Bursamalaysia
Pestech Triangle BOOverall still an uptrend, bullish and strong bull stock with red EMA20 line is above green EMA50 line and price closed above EMA50. Need more few days to reverse its short term downtrend to break out from its triangle pattern. Can consider entry now as it is closed near to its support 1.135~1.110. Resistances to break 1.245, 1.315 and 1.430. Banker chip at 35%.
Instant Cup?From weekly chart, a very small cup is forming, volume for this week also seen higher than last week's. Forming the cup edge need to be around 0.590 to form the handle.
From daily chart, curve not really significant seen, but it has broke through Flat bottom last month. Theoretically, correction is done. So, let see how far it can go.
Samchem - Super Bullish Buy on BreakoutOne of my few favourite stocks forming rounding bottom with Cup & Handle. Projected to breach ATH resistance at 1.530.
Support at 1.455.
Disclaimer: Trade at your own risk.
Inari to Test ATHGood tech counter to swing trade with promising potential as it is related to 5G implementation in the country.
Expecting it to pull back a little before rebounding from support unless there is something that will excite the market due to weakening volume, MACD and banker chips.
Strong support around 3.200~3.260 region and resistances at 3.445, 3.560 and 3.750.
Disclaimer: Trade at your own risk.
LKL Mark Up phase in the making?HC industry recovery or just a small bearish correction?
Price close above MA20.
Monitor RSI level 40 for possible mark-up phase.
UZMA retest previous supportDaily :
1. RSI test level 40 (mark-up)
2. Price test previous resistance becomes support.
3. Stoch RSI oversold
15M
1. Bullish divergence
PA Consolidation BO possibleLast bullish candle showed it was trying to breakout from downtrend line resistance to end its consolidation phase. Positive indicators: MACD golden cross and RSI has much room to go. Banker at 68%.
Support at 450, resistances at 505 and 535.
Disclaimer: Trade at your own risk.
UCREST HEADING UPTRENDUCREST expected to bounce higher.
Weekly chart shows the Strong Reversal Signal Chart Pattern which is Inverted Quasimodo.
Good to buy at level 0.175
Target 1: level 0.240
Target 2: level 0.335
Target 3: level 0.405
LoneWolfAnalysis
VERSATL Bollinger Band SqueezeReason to buy :
1. Bollinger Band Squeeze
2. RSI test level 40
3. Price test EMA100
TP
1. 1st TP the previous high (0.860)
2. 2nd TP fibonaci extension 100% (0.925)
3. 3rd TP Fibonaci extension 161.8%
Cutloss if
1. RSI close below level 40.
QES continuous BO?Breaking out from downtrend line resistance but closed slightly just below 545 at 540. Need another candle for confirmation to see if 545 would become resistance turn support.
Next resistance to break at 590.
Disclaimer: Trade at your own risk.
PNEPCB possible markupThe distribution phase might be not complete yet.
However, there are opportunities here.
Entry now and cut loss if RSI close below 39 levels.
MACPIE Possible mark up?The first time RSI hit 40 levels after the previous spring.
Cut loss if RSI Close below the level.
TR 361.Johotin, weekly in uptrend. EMA 20>EMA50>EMA 200. Now in Wave 4 where expected reversal is at 0.5 Fibonacci level (previous retracement also at 0.5) and RBS area.
2. H4 reversal candlestick formed (bullish candle larger than previous candles.
3. From Isaham, profit and revenue increased, PE 13.4, WAFV RM1.85
BIOHLDG Make as your WatchlistDaily TF :
1. We see accumulation.
2. Price close above EMA6.
1H TF :
3. MidBB Cross EMA50
4. Price testing MidBB+EMA.
Why not enter yet?
Because there is still now bullish divergence. Wait until the market shows the way.
TR 351. DOMINAN weekly starting to make an uptrend. EMA 20 and 50 almost crosses.
2. Daily in wave 4 where reversal expected to be 0.382 Fibonacci level also a RBS (previous Wave 2 at 0.382). Doji fomed an break with bullish candle. Price action above EMA 200.
3. From Isaham, Profit and Revenue increasing, PE 12 and WAFV RM1.16.
DOMINAN reach fibo retracement 61.81. Fibo retracement 61.8
2. Mid BB
3. Support
4. Stoch oversold
5. Bullish Divergence
Entering uptrend band?Since ENGTEX broke out from Flat Bottom, it likely to form an uptrend wave.
0.705 still a resistance, if ENGTEX is strong, it will break Flat Top.
Today gap up, although close lower, but traded with low volume. Good sign.
Let see the coming days.
Time to awake?There are several reasons why picking this stock.
Fundamental analyzing it, I dont think this is the best in property sector, but if the worst is over, then this is the undervalued company.
As this stock in in property sector, it is a sector not to be missed, although it grows pretty slow.
Moreover, this stock has been sideways for 337days. Which I think the lowest price has come to limit.
It has 2 green gradient to beat, the first steepest gradient is successfully break, following by 2nd one.
Once these gradients are broken, hoola. Bottom Flat breakout.
This stock may not skyrocketing, but the risk is far lower, just that it takes much more time to have the trend changed.
Flat Bottom BreakoutFlat Bottom has a few criteria, lower volumes by days, traded price is getting a few ticks.
1 week is given to watch this stock closely either breakout gradient or going down.
It will be pretty rough when going down until 0.390 to the Support.
AYS - Reversal signalAYS support had already well form at 0.335. It is looking forward to challenge 0.495 in short term time.
