Last week, tech and energy stocks successfully rebounded more than 10%. If you’re a trader, it’s important to start planning your profit-taking strategy for this rebound.
How to Determine Profit-Taking Targets?
Let’s take GREATEC as an example. I use reverse Fibonacci retracement by pulling from the lowest price to the previous peak to estimate potential resistance levels. Based on this method:
🔹 This gives me a profit-taking target of RM 1.85.
How to Execute the Profit-Taki...

The market is going through a major pullback, with many fundamentally strong stocks dropping 20%-50%. My portfolio has also taken a hit, but I don’t believe this is a bear market—there’s no major crisis like war, pandemic, or great recession triggering a long-term downturn.
Take tech stocks as an example. While Nasdaq’s drop has impacted the sector, a stock’s value cannot fall endlessly just due to macroeconomic pressure. At some point, value emerges. That’s why I plan to ho...

Yesterday, GREATEC reported solid earnings, with QoQ profit and revenue growth. The stock opened with a 3% gap up, touched a 7% increase, but eventually closed down 1.63%, leaving many traders confused.
💡 Here’s My Take:
1️⃣ Short-term market movements are not always logical – Stock prices don’t always reflect their true value immediately. No need to overanalyze every move.
2️⃣ Weak macro sentiment in Malaysia – Today 304 stocks were down while only 1...

It’s been more than two weeks since my last post due to Chinese New Year, but now I’m back with a fresh trading idea! Since HSI is on a strong bull run, I’m revisiting HSI stocks. One of the stocks on my radar is CMOC.
✅ Fundamentals: Strong financials with low PE ratio and good ROE.
📈 Technical Setup: The stock has crossed above the 20 EMA on the weekly chart, signaling an uptrend.
💰 Entry Strategy:
🔹 First entry: Near 10 EMA on the daily chart to avoid missing th...

When it comes to gauging the overall Malaysian market, I believe the FTSE Bursa Malaysia EMAS Index is a better benchmark than the KLCI index. Why? Because it provides a broader view, covering 10 industries and 39 sector indices, offering a more comprehensive representation of the market.
📉 Current Market Overview:
– The EMAS Index is currently in a downtrend.
– A critical point to watch: if the 10 EMA crosses below the 20 EMA and the index further breaks the trend...

To me, NationGate remains one of the strongest tech stocks and a key player in the Data Center theme. Despite the recent 20% drop from its peak, I see this as an opportunity rather than a concern.
📉 Current Situation:
– The stock price has experienced strong selling momentum, likely driven by macro issues and profit-taking by traders.
– This presents a potential buying opportunity, especially for those who believe in its long-term growth story.
📈 My Strategy:
1️⃣ First Entry...

I foresee the Hang Seng Index (HSI) showing short-term upside potential. As a result, I am expanding my watchlist to include HSI stocks, and one stock that has caught my attention is Lenovo.
📊 Why Lenovo?
1️⃣ Technical Setup:
– The 10 EMA recently crossed above the 20 EMA, signaling the start of an uptrend.
– The stock is currently pulling back, finding support at the 10 EMA and aligning with the Fibonacci 0.5 retracement level, making it a favorable entry point.
2️⃣ Fundame...

In trading, knowing how to buy is just the beginning. It's like being a student learning the basics. But knowing how to sell—that’s what separates the masters from the rest.
Here’s when I consider selling or reducing my position, especially during an uptrend when my P/L is positive:
1️⃣ RSI Alert: When the price hits above RSI 70 on the daily chart, it's often a signal of overbought conditions.
2️⃣ Volume vs. Price Movement: Sudden high volume during an up...

The Technology Index is currently in the overbought range on the daily RSI, signaling a potential pullback soon. Additionally, Nasdaq has started retreating from its peak, which could influence tech stocks globally.
Caution Ahead:
Some tech stocks might be overbought, making this a good time to consider taking profits.
📊 For example:
1️⃣ Frontken:
– RSI Divergence spotted
– Volume-Price Analysis: Price surged significantly, but trading volume remained low — a potential warning ...