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Many retail investors can’t wait to enter back into KLSE again with the recent rebound in KLCI. From the forum comments, we can see most of us are gaining more confidence about the market rebound especially those glove stocks. More towards the feeling of exhaustion getting trapped in losing trades, it is more emotional driven than rational analysis. 

But don’t give up hope just yet, we can look into the market together & see whether this rebound will be sustainable or just a short term bounce up by analysing the big boys intention in the current market. By knowing their intention, we can plan our trade better by making better decisions for a short term or long term and we don’t enter a stock purely based on the gut feel that the particular stocks will have a rebound.

Glove stocks

On 4th of October we posted here saying the manufacturing stocks are showing signs of rebound including the glove stocks. Below is the 5 mins chart of HARTA posted in our previous blog.

https://klse.i3investor.com/web/blog/detail/rns810/2022-10-05-story-h1650055933-Is_Recession_Here_or_is_the_market_bottom_Let_s_see_how_the_Price_Volum

From the price & volume movement  in the 5 mins chart yesterday, it shows high volumes came in during the day with price mark down. This shows the big boys are selling their shares at the high price while most retail investors are cheering for the rebound & thinking the price is trading at indecisive with “doji” forming. But we don’t analyse more details into the daily volume that comes from selling or buying transactions. It is easy to sell now when the retail investors have confidence by thinking many buyers came in with the daily priceup.

The big boys are taking profit by selling down to those retail investors who think the rebound is confirmed. Which means a price peak is here & a short term retrace is on the way. By knowing this, we can avoid getting trapped in the high price & analyse the retrace for any continuation of price up. 

Smaller cap stocks attracting buyers

Some of the small cap stocks are showing signs to attract investors with pump-n-dump. The big boys might take advantage of current retail investors’ confidence to sell their shares after the previous price spike. 

These stocks have the same price & volume action in their mins chart with high volume but price not moving higher. This shows the price peak is here & the big boys will start to take profit by throwing their shares to the lower price, where the investors parked their buy orders. It is better to stay aside to monitor the upcoming retrace to have a confirmation of any price markup again.

How to trade in the current market?

Although some stocks show price peak signals, some bigger cap stocks have yet to mark the price up from the bottom like the stocks mentioned above. The trades we will focus right will be focusing on those stocks that are showing signs of price bottoming & take advantage of the rebound when there is demand flow in to markup the price, then shift our focus into smaller cap stocks after these bigger cap show signs of price peak. 

If your analysis is laggy to identify bottoms before the price markup, visit our blog to improve your analysis by knowing how to read the price & volume activity to find the price bottom & peak with the link below. 

https://roundnsurge.com/news

Read the latest blog on our website to find out the signs that your stock in KLSE is game over by clicking the link below: 

​https://www.roundnsurge.com/news/signs-that-your-stock-in-klse-is-game-over​

"Does losing money in the market crash experience still haunt you? Causing hesitation to enter into a stock while worrying whether the stock price will fall after your entry.

We will be sharing the price & volume movement with a 5 min chart that shows the stock price will continue to move higher in this webinar. With our analysis, you can identify whether the stock price will continue to markup higher & avoid “Pump-n-Dump” stocks."

Date :
SUN OCT  23 7:30PM
MON OCT 24 8:30PM
WED OCT 26 8:30PM

Registration Link: https://attendee.gotowebinar.com/register/902857802328269070

Easy way to learn how big boys accumulate shares: https://bit.ly/3AOhUz1

Website: www.roundnsurge.com

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About Us

Malaysia's stock market is a unique market; hence it requires a customized trading approach to tackle & swerve. Many existing traders in Malaysia apply a plug-and-play strategy from the overseas stock market, but it is not necessarily the best strategy to trade in KLSE. This is due to the difference in local and overseas stock market regulation and the size of market participants of institutional funds & retail investors.

“True traders react to the market.” is the backbone of our trading method. Our findings and strategies are developed through years of trading experience and observance of the operating style in Malaysia’s stock market.

Trading Account Opening

They are offering an Intraday trade brokerage rate at 0.05% or RM8 whichever is higher for day trading stocks RM 50,000 & above-transacted volume (buy sell the same stocks on the same day). Buy & hold at 0.08%or RM8 whichever is higher.

Open a cash account now at the link below:

https://registration.mplusonline.com/#/?drCode=R311

As Kelvin’s trading client, you will be exclusively invited to join Kelvin’s weekly webinar and telegram group. Click here to join.

For more inquiries contact him by email: kelvinyap.remisier@gmail.com or 019-5567829

If we have missed out on any important information, feel free to let us know and feel free to share this information but it will be much appreciated if you can put us as the reference for our effort and respect, thank you in advance!

This blog is for sharing our point of view about the market movement and stocks only. The opinions and information herein are based on available data believed to be reliable and shall not be construed as an offer, invitation or solicitation to buy or sell any securities. Round & Surge and/or its associated persons do not warrant, represent, and/or guarantee the accuracy of any opinions and information herein in any manner whatsoever. No reliance upon any parts thereof by anyone shall give rise to any claim whatsoever against Round & Surge. It is not advice or recommendation to buy or sell any financial instrument. Viewers and readers are responsible for their own trading decision. The author of this blog is not liable for any losses incurred from any investment or trading.