Jia Hui's comments

Jia Hui commented on TOMYPAK-WA.

Possible for upside. TOMYPAK-WA is re-attempting to stage a potential recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.110 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.125 and RM0.135. Note that the maturity date of TOMYPAK-WA is on 21 June 2021.

However, failure to hold on to support level of RM0.085 may indicate weakness in the share price and hence, a cut-loss signal.

5 years · translate

Jia Hui commented on YTLPOWR.

Possible for upside. YTLPOWR is showing initial signs of recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.740 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.770 and RM0.800.

However, failure to hold on to support level of RM0.690 may indicate weakness in the share price and hence, a cut-loss signal.

5 years · translate

Jia Hui commented on LHI.

Leong Hup International has been range-bound during recent sessions. With the momentum indicator RSI above 50%, it may break above the immediate resistance of RM0.94, and move towards the short-term target prices of RM0.975 and RM1.02. The immediate support is anticipated at RM0.91, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.94

5 years · translate

Jia Hui commented on GDB.

GDB Holdings retraced and formed a technical hammer pattern. The uptrend momentum may resume if it breaks above the immediate resistance price of RM0.47 in upcoming sessions. If this happens, its short-term target price will be RM0.50 followed by RM0.525. The support price is anticipated at RM0.435, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM0.47

5 years · translate

Jia Hui commented on BTM.

Swing Trading Opportunity
BTM recently hit a high of 21.5c on 15/11, on the news that it is diversifying into LPG business by signing Heads of Agremeent (HoA) with Markmore Energy (Labuan) Ltd - which is controlled by tycoon Tan Sri Halim Saad
The price had retraced to a low of 14.5c today before gaining back momentum.

5 years · translate

Jia Hui commented on BPLANT.

Possible for upside. BPLANT is staging a potential recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.675 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.725 and RM0.770.

However, failure to hold on to support level of RM0.640 may indicate weakness in the share price and hence, a cut-loss signal.

5 years · translate

Jia Hui commented on AVALAND.

Possible for upside. MCT is showing initial signs of recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.240 be broken, it may continue to lift price higher to subsequent resistance level of RM0.260.

However, failure to hold on to support level of RM0.215 may indicate weakness in the share price and hence, a cut-loss signal.

5 years · translate

Jia Hui commented on PECCA.

Pecca Group has rebounded from its low to test the immediate resistance level of RM1.24. With a rising RSI, a bullish bias may be present above this mark with target prices of RM1.32 and RM1.39. Meanwhile, it may continue moving sideways if it fails to cross the RM1.24 mark in the near term. In this case, the immediate support is anticipated at RM1.17, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.24

5 years · translate

Jia Hui commented on COASTAL.

Coastal Contracts was testing the RM1.29 level during its intraday high. With an RSI level above 70%, it may move higher above this mark with a target price of RM1.36, followed by RM1.44. Meanwhile, it may drift sideways if it fails to cross the RM1.29 mark in the near term. In this case, support is anticipated at RM1.23, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.29

5 years · translate

Jia Hui commented on KAWAN.

Kawan Food retreated after failing to break above the resistance price of RM1.56. With an RSI level above 60%, the uptrend momentum may resume if it breaks above the resistance price of RM1.56 in upcoming sessions. If this happens, its short-term target price will be RM1.65 followed by RM1.73. The support price is anticipated at RM1.48, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.56

5 years · translate

Jia Hui

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