Sarawak Oil Palms Bhd (MYX: SOP)Current Price: 2.93 MYR
The stock has recently shown a strong upward movement, breaking above the 50-day and 100-day moving averages. Consider entering a position if the price stays above the 3.00 MYR level with confirmation from volume.
Primary Target: 3.30 MYR (short-term) based on the next resistance level.
Stop Loss: 2.75 MYR, slightly below the 100-day moving average to protect against downside risk.
Short-Term: (1-3 weeks) — This plan is focused on capturing the immediate price movement
SHH Resources Holdings Bhd (MYX: SHH),The stock is trading at 1.33 MYR, it’s above both the short-term and long-term moving averages (as suggested by the red and blue lines). This is generally considered a bullish signal.
Confirmation: Ensure the price holds above 1.28 MYR, as it’s the recent low. A further confirmation would be if the stock breaks above the recent resistance level near 1.35 MYR with good volume.
Primary Target: 2.10 MYR based on the projected price target from the chart.
Partial Profit Target: Consider taking pa
BERMAZ AUTO BERHAD - [BAUTO]Price Action
The stock price is at MYR2.51, showing a gain of +0.07 or +2.87% for the day.
The recent price action indicates an uptrend, with the price rising from a recent low near MYR2.38 to its current level of MYR2.51.
Bollinger Bands
Upper Band: The price is approaching the upper band, which could indicate an overbought condition.
Middle Line (SMA): Price is above the middle line, indicating a bullish trend.
Lower Band: The lower band remains distant from the current price act
CCK MARKING UPClassic wyckoff Re-Accumulation of Schematic #1
With spring in the house
What attracted me the most, is that, there was an absoprtion past 2 days as evidence by the volume (Black Arrow)
With breakout today accompanied with huge vol, this is a sBar (Siginificant Bar) as mentioned by Prof Roman in his teaching. I called it Timing Bar
Thus, i went with a heavyweight position on this one
Risk is always respected
in view of that, i humbly initiated position as attached
MRCB - Require an aggressive bullish momentum.N wave with E, V, N & NT projection. Currently price and Chikou Span still below Tenkan Sen, Kijun Sen & down Kumo, considering the market still in bearish position. Require an aggressive bullish momentum to push the price upward with Tenkan Sen as an immediate resistance. if the price breaks above the Kumo and the Chikou Span confirms the breakout, the trade might develop into a stronger bullish trend and towards the completion of the Y wave.
R1 - 0.550 (Tenkan Sen)
R2 - 0.570
S1 - 0.520
S2 - 0
VARIA BERHAD - [VARIA]Overall Trend :
The stock has shown a strong bullish trend since mid-June, with the price rising from around MYR0.84 to current levels above MYR1.00.
Price Action :
The stock experienced a significant spike in mid-July, reaching a high around MYR1.08.
After a pullback, it has recently made another strong move upward in August.
Current price is hovering around MYR1.04, showing continued bullish momentum.
Volume :
Volume spikes coincide with major price movements, particularly
POSSIBLE 100% MOVEMENTThis stock currently on clear uptrend. Now making a pattern called bullish pennant. Price now at 0.5 - 0.618 fibbonaci level from starting price that make them move aggressively upward. Target now at RM6.00 with suitable risk reward ratio. Drop below fibbonaci level could be failed setup
PGLOBE - Analysis on price movementN wave with NT & N projection.
The current price is at MYR 0.315, which is just above the Kumo. The price recently tested the Senkou span B, finding support at this level. This positioning suggests a neutral to slightly bullish outlook, with the potential for a rebound if the price continues to stay above the Kumo.
The Kumo is bullish ahead, albeit thin, indicating that while there may be a slight upward momentum, it’s not strongly supported. The cloud's future projection is bullish, providing
MUIPROP 1D - Potential price targetN wave with E, N, V & NT projection. 4 times hit 52w high but failed to break the line. Is there a strong momentum to break 52w high and then push the price to the target price.
R - 0.385 (52w high)
S - 0.325
Note:
1. Analysis for education purposes only
2. Trade at your own risk
CUSCAPI - Potential target analysis for price movementN wave with E, N & NT projection.
The current price is at MYR 0.270, sitting below the Kumo, which suggests bearish momentum. The price recently attempted to break above the Kumo but was rejected, indicating the cloud is acting as a significant resistance level.
If the price breaks above the 0.285 level with strong volume. This would indicate the price has the potential to reach the N and E targets.
