TradeVSA - Case Study

Author: TradeVSA   |   Latest post: Sat, 12 Oct 2019, 10:01 AM


Avoid Stock with Weak Background - Gamuda Bhd (5398.KL)

Author:   |    Publish date:


Earlier September, we do share why you must avoid stock with weak background by using DRB-Hicom as case study. Please click on the case study below if you miss the post




What is weakness?

In Volume Spread Analysis, weakness referring to the hidden potential selling such as Up-Thrust, No Demand and Sell-Off. Up-Thrust and No Demand usually happened during distribution stage and follow by Sell-Off which is the confirmation signal of distribution and the beginning of mark-down stage.


Based on Gamuda daily chart above, we have spotted some of the earlier weaknesses at the background:


1. No Demand (Jan 18) and Up-Thrust (April) signal at resistance level


2. Confirmation of distribution and the beginning of mark-down stage with the Sell-Off signal on 14 May 2018 with huge volume


3. Further distribution spotted again during re-distribution level at resistance level. Price unable to break above RM3.97 with few weaknesses (UT)


Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.



Share this

  Be the first to like this.
UMA UMA UMA You should early early told us it's gamuda!
08/10/2018 4:54 PM
lime1015 Cannon behind the horse.
08/10/2018 4:59 PM
Choivo Capital Are you stupid ah?
08/10/2018 5:13 PM
bnmacai cannon behind the horse 1
08/10/2018 6:09 PM
godhand Hahahahaha
08/10/2018 7:00 PM
shortinvestor77 Better tell us now what is the bottom price for us to verify you are right, not the cannon behind horses.
08/10/2018 8:26 PM



Top 10 Active Counters
 SCOMNET 0.8650.00 
 KOTRA 1.900.00 
 UCREST 0.170.00 
 PINEAPP 0.330.00 
 PUC 0.0550.00 
 WILLOW 0.4350.00 
 IRIS 0.150.00 
 TOPGLOV-C60 0.0550.00 
 BTECH 0.2150.00 
 3A 0.7950.00 


1. MQ Trader Workshop @ Kulai - Trading Strategy in Volatile Market MQ Trader Announcement!
Partners & Brokers