Page 31 | Ideas and Forecasts on Stocks — Malaysia — TradingView

MYEG will be Sideways for a while Looking at the chart for MY E.G. Services Berhad, here's my analysis: Current Price Action: - Trading at RM0.965, up 0.52% - Currently in a complex corrective pattern - Price consolidating above moving averages Elliott Wave Analysis: - Completed waves (i) through (iv) - Currently in wave (v) with ABC correction - Key levels: * Wave (a) support at RM0.930 * Wave (b) resistance at RM0.975 * Wave (c) target potential at RM0.940 Technical Levels: 1. Support: - Strong support at RM0.930 (0.382 Fibonacci) - Secondary support at RM0.870 (0.618 Fibonacci) - Moving average support around RM0.950 2. Resistance: - Immediate resistance at RM0.975 - Major resistance at RM1.00 (psychological level) - Previous wave high at RM0.990 Pattern Analysis: - Forming a complex correction pattern - Higher lows indicating underlying strength - Volume profile showing accumulation Trading Considerations: - Watch for break above RM0.975 for bullish confirmation - Stop loss could be placed below RM0.930 - Risk/reward favorable for long positions - Volume increasing on recent moves

by pengamalgelombang

HARTA finished making wave 4?Looking at the chart for Hartalega Holdings Berhad, here's my analysis: Current Price Action: - Trading at RM3.65, up 3.40% - Recently pulled back from wave iii peak - Price holding above key moving averages Elliott Wave Analysis: - Completed waves i through iii - Currently in wave iv correction - Wave v target projected around RM4.08 Key Technical Levels: 1. Support: - Strong support at RM3.54 (0.382 Fibonacci) - Secondary support at RM3.39 (0.5 Fibonacci) - Critical support at RM3.23 (0.618 Fibonacci) 2. Resistance: - Immediate resistance at RM3.76 - Major resistance at RM4.08 (wave v target) - Previous high around RM4.00 Financial Events: - September 2024: MYR-14.633M (-152.96%) - June 2024: MYR27.628M (+223.48%) - March 2024: MYR-22.374M (-68.23%) Trading Considerations: - Wave iv correction appears nearly complete - Volume profile supporting potential reversal - Risk/reward favorable for long positions - Stop loss could be placed below RM3.39

by pengamalgelombang

GCB wave 3, should enter before this Looking at the chart for Guan Chong Berhad, here's my analysis: Current Price Action: - Trading at RM4.11, up 5.12% - Currently in an uptrend following bottoming pattern - Price above all major moving averages Elliott Wave Analysis: - Completed waves i through iv - Currently in wave v of the upward move - Potential target around RM4.32 (wave v projection) Key Technical Levels: 1. Support: - Strong support at RM3.68 (0.382 Fibonacci) - Secondary support at RM3.48 (0.5 Fibonacci) - Critical support at RM3.29 (0.618 Fibonacci) 2. Resistance: - Immediate resistance at RM4.26 (recent high) - Major resistance at RM4.32 (wave v target) - Previous high around RM4.40 Financial Events: - September 2024: MYR-436.425M (-6.41%) - June 2024: MYR-410.132M (+40.40%) - March 2024: MYR-688.184M (-129189.60%) Trading Considerations: - Strong upward momentum - Volume confirming price action - Risk/reward favorable at current levels - Stop loss could be placed below RM3.68

by pengamalgelombang

MYEG This Weekly FORECAST Opportunity for MYEG. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.

NOTION This Weekly FORECAST Opportunity for NOTION. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.

Ytlpwr, pullback in making?YTLPWR is showing a strong bearish signal as the RSI, MACD, and even the Moving Averages (MA) lines have all formed a death cross. This pattern suggests a high probability of further downward movement. Investors should remain cautious and closely monitor the next price actions to navigate the potential volatility ahead. The markets took a sharp dive today, with the red wiping out the gains painstakingly accumulated over the past week. Amid the turbulence, the winners were predominantly the big players — those with deep pockets and steady strategies. For the smaller players, it’s a sobering reminder that the market is not a place for pity but a battleground where knowing the rules and playing wisely are the keys to survival. In this high-stakes game, every move counts, and resilience often separates those who thrive from those who merely survive. Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.

