I am really perturbed that the investing public or newbies are delving on the TP,LU,LD for the various stocks which have recently increased for no fundamental or financial reasons other than pure stock manipulation, 'blind leading the blind' and chasing for sudden windfalls. A2.That when for the last three(3) days DJIA,S & P 30,NASDAQ and today most of the global equity markets suffered from heavy falls because of the inflation angst which is on the uptrend.Our small and not favoured equity market will not be shielded from such sudden and large downturn in stock prices.The stocks that will be hit first or suffered greatly will be those country that were chasing up irrationally because they have no fundamentals to underpin the stocks. Many of such gullible investors will be hit big time if the current stock run down the hill continue next week. A3. In such volatile investing situation one should adopt different strategy to protect one investment and money that have been put in(all hard earned savings). A4.My parting word is to stay highly alert,cautious and waver on the safe side during such turbulent times that will also hit our shore and also in the current pandemic face by all citizens. A5. To know more ,read : https://www.theedgemarkets.com/article/inflation-angst-bruises-world-stocks
Adventa Highest price 5.18 Resistant 2.88 Resistant 2.57 Resistant 2.26 Resistant 2.12 Resistant 2.00 Support 1.92 Support 1.84 Major Support 1.68 Closing price 2.19 Verdict - Uptrend provided price is above 2.12
--------‐---------------‐-------
Tocean Highest price 7.14 Resistant 6.65 Resistant 6.30 Resistant 6.07 Resistant 5.94 Support 5.80 Support 5.60 Support 5.48 Support 5.18 Support 4.80 Major Support 4.34
Closing price 5.92.
Verdict - Uptrend. Price must stay above 5.80 to continue uptrend.
--------‐---------------‐-------
Dataprep Highest price 4.13 Major Resistant 2.03 Major resistant 1.95 Major resistant 1.84 Support 1.60 Support 1.50 Support 1.44 Support 1.10
Closing price 1.74 is below 1.84. Verdict - Downtrend.
--------‐---------------‐-------
Euro buletin Highest price 5.76 Resistant 3.10 Resistant 2.94 Resistant 2.88 Resistant 2.67 Support 2.52 Major support 2.41 Major support 2.26 Support 2.00
Closing price 2.47
Verdict - Still downtrend. Price must be above 2.67 to uptrend.
@superlimit88 Prlexus Highest price 1.95 Resistant 1.10 Resistant 1.07 Support 1.02 Support 0.97 Closing price 1.01. Went below support 1.02.
Verdict - Downtrend. Price must stay above 1.02 to uptrend.
-------------‐-------------------
@KMCHouse Ruberex Highest price 3.05 Resistant 1.47 Resistant 1.36 Resistant 1.32 Resitant 1.28 Support 1.20 Major Support 1.16
Closing price - 1.20
Verdict - Uptrend. Price must be above 1.20 to continue uptrend. -------------‐-------------------
@haiYaa88 Lsteel Highest price 0.86 Resistant 0.80 Resistant 0.72 Resistant 0.70 Support 0.67 Support 0.62
Closing price 0.695 Verdict - Downtrend. Price must be 0.70 to uptrend.
-------------‐------------------- @monreyes Tdm Highest price 0.38 Resistant 0.36 Resistant 0.33 Support 0.31 Support 0.30
Closing price 0.315
Verdict - Uptrend. Price must be above 0.33 to continue uptrend -------------‐-------------------
@thye82 Mah sing buletin Highest price 1.47 Resistant 1.08 Resistant 1.03 Resistant 1.00 Resistant 0.97 Resistant 0.94 Support 0.92 Major Support 0.90 is very strong
Closing price 0.945
Verdict - Uptrend. Price must be above 0.94 to continue uptrend.
In my sincere analysis those newbies that followed @py1818 will lose big time. Seemed like he keeps prodding the gullible investing public to keep on chasing like the stock price increase will never stop. Such approach is reckless,foolhardy and foolish.What you can make you still give back finally.Best to be your own teacher and master in investing.Read up and start small.
How things and times have changed since the passing of more than one year.
