Highlights

Bursa Master

Author: BURSAMASTER   |   Latest post: Sat, 20 Jul 2019, 11:50 AM

 

BURSAMASTER SCANNER for 2 May 2019 : POSSIBLE UPTREND COUNTERS

Author:   |    Publish date:


BURSAMASTER SCANNER has detected the following potential counters with possible uptrend potentials :-
 
1.  MFLOUR....being involved in poultry. ..expect it to trend upwards due to current euphoria on the coming new listing of LEONG HUP and better chicken price on  the run up of the coming festive season.
Strong support at 0.725 with resistances pegged at 0.785 & 0.83.
Can also look at other chicken counters like CAB; CCK; TEOSENG BUT my choice is MFLOUR due to good management practice.
 
2.  EDARAN has retraced from its recent highs of 0.58 & 0.85. 
An unnoticed company trading at a P.E. of only 4.46 ; EPS of 11.66 with NTA of 0.522.
Monitor closely for breakout of 0.58. Once broken we should see a much higher levels 
 
3.  UNIMECH...many investors  / punters has overlooked this gem which has been creeping up slowly. Most importantly it should conclusively breached 1.18 which is its 52-week high .
It should be a beneficiary of a weakening ringgit being export orientated and a beneficiary to the O&G current rally.
 
4.  MCT...Monitor for breakout of recent high of 0.525. Also a BOTTOM FISHING opportunity since it is trading close to its 52-week low of 0.45.
 
5.  ATURMAJU....many might say that game over for this counter after a huge rally yesterday but heavy buying at 0.53 near  close of trading might suggest something. BUT due caution need to be exercised as the risk is higher now.
 
 
HAPPY TRADING
 
BURSAMASTER
Share this

  UnicornP likes this.
 
kelvin lol. broad market sinking, no stock will perform
02/05/2019 7:53 PM
Daniel Chow Four out of Five incorrect. Even Aturmaju succumb to profit taking in the afternoon. Not good on your reputation, sir.
02/05/2019 8:46 PM
BigsmallTalk You miss DAYANG
On uptrend soon
03/05/2019 8:44 AM
Yu_and_Mee aturmaju already in turning down, bye bye
03/05/2019 1:48 PM
john whenever bursa master promote any stock. the next day, stock price will down. :) cheers.
03/05/2019 2:55 PM


 

82  167  407  1526 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 GPACKET-WB 0.125+0.005 
 IRIS 0.155+0.01 
 NETX 0.015-0.005 
 KNM 0.365-0.005 
 WCT-WE 0.1350.00 
 GPACKET 0.49+0.03 
 BARAKAH 0.065+0.005 
 VELESTO 0.320.00 
 WIDAD-WA 0.095+0.005 
 HSI-C5J 0.155-0.055 
Partners & Brokers