The Possible Limit Up Industry - This Week !!
Very Obvious, it cant be the Tech sector which PE already overly goreng, or the Glove sector which sentiment which are very unwelcoming. The Possible Limit Up Industry will be the SOLAR related INDUSTRY.
Top-Bottom Analysis:
1. The first hint is that Joe Biden’s inauguration this 20/1/2021. Do note that President Joe Biden is a strong supporter of Green Energy- SOLAR ENERGY. (https://ncsolarnow.com/blog/joe-biden-says-federal-policies-are-helping-solar-power-grow-exponentially/ )
3. Technical wise, we shall look at SAMAIDEN, SLVEST
Today breakout level 1 with volume. Next break out is at RM1.75 which will form new high. SAMAIDEN is technically sound and fundamentally very stroung + supported. 3 new contracts announced.
Solarvest (SLVEST) is on wave 3, and will breakout from resistance of RM2.14, and will form new high. SLVEST already announced bonus issue, which recently very welcoming sentiment from market for stocks with BONUS.
4. Besides that, look at KPOWER, stock price already rocketing after they start to position themselves at solar players. KPOWER already on the high side.
5. SOLAR RELATED STOCKS(besides Kpower which already rocket to the moon) :
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SAMAIDEN (0223) Recently awarded 3 RENEWABLE ENERGY POWER PLANT projects, 2 in Terengganu and 1 in Kelantan https://samaiden.com.my/largescalesolar4/
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SCBUILD (0109) - one of the quiet stock which recently started to position themselves as solar players. Price very low, and small cap company, downside limited. Can have a look.
OTHERS SC Estate Builder Berhad ("SCBUILD/0109" or "the Company") - Joint Venture Agreement ("JVA") entered into between Dekad Aliran Sdn. Bhd. ("DASB") and the Company in relation to the Collaboration in Solar Power on the Roof Business in Engineering, Procurement, Construction and Commissioning ("EPCC")
OTHERS SC Estate Builder Berhad ("the Company" or "SCBUILD/0109) - Letter of Award for the proposed prototyping solar power on the roofs on one unit of terrace/shop houses and proposed financing, building and completion of 28 units single storey terrace/shop houses at town of Alor Setar, state of Kedah Darul Aman, Malaysia from Merchant Esteem Sdn. Bhd
6. Conclusion:
We Strongly believe that in the coming months, market sentiment and reaction towards these SOLAR PLAYERS - SAMAIDEN (0223) , SLVEST (0215) , CYPARK(5184) , PESTECH (5219) , SCBUILD (0109) will be very welcoming and warm and joyfully.
Well, LSS4 is a big chunk of pie, and all the SOLAR PLAYERS will eventually benefit from it.
What will you do ?
This post serves as an educational analysis and is not a buy/sell call/ recomendation.Investors must carry out their own due deligence before any decisions is made.The author of this post is not liable for any decisions made by any individual