$SUPERLN (7235.MY)$ sell on news?
Rubber products manufacturer SUPERLN said its net profit jumped more than threefold for the fourth quarter that ended April 30, 2024 (4QFY2024), thanks to higher gross profit amid increased demand for its products and lower effective group taxation.
Net profit surged to RM2.05 million from RM608,000, as revenue climbed 26.4% to RM30.9 million from RM24.43 million a year earlier due to higher sales volume. The increase in pro...

$CRESNDO (6718.MY)$ net profit for the 1QFY2025 surged to RM289.03 million from RM13.2 million in 1QFY2024, due to land sales for a data centre in Nusa Cemerlang Industrial Park in Johor.
$CRESNDO (6718.MY)$ Weekly Chart
Long term trend: Bullish
Short term trend: Bullish, close above RM3.95 to trigger more upside
Fibo Analysis ( Feb 2024 low to Apr 2024 high): Consolidation and retest previous high of RM3.95, close below 61.8% around RM3.28 to trigger more ...

$Nike (NKE.US)$ forecast a surprise drop in fiscal 2025 sales, as its direct-to-consumer strategy falters and the sportswear giant faces stiff competition from newer brands such as On and Hoka, pushing its shares down 12% after hours.
Will there be a chance for NKE to rebound tonight?
$Nike (NKE.US)$ Weekly Chart
Long term trend: Major correction after a bull trend
Short term trend: Sideway to lower, price hit its lowest since Oct 2022
Fibo Analysis (Dec 2023 hi...

$MNHLDG (0245.MY)$ , as 1 of the potential beneficial of data centre development and green energy in Malaysia, the share prices is testing to record new fresh high, close above RM0.965 to trigger more upside
What will be the support level of MNHLDG and where will be its next price level?
$MNHLDG (0245.MY)$ Daily Chart
Short term trend: Bullish
Fibo Analysis based on recent bull wave: rebound from a corrective wave from 61.8% and testing another bull wave
Resi...

$Micron Technology (MU.US)$ declined nearly 8% during extended trading hours after it published quarterly results and issued guidance. Despite beating the average analyst estimate for the third quarter and topping forecasts for the fourth quarter, Micron didn't deliver the blowout some investors were expecting.
Another case of share price fall after it missed market expectation despite a better than expected quarter result, showed that market/investor sentiment ...

$MESB (7234.MY)$ retest key resistance level
MESB started a bull wave since its low in Mar 2024, which recorded more than 50% gain within 4 months, can it go back to 2017 high of around RM0.915?
$MESB (7234.MY)$ Weekly Chart
Long term trend: Sideway
Short term trend: Sideway and testing rebound to break sideway high
Fibo Analysis (Oct 2017 high to Mar 2020 low): Testing 61.8% key fibo level, close above RM0.645 to trigger sideway breakout bullish signal, potent...

$NVIDIA (NVDA.US)$ fell from above USD140 to below USD120 after the split, which is more than 10% losses in just 3 days, signaled a cooling momentum in this AI rally
$NVIDIA (NVDA.US)$ Daily Chart
Long term trend: Bullish
Short term trend: Bullish with technical correction
Fibo Analysis (Apr 2024 low to Jun 2024 high): Price is testing 38.2% currently, close below USD115 to trigger more downside
Resistance: USD125, USD130, USD140
Support: USD115, USD105, USD100...

Another case of sell on news, $VS (6963.MY)$ fell more than 4% today after the company proposed a bonus issue of up 395.7 million warrants on the basis of one warrant for every 10 existing shares.
VS's share prices had been rallied for more than 80% of gains since its low in around Feb 2024 of RM0.705. The prices further break out RM1.07 and formed a double bottom bullish chart pattern. In my opinion, the momentum is still consider healthy and reasonable to have...

$OFB (0312.MY)$, a frozen seafood company en route to the ACE Market at an initial public offering (IPO) price of 28 sen, has been valued at between 35 sen and 54 sen by analysts. TA Securities valued the stock at 35 sen and Mercury Securities at 54 sen, according to Theedge.
Ocean Fresh is expected to have a market capitalisation of RM58.84mil upon listing, based on an enlarged issued capital of 210.15 million shares. From the new shares, 37.83 mi...