Range bound btwn 0.320 - 0.465;
TA view: -
1) Downside limited at 0.32 = 1.5% only
2) More Upside at 0.465 = 43%!
(Disclaimer: TAYOR)

As anticipated, traders/ investors get emotional each time they see a fresh MOU been announced. Its like been spiked by the virus!

This morning's price action is pointing to a reversal. When the price failed to fall below 0.350 last Wednesday, a NEW BULL has moved in to take control.

For those who still couldn't visualise the holistic view, the price actions will convince you but by then it may be too late. Nonetheless, still not that late because it will move up to retest 0.465 again. Expect higher highs in the coming sessions for the next push is about to begin :-)
(Disclaimer: TAYOR)

MEMORANDUM OF UNDERSTANDING UCREST BERHAD ("UCREST" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") WITH RUSSIAN DIRECT INVESTMENT FUND ("RDIF")
Further to the announcements made by the Company on the MOU between Company and RDIF on 9 April 2021, 14 April 2021, 28 April 2021, 19 May 2021 and 20 May 2021, the Board of Directors of UCrest wishes to announce that the Company has on 9 June 2021 entered into a MOU with an additional new contract manufacturer in China and secured the capacity to produce the Sputnik V vaccines of up to 100 million doses per year for 2 years.

Depending on the dynamic of the pandemic, the Company expect it will be likely to contribute positively to the net assets per share of UCrest group for the financial year ending 31 May 2022.

UCrest does not foresee any exceptional risks other than pandemic risks, execution risks, political risks and country risks associated with the agreements.

None of the Directors and/or major shareholders of UCrest or persons connected with them have any interests, direct or indirect, in the agreements.

This announcement is dated 9 June 2021.
https://m.malaysiastock.biz/Company-Announcement.aspx?id=1325020

Fresh bulls detected in the last 2 days.
Charts don't lie :-)))

#rr88 - A rare BUY CALL indeed -)
Agreed that technically, its due for a reversal;

Posted by rr88 > May 11, 2021 4:37 PM | Report Abuse
Go to beach lar if want to count waves.
Cheap oredy. Bought 0.29, 0.295. Bcause tomolo half day market. Half day market traditionally is a green market. Buy.

Technically, a Symmetrical Pattern has formed. During this period of indecision, the highs and the lows seem to come together at the point of the triangle with virtually no significant volume. Investors just don't know what position to take.

However, two strong catalysts had surfaced last Wednesday, ie: -
(a) a better than expected QR and
(b) the official statement that UCrest has inked a deal to contact manufacture Sputnik V vaccine (100m to 1b doses p.a.). Explosive earnings ahead!!

When investors have figured out which way to take the issue, it should head north with big volume in comparison to that of the indecisive days and/or weeks leading up to the breakout. The breakout generally occurs in the direction of the existing trend. But, if you are looking for an entry point following a symmetrical triangle, jump into the fray at the breakout point.

(Disclaimer: TAYOR)

Cybertoopers are very "dengki" & working overtime because the SmartMCDX's Chart shows that Banker's Chips are still fully loaded at 100%!!
https://ibb.co/zVw1RNj

Dragonfly Doji sighted :)))

T+2 over. Strong closing.
Bullish thrusting line candlestick pattern formed;

