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$HEXIND (0161.MY)$
Hextar Industries Bhd appears to be continuing its good upward trend riding on the positive momentum. The counter has shown a rebound from its recent low of 39 sen on 19 Sep before closing at 45 sen on 30 Sept.
Hextar Industries net profit fell 78.1% year-on-year for the first quarter ended March 31, 2024 (1QFY2024), dragged by lower average selling prices (ASP) and higher raw material costs due to the weaker ringgit despite high...
Hextar Industries Bhd appears to be continuing its good upward trend riding on the positive momentum. The counter has shown a rebound from its recent low of 39 sen on 19 Sep before closing at 45 sen on 30 Sept.
Hextar Industries net profit fell 78.1% year-on-year for the first quarter ended March 31, 2024 (1QFY2024), dragged by lower average selling prices (ASP) and higher raw material costs due to the weaker ringgit despite high...
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Technical Setup:
The stock previously rebounded from the uptrend line, showing bullish support at current levels. Volume has been increasing for the past 4 days, indicating growing interest and potential momentum for a reversal, adding confidence to the trade. The buy zone between RM 2.00 and RM 2.09 is tight, but it offers a strong entry point with a high risk-to-reward ratio.
Entry Strategy:
Accumulate shares within the RM 2.00 - RM 2.09 range. While the stock remains in...
The stock previously rebounded from the uptrend line, showing bullish support at current levels. Volume has been increasing for the past 4 days, indicating growing interest and potential momentum for a reversal, adding confidence to the trade. The buy zone between RM 2.00 and RM 2.09 is tight, but it offers a strong entry point with a high risk-to-reward ratio.
Entry Strategy:
Accumulate shares within the RM 2.00 - RM 2.09 range. While the stock remains in...
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alleybetwixt
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$NIO Inc (NIO.US)$ obviously, Nio Q3 is way much better comparing to last year. .
some drop maybe players to confuse panic sellers so they can grab more ..my tot only..
some drop maybe players to confuse panic sellers so they can grab more ..my tot only..
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alleybetwixt
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China is going nearly ALL IN to boost the economy and meet its growth targets! Following a pivotal Politburo meeting, state media has affirmed the government's latest efforts, sparking a significant rally in Chinese stocks today. China is reportedly considering a $142B boost to spark optimism and stabilize the economy. The Politburo has vowed to steady the housing market and increase fiscal support. Top Chinese leaders have called for sufficient fiscal spending, measu...
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alleybetwixt
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