Hi there. As a retail trader, stock picking is a tough one. So happy to finally get a copy of the RHB Jewel 2024 report, and go through all 20 company, chart by chart. I can see many “A” trades based on my criteria. Among the one that caught my eye is$CLOUDPT (0277.MY)$. It was surprising that not all the Jewels met my entry criteris, e.g is$DELEUM (5132.MY)$. Although i set my entry, exit and stop loss now, things may still change as market condition changes. This is the challenging part, or maybe that’s just me.
I did my analysis for the past couple of days and would like to share it here in this video (link below). Hope you find it useful and do share your comments, as i would like to learn from you as well. If you are already holding these stocks, appreciate you share your exit/target price as well.
Ryugentrades
OP
:
Market is pretty negative today. Although some hit my entry price, best to monitor or if risk taker may want to enter in smaller volume. Low can always get lower.
ZenZiDeR
:
Hi, I have checked your comparison of the 20 small cap. The thing that I don't understand is that your comparison is in "day" and some criteria is in "hour" which I felt isn't suitable for small cap because small cap is about future, potential and growth. I think it should be compare in term of potential, market capital, influence, competitor and odd of success
Ryugentrades
OP
:
Ya I agree. Really depends on what works. There is no silver bullet to analyze and decide on stocks. I use mixture of daily and hours as the daily serves to tell me the overall direction of the stock, whether uptrend or not, with price above sma daily will be worth to look at. While other indicators will be shorter timeframe as I prefer to see it from other view other than what most will see. Hopefully catching trends earlier. Also I now move towards technicals rather than fundamentals. Fundamentals I take it that the 20 listed by RHB is a good filtered list for me to then shortlist further. So I leave the fundamentals to the Investment Banks and fine tune for my own criteria. Hope it makes sense.
I continue to see what works and what doesn’t. Keep on learning as I trade the markets.
ZenZiDeR
:
I'm currently also looking at potential small cap company to gain the long-term growth. Small cap has higher chance of going bankrupt when compared to established company. I'm currently surveying Karex since has strong history
Ryugentrades
OP
ZenZiDeR
:
Karex chart looks interesting. Pullback to fibo 618 level and now consolidating. Once push above 0.90 with volume could signal further upside.
Ryugentrades OP : Market is pretty negative today. Although some hit my entry price, best to monitor or if risk taker may want to enter in smaller volume. Low can always get lower.
ZenZiDeR : Hi, I have checked your comparison of the 20 small cap. The thing that I don't understand is that your comparison is in "day" and some criteria is in "hour" which I felt isn't suitable for small cap because small cap is about future, potential and growth. I think it should be compare in term of potential, market capital, influence, competitor and odd of success
Ryugentrades OP : Ya I agree. Really depends on what works. There is no silver bullet to analyze and decide on stocks. I use mixture of daily and hours as the daily serves to tell me the overall direction of the stock, whether uptrend or not, with price above sma daily will be worth to look at. While other indicators will be shorter timeframe as I prefer to see it from other view other than what most will see. Hopefully catching trends earlier. Also I now move towards technicals rather than fundamentals. Fundamentals I take it that the 20 listed by RHB is a good filtered list for me to then shortlist further. So I leave the fundamentals to the Investment Banks and fine tune for my own criteria. Hope it makes sense.
I continue to see what works and what doesn’t. Keep on learning as I trade the markets.
ZenZiDeR : I'm currently also looking at potential small cap company to gain the long-term growth. Small cap has higher chance of going bankrupt when compared to established company. I'm currently surveying Karex since has strong history
Ryugentrades OP ZenZiDeR : Karex chart looks interesting. Pullback to fibo 618 level and now consolidating. Once push above 0.90 with volume could signal further upside.