A2. In March-April 2020 we witnessed the global outbreak of Covid-19 pandemic to many countries and there were meltdowns in the share or stock markets by a large percentage. To bring back calm and stability to the market and main street economy many countries embarked on huge fiscal expenditures and easy monetary policy with zero or negative interest rates.In our country,the Central Bank or Bank Negara has cut the Overnight Policy Rate(OPR) three times with the prevailing rate now at 1.75% all times low.In such easy money environment and quantitative easing(in another basic word the government is popping up the market with huge easy money causing the markets to be flushed with cash) A3.Coming to May 2021,we can witness clearly that US,UK and even Europe were bouncing back economically, and such development has influenced the yield rates in these countries to go up.This week we have seen the DJIA,NASDAQ,S &P dropping dramatically since the inflation angst is creeping up.The volatility Index (VIX) that global investors are watching when investing and stock selection were also going up.Fortunately Thursday trading some calm has returned. A4.In such enviornment of increasing yields will affect the share market adversely or badly. A5.The ones that will be badly hit and first will be those stocks that were chased up but with no fundamnetals or financial records to fall back on.Don’t be the unlucky ones holding the hypervalued shares and make huge losses in the end. A6. Investing strategy is not one straight line all the time.There is no such a thing that the stock price will keep on going up.Don’t ever dream of returns in the 1000% for the glove counters were coming back.Dataprep which enjoyed similar return in that range were recklessly chased up by a group of irresponsbile specultors to ensnarl and trap many gullible investors out there.Quite a number of articles by The Star and MSWG had made and advised the investing public to be selective and careful with such highly speculative counter.Its share price increase is a freak when it used to be trading at the historical low of about 0.23 cents for several years! A7. Money don’t grow on trees.That’s my sincere parting words.
@superlimit88 Prlexus Highest price 1.95 Resistant 1.10 Resistant 1.07 Support 1.02 Support 0.97 Closing price 1.01. Went below support 1.02.
Verdict - Downtrend. Price must stay above 1.02 to uptrend.
-------------‐-------------------
@KMCHouse Ruberex Highest price 3.05 Resistant 1.47 Resistant 1.36 Resistant 1.32 Resitant 1.28 Support 1.20 Major Support 1.16
Closing price - 1.20
Verdict - Uptrend. Price must be above 1.20 to continue uptrend. -------------‐-------------------
@haiYaa88 Lsteel Highest price 0.86 Resistant 0.80 Resistant 0.72 Resistant 0.70 Support 0.67 Support 0.62
Closing price 0.695 Verdict - Downtrend. Price must be 0.70 to uptrend.
-------------‐------------------- @monreyes Tdm Highest price 0.38 Resistant 0.36 Resistant 0.33 Support 0.31 Support 0.30
Closing price 0.315
Verdict - Uptrend. Price must be above 0.33 to continue uptrend -------------‐-------------------
@thye82 Mah sing buletin Highest price 1.47 Resistant 1.08 Resistant 1.03 Resistant 1.00 Resistant 0.97 Resistant 0.94 Support 0.92 Major Support 0.90 is very strong
Closing price 0.945
Verdict - Uptrend. Price must be above 0.94 to continue uptrend.
@superlimit88 Notion Highest price 2.34 Resistant 0.80 Resistant 0.78 Major Support 0.74 Major Support 0.72 Closing price 0.755
Verdict - Sideways. Price must be above 0.78 to uptrend. CAUTION -Closing price 30% of highest price may suggest long term downtrend. ----------------------------------
@superlimit88
Tnlogistic Highest price 1.10 Resistant 0.87 Resistant 0.86 Major resistant 0.84 Support 0.80 Support 0.78
Adventa Highest price 5.18 Resistant 2.88 Resistant 2.57 Resistant 2.26 Resistant 2.12 Resistant 2.00 Support 1.92 Support 1.84 Major Support 1.68 Closing price 2.19 Verdict - Uptrend provided price is above 2.12
--------‐---------------‐-------
Tocean Highest price 7.14 Resistant 6.65 Resistant 6.30 Resistant 6.07 Resistant 5.94 Support 5.80 Support 5.60 Support 5.48 Support 5.18 Support 4.80 Major Support 4.34
Closing price 5.92.
Verdict - Uptrend. Price must stay above 5.80 to continue uptrend.
--------‐---------------‐-------
Dataprep Highest price 4.13 Major Resistant 2.03 Major resistant 1.95 Major resistant 1.84 Support 1.60 Support 1.50 Support 1.44 Support 1.10
Closing price 1.74 is below 1.84. Verdict - Downtrend.
