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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…

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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…

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Posted in Dayang

Dayang Forms A Descending Triangle.

Dayang Forms A Descending Triangle.

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Posted in Inari

Inari (0166) Breaks Triple Tops Formation

Inari formed a head-and-shoulder formation back in October 2018. The climatic sell forced the stock to break RM2.15 support and…

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Posted in Ekovest

Ekovest Proposed Private Placement After Upthrust

Since May 2017, Ekovest had dropped from RM1.40 and found support at RM0.41 in December 2018. After consolidating above RM0.41,…

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Posted in IWCity

IWCity (1589): Retailers buy the news?

An old phrase in Wall Street – “Buy the rumour, Sell the news”. It means a trader starts to accumulate…

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Posted in Tenaga

Tenaga Nasional Berhad (5347) climatic sell based on the news of Khazanah placed out 85mil shares at RM1 billion.

On 10 October 2018, Tenaga fell RM0.80 on a single day and it dropped further to RM13.58 on the next…

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Posted in Genting

Genting Berhad (3182) False Breakout

After the rally in early 2017 with the bull market, the stock started to show distribution. In the second week of July 2017, the secondary test (1) was established in a week period and the volume was higher compared to the previous 5 weeks. The stock rallied for two months and it (2) wasn’t able to break the resistance of RM9.60. The lower low

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Posted in Sapnrg

A green hammer means bullish? Sapura Energy on 28.3.2019

On 25 March, the uptrust candle with high volume was a bearish pattern. Although the market was filled with news…

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Posted in Sapnrg

Sapura Energy Berhad (5218) Shows Sign Of Strength

I have a friend who is still holding this stock at a very high price about RM2.30 in July 2015;…

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Posted in Dayang

Dayang no longer a hot stock?

After my previous Dayang post on 17.3.2019, the next day Dayang shows a red candle and another red candle on…

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Posted in Hibiscus

Hibiscus (5199) share price is going up again?

22nd March 2019 is an interesting day for Hibiscus. The price moves up until RM1.13 then sell down to RM1.11….