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TH Plant - Wedge Breakout (A+ Swing Trade Setup)TH Plant Wedge Breakout (A+) - Swing trade CP - Wedge Breakout RSI > 50 (Rebound at 50 during Entry) SCDMX - Red Candle 20% (Strong Institution influence) AP - 1st Buy Signal 2nd Confluence (A+) A+ Setup - Breakout on the 4th rebound point on the strong upward trendline CD - Tweezer Bottom on the rebound point Entry Price Close above 200SMA www.tradingview.com EP - 0.675 TP - @ R0.715 / @R0.775 / TP @ 0.8 (XOX) / @ R0.840 SL - @0.61 (below previous low) R:R - 1:2 Market Condition - KLCI is rebounding on 200SMA with Morning Star CD. Bursa Plantation Index - Still Bullish with RSI > 50. But in Consolidation upon entry and rebound on closing. FCPO Index - Bullish. All the best guys. Will let you know the results.
MYX:THPLANTLong
by hafidz_shuhaimi
Why Zaza bought Nokia shares at $4.00 and is holding now30 Oct, Bota Kiri, Perak Darul Ridzuan: Why Nokia Stock Could Be Your Best Choice Right Now 📈 If you're looking for a stock with potential to grow, now might be the right time to consider Nokia (NYSE: NOK). Priced around $4.00, Nokia stock offers an attractive long-term investment opportunity. 🌟 Why Zaza & Team, ZZCM Bought Nokia at $4.00 Zaza recently purchased Nokia shares at $4.00, confident that the company has promising future projects to drive growth. Here’s why Zaza feels optimistic about the future of this tech company. Exciting Projects in 5G & Future Technologies 🚀 Nokia is strengthening its position in the 5G industry, which is increasingly important worldwide. Nokia’s 5G infrastructure and network solutions are recognized as solid. With partnerships with several major telecom operators, Nokia is now a leading provider of 5G technology in multiple countries. Beyond 5G, Nokia is also focusing on new technologies like 6G, AI networking, and the Internet of Things (IoT). These projects open new revenue streams for Nokia and position it for substantial gains when these technologies are adopted more widely. Positive Recent Developments for Nokia 📊 Recent developments have helped solidify Nokia's prospects: 👉 Partnerships with Major Telecom Companies: Nokia has numerous agreements with prominent telecom companies in Europe, North America, and Asia 🌍. These deals not only bring stable revenue but also reinforce Nokia’s brand in the market. 👉 Government Support & Strategic Contracts: Nokia recently secured contracts for secure communication networks with government agencies in several countries. This further proves Nokia is a trusted partner for secure networks 💼. 👉 Investment in Cloud & Edge Computing: Nokia is focusing on cloud and edge computing, increasingly vital for digital transformation 🔗. Nokia can offer end-to-end solutions from 5G to cloud services. Benefits of Buying Nokia Now Attractive Valuation: With a price around $4.00, Nokia is considered undervalued. Strong Financials: Nokia has a solid balance sheet, enabling continued investment in new technology. Dividend Potential: As Nokia’s financial position strengthens, there’s potential for increased dividends, which would be attractive to shareholders. Continued Demand: With growing digitalization, demand for 5G, cloud, and IoT is expected to keep rising 📈. So, Why Now is the Best Time to Buy 💰 With a low price and bright prospects, Zaza believes Nokia is well-positioned for growth. With its focus on 5G, IoT, AI, and edge computing, Nokia could be a profitable long-term investment opportunity. Buying now at around $4.00 offers you the chance to get in early before these projects make a full impact. 🚀
NYSE:NOKLong
by Zezu_Zaza
KL:GDBAn affiliate company of Permodalan Nasional Bhd (PNB) has awarded GDB Holdings Bhd (KL:GDB) with a contract to develop a logistics center Shah Alam, valued at RM865.66 million, over three times its market capitalisation of RM304.54 million. The news supports a story from The Edge Malaysia which cited sources and said that GDB was near to landing a sizable contract to construct a warehouse in Shah Alam, Selangor. The construction company declared in a filing with Bursa Malaysia on Friday that Strategic Sonata Sdn Bhd had awarded it a letter of award for the building of Plot B of the logistics hub. Strategic Sonata granted construction behemoth IJM Corp Bhd (KL: IJM) plot A of the logistics center, according to a separate filing.
MYX:GDBLong
by CatalystEdge
KL:KABThe state-owned investment firm Permodalan Kedah Bhd (PKB) and Kinergy Advancement Bhd (KL:KAB) have signed a memorandum of understanding (MOU) to develop sustainable energy projects. KAB stated that it will handle the technical aspects and leverage its energy industry experience, while PKB will find possible sites for renewable energy projects and help with authorisation duties such project licencing. Among other things, it stated, the cooperation concentrates on the implementation of clean energy, renewable energy, energy-efficient solutions projects, and engineering works. Development of solar farms and waste-to-energy production are two examples of this.