ANCOM Buy indicator. Swing trading idea.ANCOM financial healthy. . EBITA is positive over 5 years. MACD is on up trend. Up coming QR report is on 13 Jan 2025. Buy at 1.02. Profit taking at 1.10.

HAWK, still can fly?Currently, the price is trailing below both the Moving Average (MA) lines, which indicates a bearish trend. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) have also formed a death cross, signaling potential downward momentum. Should the price dip below RM0.440, it could signal an even steeper decline and suggest a challenging market environment ahead. We cannot control how much we win. But we can control how much we lose. Focus on what you can control! Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.

SKYGATE testing MA200 and rebound Looking at the chart for Skygate Solutions Berhad, here's my analysis: Current Price Action: - Trading at RM1.03, up 6.19% - Strong breakout from downtrend - Price moving above all major moving averages Technical Analysis: 1. Support/Resistance: - Major support at RM0.900 - Stop loss level at RM0.130 (12.62% risk) - Resistance around RM1.04 (recent high) 2. Trading Setup: - Target price: RM1.26 - Risk/Reward ratio: 1.73 - Position size suggestion: 1538 shares - Good volume confirmation on breakout Key Financial Events: - September 2024: MYR12.577M (+24.29%) - June 2024: MYR10.119M (+170.49%) - September 2024: MYR3.583M (-1032.07%) Volume Analysis: - Recent volume spike supporting breakout move - Above average volume indicating strong buying interest - Money flow indicator turning positive Trading Considerations: - Breakout from downtrend confirmed - Moving averages beginning to turn upward - Strong momentum with volume support - Clear risk/reward parameters established

by pengamalgelombang

WASCO long time no see Looking at the chart for Wasco Berhad, here's my analysis: Current Price Action: - Trading at RM1.15, up 8.49% - Breaking out from recent consolidation - Price testing key moving average resistance Key Technical Levels: 1. Support: - Major support at RM0.960 (recent low) - Stop loss level identified at RM0.190 (16.52% below) - Support zone around RM1.00-1.05 2. Resistance: - Immediate resistance at RM1.15 (current level) - Target price at RM1.51 (31.30% upside) - Risk/Reward ratio: 1.89 Volume Analysis: - September 2024: MYR109.098M (-30.54%) - June 2024: MYR157.061M (+751.44%) - Recent volume supporting breakout attempt Notable Events: - September 2024: MYR23.683M (-46.66%) - March 2024: MYR101.085M (-2531.5%) - Showing signs of business improvement Trading Setup: - Entry around current levels (RM1.15) - Stop loss at RM0.960 - Target at RM1.51 - Position sizing suggestion: 1052 shares

by pengamalgelombang

RESINTC Tight price action TF1H EMA 7 & 21 TF1WEEKLY ABOVE EMA 7 52 WH 4.06% ATH

Simeprop BullBear AlgoSystem has identified potential bullish momentum. Trading plan as below: 🛟 Support: 1.45 🛑 Stop Loss (SL): 1.38 ✅ Idea Entry: 1.73 🎯 Target Price (TP1): 2.08 🎯 Target Price (TP2): 2.43 Trading success is 80-90% about risk management. Stay disciplined, size your positions wisely, and stick to your plan. May the trend be with you! 🎉

by UnknownUnicorn34694209

DAYANG may signal end of Oil Slump Looking at the chart for Dayang Enterprise Holdings, here's my analysis: Current Price Action: - Trading at RM2.21, down 1.34% - Moving averages in bearish alignment: * SMA 10: 2.30 * SMA 20: 2.22 * SMA 50: 1.95 * SMA 200: 1.67 Elliott Wave Analysis: - Currently in wave (iv) of a larger correction - Complex correction pattern with multiple abc waves - Key support level at RM1.96 needs to hold Technical Structure: 1. Support Levels: - Critical support at RM1.96 (red dashed line) - Moving average support at RM1.95 (50 SMA) - Major support at RM1.67 (200 SMA) 2. Resistance Levels: - Immediate resistance at RM2.42 - Secondary resistance at RM2.80 (previous high at point b) - Volume resistance zone around RM2.60 Notable Financial Events: - September 2024: MYR234.368M (+625.17%) - June 2024: MYR32.319M (+203.95%) - Net income showing improvement: MYR222.267M (-14.02%) Trading Considerations: - Currently in consolidation phase - Watch for break above RM2.30 for bullish confirmation - Stop loss could be placed below RM1.96 - Volume (5.82M) showing decent market participation

