Page 37 | Ideas and Forecasts on Stocks — Malaysia — TradingView

SCGBHD MARKING UP A typical Re-Accumulation Pattern of Wyckoff Shcematic #2 Noticed that the supply reducing (Red Arrow) Lowest supply since then (Black Arrow) With a feather's weight in action, Trigger Bar out today Position today as attached Tight risk PUREWYCKOFF

PMBTECH - BOTTOM HAVE REACHED and POSSIBLE TREND CHANGING ?PMBTECH - Current Price : RM1.93 PMBTECH may had reached bottom as we can see in chart there is BULLISH DIVERGENCE in stochastic oscillator. Furthermore, the low is getting higher than previous low indicates some bullish scenario. In addition, based on ICHIMOKU CHARTS, CHIKOU SPAN manage to climb up above LEADING SPAN 1 (but still below LEADING SPAN 2 - means still inside CLOUD). And today share price is testing to move upward into CLOUD. Take note also that share price is trading above 50

MAHSING Break Out Technical Analysis Break out of Ascending Triangle Pattern Uptrend on the MACD volume Short Term Trading Wait for retest of Support Area ( White Zone ) and enter long once rebound from support area. TP on 2.16 ( 19.34% Gain ) SL on 1.67 ( 7.73% Loss ) Record Holding 0 Stock hold as of now.

by newbietrader_TZW

RCECAP : Short Term Stock Trading 3 Reason to Trade this stock Good Fundamentals Stock Trading in horizontal support zone & parallel uptrend Continues business growth since 2015 Short Term holding ( 3 months ) Expect for 12.34 % capital gain Record Holding 30 lots stock holding

by newbietrader_TZW

KERJAYA CONT MARK UP Typical Rising bottom Re-Accumulation type #2 Re-Accumulation Schematic , as previously introduced by Late Prof Hank Noticed supply since 21/10, getting absorbed **Red Arrow I like to initiate position around BUEC area, bcoz thats where momentum usually the highest. Thus position initiated as attached. Tight SL PureWyckoff

Simple13 Analysis for Long Term Investor Today’s strong price surge was likely driven by the recent quarterly earnings report, which the company has declared a third interim dividend, marking its highest annual dividend payout to date. This dividend announcement has likely attracted long-term investors, as evidenced by the substantial inflow of large transactions. Key Observations: High Volume but Limited Price Movement in 2nd Half: During the second half of today’s trading session, the stock didn’t move up much despite high volume, s

by Simple13_Trading

Simple13 Trading Idea After 76 days of consolidation between RM 4.90 and RM 5.60, this stock has finally broken out with high volume following its recent quarterly earnings report. While the report itself was not particularly impressive, the stock price has surged, suggesting that investors might be betting on improved performance in the next quarter. Trading Plan Entry Area: RM 5.77 to RM 5.40 Consider accumulating in this range, as it aligns with a favorable risk-to-reward setup. Take Profit Area: RM 5.77 to RM 7

by Simple13_Trading

PBA, potential upward signals Our algorithm has identified potential upward signals in the current market. Increased trading volume and prices above the EMA20 and EMA50 suggest a possible upward trend. 💡Trading idea dan plan: Entry:2.42 Target Price @TP1: 2.73 Target Price @TP2: 3.07 Stop Loss @SL: 2.09 (This trading plan is for reference only and may vary based on your entry point and risk tolerance.) Remember, trading strategies are just 10-20% of your overall success. The real key lies in effective risk

by UnknownUnicorn34694209

Engtex - Malaysian pipe supplier holding at support line Engtex Berhad, a Malaysian pipe supplier headquartered in Sungai Buloh, stands to benefit from the recent surge in pipe replacement projects across the country. The company may see higher sales volumes from the Rasau water supply scheme, Langat 2 water treatment plant, and the Perak-Penang water transfer scheme, which all use larger-diameter pipes. The share price is currently holding at the support line, with further confirmation required.

SP SETIA - SIDEWAYS with UPSIDE BIAS ?SP SETIA - Current Price : RM1.40 The stock is currently trading in sideways range. However, i considered it have a potential to UPSIDE movement as the price made a rebound yesterday after touching the 50-day EMA and price is also trading above ICHIMOKU CLOUD. Supported by technical indicator in RSI above 50 (bullish) and stochastic oscillator at oversold zone, a rebound to higher price is expected. Target Price : RM1.48 and RM1.54 Support : RM1.32 (17 OCTOBER 2024 lows) Notes : SP SETIA i

RCECAP - Consolidate + H&S chart pattern RCECAP - Consolidate since Feb 2024, making higher high all the time, H&S complete at RM1.69 if not drop the price lower than RM1.60. Entry RM1.66, SL RM1.60, Risk 3.6%, TP (Profit 10%) RM1.80. However, RM1.90 can take 80% profit 1st Hope my analysis is correct.

MAGNI Daily Chart - breakout H&S My analysis: 1) Weekly H&S failed to complete 2) Want to retest previous yearly (2019) high 3) Daily chart consolidate more than 5 weeks Manage my risk management, mean my SL. Don't not afraid that my analyst is wrong. Mistake makes perfect.