MYX:KABLong
by CatalystEdge
MRCB Breakout From DT Line - Good Price to EntryThis undervalued construction and property player in Malaysia, MRCB has shown good performance recently. Pullback from the 52Wk high at 0.705, the price now stabilize around 0.56 to 0.59. The intrinsic value for Malaysian Resources Corporation Berhad is RM9.91 based on Discounted Cash Flow Valuation, that is discounted 94.2% from current price. Price now recently break from downtrendline (refer chart) and need to break MID BB (MA20) at daily timeframe to confirm the uptrend mood. My price target using fibo is at TP1 D: RM0.795, TP2 D: RM1.03 Hold for long term investment! cheers
MYX:MRCBLong
by zeri85
REDTONE DIGITAL BHD MYS - Good Sign, Ready to enter MA Low ZoneTrading style: BBMA The stock rose and formed a white bullish candle last Friday, breaking out above its 3-week long triangle pattern. The breakout was supported by a higher trading volume which indicates a renewed buying interest after the stock’s consolidation from the 52-week high. More upside is likely to follow after the said breakout, underpinned by the rising EMAs. I think that aggressive traders may want to go long now with a stop-loss set at RM0.970. For today, price may go down to MA Low in Daily and 4H timeframe, that is a good sign to buy now. Follow-through buying may lift prices to test the historical resistances at RM1.10 and RM1.15. My target price using fibonacci is at RM1.28
MYX:REDTONELong
by zeri85
CUSCAPI was triggered based on the MRV1 on 20 Dec 2023The CUSCAPI buy signal was triggered based on the MRV1 setup at RM0.185, with the closing price on December 20. The target is a 20% increase to RM0.225, with a stop loss of RM0.165. This is expected to take 2–3 months due to the signal being based on the daily timeframe. The price movement pattern is showing a good higher low after a great deal of downtrend from the early 2022 peak. The immediate resistance is at RM0.195, with the next resistance at RM0.215 and RM0.230. Support is seen in the RM0.170 and RM0.155 areas. **This is for discussion purposes only and is not a buy/sell call**
MYX:CUSCAPILong
by syafizi
PA was triggered based on the MRV1 on 20 Dec 2023The PA buy signal was triggered based on the MRV1 setup at RM0.275. The target is a 20% increase to RM0.330, with a stop loss of RM0.245. This is expected to take 2–3 months due to the signal being based on the daily timeframe. Not muuch can be said on its movement but I like how it presents itself. Coming off a downtrend from the start of the year, stopped falling and go flat. Making new higher low and higher high. A price spike to visit its near resistances of RM0.280 and RM0.320 is likely in near term. Support is seen in the RM0.240. **This is for discussion purposes only and is not a buy/sell call**
MYX:PALong
by syafizi
SSF buy signal based on MRV1 setup on 4 Jan 24 at RM0.265 It’s a classic case of a cup & handle pattern - pretty much straight out of a textbook. If you’re a fan of Bulkowski’s C&H pattern trading strategy, you might want to wait for the price to break above RM0.270. That way, you can aim for RM0.285, using the handle low of RM0.240 as your stop loss. But if you’re in it for the long haul, you might want to consider entering at RM0.265. Or, if you’re feeling lucky, you could queue your buy order at RM0.250, which also happens to be the nearest support based on equilibrium. I’d suggest a stop loss at RM0.235 to stick with the minimum risk of 10% based on the price. But you could also place it at the counter’s lowest price, RM0.225. With a 1:2 risk/reward ratio, the target price comes in at RM0.325. This lines up with the projected equilibrium resistance price area. Feel free to tweak the risk/reward ratio to 1:1.5 or 1:1, whatever suits your style. You’re probably looking at a holding period of about 2-3 months since the signal comes from the daily chart. Please note, this is merely an observation and not a suggestion to buy or sell. Always do your own research before making any trading decisions.
MYX:SSFLong
by syafizi
PESTECH buy signal based on MRV1 setup on 29 Dec 23 at RM0.325I have a large number of stocks whose momentum readings are still valid during my absence, but I couldn’t find more when I returned. Weird… The support area could be set at the most recent pivot low of RM0.275. However, this would make my target price based on the risk/reward ratio too high, and I wouldn’t want to hold that long. I would set the stop loss to RM0.290 (which coincides with the equilibrium support area at the same price level) to adhere to the minimum 10% risk based on the price. The target price is RM0.395. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on your preference. The holding period is 2-3 months, as the signal is derived from the daily chart. The momentum signal was triggered near the equilibrium price area and created an uptrend pattern of higher highs (HH) and higher lows (HL) in the process. A momentum signal at these price areas should be able to confirm the movement. Zoom out the chart to see. The immediate resistance is at RM0.335 and the next resistance is at RM0.385. The support zone is at RM0.290 and RM0.2402 follows after.
MYX:PESTECHLong
by syafizi