Buy signal for SENHENG observed on 5th Jan '24 at RM0.340 based on MRV1 setup. Support area could be established at equilibrium support area of RM0.325. Suggested stop loss set lower at RM0.305 to maintain minimum risk of 10%. Stop loss aligns with next support area based on equilibrium. Target price set at RM0.410 with a 1:2 risk/reward ratio. Option to...
This is a repeated signal that was triggered multiple times, but the focus is on the one that happened on 14 Dec 2023 at the closing price of RM0.335. The support area could be established at the equilibrium support area of RM0.300, which is also suggested as the stop loss to maintain a minimum risk of 10% based on the price. The target price is somewhere...
This is a repeated signal that was triggered on 26 Dec 2023 at the closing price of RM0.230. The support area could be established at the equilibrium support area of RM0.215. Suggested stop loss at RM0.205 to comply with the minimum risk of 10% based on the price. The target price is at RM0.280 with a 1:2 risk/reward ratio, aligning with the equilibrium...
This is the first signal following the retracement due to a sudden spike in both price and volume. The support area could be established at the equilibrium support area of RM0.200. Suggested stop loss at RM0.195 to comply with the minimum risk of 10% based on the price. Consider setting the stop loss around the next equilibrium support area at RM0.165 due...
This is actually a repeated signal, as it was previously triggered on 29 Dec 2023 at a similar price of RM0.275. The support area could be set at RM0.245, or at the equilibrium price of RM0.240. Either way would still adhere to the minimum 10% risk based on the price. The target price is RM0.335, to maintain a risk/reward ratio of 1:2. However, you may choose to...
Buy signal triggered based on MRV1 setup at RM0.275; 20% target at RM0.330; stop loss at RM0.245; 2-3 months due to the signal based on the daily timeframe. **Only for discussion purposes. Not a buy / sell call.
This is actually a repeated signal, as it was previously triggered on 13 Dec 2023 at a similar price of RM0.385. The support area could be set at the most recent pivot low of RM0.350, which coincides with the equilibrium support area. However, I would set the stop loss to RM0.345 to adhere to the minimum 10% risk based on the price. The target price is...
- This is actually a repeated signal, as it was previously triggered on 14 Dec 2023 at a similar price of RM0.220. - Although the support area could be higher, I would set the stop loss to RM0.195 to avoid having a stop that’s too tight. - The target price is RM0.270. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based...
- This is actually a repeated signal, as it was previously triggered on 19 Dec 2023 at a similar price of RM0.335. - Although the support area could be higher, I would set the stop loss to RM0.300 to avoid having a stop that’s too tight. - The target price is RM0.405. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on...
Buy signal triggered based on MRV1 setup at RM0.345; 20% target at RM0.415; stop loss at RM0.310; 2-3 months due to the signal based on the daily timeframe. **Only for discussion purposes. Not a buy / sell call**
Buy signal triggered based on MRV1 setup at RM0.240; 20% target at RM0.290; stop loss at RM0.215; 2-3 months due to the signal based on the daily timeframe. **Only for discussion purposes. Not a buy / sell call**
Buy signal triggered based on MRV1 setup at RM0.145; 20% target at RM0.175; stop loss at RM0.130; 2-3 months due to the signal based on the daily timeframe. The first buy signal comes after a major waterfall. It could be price movement messing with the reading, but it should be fine after a little bit of chaos in momentum reading after consolidation in late May. ...
Buy signal triggered based on MRV1 setup at RM0.385; 20% target at RM0.465; stop loss at RM0.345; 2-3 months due to the signal based on the daily timeframe. The second buy order after a great jump in price and volume traded and subsequent retracement. Given the large historical price spread between high and low of this counter, immediate resistance is at RM0.425...
- The stop loss level is RM0.165, which limits the downside risk to around 10%. - The target price is RM0.390. To maintain a risk/reward ratio of 1:2, you may choose to adjust this to 1:1.5 or 1:1 based on your preference. - The time horizon is 2-3 months, as the signal is derived from the daily chart. - This is a classic 1-2-3 breakout, creating a new higher high...
Buy signal triggered based on MRV1 setup at RM0.115; 20% target at RM0.140; stop loss at RM0.100; 2-3 months due to the signal based on the daily timeframe. The first buy signal after shares consolidation. Could be price movement messing with the reading but should be fine after a little bit chaos in momentum reading after consolidation late May. **Only for...
The IFCAMSC buy signal was triggered based on the MRV1 setup at RM0.285. The target is a 20% increase to RM0.345, with a stop loss of RM0.255. This is expected to take 2–3 months due to the signal being based on the daily timeframe. The price seems to have been hopping around the price of RM0.280, establishing an accumulation base price for the counter. A price...
The GOB buy signal was triggered based on the MRV1 setup at RM0.225. The target is a 20% increase to RM0.275, with a stop loss of RM0.200. This is expected to take 2–3 months due to the signal being based on the daily timeframe. The price seems to have been supported well at the price of RM0.210, and a sudden spike after a few sessions of flat movement seems like...
The RGTBHD buy signal was triggered based on the MRV1 setup at RM0.245. The target is a 20% increase to RM0.225, with a stop loss of RM0.165. This is expected to take 2–3 months due to the signal being based on the daily timeframe. The price movement pattern has stagnated after a major downtrend from the November 2021 peak. Now hovering above the support area of...