HEXIND - Need continuous bullish momentum P wave, entry on P wave B/O
Price to stay above Kumo, indicating a potential bullish momentum.
Kijun-Sen is flat, and the Tenkan-Sen is sloping upward, which shows that the momentum might be shifting, but the breakout is crucial for a confirmed signal.
The Chikou-Span is just crossing the price, which might support a bullish breakout.
The price is forming a contracting triangle with point D at the resistance line (0.445), and the next crucial area is at point E (0.430).
The breakout above the t
BAHVEST - Looking for continuation of bullish momentumY wave, target (E) within stipulated range.
N wave with N, NT & V projection.
The price is above the Kumo, signaling bullish momentum.
The Chikou Span is also above the price, which confirms a bullish sentiment.
The Tenkan-Sen has crossed above the Kijun-Sen, signaling a bullish crossover. This reinforces the upward trend.
Price needs to stay above 0.585 and could provide a potential entry signal for a bullish continuation toward the V target at 0.620.
Consider placing a stop-loss below the Kij
BLong
GENETEC: A Lingering Presence in the Market
Despite its recent downturn, GENETEC continues to be a topic of discussion among traders. The stock currently faces support at RM0.800, raising the question of a potential rebound.
However, it's important to note that GENETEC remains in a downtrend. Therefore, any potential rebound should be approached cautiously and strictly adhering to FIFO (First In, First Out) principles for managing investments.
Additional Considerations:
* Market Sentiment: Keep an eye on overall market sentiment and
YTLPOWR, resistance turn support?YTLPOWR appears to have recently seen a key resistance level turning into support?
This shift can often signal strength in the stock's momentum. However, should the stock move lower, waiting for a clearer opportunity to re-enter or accumulate might be a prudent approach.
The probability here leans on two outcomes: if the new support holds, we could see further upside potential. On the other hand, if the stock dips below this new support, it could signal a deeper pullback, and patience would be
MI Technovation Trading IdeaTechnical Setup:
The stock previously rebounded from both the uptrend line and the Fibonacci 0.618 retracement level, indicating strong support.
However, if the uptrend line breaks, it could signal a weakening of the bullish trend.
Entry Strategy:
Buy MI Technovation shares in the entry zone between RM 1.74 and RM 1.90. This range offers a favorable risk-reward ratio based on historical support levels and Fibonacci analysis.
Profit Taking:
If the price rises to RM 2.75, take profit, as this i
KUB - Monitor for the price action.N wave with E, N, V & NT projection.
Price is hovering at the edge of down Kumo and Senkou-Span B (0.780) as an immediate resistance.
The Chikou Span crossing above the candle price showing a bullish signal.
Price needs to stay above NT level to keep the continuation of bullish momentum. Considering for entry at above NT level and failing to breakout this level could invalidate the setup.
R1 - 0.780 (Senkou-span B)
R2 - 0.790
S1- 0.765 (Senkou-span A)
S2 - 0.735
Note:
1. Analysis for educatio
KLong
Engtex - Need strong momentum to for bullish sentimentY wave, target (E) within stipulated range.
Price just crossed Kijun-sen but still below Kumo indicating the bearish sentiment, though a potential reversal may be underway.
The Chikou Span is below the price and Kumo, signaling that the bearish momentum might still be in play.
After wave (C), the price has been consolidating. The recent upward momentum could push the price toward the Y wave target at (E).
R1 - 0.660
R2 - 0.670
S1 - 0.610
S2 - 0.600
A potential breakout above 0.640 could signal
NATGATE - Potential Pullback on the Horizon?The stock has just closed above the key RM1.80 level, maintaining its position in line with the Hull Moving Average (HMA), suggesting some strength in the current trend. However, it's worth noting that the MACD remains in a downtrend (DC), signaling that momentum could still be weak. Investors should keep a close watch for any signs of a pullback, especially if the stock struggles to gain further upward traction.
It's crucial to not only know the right time to buy but, more importantly, to be
Simple13 Short Term Trading Idea (KOSSAN)Current Price: RM 2.08
Profit Target: RM 2.30
Buy Zone: RM 1.95 - RM 2.08
Entry Strategy:
Start accumulating KOSSAN shares in the buy zone between RM 1.95 and RM 2.08. This range offers a favorable risk-reward ratio.
Profit Taking:
If the price reaches RM 2.30, take profit, as this area is considered a resistance level or the stock may be overbought, and it might be prudent to lock in profits. This translates to a potential upside of 10.6% from the current price.
Risk Management:
If the price
SDS GROUP BERHAD
The stock is in a strong uptrend since mid-August 2024, as indicated by the series of higher highs and higher lows.
A noticeable increase in volume has occurred recently, supporting the upward price movement.
High volume in the last few sessions suggests strong buying interest, further validating the breakout above the previous resistance around MYR1.15.
Support: The previous resistance of MYR1.15 now acts as support. If price retraces, this level may provide some buying interest.
Resistan
PEKAT GROUP BERHAD
The price action is moving towards the upper band, which could signify the start of a short-term bullish movement if the price breaks out above the upper band.
Price Action: After a significant rally in May, the stock retraced and found support near MYR0.85. This was followed by a period of sideways movement, indicating consolidation.
Resistance: The most immediate resistance is the upper Bollinger Band, near MYR0.95. A break above this could signify a continuation of the previous uptrend.
SOUTHERN CABLE GROUP BERHAD
The price is currently touching the middle band (20-day moving average) of the Bollinger Bands.
The upper band (resistance) around MYR0.92–MYR0.93 seems far from the current price, implying there is some room for upward movement.
The lower band around MYR0.75 acted as support during the previous downtrend.
A tightening of the bands suggests a period of low volatility, which could be a precursor to a breakout either to the upside or downside.
Volume on this uptick is relatively modest, arou
KUMPULAN KITACON BERHAD
The price has recently touched the upper band, suggesting that the stock is experiencing upward momentum.
Over the last few sessions, the stock has shown a steady upward trend, with higher highs and higher lows.
The increased volume supports the upward movement and may indicate strong market participation.
Resistance: The next major resistance level can be identified near MYR0.785, which is the high of today’s session.
Support: As mentioned, MYR0.74 could act as a support level, followed b
UNIQUE FIRE HOLDINGS BERHAD
Trend: The overall trend appears to be bullish in the medium term. After reaching a low in March, the stock has been making higher lows and higher highs, indicating an uptrend.
Moving Averages: The stock is currently trading above both the short-term (blue line) and long-term (green line) moving averages, which is typically a bullish signal. The moving averages are also sloping upwards, confirming the uptrend.
Support and Resistance: Key support levels appear to be around MYR0.320-MYR0.330,
FAJARBARU BUILDER GRP BHD
The price has bounced off the lower Bollinger Band, indicating the possibility of an oversold condition, and is now moving toward the middle band (likely the 20-day moving average).
Volume shows an uptick during this bounce, which is bullish, as it suggests that buyers are stepping in at this level.
Support: Around MYR0.380, where the price found a recent base.
Resistance: The immediate resistance seems to be around MYR0.420–MYR0.440 (the middle Bollinger Band and previous price action zone
FLong
SUNWAY CONSTRUCTION GROUP BERHAD
Recently, the stock appears to be rebounding from the lower levels (around MYR4.00), currently trading at MYR4.19.
The current rebound shows the price nearing the middle band (which typically represents the 20-period moving average).
Support is observed around the MYR4.00 level, where the price has rebounded recently.
Resistance is likely to be around MYR4.40 to MYR4.50, the region of the middle Bollinger Band and the moving average.
Strong resistance is also seen at MYR5.20, the high from