--------‐---------------‐-------
Euro buletin Highest price 5.76 Resistant 3.10 Resistant 2.94 Resistant 2.88 Resistant 2.67 Support 2.52 Major support 2.41 Major support 2.26 Support 2.00
Closing price 2.47
Verdict - Still downtrend. Price must be above 2.52 or 2.67 to uptrend.
At 0.84, can buy adventa 4 lot (400 shares) or euro 3 lot (300 shares) or tocean 2 lot (200 shares) with these can get profit 30% if limit up. But kindly follow buletin for support and resistant price.
You can still try big only if see price is able to stay above 0.84
Golden rule is If price go above resistant, uptrend. If price go below support, downtrend.
My current list of stocks
For day trading/ swing trading.
(1) Pharma Resistant 4.83 Resistant 4.31 Support 4.21 Support 4.09 Support 3.99 Support 3.86 Support 3.50
Closing price 4.28 has been uptrend from 3.50.
Verdict - Uptrend. If price can be above 4.31 then uptrend to continue.
--------‐---------------‐-------
(2) Adventa Highest price 5.18 Resistant 2.88 Resistant 2.57 Resistant 2.26 Support 2.12 Support 2.00 Support 1.92 Support 1.84 Major Support 1.68 Closing price 2.16 Verdict - Uptrend provided price is above 2.12
--------‐---------------‐-------
For Limit up (LU) or Limit Down (LD) day or swing trading
(1) Tocean Highest price 7.14 Resistant 6.65 Resistant 6.30 Resistant 6.07 Resistant 5.94 Support 5.80 Support 5.60 Support 5.48 Support 5.18 Support 4.80 Major Support 4.34
Closing price 5.92.
Verdict - Uptrend. Price must stay above 5.80 to continue uptrend.
--------‐---------------‐-------
(2) Dataprep Highest price 4.13 Major Resistant 2.03 Major resistant 1.95 Major resistant 1.84 Support 1.60 Support 1.50 Support 1.44 Support 1.10
Closing price 1.74 is below 1.84. Verdict - Downtrend.
--------‐---------------‐-------
(3) Euro buletin Highest price 5.76 Resistant 3.10 Resistant 2.94 Resistant 2.88 Resistant 2.67 Resistant 2.52 Major support 2.41 Major support 2.26 Support 2.00
Closing price 2.47
Verdict - Still downtrend. Price must be above 2.52 or 2.67 to uptrend.
@superlimit88 Prlexus Highest price 1.95 Resistant 1.10 Resistant 1.07 Support 1.02 Support 0.97 Closing price 1.01. Went below support 1.02.
Verdict - Downtrend. Price must stay above 1.02 to uptrend.
-------------‐-------------------
@KMCHouse Ruberex Highest price 3.05 Resistant 1.47 Resistant 1.36 Resistant 1.32 Resitant 1.28 Support 1.20 Major Support 1.16
Closing price - 1.20
Verdict - Uptrend. Price must be above 1.20 to continue uptrend. -------------‐-------------------
@haiYaa88 Lsteel Highest price 0.86 Resistant 0.80 Resistant 0.72 Resistant 0.70 Support 0.67 Support 0.62
Closing price 0.695 Verdict - Downtrend. Price must be 0.70 to uptrend.
-------------‐------------------- @monreyes Tdm Highest price 0.38 Resistant 0.36 Resistant 0.33 Support 0.31 Support 0.30
Closing price 0.315
Verdict - Uptrend. Price must be above 0.33 to continue uptrend -------------‐-------------------
@thye82 Mah sing buletin Highest price 1.47 Resistant 1.08 Resistant 1.03 Resistant 1.00 Resistant 0.97 Resistant 0.94 Support 0.92 Major Support 0.90 is very strong
Closing price 0.945
Verdict - Uptrend. Price must be above 0.94 to continue uptrend.
@superlimit88 Notion Highest price 2.34 Resistant 0.80 Resistant 0.78 Major Support 0.74 Major Support 0.72 Closing price 0.755
Verdict - Sideways. Price must be above 0.78 to uptrend. CAUTION -Closing price 30% of highest price may suggest long term downtrend. ----------------------------------
@superlimit88
Tnlogistic Highest price 1.10 Resistant 0.87 Resistant 0.86 Major resistant 0.84 Support 0.80 Support 0.78
@Gainzz Keyasic buletin Highest price 0.29 Resistant 0.16 Resistant 0.15 Major support 0.13 very strong
Closing price 0.145 Verdict - Downtrend. Price must be above 0.15 to uptrend. ----------------------------------
@Olive88 Itronic buletin
Highest price 0.74 Resistant 0.28 Resistant 0.26 Support 0.235 Support 0.21 Support 0.20
Closing price 0.255
Verdict - Downtrend stopped. Price needs to be above 0.26 to uptrend.