by pengamalgelombang

WCT is in wave 3 Looking at the chart for WCT Holdings Berhad, here's my analysis: Current Price Action: - Trading at RM1.00, down 2.91% - Currently in consolidation after recent breakout - Price above key moving averages indicating bullish trend Elliott Wave Analysis: - Completed waves I through IV - Setting up for wave V move higher - Wave V target projected around RM1.31 Key Technical Levels: 1. Support: - Strong support at RM0.790 (wave IV low) - Secondary support at RM0.875 (previous resistance turned support) - Moving averages providing dynamic support around RM0.95 2. Resistance: - Immediate resistance at RM1.06 (recent high) - Major target at RM1.31 (wave V projection) - Psychological level at RM1.00 Notable Events: - September 2024: MYR-52.818M (-17.93%) - June 2024: MYR-44.786M (-203.75%) - MYR200.374M (-423.57%) significant movement in September Trading Considerations: - Currently testing support at moving averages - Stop loss could be placed below RM0.90 - Risk/reward favorable for wave V target - Volume profile showing potential accumulation

by pengamalgelombang

UEMS in wave 3 Looking at the chart for UEM Sunrise Berhad, here's my analysis: Current Price Action: - Trading at RM1.16, up 9.43% - Strong breakout from recent consolidation - Price moving above all major moving averages Elliott Wave Analysis: - Completed waves I through IV - Currently in early stages of wave V - Wave V target projected at RM1.38 (1.618 Fibonacci level) Key Technical Levels: 1. Support: - Strong support at RM0.92 (wave IV low) - Secondary support at RM1.05 (recent consolidation base) - Moving averages providing dynamic support 2. Resistance: - First resistance at RM1.29 (1.272 Fibonacci) - Major resistance at RM1.57 (2.272 Fibonacci) - Previous high around RM1.38 (1.618 Fibonacci) Volume Analysis: - September 2024: MYR25.914M (+124.51%) - June 2024: MYR-105.723M (-245.80%) - Recent volume spike supporting breakout move Trading Considerations: - Breakout confirmed with volume - Stop loss could be placed below RM1.00 - Risk/reward favorable for wave V target - Momentum indicators showing strong buying pressure

by pengamalgelombang

CORAZA - PENDING BREAKOUT ?CORAZA - CURRENT PRICE : RM0.570 On 27 NOVEMBER 2024, an extended long white real body candlestick gapped higher on the opening and closed at near the session's high. This tall white candle confirmed an important breakout from down trendline. Then the stock continue its upside movement. On 31 DECEMBER 2024, the stock hit intraday high at RM0.575 and closed RM0.570. RM0.575 may considered as immediate resistance level as the share price touched this level three times. A breakout above RM0.575 may propel the share price higher in the upcoming session. As such, technically if the stock made a breakout above RM0.575, I would buy this stock. My entry price will be RM0.580/RM0.585. ENTRY PRICE : RM0.580/RM0.585 TARGET PRICE : RM0.625 STOP LOSS : RM0.545 (the low of 31 DECEMBER 2024) TAYOR !

UEMS (5148) - Property UEMS - Current price : RM1.08 Fundamentally broker house RHB Investment BHD give a target price of RM1.60 (19 OCT 2024 reports). The research house expect demand for property will continue to be driven by : i) Better economic growth outlook, ii) Influx of foreign and domestic direct investments iii) Return of tourist arrivals iv) Easing of the Malaysia Second Home programme v) Major instructure developments Technically there is a Falling Window (Gap Down) on 01 Aug 2024. As such, it may acts as a strong resistance. A breakout above that Falling Window resistance level RM1.10, may propel the share price towards RM1.20 and RM1.28 (52 Weeks High). Based on ICHIMOKU, price manage to trend higher above CLOUD and CHIKOU LINE crosses up the cloud. This two scenario added more the BULLISHNESS outlook for the stock. Lets monitor closely ! A breakout above RM1.10 , will trigger a buy signal. Entry price at RM1.11 and our support will be EMA 50.

