Continue Reading... FBMKLCI Capitalisation Weighted Index
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FBMKLCI Capitalisation Weighted Index

FBM KLCI is a capitalisation weighted stock market index composed of the 30 largest companies on the Bursa Malaysia. A…

Continue Reading... MFlour RM0.73 Support
Posted in Mflour

MFlour RM0.73 Support

MFlour has rallied to RM0.84 since early 2019. On 4 April, lack of volume indicated the demand was tired and…

3 Comments on Ekovest Breaks RM0.79 Support
Continue Reading... Ekovest Breaks RM0.79 Support
Posted in Ekovest

Ekovest Breaks RM0.79 Support

Refer to previous Ekovest post. (Click here) After the rally in April, the stock was traded above RM0.79. The green…

Continue Reading... Dayang Selling Climate Persists
Posted in Dayang

Dayang Selling Climate Persists

Dayang Selling Climate

Continue Reading... Dufu Breaks Strong Support.
Posted in Dufu

Dufu Breaks Strong Support.

The reaccumulation in early 2019 shows a potential rally. After the rally in Feb 2019, the stock retested RM1.52 supports….

Continue Reading... Kossan Is Uptrend But Not A Call Buy.
Posted in Kossan

Kossan Is Uptrend But Not A Call Buy.

After accumulation in early 2019, Kossan found support at RM3.47. On 11 April 2019, the stock retested the support and…

Continue Reading... Upthrust
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Upthrust

Upthrust is a failed breakout in an event of a stock rally. The stock moves above a resistance line and…

Continue Reading... The Ambiguity of Ascending Triangle and Descending Triangle.
Posted in Articles

The Ambiguity of Ascending Triangle and Descending Triangle.

Some website and books refer ascending triangle to bullish pattern and descending triangle to bearish pattern. The following description is…

Continue Reading... Carimin (5257) Forms An Ascending Triangle with Three Upthrusts
Posted in Carimin

Carimin (5257) Forms An Ascending Triangle with Three Upthrusts

After breaking the RM0.65 resistance, the stock rallied to RM0.95. Here, the demand exhausted and the stock reversed to RM0.705….

Continue Reading... Hibiscus (5199): Support at RM1.09
Posted in Hibiscus

Hibiscus (5199): Support at RM1.09

After 22nd March post, Hibiscus gaped down on Monday and closed lower at RM1.05. It could be an upthrust since…

Continue Reading... Bumi Armada (5210) Accumulation
Posted in Armada

Bumi Armada (5210) Accumulation

In 2017, Armada formed a so-called ascending triangle and the resistance was broken on 5 January 2018 with a high…