TradeBursaForALiving
commented on
$YTL (4677.MY)$
I am holding put warrant on YTL.
- Price is below SMA. It tested 200SMA on daily chart.
- MACD is in bearish region.
- Stage Attribute is in bearish.
- Stock is underperforming in a Bursa general market.
- Stock closes at the low of the week.
I am holding put warrant on YTL.
- Price is below SMA. It tested 200SMA on daily chart.
- MACD is in bearish region.
- Stage Attribute is in bearish.
- Stock is underperforming in a Bursa general market.
- Stock closes at the low of the week.
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TradeBursaForALiving
commented on
$YTLPOWR (6742.MY)$
I am holding a put warrant on YTLPOWR.
- Price is below SMA.
- MACD is in bearish region
- Stage Attribute is bearish region.
- RS Index is underperformed than Bursa market.
- Week closed near the low of the candlestick.
I am holding a put warrant on YTLPOWR.
- Price is below SMA.
- MACD is in bearish region
- Stage Attribute is bearish region.
- RS Index is underperformed than Bursa market.
- Week closed near the low of the candlestick.
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TradeBursaForALiving
commented on
$Bursa Utilities (0065I.MY)$
Bursa Utilities has made 26W low in its RS. It is testing the mid term moving average. If it closes below the moving average for the week, it might sign the bearish momentum. From the Stage Attribute, it should be at the Stage 3 a.k.a distribution.
Bursa Utilities has made 26W low in its RS. It is testing the mid term moving average. If it closes below the moving average for the week, it might sign the bearish momentum. From the Stage Attribute, it should be at the Stage 3 a.k.a distribution.
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$SUNCON (5263.MY)$
If the counter break RM4.65, it should be able to test RM5.00.
13 bars - 22%
9 bars - 13%
7 bars - 6%
I am lean toward bearish sentiment for the overall market.
If the counter break RM4.65, it should be able to test RM5.00.
13 bars - 22%
9 bars - 13%
7 bars - 6%
I am lean toward bearish sentiment for the overall market.
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$DBS (D05.SG)$
DBS has been outperforming than STI. But for the past few months, DBS has achieved new high but it is not making 52W high as compared to STI.
The Stage Attribute is in bullish zone.
The point triggers me to short it is because of the classic bearish MACD divergence. The price is getting new high but the indicator is showing divergence.
DBS has been outperforming than STI. But for the past few months, DBS has achieved new high but it is not making 52W high as compared to STI.
The Stage Attribute is in bullish zone.
The point triggers me to short it is because of the classic bearish MACD divergence. The price is getting new high but the indicator is showing divergence.
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TradeBursaForALiving
commented on
$SPSETIA (8664.MY)$
Not holding any position in SPSETIA.
- Stock managed breakout on 40 SMA and tested on 30 SMA. It can go both way. From my point of view, it has higher possibility to drop further due to the volume.
- MACD is turning bullish.
- Stage Attribute is in bearish region.
- As compared to overall Bursa market, the counter managed to flip from underperform to outperform the general market.
Not holding any position in SPSETIA.
- Stock managed breakout on 40 SMA and tested on 30 SMA. It can go both way. From my point of view, it has higher possibility to drop further due to the volume.
- MACD is turning bullish.
- Stage Attribute is in bearish region.
- As compared to overall Bursa market, the counter managed to flip from underperform to outperform the general market.
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TradeBursaForALiving
commented on
$UOB (U11.SG)$ $DBS (D05.SG)$ $OCBC Bank (O39.SG)$ MACD cross-over for DBS and pending UOB & OCBC. Downtrend could be coming.
DYDD.
DYDD.
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TradeBursaForALiving OP 103848147 : Looked at TOPGLOV, when every corners in Malaysia were talking about it, that is when we should get out. When it was RM24, people are claiming RM30 etc.
Funds have entered when no one noticed. When everyone is talking, the funds are getting out. In order for them to get out, they will have target price and various good news to push the share price and entice the retailers to buy.
TradeBursaForALiving OP : Revisited my post while still holding to YTL-HE at RM0.23x. YTL has dropped almost 50% from its high.
TradeBursaForALiving OP : Took profit at RM2.00 today. Believe that there will be a rebounce or retest previous support.