KIMLOONG - Breakout monthly high KMLOONG - breakout yearly high and if revert to breakout price, can entry at 2.52, SL 2.44, TP 2.68 It also breakout previous month high, pullback and continuous trend

EUPE (6815) - PROPERTY company EUPE just announce a profitable QR on 18 OCT 2024. And the prospect looks good. Technically , if price breakout RM1.16 , it will trigger a buy signal (ENTRY PRICE : RM1.17) and short term target will be RM1.25 - RM1.26

Simple13 Trading Idea Sector Update: The plantation index has been the strongest performing sector recently, showing resilience and upward momentum. Stock Pick: From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price. Current Price: RM 3.55 Trading Plan Entry Area: RM 3.55 to RM 3.30 Plan to start accumulating if the price dips into this range, which aligns with a fair risk-reward setup. Take Profit Area: RM 3.55 to RM 4.34 This target range offer

by Simple13_Trading

Taking short position as price are moving along the trendline My current take on this stock would be entering a short position(SELL) on price MYR 10.58 as it touches the trendline of past resistance point. Aside from that, my take on this entry is also due to the fact that this stock is currently making a downtrend movement and the last line of resistance have been retest twice. Hence, making it a high probability of breaking the resistance line on MYR 10.40

by LukeRoland_852001

Starting to Accumulate DUFU Stock DUFU recently reported a profit loss of RM 3.2M in its latest quarterly report. The main reason for this drop was a forex loss, which I believe is a short-term issue and doesn’t reflect DUFU’s core business health. Looking at some key financial data: Operating Income: Increased by 26.05% quarter-over-quarter, breaking its downtrend. Total Assets: Holding strong at over RM 400M (close to its peak of RM 447M). Free Cash Flow: RM 17.39M, which is solid and near its highest level of RM 18.66M. Fro

by Simple13_Trading

SOLARVEST Short-Term Trading TA Current Price Trade in bottom on the parallel uptrend area. Price Action created a higher low show it going to rebound Past 2 trading day was appeared volume increasing. TP : 1.96 ( 20% ) SL : 1.51 ( 8 % )

by newbietrader_TZW

DSONIC Potential uptrend to 0.56 in short term/ Long term 0.765 3 Reason for holding this stock : DSONIC provided a sustain dividend around 6+ % annually Technical analysis show it trading around the demand zone, I believe it was the opportunity for Buy Continues growth on company profit since 2021 Short Term TP on 0.56 with 30% capital gain ( expected TP within 6 month ) Long Term TP on 0.765 with 77% capital gain ( Expected TP within 3 years ) 7% per annual * 3 = 21% 77 % capital gain + 21% per annual = 98% 98% / 3 years = 32.67% p

by newbietrader_TZW

SENDAI - Looking for a potential bullish momentum The price is hovering near potential breakout levels around 0.565. The last candle shows some upward momentum. The downtrend line indicates resistance that the price is approaching. A breakout above this level could signal a bullish move. Buy on Breakout: If the price breaks above 0.565, this could serve as a trigger to enter a long position. Set your stop loss at 0.470, just below the significant support based on past price actions. This provides a buffer against potential losses. Ensure that

KITACON - Looking for potential price target N wave with E, V, N & NT projection. Price is above the Kumo, suggesting bullish sentiment, though the cloud is still thin, indicating some level of uncertainty. The price is slightly above Tenkan-Sen, suggesting short-term bullish momentum. Chikou-Span positioned above the price, further confirming bullishness. Wave Structure: We see the classical A-B-C correction pattern completing around point (C), and the price has started moving upwards towards the NT level (0.775). If the price can success

LAYHONG - Analysis on potential of price target N wave with E, N, V & NT projection. The price has moved above the Kumo, indicating bullish momentum, but the cloud is still quite thin, suggesting caution. Price is currently above the Tenkan-Sen, suggesting bullish momentum is building up. Chikou-Span is above the price, confirming the potential for bullish continuation. NT level 0.415, which serves as immediate resistance. The price has broken past point (B) and is currently testing the NT level (0.415). A successful break above NT would like

KKB Engineering Bhd (MYX: KKB)Current Price: 1.67 MYR The stock has recently rebounded from the 200-day moving average and closed above the 50-day and 100-day moving averages. If the price remains above 1.65 MYR with strong volume, consider entering. Primary Target: 1.85 MYR, based on the next resistance level. Stop Loss: 1.55 MYR, slightly below the 200-day moving average to manage risk. Short-Term: (1-3 weeks)—The setup is for a quick gain based on current technical conditions, aiming to capture the upward momentum. No

CAPITAL A - Uptrend may extend ?CAPITAL A - Current price RM1.00 The stock is UPTREND because : i) Price is above EMA 50 & 200 ii) Price is above ICHIMOKU CLOUD iii) The high is getting higher and the low is getting higher Based on ICHIMOKU CHART technique, today price made a breakout above CHIKOU SPAN resistance (RM0.990 - light blue resistance line).Technically it is a buy signal. Price target : RM1.12 (the high of 17 August 2023) Support 1 : RM0.950 (Aggresive Trader) Support 2 : EMA 50 may acts as support level (Conse