher lows Reclaimed the RM5.00 region Created early signs of bullish momentum recovery This suggests: The stock may be transitioning from a long-term downtrend into an accumulation and recovery phase. arnings Recovery Narrative Several analysts expect PCHEM’s earnings to improve in FY2026 after a weak FY2025. Key recovery drivers include: Better petrochemical selling prices Improved plant utilization Margin normalization Recovery in global industrial demand Some projections suggest FY2026 profitability could improve substantially if chemical spreads stabilize. Energy & Oil Price Support PCHEM remains highly correlated with: Crude oil prices Petrochemical spreads Methanol and olefins pricing If oil prices remain firm and global energy demand improves, sentiment toward petrochemical counters may strengthen further. Bullish Scenario If PCHEM: Holds above RM5.15 Breaks RM6.16 with volume Sustains higher lows Then momentum could accelerate toward: RM7.11 RM8.00+ RM10–RM12 longer term Bearish Scenario If price fails to defend: RM5.15 RM3.70 support Then downside retracement risk increases toward: RM3.00 RM2.76 support zone This would invalidate the current recovery structure PCHEM may suit investors looking for: Recovery plays Cyclical turnaround opportunities Medium to long-term capital appreciation However, position sizing and patience remain important due to sector volatility. Key focus areas: Breakout confirmation above RM6.16 Volume expansion Momentum continuation candles Institutional buying activity Current setup can be classified as: “High-risk, high-reward recovery setup.”
MYX:PCHEMLong
by mustaqim.mazuky