Current Price: RM 2.40 (+6.19% today)
Today’s quarterly earnings report showed revenue growth but a QoQ profit drop. Despite the profit decline, the stock opened with a gap up, indicating that the results were above market expectations.
Key Observations
Technical Breakout:
Today, the price broke above the 20 EMA on the daily chart.
If the upward momentum continues, the 10 EMA could cross above the 20 EMA on both the daily and weekly charts, signaling a strong bullish tre...
Today’s quarterly earnings report showed revenue growth but a QoQ profit drop. Despite the profit decline, the stock opened with a gap up, indicating that the results were above market expectations.
Key Observations
Technical Breakout:
Today, the price broke above the 20 EMA on the daily chart.
If the upward momentum continues, the 10 EMA could cross above the 20 EMA on both the daily and weekly charts, signaling a strong bullish tre...
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Today’s strong price surge was likely driven by the recent quarterly earnings report, which the company has declared a third interim dividend, marking its highest annual dividend payout to date. This dividend announcement has likely attracted long-term investors, as evidenced by the substantial inflow of large transactions.
Key Observations:
High Volume but Limited Price Movement in 2nd Half: During the second half of today’s trading session, the stock didn’t mo...
Key Observations:
High Volume but Limited Price Movement in 2nd Half: During the second half of today’s trading session, the stock didn’t mo...
After 76 days of consolidation between RM 4.90 and RM 5.60, this stock has finally broken out with high volume following its recent quarterly earnings report. While the report itself was not particularly impressive, the stock price has surged, suggesting that investors might be betting on improved performance in the next quarter.
Trading Plan
Entry Area: RM 5.77 to RM 5.40
Consider accumulating in this range, as it aligns with a favorable risk-to-reward setup.
Take Profit ...
Trading Plan
Entry Area: RM 5.77 to RM 5.40
Consider accumulating in this range, as it aligns with a favorable risk-to-reward setup.
Take Profit ...
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Currently, momentum in the property index is weakening. On the weekly chart, there’s a clear RSI divergence, signaling a potential slowdown. Plus, many property stocks are still trading at high prices, so taking profit could be a good move to manage risk.
A key signal to watch is if the 10 EMA crosses below the 20 EMA on the weekly chart for the property index. If this happens, it could indicate a strong momentum drop in the sector.
Addit...
A key signal to watch is if the 10 EMA crosses below the 20 EMA on the weekly chart for the property index. If this happens, it could indicate a strong momentum drop in the sector.
Addit...
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Sector Update:
The plantation index has been the strongest performing sector recently, showing resilience and upward momentum.
Stock Pick:
From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price.
Current Price: RM 3.55
Trading Plan
Entry Area: RM 3.55 to RM 3.30
Plan to start accumulating if the price dips into this range, which aligns with a fair risk-reward setup.
Take Profit Area: RM 3.55 to RM 4.34
Th...
The plantation index has been the strongest performing sector recently, showing resilience and upward momentum.
Stock Pick:
From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price.
Current Price: RM 3.55
Trading Plan
Entry Area: RM 3.55 to RM 3.30
Plan to start accumulating if the price dips into this range, which aligns with a fair risk-reward setup.
Take Profit Area: RM 3.55 to RM 4.34
Th...
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DUFU recently reported a profit loss of RM 3.2M in its latest quarterly report. The main reason for this drop was due to forex loss, which I believe is a short-term issue and doesn’t reflect DUFU’s core business health.
Looking at some key financial data:
Operating Income: Increased by 26.05% quarter-over-quarter, breaking its downtrend.
Total Assets: Holding strong at over RM 400M (close to its peak of RM 447M).
Free Cash Flow: RM 17.39M, which is solid and...
Looking at some key financial data:
Operating Income: Increased by 26.05% quarter-over-quarter, breaking its downtrend.
Total Assets: Holding strong at over RM 400M (close to its peak of RM 447M).
Free Cash Flow: RM 17.39M, which is solid and...
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Every trader aims to make the most out of an uptrend by taking profits at resistance and buying back at support. But in practice, most traders struggle to execute this plan.
Why? Psychology plays a big role. When a stock hits a high, many hold on, hoping it’ll climb even more. When it dips, fear sets in—will it keep falling, or is it just a small pullback? By the time it hits support, hesitation often leads to missed opportunities.
This stra...
Why? Psychology plays a big role. When a stock hits a high, many hold on, hoping it’ll climb even more. When it dips, fear sets in—will it keep falling, or is it just a small pullback? By the time it hits support, hesitation often leads to missed opportunities.
This stra...
I believe that the Malaysia Technology Index is about to rebound, and I’ve applied a simple screening method to pick out the top tech stocks that could benefit from this trend.
First, I filtered tech stocks by looking for companies with a market cap over RM 500M. Then company with Positive PE and Positive ROE. This gave me a list of 24 stocks. Then, I used these factors to compare the stocks volume to see how much the stock is being tr...
First, I filtered tech stocks by looking for companies with a market cap over RM 500M. Then company with Positive PE and Positive ROE. This gave me a list of 24 stocks. Then, I used these factors to compare the stocks volume to see how much the stock is being tr...
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Technical Setup:
The stock took 67 days to break out of the consolidation zone between RM 0.96 and RM 1.16 with high volume, indicating potential bullish momentum.
After the breakout, there is a high probability of a pullback, which creates an opportunity to enter at lower levels within the buy zone.
Entry Strategy:
Plan to accumulate shares during the pullback between RM 1.10 and RM 1.15, a zone that offers a favorable entry based on support and risk management levels.
Pro...
The stock took 67 days to break out of the consolidation zone between RM 0.96 and RM 1.16 with high volume, indicating potential bullish momentum.
After the breakout, there is a high probability of a pullback, which creates an opportunity to enter at lower levels within the buy zone.
Entry Strategy:
Plan to accumulate shares during the pullback between RM 1.10 and RM 1.15, a zone that offers a favorable entry based on support and risk management levels.
Pro...
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Technical Setup:
The stock is trading near its 52-week low, which suggests it might be oversold.
The RSI is also in the oversold area, increasing the likelihood of a potential rebound.
Financial ratios show PE at 21 and ROE at 22%, indicating that the stock’s fundamentals remain strong, and it may be undervalued at current levels.
Entry Strategy:
The buy zone between RM 1.10 and RM 1.16 represents a favorable entry point based on current support levels and the stock’s over...
The stock is trading near its 52-week low, which suggests it might be oversold.
The RSI is also in the oversold area, increasing the likelihood of a potential rebound.
Financial ratios show PE at 21 and ROE at 22%, indicating that the stock’s fundamentals remain strong, and it may be undervalued at current levels.
Entry Strategy:
The buy zone between RM 1.10 and RM 1.16 represents a favorable entry point based on current support levels and the stock’s over...
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