PROSPECTS: -
1) The year has been full of challenges, however OCK has been standing strong with steady reccuring income contributions to the Group. The COVID-19 pandemic has in ways accelerated the adoption of new technologies. With this view, OCK is optimistic about the telecommunication industry’s outlook where new technologies will require increased telecommunication infrastructure and speed such as 5G. As Malaysia continues to strive in the transition to 5G, infrastructures have to be prepared. The government has announced plans such as the national digital infrastructure plan or more commonly referred to by its abbreviation in Malay, JENDELA; with an expected RM21 billion budget to lay the foundation for the transition to 5G, as well as investing a total of RM15 billion over 10 years for 5G implementation nationwide. In this view, as Malaysia’s largest telecommunication network services provider by revenue, OCK is optimistic of the telecommunication sector as a whole. With the new and recent launch by the government, it is expected that a Total of RM15 billion will be invested over the next 10 years for 5G implementation nationwide. This is followed by the announcement of the launch of a Malaysia Special Purpose Vehicle (“GOMSPV”) that will be the entity to oversee the deployment of 5G infrastructure and network roll out nationwide. OCK will stand to benefit by these government 5G initiatives directly or indirectly as a key player in the deployment of 5G in Malaysia. 5G OCK is proud to announce that the Group has developed a smart pole proven to be able to support the large scale rollout of the 5G network. To date, the Group has demo telecommunication sites erected in Langkawi and Sarawak as part of Malaysia’s 5G trials. As a turnkey telecommunication network solutions provider, OCK is ready in terms of technical know-how and equipment solutions to support this next wave of technological expansion. With the advancement of 5G in the future, OCK is in a prime position to secure more projects. With the implementation of 5G, the demand for telecommunication sites will increase by 3-4 times as compared to the number of 4G sites. The functionality for 5G is vast which includes smart solutions to various industries such as smart city, smart agriculture, smart traffic solutions and many more. The Group has positioned itself to capture future opportunities arising from this advancement through the partnership with China United Network Communications Group Co Ltd as they have proven track record in implementing smart city platforms and applications in a few cities in China which can be tailored to meet the Malaysian market’s needs;

2) TOWERCO OCK is poised to adopt a two-prong strategy to grow its telecommunication tower business whereby the number of telecommunication towers under its portfolio will be increased as well as to further expand its existing regionally. To date OCK has a telecommunication tower portfolio of more than 4,200 towers across Myanmar, Vietnam and Malaysia. Its towerco recurring revenue stream provides a commendable contribution to the Group. With that said, the Group’s recurring income from this segment will continue to grow as OCK continues to increase its tower portfolio across the region. In Vietnam, OCK is the largest independent telecommunication towerco with over 2,700 telecommunication sites. The Group has a pipeline of targeted telecommunication sites to be acquired in 2020 as part of its brownfield expansion plans in Vietnam. In Myanmar, OCK provides telecommunication infrastructure and resource supply services to its clients with a track record of completing and owning more than 1,000 telecommunication sites. The Group is aggressively building and acquiring more sites in this greenfield telecommunication market. In Malaysia, OCK owns close to 500 telecommunication sites to date.OCK will still continue its growth plan at a slower pace and will also continue to add additional towers into its local portfolio;

3) GREEN ENERGY SOLUTIONS In line with the Government’s initiatives for the green renewable energy sector, the Group is enhancing its solar renewable energy segment via acquisition of solar farms to fortify its secondary recurring income stream. OCK is actively participating in the Government’s initiatives on large scale solar projects. As a turnkey solutions provider in the solar business, OCK is well equipped with engineering, procurement and construction capabilities to build as well as own solar farms. One of OCK’s aspirations is to reduce the carbon footprint as it continues to expand its businesses. The solar renewable energy segment provides OCK with the platform to do so, as well as build a secondary recurring income base via our solar farms through greenfield and brownfield opportunities. To date, OCK owns 17 solar farm with a total capacity of 11.3MW.

Hanging Man Pattern???

The bulls are getting stronger & stronger!!!
Waiting for the rally after 4pm...???

ESCERAM – Uptrending firmly!
1) The chart is showing a Parabolic Curve Pattern - It is one of the strongest uptrend patterns a stock can have. This type of pattern goes up the farthest and the fastest as it is under the strongest accumulation and every small pullback is bought by eager traders and investors.
2) R1 / R2 = 0.785 / 0.845;
3) TP = 1.00
[Disclaimer: TAYOR]

The GAP btwn 0.67 - 0.715 has been covered;
Next resistances = 0.785 and 1.00;

The next wave will catapult the price to the range btwn 0.60 - 0.80 :)

Source: ALGO VIP CLUB [22.01.21 11:15]
ESCERAM BUY Signal Detected in Day chart.
Good if close above = 0.565;
Volume Ratio = 0.705;
Buy On Dip = No;
Bankers' Chips = 18%;
R1 = 0.560;
R2 = 0.625; A clean breakout from here will see it go higher!
Watch the GAP btwn 0.67 - 0.715...it needs to be covered
[Disclaimer: TAYOR]

