NYLEX 8/6/2023This is not a buy call!
seems like strong uptrend for MYX:NYLEX
New breakout (BD)
EP : 0515/0510
CL : 0455/0460
TP: 0550 (CAN STAY IF STILL UPTREND)
BD :Yes
Daily Uptrend
Weekly Uptrend
Waiting Period : 20 days
−0.010MYR
−1.51 MMYR
211.00 KMYR
178.91 M
About NYLEX (M) BHD
Sector
CEO
Ka Wei Siew
Headquarters
Shah Alam
Website
Founded
1970
ISIN
MYL4944OO004
FIGI
BBG000BG34Y2
Nylex (Malaysia) Bhd. is an investment holding company, which engages in the manufacture and marketing of vinyl-coated fabrics, calendared film and sheeting, rotomolded plastic products, and other plastic products. The company was founded on March 26, 1970, and is headquartered in Shah Alam, Malaysia.
Pocket Pivot Setup NYLEXSector : Industrial Products
Price today just brokeout pocket pivot with high volume.Hopefully price intact above previous support.
Fundamentally,consistently increasing sales and profit over 4 consecutive quarter.
To Motive Wave 5My prediction is Wave 5 under way soon and will terminate at at least Fib Ext 1.272/1.618 Monitor Price whether can break RM1.29/30 with average volume. TAYOR
NYLEX at RBS?Technical Analysis
MYX:NYLEX
MACD not yet buy signal
RSI above 50%
ADX buy signal
Trading Plan
Buy: $1.63 and below
TP: $1.97
Cut loss price: $1.51
Cut loss %: 7.36%
R:R ratio: 2.83
NYLEX TO COMPLETE MINOR WAVE 5 FOR MAJOR WAVE 3Seems like NYLEX is moving upward to complete minor wave 5 for major wave 3 around RM1.55 after recent triangle breakout suggesting the continuation pattern. TRADE AT YOUR OWN RISK
Coming Back?Let monitor it. We had done our Profit Locking. See if the price move to our favour and there may be another chances
NYLEX (BURSA WK42 2021)After a long consolidation since May till Sept, price was started boost up at 15 of Sept.
Stage 1 is completed, and Stage 2 - Uptrend is on going.
A trade reversal retracement at 14 Oct and 15 Oct is a confirmation day. Bullish candle with volume (1.2x average volume), Stochastic golden cross at 30
Beautiful set up for NYLEX BHDIntact uptrend with proper cup and handle set up.
Banker Chips piling up on Wednesday and we notice minor contracting volume on Friday.
Good sign that Banker may churning off unstable retailers before strong rally.
MAny signs show that big boys already very heavily involved in this counter and we
Come on Smart Money. AwaitingPossible a new uptrend forming after a while forming.
Patient and Risk is the keys.
Nylex Possible to retest breakoutRisk and Reward is 1:2 and 3, possible open trading will be show green and a week to show potential bullish.
Buyer tend to take control.
Price Action is key to decide Entry Price.
See all ideas
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Frequently Asked Questions
The current price of NYLEX is 0.240 MYR — it hasn't changed in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange NYLEX (M) BHD stocks are traded under the ticker NYLEX.
NYLEX (M) BHD is going to release the next earnings report on Apr 25, 2024. Keep track of upcoming events with our Earnings Calendar.
NYLEX stock is 0% volatile and has beta coefficient of 1.27. Check out the list of the most volatile stocks — is NYLEX (M) BHD there?
Yes, you can track NYLEX (M) BHD financials in yearly and quarterly reports right on TradingView.
NYLEX stock hasn't changed in a week, the last month showed zero change in price, over the last year NYLEX (M) BHD has showed a 42.17% decrease.
NYLEX net income for the last quarter is −375.00 K MYR, while the quarter before that showed −515.00 K MYR of net income which accounts for 27.18% change. Track more NYLEX (M) BHD financial stats to get the full picture.
Like other stocks, NYLEX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NYLEX (M) BHD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NYLEX (M) BHD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NYLEX (M) BHD stock shows the sell signal. See more of NYLEX (M) BHD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.