Now doing sideways cha cha at 1.12 to 1.16, then looking forward to high tempo tango

My view on Astro's charts is clear downtrend. Stay away or cut loss....holding on means opportunity cost to take on other trades. Fundamental view on Astro is that it is becoming more NOT RELEVANT due to how we consume contents and the streaming giants will be here to stay. For Astro to compete and stay relevant, they really have to reinvent themselves and carve out a new niche. Hope the Board Members realise and push for change.

My read on MRCB charts is positive.....uptrending, and looks like momentum going strong. With expectation of budget to be a catalyst, will add this to my shortlist.

Since you are interested in TA, just sharing that there is an upcoming event on Technical Analysis and Trading Simulation, organised by Sunway Business Investment Society happening next month, Oct 2023. You can find out more details as i share the details of the event here on Youtube https://youtu.be/KBM0oDR3GRQ?si=zBJ6LrCF8SxD6iT9

One of the event sponsors is Ted Optimus, which I am checking out now to explore their software. They have 2 weeks free trial. You can consider that as well.

You can check out trading view, they have free or paid version. I use the free version, paid version will have more features and use of more indicators at one time.

Anyone here interested in trading simulation contest and attending technical analysis workshop? There is one event next month by Sunway Business Investment Society. Did a review of the event here, do watch to find out more. Cheers.

Sunway Business Investment Society's (SBIS) 2023 Event - Technical Analysis and Trading Simulation
https://youtu.be/KBM0oDR3GRQ

Yay, dividend on the way back up.

Maybank IB put out a trading idea for MRDIY on 1 Sept 2023, so far has not hit the stop loss nor target price.

For me looking at the charts, this stock is down trending short term and going through a distribution phase. Not a BUY for me.

For a look at how Maybank IB trading ideas have performed so far, do support my video which shows their trading idea outcome so far.

Hit or Miss: Backtesting Trading Ideas from Maybank IB (JTIASA, TAANN, MRDIY, NGGB, BIMB, AFFIN)
https://youtu.be/-kI8sBJKGCQ

I did a short video reviewing Maybank IB trading ideas, do have a look and hope you will find it helpful.

Hit or Miss: Backtesting Trading Ideas from Maybank IB (JTIASA, TAANN, MRDIY, NGGB, BIMB, AFFIN)
https://youtu.be/-kI8sBJKGCQ

Maybank IB stop loss 3.43 for this stock was hit on 7 September. For me, looking at the chart, this stock likely sideways or down trending. TaAnn holders revisit if you are trading coz short term not looking too strong.

JTIASA was a trading idea stock from Maybank IB on 1 Sept 2023. Hit their TP1, and now looks strong to hit TP2. I just started to track IB's trading ideas, to see if they hit or miss. Compiled them into Notion for sharing purpose. As well created a short Youtube video to talk about other Maybank IB's trading idea, whether they hit the mark or missed it all together. Do consider watching and subscribing, it is for sharing and learning purpose. Link below. TQ

https://youtu.be/-kI8sBJKGCQ

with budget coming too, hoping the news will fan interest in construction stocks. stay the course until chart tells me otherwise.

Interesting times to be trading, September is choppy and many bumps along the way and potentially coming. Let's stay the course unless chart shows me trend reversal. September only few more trading days. Gambatte !!

My timeframe is short. Target 0.525 and 0.55

Will how the chart moves to determine when to close out.

Today will be interesting, always wonder impact on fed rate announcement on bursa listed stocks. Will see market reaction soon. All the best

Moving this morning. Momentum to carry on till end of week?

WCT was a buy call by Maybank last Friday. I had a look at the technical chart, looks like positive signs for a buy.

I use a couple of indicators to do my stock picks. Sharing in this video I posted last night. If interested do watch and support the channel. Cheers

Stock Battle Royale (WCT, ECA and XL)
https://youtu.be/bR7WaPkK01I

Entered a position last week. As long as the trend holds up, will be going long.

Maybank Investment Bank did a trading ideas Youtube video on XL in their 15 Sept 2023 Trading Ideas video (https://youtu.be/rIk69xVlJCc?feature=shared). It's a buy from them. I too did my own analysis and came to the same view, it's a buy from me too from my own trading and technical perspective. If you would like, do watch and support the video where I breakdown my simple view on the charts. Link to my video as follows https://youtu.be/bR7WaPkK01I

Maybank Investment Bank did a trading ideas Youtube video on ECA in their 15 Sept 2023 Trading Ideas video (https://youtu.be/rIk69xVlJCc?feature=shared). It's a buy from them. I too did my own analysis and came to the a different view, it's a NO TRADE from me from my own trading and technical perspective. If you would like, do watch and support the video where I breakdown my simple view on the charts. Link to my video as follows https://youtu.be/bR7WaPkK01I

Maybank Investment Bank did a trading ideas Youtube video on WCT in their 15 Sept 2023 Trading Ideas video (https://youtu.be/rIk69xVlJCc?feature=shared). It's a buy from them. I too did my own analysis and came to the same view, it's a buy from me too from my own trading and technical perspective. If you would like, do watch and support the video where I breakdown my simple view on the charts. Link to my video as follows https://youtu.be/bR7WaPkK01I

If can easily break 2.70, next stop 3.00

Tonight is US CPI data. Will be interesting to see impact to the markets.

For current trend is still up. Hard to go against until major turnaround

I missed my entry at 1.00. All the best to existing holders.

I Did a review of Axiata charts and see a sign of bullish divergence. But with the US CPI data announcement tonight, markets could be volatile tomorrow. For Axiata holders, there is possibility of reversal soon.

Do support and have a view of my technical analysis of Axiata, a short 2 minute video on YouTube. Thanks

Bursa Trading - Axiata: Reversal coming?
https://youtu.be/jpuSxnjhg3w

Best not to go against the down trend.

I have been following Widad stock recently and like the consistent uptrend. Covered Widad in my 5 charts in 5 minutes on Youtube. Do watch and support. Thanks. https://youtu.be/hOmRGN_sGLQ

Key support now at 1.00 and 0.97. If it holds, look forward to further upside. Covered CMSB in my 5 charts in 5 minutes on Youtube. Do watch and support. Thanks. https://youtu.be/hOmRGN_sGLQ

I am bullish too on AAX. Price action is still positive with good momentum going UP. AAX is one of the stocks I covered in my 5 chart in 5 minutes. Do watch and hope you find it useful. Have a high flying trade next week. https://youtu.be/hOmRGN_sGLQ

Short trade ahead. In and out.

Energy stocks in US have been trading up as well. Until things reverse, smart money on following this.

Looking for entry at 0.97 to 1.00. O&G is trending. Won’t be chasing the stock. Once hit 1.05 to add more.

@1invest1 you are right. Genting stock is continuing downward price trend. I would stay away for now. Especially extra cautious in September as KLCI generally weak. Can refer a short video i did on Sept KLCI performance for reference. Bursa Trading - KLCI: Sept Bull or Bear?
https://youtu.be/_Cl6hEVtcwM

Does not seem like much movement from price action. Staying sideways for now until some positive news.

Correction is healthy and expected. Just that each investor or trader need to know how much they can tolerate the correction to be. Keep in mind past Septembers have not been so good for KLCI, so any correction could be brutal for some to take it. I did a short video on this. Have a look if interested. Thanks.

Bursa Trading - KLCI: Sept Bull or Bear?
https://youtu.be/_Cl6hEVtcwM

Bursa Trading: CMSB - Buy Call on 2 Sept 2023
https://youtu.be/dVqHyTAUInE