Source: M+ Online
Glove: HARTA, SUPERMX, TOPGLOV, CAREPLS, RUBEREX, COMFORT;
Glove-proxy; ESCERAM;

Technical wise, watchout for the GAP btwn 0.67 - 0.715 formed btwn 23/12/20 & 26/10/20. It has to be covered back;
[Disclaimer: TAYOR]

TA wise, it should take on 0.195 & 0.215 again.
A clean breakout from here will see it filling the gap btwn 0.22 - 0.235 to resume the uptrend :-)
[Disclaimer: TAYOR]

Good to see buyers resurfaced at 0.17.
Likely to retest 0.215 again. This time round it should breakout from this resistance!

Using Solutn as a yardstick of measurement for vaccines' play, Kanger has alot of catching up to do.
TA wise, the buy signal has been triggered. Stochastics are positive with the blue line having cut the red line from below.
[TAYOR]

Esceram is taking the cue from TG & Supermx. A strong reversal rally for these 2 big boys will pull Esceram upwards too.
A breakout from 0.525 will likely see it surge to cover the gap btwn 0.575 - 0.60.

Judging by the high volume today, very high chance of reaching 0.295 tmrw.
LU @ 0.49 would be superb :)))

Gloves are bouncing back!

T2 & T3 contras has been absorbed very well.
It should resume with its uptrend!

Got this pix from a reliable source...sifus meeting with the
Mahaguru at his palace.
Even the bearish chart turned bullish...perplexed!
https://ibb.co/LYg3wFz

Buyers resurfaced at 0.170 - 0.175.
It should revisit 0.215 again!

Having consolidated for 15 trading sessions, the stochastics has turned positive. RSI is deeply oversold and has crept up from a low of 10.3% to 16.4% at 0.60.
Technicalwise, it could be a reversal signal from here to retest 0.785 & 1.00;
[Disclaimer: TAYOR]

Took profit at 0.895.
Thank you Solutn!

On track to recapture 0.91 / 1.055!
"Cansino Ad5-nCoV will be ranked amongst the top vaccines available. It is equivalent to the elite status granted to TopGlov and Supermx in the glove sector."
Apa tunggu lagi....

Texas got 38, Ohio got 18, Florida 29 & Pennsylvania 20
Trump is leading in all these states.

The resistance at 0.71 has been breached convincingly yesterday.
This morning it managed to hit a high of 0.755 before taking a breather.
A Trump victory will spike the market up and Solutn should be ready to take on 0.91.

A clean break above 0.710 will pave the way to retest the previous high of 0.91

Latest news on Phase 3 Trial...
Chinese vaccine developer CanSino targets ‘high disease burden’ nations for Covid-19 trials on health care concerns
The company’s phase three trial of its Ad5-nCoV vaccine candidate is being tested on some 40,000 participants in Russia, Saudi Arabia, Pakistan and Mexico;
https://amp-scmp-com.cdn.ampproject.org/v/s/amp.scmp.com/business/companies/article/3107389/chinese-vaccine-developer-cansino-targets-high-disease-burden?amp_js_v=a6&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#ampshare=https%3A%2F%2Fwww.scmp.com%2Fbusiness%2Fcompanies%2Farticle%2F3107389%2Fchinese-vaccine-developer-cansino-targets-high-disease-burden

How would this breathalyser test for diagnosing Covid-19 affect the demand for HWGB's rapid test kit & nasal swap test?
https://www.straitstimes.com/singapore/health/new-faster-breathalyser-test-for-diagnosing-covid-19-in-the-works-in-singapore?utm_medium=social&utm_source=telegram&utm_campaign=sttg

Cansino HK up HKD13.30 (7.54%) at HKD189.60. :-)))
https://ibb.co/DgRSc5b

Everything is on track... breakout of 0.655 and its good to go!

