MINETEC has reach RM 0.330 in year 2014 (which will be resistance), that it need to break before get new high in 5 years..
but it need firstly break blue triangle and R1 at RM 0.290..
if target R1, RRR = 1.5
stoch. RSI still oversold and accumulate mementum..
#jun20
this counter need to breakout Resistance RM4.000 and MA 200..
in order to get to next resistance RM4.200..
RRR to first resistance only 1..
but if extend to next Resistance, the RRR will be more nice.
stoch RSI still in oversold and could have momentum to break the resistance mention above.
p/s: this counter a bit expensive :)
#jun20
MSC sideway between resistance 1 (RM 0.730) and support (RM 0.695).
likely will take some time to reach Resistance 2 (RM 0.765)
stoch. RSI oversold, so it has momentum to resistance.
Risk reward ratio not so nice, only 1.
p/s: not so active counter
#jun20
carimin had finished 3rd wave of elloit chart. wave 1 retrace about 90%. based on its strong momentum, it may retract to only 0.786~0.618 before shooting up again
AXIATA BHD stock can rise in wedge pattern if level of 3.60 hold it can rise 3.95.
Momentum indicator also rising after sell off in stock from level of 4.79 to 3.20.
Below 3.60 can retest lower trend line support.
Berjaya Corporation Bhd after forming double bottom around 0.260 consolidate in price band of 0.270-0.290.
On first time stock breaks and made high 0.290 with volume surge.
Stock can rise till 0.300-0.315 with support comes at 0.260 on closing basis
FRONTKEN CORPORATION BHD looks oversold and can rise with strict sl of 0.550 with price target of 0.720.
Rsi below 20 in oversold zone and some bounce expected.
Astro Malaysia stock forming inverted head and shoulder formation took support around 1.240 can rise up to 1.40 level.
Below 1.24 this pattern fail and stock can test lows to form double bottom.
Revenue Group Bhd Malaysian stock recently broke rising trend line joining last two month lows.
Below 1.30 stock can slide further till 1.26 & 1.21.
Momentum indicator also making lower lows.