CAUTION - Closing price is 30% of highest price may suggest long term downtrend.
--------------------------------------------------- @aaronkxc Penta Highest price 6.85 Resistant 5.08 Major Resistant 4.93 Resistant 4.79 Major Support 4.60 Support 4.44
Closing price 4.70. Major support 4.60 holding for now. And major resistant is 4.93.
Verdict - Sideways. For any uptrend, price must be above 4.79 or better still above 4.93
@Ramley50 Amcorp Resistant 0.86 Support 0.855 Support 0.55
Closing price 0.855 Big price increase few days ago.
Verdict - Uptrend. Price must be above 0.86 to continue uptrend. Note beware of big drop between support 0.855 and support 0.55. ---------------------------------------- Pantech - a steady increase in share price over few months.
Resistant 0.53 Support 0.515 Closing price 0.52 Verdict - Uptrend. Price must be above 0.53 to continue uptrend
Golden rule is If price go above resistant, uptrend. If price go below support, downtrend.
My current list of stocks
For day trading/ swing trading.
(1) Pharma Resistant 4.83 Resistant 4.31 Support 4.21 Support 4.09 Support 3.99 Support 3.86 Support 3.50
Closing price 4.28 has been uptrend from 3.50.
Verdict - Uptrend. If price can be above 4.31 then uptrend to continue.
--------‐---------------‐-------
(2) Adventa Highest price 5.18 Resistant 2.88 Resistant 2.57 Resistant 2.26 Support 2.12 Support 2.00 Support 1.92 Support 1.84 Major Support 1.68 Closing price 2.16 Verdict - Uptrend provided price is above 2.12
--------‐---------------‐-------
For Limit up (LU) or Limit Down (LD) day or swing trading
(1) Tocean Highest price 7.14 Resistant 6.65 Resistant 6.30 Resistant 6.07 Resistant 5.94 Support 5.80 Support 5.60 Support 5.48 Support 5.18 Support 4.80 Major Support 4.34
Closing price 5.92.
Verdict - Uptrend. Price must stay above 5.80 to continue uptrend.
--------‐---------------‐-------
(2) Dataprep Highest price 4.13 Major Resistant 2.03 Major resistant 1.95 Major resistant 1.84 Support 1.60 Support 1.50 Support 1.44 Support 1.10
Closing price 1.74 is below 1.84. Verdict - Downtrend.
--------‐---------------‐-------
(3) Euro buletin Highest price 5.76 Resistant 3.10 Resistant 2.94 Resistant 2.88 Resistant 2.67 Resistant 2.52 Major support 2.41 Major support 2.26 Support 2.00
Closing price 2.47
Verdict - Still downtrend. Price must be above 2.52 or 2.67 to uptrend.
Why keep suggesting, and recommending to buy Tocean when the present price at Wednesday closing price@RM 5.92 has been chased so high by irrational groups(manipulators) for no logical sound, and valid fundamental reasons to support at this price. A2. At RM 5.92 is already very very high and not worth at such a lofty high price! Even at prospective future earning(says if there is profit at every quarters) at RM 5.92 is simply incredulous.Even if the share price were to increase daily I am not interested with such cornered stock. A3.If the stock is so good to hold then it will have appeared in the IB analysts' viewpoints, and reports. A4.One has to cap the TP and with clear qualification if one is responsible with what one is writing and sharing in the public forum. A5.That so that the gullible and new investors can be forewarned that the risk of investing in this overvalued share is very high.
I need to put forth my sincere views here for the better interest of the investing community.
It is our responsibility to point out the delusional, no fundamental , and irrational information that was shared in the public domain.One has to be responsible with what one is writing,posting, and sharing. I am not bother if you make a fortune out of TOcean,Dataprep or others but one has to be ethical,and responsible with how one share the information. Remember this is an open platform and your views can be wrongly followed by many others other than your or my friends only! That is the fact and reality.Be a grown up and mature commentator.Money don't grow on trees.Poodah.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CWL765321
3 posts
Posted by CWL765321 > 2021-05-13 17:29 | Report Abuse
When bursa open again