Echophi
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Hi, everyone, here is my trade review for $MATRIX (5236.MY)$ .
- Average cost: RM1.80
- Exit price: RM 2.29
- Profit: ~27% / RM500+
Entry & Exit
For entry, I noticed a MACD divergence, indicate bullish signal, and set a order at RM1.80. It filled after a week. Honestly I thought I missed the bus.
For exit, it cross down my risk limit at RM2.28. I set a sell order at RM2.29, hoping to sell at a better price, given there is still some buying pressure. Just didn't expect it to...
- Average cost: RM1.80
- Exit price: RM 2.29
- Profit: ~27% / RM500+
Entry & Exit
For entry, I noticed a MACD divergence, indicate bullish signal, and set a order at RM1.80. It filled after a week. Honestly I thought I missed the bus.
For exit, it cross down my risk limit at RM2.28. I set a sell order at RM2.29, hoping to sell at a better price, given there is still some buying pressure. Just didn't expect it to...
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Echophi
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The Federal Reserve's recent meeting led to a significant drop in stock and Treasury markets, while the dollar hit its highest level since 2022.
The meeting's unexpectedly hawkish tone was highlighted by four main points:
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...
The meeting's unexpectedly hawkish tone was highlighted by four main points:
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...
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Echophi
liked
TENAGA is considering nuclear energy and hydrogen energy for power generation.
National Energy $TENAGA (5347.MY)$ The CEO Datuk Megat Jalaluddin said that TENAGA is considering nuclear energy and hydrogen as long-term energy sources.
He revealed today in Kuala Lumpur at a summit that they are collaborating with the national oil company to explore a 'new' fuel to enhance their power mix.
However, he also added that the company's current focus is on transitioning to Henry Hub Natural Gas in the mid-term first.
Last year, Malaysia raised its renewable energy deployment target to 70% of total electricity generation capacity by 2050, up from the previous target of 40%.
To achieve this goal, an investment of 637 billion Ringgit (approximately 142.5 billion US dollars) is expected, for investment in renewable energy generation resources, strengthening electrical grid infrastructure, enhancing transmission lines, energy storage system integration, and strengthening power grid system network operations.
Megajalaluddin stated that TNB plans to reduce carbon dioxide emissions concentration by five percentage points annually until 2050.
As of November, our country's Electrical Utilities consumption has increased by 7% year-on-year, exceeding the economic growth rate.
Data Source:
Nanyang Commercial Daily disclaimer: This content is for reference and Education purposes only, and does not constitute any specific investment, investment strategy, or endorsement. Readers should bear any risks and liabilities arising from reliance on this content by themselves. Before making any investment decisions, please conduct your own independent research and evaluation, and consult with professionals if necessary. The author and related parties disclaim all responsibility for any use or reliance on the content ...
National Energy $TENAGA (5347.MY)$ The CEO Datuk Megat Jalaluddin said that TENAGA is considering nuclear energy and hydrogen as long-term energy sources.
He revealed today in Kuala Lumpur at a summit that they are collaborating with the national oil company to explore a 'new' fuel to enhance their power mix.
However, he also added that the company's current focus is on transitioning to Henry Hub Natural Gas in the mid-term first.
Last year, Malaysia raised its renewable energy deployment target to 70% of total electricity generation capacity by 2050, up from the previous target of 40%.
To achieve this goal, an investment of 637 billion Ringgit (approximately 142.5 billion US dollars) is expected, for investment in renewable energy generation resources, strengthening electrical grid infrastructure, enhancing transmission lines, energy storage system integration, and strengthening power grid system network operations.
Megajalaluddin stated that TNB plans to reduce carbon dioxide emissions concentration by five percentage points annually until 2050.
As of November, our country's Electrical Utilities consumption has increased by 7% year-on-year, exceeding the economic growth rate.
Data Source:
Nanyang Commercial Daily disclaimer: This content is for reference and Education purposes only, and does not constitute any specific investment, investment strategy, or endorsement. Readers should bear any risks and liabilities arising from reliance on this content by themselves. Before making any investment decisions, please conduct your own independent research and evaluation, and consult with professionals if necessary. The author and related parties disclaim all responsibility for any use or reliance on the content ...
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$S&P 500 Index (.SPX.US)$ massive sell off after FOMC. SPX dropped 200+ points from the highs 🤯 ..If SPX gaps up and fails to reclaim 5900 I'd go short for a move back to 5848. SPX to 5800 in play next
SPX 5850P is best near 5890
$Tesla (TSLA.US)$ now on the backside of a move after a run from 251 to 488 since early November. If TSLA breaks 429 it can drop to 400
410P is best under 419
$Meta Platforms (META.US)$ if this fails to hold near 600 we can see 588 by Friday. 590P is best under 600
SPX 5850P is best near 5890
$Tesla (TSLA.US)$ now on the backside of a move after a run from 251 to 488 since early November. If TSLA breaks 429 it can drop to 400
410P is best under 419
$Meta Platforms (META.US)$ if this fails to hold near 600 we can see 588 by Friday. 590P is best under 600
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