MQTrader Stock Discussion

MQ Trader Share Discussion - SAPNRG (5218) - 5 Oct 2018

MQTrader Jesse
Publish date: Fri, 05 Oct 2018, 05:39 PM

SAPNRG (5218)

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

There is a sharp increase in share price on 12 Sep 2018 due to:

  1. The recovery of share price after PNG has subscribed to its full entitlement right shares with warrant.
  2. The higher Brent crude oil price

The sell momentum is arising at the moment since 1 Oct 2018, it might be due to its poor financial result contributed by low revenue generated by E&C.

MQ Trading Strategy

EMA 5 Crossover Hourly Chart

ADX Crossover Hourly Chart

According to OBV and ADX indicators, the sell momentum is greater than buy momentum. Besides, there are sell signals detected by EMA 5 Crossover and ADX Crossover in hourly technical chart confirming the higher strength of sell momentum.

Conclusion

In our opinion, we will utilize “fast in fast out” strategy by monitoring closely on the technical analysis to seize the opportunities for our investment in short term. In the meantime, we will also pay attention to news or financial reports until there is any positive catalyst available to boost the share price.

MQ Trader Analysis Tool

To view SAPNRG’s technical analysis on MQ Traderhttps://klse.i3investor.com/mqtrader/sf/analysis/stkta/5218

To view SAPNRG’s fundamental analysis on MQ Traderhttps://klse.i3investor.com/mqtrader/sf/analysis/fa/5218

To know more about MQ Trader system, please visit MQ Trader Education Series.

MQ Trader Workshop

For those who are interested to know more about MQ Trader Stock Analysis System, you can visit MQ Trader Workshop - Trade Signal Analysis & Backtesting With MQ Trader [Free Registration!] to get more information about our coming workshop on 6 October 2018.

Community Feedback

We encourage traders to try out and evaluate the MQ Trader system and provide us feedback on the features you like to see in the system. We have received many positive feedbacks so far, and we are currently compiling and reviewing them for possible inclusion into the next release of the system.

We would like to develop this system based on community feedback to cater for community needs. Thanks to all those who have provided valuable feedback to us. Keep those feedbacks coming in!

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.

Join us now!

MQ Trader stock analysis system uses Artificial Intelligence (AI), various technical indicators and quantitative data to generate accurate trading signals without the interference of human's emotions and bias against any particular stock. It comprises trading strategies which are very popular among fund managers for analysing stocks. 

MQ Trader stock analysis system is SPONSORED for MQ Trader members. To use this amazing tool, you can sign up via MQ Trader Sign Up!

Contact us

Please do not hesitate to contact us if you have any enquiry:

Email: admin@mqtrader.com 
 

 

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment