Quater report positive and increasing, with 8 fold profit, and demand of eggs increasing, definitely a buy. TP RM1.10
1. The price of GFM has recently experienced a notable recovery, surpassing the MA50 with a significant surge in trading volume. This occurrence indicates a high likelihood of the ongoing bullish trend. 2. Substantial gap emerged in the price following the government's announcement regarding the adjustment of prices for eggs and chicken meat 3. However, it is...
1. Combination of PVA is very interesting and powerful tool that we can used to predict the price trajectory. 2. In the example above (LAYHONG, a poultry stocks in Malaysian Stocks Market). 3. This is my analysis on the stocks: a) Price making lower low and retesting a major trendline. b) Low volume while retesting the trendline c) A bullish divergence is shown...
Is Layhong moving upward? Waiting for volume in? This is for study only not a buy call
The candlestick indicates a price breakout due to significate price movement with volume confirming the price movement. The Price closed above the MA200 line, hence with the possibility of a strong price uptrend pattern towards the next price resistance. A precaution where the RSI is above indexes 70 where LAYHONG becomes overbought. MACD and OBV indicators...
Hello everyone, if you like the idea, do not forget to support with a like and follow! Fundamental Analysis Layhong is under poultry sector in Malaysia. Malaysia currently under MCO 2.0 lockdown, and potentially an extension of lockdown. Festivals seasons for Poultry Sector like Layhong consider as Peak Seasons. With MCO 2.0 lockdown in Malaysia,...
Current Price: 0.330 S1: 0.325 S2: 0.315 R1: 0.335 ( RRR = 1:0.5) R2: 0.350 ( RRR = 1:1.5) R3: 0.365 ( RRR = 1:3)
First I always look at the chart first, identify which market structure we are in? Personally, I look at Layhong now currently breaking below MA 200, will head to around MYR 0.28 Support area . Myr 0.28 Support area for Jaks will be a lower downside risks investment. Currently not suitable for entry while we continue to monitor. Momentum indicator also...
Sektor: Consumer Products Sub Sektor: Agricultural Products Status Indeks: Buat HL dan meneruskan kenaikan (uptrend) Status Fundamental: - Market stage: 2 Trading Plan: Target Price 1 (TP1) - 0.44 Target Price 2 (TP2) - 0.495 Strong Support (SS) - 0.38 Cutloss (CL) - 0.365 Cadangan 'entry': 1) Harga kemungkinan akan naik terus pecah R3 / ATH dan R3 akan...
Layhong, has most likely done its deep correction and it is now in reversal uptrend phase. This is supported with Price - MACD divergence, and price broken out from its recent flag pattern. Its near term resistance is around 0.51, but the stock is bullish in long term once 0.51 is further broken out. Happy trading.
BO resistance. 365-375 turned into support next resistance 400-410
TP wajib 0.43.. sekiranya naek lebih boleh set tp TP2 0.505 TP3 0.645
As shown on the chart, Price action crossed up the long term downtrend resistant line with Volume, Low1 and Low2 formed a Divergence in MACD. 1st TP will be at RM0.45. 2nd TP will be at RM0.535. Cutloss at RM0.27/RM0.28 Profit Loss Ratio = 3 : 1
layhong Tp 0.645... Elok die rebound dekat 50% fibo