MAHSING ATH RM2.25 IN 2025? Look strong to move up this year. but you have to monitor rm1.97 with volume you got price 1.70-1.80 is very nice 3/1/2025 charting - asyraf

by asyrafazmi13

SNS IDEAS I hope people dont chase the price. i strongly will wait the retracement 560-580 but for the short term trader will play within 650-700 This counter is on my best watchlist

by asyrafazmi13

DNEX- "Last Dance Bottom"W pattern + Fibo prediction as per chart on Daily timeframe.Base on technical analysis it would become to turn Bullish Factor.

by syamsulhakam89

PCHEM already factored in the NEGATIVES? window dressing Looking at the chart for Petronas Chemicals Group Berhad, here's my analysis: Current Price Action: - Trading at RM5.08, down 8.04% - Currently showing potential bottoming pattern - Below all major moving averages (SMAs 10, 20, 50, 200) Technical Analysis: 1. Moving Averages: - SMA 10: 5.47 - SMA 20: 5.56 - SMA 50: 5.61 - SMA 200: 6.32 - All MAs in bearish alignment suggesting strong downtrend 2. Volume Analysis: - Significant volume spike noted during recent selling climax - Volume: 19.15M shares - Recent buying interest emerging on volume Key Events: - September 2024: MYR1.426B (+174.76%) - June 2024: MYR519M (-50.85%) - Net income showing decline: MYR-657M (-5109.89%) in September Price Structure: - Long-term downtrend from RM6.60 levels - Recent selling climax followed by accumulation - Potential inverse head and shoulders pattern forming Trading Considerations: - Watch for break above RM5.40 for trend reversal - Support building around RM4.80 - Risk management crucial given high volatility - Need to see price back above moving averages for bullish confirmation

by pengamalgelombang

will MISC rebound after Window Dressing Looking at the chart for MISC Berhad, here's my analysis: Current Price Action: - Trading at RM7.08, up 1.29% - Currently testing key support level - Price below major moving averages suggesting bearish pressure Technical Analysis: 1. Support/Resistance: - Critical support zone around RM7.40 (highlighted in pink) - Major resistance at RM8.00-8.20 (recent peak) - Previous support at RM7.60 now acting as resistance 2. Moving Averages: - All moving averages trending downward - Price trading below all major MAs - Death cross formation (short-term MA below long-term MA) Volume Analysis: - September 2024: MYR1.024B (-8.29%) - Recent volume spike on selloff - Money flow indicator showing distribution phase Key Events: - June 2024: MYR1.254B (+564.28%) - March 2024: MYR188.7M (-85.66%) - Significant decline from recent highs around RM8.80 Trading Considerations: - Currently in downtrend - Key level to watch is RM7.40 support - Break below support could target RM7.00 - Need to see price back above MAs for bullish reversal

by pengamalgelombang

will AXIATA going forward 2025 due to Window dressing Looking at the chart for Axiata Group Berhad, here's my analysis: Current Price Action: - Trading at RM2.49, up 4.18% - Breaking out from recent resistance level - Price moving above all major moving averages Technical Analysis: 1. Support/Resistance: - Strong support zone around RM2.20-2.30 (highlighted in purple) - Previous resistance at RM2.40 now likely to act as support - Overhead resistance around RM2.60 (previous swing high) 2. Moving Averages: - All moving averages beginning to turn upward - Price recently crossed above all MAs - Potential golden cross forming (short-term MA crossing above long-term MA) Volume Analysis: - Recent volume spike supporting the breakout - September 2024: MYR2.379B (-14.97%) - Money flow indicator showing improving buying pressure Notable Price Events: - March 2024: MYR2.105B (-16.85%) - June 2024: MYR2.797B (+32.88%) - Consistent base formation over several months Trading Considerations: - Breakout above RM2.40 suggests bullish momentum - Stop loss could be placed below support at RM2.30 - Initial target at previous resistance RM2.60 - Risk/reward appears favorable at current levels

by pengamalgelombang