$SUNCON (5263.MY)$
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.
4
$Bursa Utilities (0065I.MY)$
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.
1
$DBS (D05.SG)$
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.
6
$SPSETIA (8664.MY)$
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.
16
1
$YTL (4677.MY)$
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.
3
4
$YTLPOWR (6742.MY)$
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.
14
4