MQTrader Stock Discussion

MQ Trader Share Discussion - HIBISCS (5199) - 3 Oct 2018

MQTrader Jesse
Publish date: Wed, 03 Oct 2018, 04:38 PM

HIBISCS (5199)

MQ Fundamental Rating

It is a fundamentally poor stock, as it fails most of the fundamental tests. Normally, we will not pick stocks with fundamental rating which is less than 2.5 for long term investment.

MQ Technical Rating

The uptrend price movement of HIBISCS is mainly caused by good financial result in the last 2 quarters. This is mainly contributed by the completion of the first infill drilling project at Anasuria and the recovery of production rate in North Sabah.

MQ Trading Strategy

EMA 5 Crossover Hourly Chart

ADX Crossover Hourly Chart

Based on the EMA 5 Crossover and ADX Crossover Hourly Chart, sell signals are observed indicating that the sell momentum is greater than the buy momentum currently.

Conclusion

In our opinion, we will start to look for sell signals from the trading strategy (i.e. EMA 5 Crossover) at the moment. At the meantime, we can pay attention to the financial report of the next quarter and news from time to time to see if there is any positive catalyst to boost the share price.

MQ Trader Analysis Tool

To view HIBISCS’s technical analysis on MQ Traderhttps://klse.i3investor.com/mqtrader/sf/analysis/stkta/5199

To view HIBISCS’s fundamental analysis on MQ Traderhttps://klse.i3investor.com/mqtrader/sf/analysis/fa/5199

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Disclaimer

This article does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties in the Internet. We may or may not hold position in the stock covered, or initiate new position in the stock within the next 7 days.

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Be the first to like this. Showing 3 of 3 comments

diehardunited

Forget Hibiscus. I have here another lagged O&G stock you don’t want to miss!

https://klse.i3investor.com/blogs/dieforrich/176703.jsp

2018-10-03 23:39

diehardunited

You may also want to see my first laggard O&G stock here:

https://klse.i3investor.com/blogs/dieforrich/176263.jsp

2018-10-03 23:44

papaya

ingat apa....nak jual barang .....kikikikih

2018-10-04 08:42

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