CanSino Biologics Inks Deal with Malaysian Holding Company to Prepare Commercialization & Distribution of Ad5-nCoV COVID-19 Vaccine
SEP 30, 2020 | CANSINO BIOLOGICS, CHINA, COVID-19, MALAYSIA, NEWS, VACCINE

CanSino Biologics Inks Deal with Malaysian Holding Company to Prepare Commercialization & Distribution of Ad5-nCoV COVID-19 Vaccine

Indonesia is preparing to support the commercialization of CanSino Biologics’ Ad5-nCoV vaccine candidate as Solution Biologics Sdn Bhd (SOLBIO), a subsidiary of Solution Group Bhd, inked a deal to distribute the Chinese vaccine targeting COVID-19 in Malaysia. Malaysia’s National Pharmaceutical Regulatory Agency (NPRA) is that nation’s drug regulatory. The country follows after the U.S. FDA standards.

Current COVID-19 Situation
Malaysia, with about 32 million people, the extent of COVID-19 infections has been fairly limited to a purported 11,224 present cases and 136 deaths. Of course, the Phase 3 clinical trial there must show the vaccine to be safe and effective, again to U.S. FDA standards.

Should that occur, SOLBIO is ready to pursue the Market Authorization Certificate from the NPRA to commence marketing and distribution of the product known as Ad5-nCoV.

Dragonfly Doji sighted ???

Out of frustration, many must have cut loss today...the happiest shark must the one that was busily collecting all the way down from 0.23!
https://www.astroawani.com/berita-politik/tengku-razaleigh-gesa-dewan-rakyat-bahas-usul-tidak-percaya-263561

Expecting a clean breakout from 0.65 in the afternoon session.
It has been consolidating below 0.65 for eleven trading days.
Stochastics shows positive bullish signal.

Expect more drama...PN is no longer tenable!

UMNO president Ahmad Zahid Hamidi to have an audience with the Yang di-Pertuan Agong Sultan Abdullah this Thursday, according to party sec-gen Ahmad Maslan.

UMNO has issued a statement saying that they are considering to withdraw support for PN, and will give the PN govt new terms in order to continue their political cooperation.
https://twitter.com/HarizMohd_MKini/status/1316028909159211012?s=20

Woh woh woh...this is magical.
Nobody saw it coming until the eleven hour when Ku Li's appointment with the Agong was made known by the press.
This is the most suitable man to be matched with Anwar. Probable lineup: - PM = AI; DPM = TR;
The rest is history!!

#Lifeunlimited, you were right. This announcement was made on 21/5/20;

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1228612
OTHERS Approval for Ho Wah Genting Berhad ("HWGB") to bring in Covid-19 test kit to Sabah

The Board of Director of HWGB wishes to announce that the Company had on 21 May 2020 received a letter dated 20 March 2020 from Sabah Chief Minister’s Department informing that approval has been given to HWGB to bring in Covid-19 test kit to Sabah for the purpose of Covid-19 screening.

As at the date of the announcement, HWGB is the authorised distributor of Covid-19 diagnosis kit manufactured by Shanghai Liangrun Biomedicine Technology Co Ltd, Wuhan Easydiagnosis Biomedicine Co. Ltd. and Xiamen AmonMed Biotechnology Co. Ltd.

This announcement is dated 21 May 2020

https://ibb.co/PFxMnyt

Historically, the past few years 2QR were released btwn 8th and 28th of August. The likelihood of it been announced could be today!
https://klse.i3investor.com/servlets/stk/fin/0111.jsp
Goodluck all K1 supporters :-)

Yesterday's Dragonfly Doji has been confirmed by the bullish candle this morning. It should be trending higher...

To be more specific...a Dragonfly Doji was sighted :-)

Inverted Hammer formed yesterday.
Its gearing up for a Bullish Belt Hold Line today :-)

Invaluable informations unveiled by Cropsickle & investor39...salute!
These research efforts would not have been possible without their selfless contributions. Clap3x!!!
Chartwise, a bullish symmetrical triangle is waiting to exhibit a clean and forceful breakout :-)

Slow yet very predictable... consolidating upwards;

This is the last piece of the jigsaw!
A remarkable timing for the annoucement to be made as it coincides with the formation of a Bullish Harami Cross pattern!!!
Tmrw's candle will determine whether a trend reversal is in the making.