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StockAlliance Smells Of Money

Author: StockAlliance   |   Latest post: Wed, 19 Sep 2018, 07:52 PM

 

StockAlliance - Chinese New Year ANGPAO Stocks ( MPAY )

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Its been quite a moment that we didn't blog already. We are glad to say today is superb good. After so many days of dropping and washing, we are expecting market after CNY will have a strong rally until election date is annouced. Many cheap stoks in market now and this month is result month. Today O&G stocks rebounded from low leading by HIBISCUS. However, our opinion on O&G stocks is more on FIFO. Try not to chase if can. Results might not reflect on this quarter too. Steel stocks we told many times in few days ago that it is time due to results. Today SSTEEL, LEONFB, LIONIND & MASTEEL flying high due to SSTEEL & CSCSTEL showed impressive results. Take note fly before result is out if result is under expectation. It will drop heavily. 

HBGLOB gave us nearly more than 30% return in a day. 
LEESK from 0.40 to 0.51. new high 52weeks.
JOHAN 0.28 to 0.31 rebounded from low too. 
GFM from 0.505 to 0.55 amazing return for one day. 
PANSAR from 0.50 to 0.78 new high. 

ANGPAO stocks for tomorrow before Chinese New Year. 

MPAY
Fundamental Analysis
ManagePay System Berhad ( MPAY ) provideds integrated electronic payment solutions. The company operates in few segment such as terminal services, loyalty management services, payment services, business process outsourcing and software and ICT services. 
Eventhough as we all can see that the financial statement of MPAY is making loss for nearly 2 years. However, we can see that the group is very aggressive in turning around the company. As we can see recently that MPAY gets nod to lend money. 

http://www.klsescreener.com/v2/news/view/333771

We believe that technology stocks will be the trend in future. Eventhough lately it is affected by the sentiment of the market. This company is worth to see as it is around 52weeks new low. We are looking for cheap stocks and potential one. 

Technical Analysis

As we can see from TA view, dropped from peak to the support already. this range is safe to see again. MPAY amazing volume today entered to it. We are expecting to rebound from low like others stock because it is oversold for so long already. TP first stage 0.25. Stay above 0.25 level we will see 0.30. Expecting this will be a star tomorrow morning. We are not that kind that tell you when its super high time. Hopefully everyone will benefit from us. Thank you for supporting us. 
Check out our channel telegram to see our performance. Date and time is there proven us. 
https://telegram.me/stockalliance/

Stock Alliance
The information contained in this channel is for general information purposes only. Any reliance you place on such information is therefore strictly at your own risk.
We hope to bring profit to everyone as we did in today.
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