$HIBISCS (5199.MY)$ Impact of Increased Crude Oil Production in the USA 📉
Downside Risks for Oil Prices: Increased Shale Oil Production in the USA may lead to global supply glut, dragging down Brent Crude and WTI Crude Oil prices.
Market Expectations: If OPEC+ does not significantly reduce production, oil prices may come under further pressure, thereby affecting the trend of energy stocks.
Hibiscus Relevance: HIBISCS is mainly engaged in upstream oil and gas exploration. A drop in oil prices will affect its profitability, potentially leading to stock price pressure in the short term.
Combining technical analysis: short-term trading strategy
Currently, ZL_MACD is still below the zero axis, but the black line has crossed above the orange line, indicating the possibility of a short-term rebound. Considering the market's concerns about oil prices, the following strategy can help reduce risks:
📌 Short-term strategy 1️⃣ Buy Range:
If the stock price breaks through RM1.85 (previous resistance) and ZL_MACD continues to rise, consider buying.
If the stock price pulls back to around RM1.75 without breaking below, it is worth attempting to Buy.
2️⃣ Take profit target:
The first target is RM1.90 (short-term resistance level)
The second target is RM2.00 (if the Crude Oil Product stabilizes).
3️⃣ Stop loss level:
If it falls below RM1.75 and MACD turns downward, it is necessary to stop loss in time.
If the oil price falls below the key support level (such as $72-$75), the Energy Sector may come under pressure, and Hibiscus may follow the Large Cap index in a pullback.
📌 If the oil price falls below the key support level, Hibis...

$YTL (4677.MY)$ From the chart, the trend of the ZL_MACD (Zero Lag MACD) indicator can help us determine whether YTL has the opportunity to rise to RM2.20. We can analyze from the following aspects:
Current ZL_MACD trend
Currently, the ZL_MACD indicator (black line) has just rebounded from a low level and crossed above the signal line (orange line), which is typically a short-term Call signal.
Several past similar patterns (such as July, October, and December) have been accompanied by a rebound in the stock price, so this time may also drive the price up.
Momentum and Strength
Observe the histogram of ZL_MACD (red and green area), currently the red area is decreasing, approaching to turn green, indicating that selling pressure is weakening and buying interest is strengthening.
After the previous few turns to green, the stock price has experienced certain upward movements, suggesting that there may be further rebounds in the next few days.
Historical trend comparison
In the past few ZL_MACD bottomed out and rebounded, the stock price has shown a certain extent of increase. For example, the trends in September, November, and January were similar, followed by a price increase of about 10-20%.
If this rebound follows a similar trend, rising 10-15% from the current RM2.05 to RM2.20 would be a reasonable short-term target.
Forecast Conclusion:
✅ There is a high probability that the YTL stock price will rise to RM2.20 in the short term (within a few weeks), mainly based on the rebound signal of ZL_MACD.
⚠️ But we need to pay attention to:
Whether MACD can break through the zero axis (stronger...

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