R - 0.285
S1 - 0.25
S2 - 0.23
Note:
1. Analysis for education purposes.
2. Trade at your own r
SDS PROBABLY MARKING UPAs plotted, This looks like Typical Re-Accmulation (Rising Bottom, Schematic #2)
What interesting to me, is that the incoming supply is reducing and evaporating as evidence by vol @ 29/7/24 (Black Arrow)
-As mentioned by David weiss : Probably this is The Contraction
Thus i humbly initiated my position as attahced
Pure Wyckoff, Anything can happen
YTLPOWR, the DC theme still on?The stock remains below the downtrend line, and the MACD is still in a bearish crossover.
While both the MACD and RSI are showing positive divergence, the strength of this signal remains uncertain. For a sustained move, the price needs to break out of the current downtrend; otherwise, it may just be suitable for a quick FIFO trade.
It's essential to seek at least three confirmations before making a move—anything less is simply gambling.
Disclaimer: The mentioned stocks are based solely on
GENETEC, what next?Despite the bearish signals, many are still attempting to catch the falling knife that is GENE. The MACD first registered a downward crossover at the end of June 2024, and the RSI is currently in the oversold zone.
However, it's crucial to remember that an oversold condition doesn't automatically make the stock a good buy.
Oversold and overbought levels don't always signal an imminent reversal; sometimes, they reflect the underlying strength of the current trend.
Disclaimer: Please be infor
NOTION the end game?The stock has encountered a MACD bearish crossover and has dipped below the most of the EMA lines.
These indicators suggest a bearish trend, making it prudent to avoid this stock for the time being.
Make sure you're in the RIGHT SECTOR (right place at the right time) like FengShui 🤩
When the wind is not blowing, no point sitting there waiting, position ourselves in place of most opportunities. When the tide comes in, all the boat will rise (unless that boat is a sinking boat - poor quality s
MITRA - Potention on price movement analysisMITRA 1D
Y wave, target (E) within stipulated time. Reaching this target is require a bullish momentum strong enough to break 52w high.
N wave with N, V & NT projection. Price is currently inside up Kumo, indication a consolidation phase with potential for a breakout. A golden cross has occurred which is generally a bullish signal, though slightly weaker since it occurs within the cloud. This signal is stronger if price manages to break above the up Kumo.
R1 - 0.345 (senko span A)
R2 - 0.36
R3
AZRB - Potential price movement analysisAZRB 1D,
Y wave, target (E) within stipulated time. The price must break 52w high to reach this target (E), indicating the potential bullish breakout.
N wave with E, N, V & NT projection. Since the price is below up Kumo, a strong bullish momentum is required to break through identified resistance levels.
R1 - Tenkan sen
R2 - Kijun Sen
R3 - 0.295 (Senko span B
S - 0.23
MBMR GOING FOR MARK UP
In the background of plummeting KLCI (Bursa Index), this stock rising above
Classic Type 1 Re-Accmulation
Price succesfully overcome the suply on 5/8/24 (red arrow)
-Wyckoffian call it 'COMPOSITE OPERATOR ROTATION'
Plus, with the 'Spring' !
I put my trust on the setup
position as attached
PureWyckoff
Anything can happen
PERDANA PETROLEUM BERHAD - [PERDANA]Bollinger Bands :
Upper Band: The price recently touched the upper Bollinger Band, indicating that the stock might be overbought in the short term.
Middle Band (SMA): The price is currently above the middle band, which typically acts as a support during an uptrend.
Lower Band: The price has moved away from the lower Bollinger Band, indicating a reversal from recent lows.
Volume Analysis :
There's been an increase in volume on the latest green candlestick, which is a bullish sign, as it
SKBSHUT 1D - Potential price movement analysisY wave, target (F) within stipulated range. Price still above up Kumo, if there is a strong momentum and the occurrence of a golden cross, then the potential for the price to continue upward will occur. The price needs to break turning point (B) and 52w high to reach the target price.
R1 - 1.00 (Kijun sen)
R2 - 1.06
R3 - 1.20 (52w high)
S1 - 0.915 (Senko span A)
Note:
1. Analysis for education purposes only.
2. Trade at your risk.
SEALINK 1D - Potential price targetN wave with E, N, V & NT projection. Price need to break 52w high to reach all target. A golden cross just occurred above up Kumo and may a good sign to have momentum to push the price upward.
R - 0.415 (52w high)
S- 0.345
Note:
1. Analysis for education purposes only
2. Trade at your own risk
ATAIMS - Potential on price movementY wave targeted (E) within stipulated time.
A death cross has occurred and need strong momentum to breakout minor downtrend line if price need to continue upwards. Expected golden cross to be happen if momentum keep upward and price must breakout 52w high to reach (E) and complete the Y wave.
R1 - Senkou Span B
R2 - Tenkan Sen
S - 0.34
Note:
1. Analysis for education only
2. Trade at your own risk
ALong























