Technical chart signals is still very bullish...

Gamuda-WE should resume its uptrend after fending off heavy selling (those people that were trapped earlier) for the past 2 days.

Gamuda can sustain above RM5.00 for the past few days is a very positive sign...building a new base for further upside.

http://www.theedgemarkets.com/my/article/palm-oil-prices-rise-next-3-6-weeks-insufficient-output

Both are right :D)

Yesterday's candle was a Doji, at the top of the uptrend path.
So, today it may struggle a bit...

Currently (with the exciting situation) the eisk is much lower than the potential gain!

Wow! This bull is STRONG!

No more watching from sideline...Taken the position for the ride :D)

Watami, can share where is the lower low?

Other indicators also turning positive...

MACD, RSI, Stochastic and CCI

Technical indicators = Bullish!

FGV is moving within the uptrend channel...
Currently the price is above the
- T-Line
- SMA50
- SMA200
- Ichimoku cloud

Support level @ 1.79
Resistance @ 1.97

Gamuda-WE is very bullish now -

1) GAP UP this morning! Strong bullish signal
2) Above the T-Line (EMA 8)
3) Price is supported by/above SMA50 & SMA 200
4) Broke above Ichimoku cloud

Immediate resistance/target = 1.34

Good morning...

Looks extremely good today.
This elephant should fly today...especially the son Gamuda-WE!

After a brief breather yesterday, JAKS continues to climb.

With the current strong buying support, the stock should have no problem breaking its immediate resistance at 1.26 tomorrow.

Next target/resistance is at 1.40

After two black candles appeared (yesterday and today), the top for this wave is confirmed i.e. RM1.80.

Buyers' support for today is good but still cannot stop the slip in price.

Stay sideline at the moment and wait for the buy signal to ride the next wave.

Based on the hourly chart and 30 minutes chart, seems like it's not looking back!

Moving up with strong volume :D)

Gamuda WE, Chart shows bullish signals!

Crossed T-Line at 1.21
Supported by SMA 200 days at 1.19
Forming Long white candle...upward direction.
Immediate target 1.26 (SMA 50 days)

Chartwise...

Uptrend!
Support @ 0.54
Resistance #1 @ 0.60
Resistance #2 @ 0.66

Chartwise...30 minutes chart:

Touched peak 1.84 on 3 March 9.30am and since then did not manage to climb to that level...

Time for retracement?
1.73 (50%) ???

If it can stay above 1.80 today, 1.80 will become its new support level...I think.

This is the best gap trading so far :D)
Gap down filled up 100% in 2 days!!! from 1.23 to 1.01 & back to 1.23

New wave making NEW HIGH...
Strong uptrend!...2 solid white candles after a doji

Be positive...Always look for opportunities in a crisis.

There is something called GAP TRADING STRATEGIES...

Already bought 2 days ago

Deeper analysis...

Retailers are selling (taking profit after the recent rise).
BIG BOYS are still buying and want to push the price further up, collecting/absorbing the sell off for the past few days.

Chartwise....STRONG UPTREND!

After a mild correction (within the uptrend channel) from the strong rise in price since 10 January, it "gap up" this morning, signalling the beginning of the next wave up.

RSI, MACD, CCI indicators showing bullish trend.

Good one! Thanks for sharing.

Poised for further rise in price...
All technical indicators showing uptrend.
Immediate resistance at 1.67

Well said, Hendrytham77

May challenge the high of 1.28 achieved on 28 December 2015 soon.

Technical charts show strong bullish uptrend

At last KPS is alive!

Chartwise = BULLISH after breakout from downtrend line on 28 December

Just added another 20,000 shares at 2.32

Congratulation to Cheshirecat! "Lompat galah" due to positive outlook on oil price.

Hope OWG will jump soon :)

The charts are not 100% accurate but highly accurate.

Sometime the timing may be "off" a couple of days...Patience is Virtue.


(I am sharing this for the sake of learning, for I still learning every day)


Let's examine the status of OWG:

1) Currently it stays above mid-term & long-term uptrend line.

2) At 2.32 (today's lunch break), it is just slightly below the immediate downtrend line...would be a "breakout" if it close above 2.32 today.

3) Immediate resistant is at 2.33

4) Yesterday's candle was a Doji and today at lunch break candle is also Doji with long upper wick (selling pressure). Investors are indecisive...like some of us.

6) Already 12 candles (trading days) since downtrend - good probability of reversal.

So, I stay long on OWG at the moment

Hmm...
Good time to buy back for those who sold higher this morning???

Alas, the bullish engulfing pattern was not supported by a white candle (yesterday's candle was a Doji - indecisive)... not that bad, better than a black candle.

So Doji at around the bottom of a downtrend chart...may be a good sign.

It is NEVER WRONG (in fact a smart move) to take profit, especially when a stock gone up significantly over a short period of time.

Stock do not go up or down in straight line.

There is always opportunities to buy back later. Cheers!

Conquered resistant at 1.66 already.

Congratulation to all MYEG investors and traders.

MYEG is UPTREND!!!
BREAKOUT from its current downtrend line at 1.56.

Immediate resistant at 1.59
Once breaking the resistant, it may attempt to conquer the high of 1.66 (on 20th October).

Good luck.

Today's candlestick = Bullish engulfing! and a strong one too (today's white candle is longer/close higher than than the previous 2 trading days).

Should be interesting tomorrow.

Chart says OWG wants to climb again...
Current price is above T-Line and Moving Average 200 days
CCI ticked up...moved from Oversold territory to sub-zero line...a buy signal.

Good luck!

Should break immediate resistant at 1.59
Chart looks good.

Moving up with strong momentum.
Chart shows trend reversal - beginning of bullish uptrend!

http://www.freemalaysiatoday.com/category/nation/2016/12/28/more-malaysians-holidaying-in-penang/

DNEX is now testing/breakout from the downtrend line (formed since 13 October). If breakout is sustained, it would move to challenge the upper resistant at 0.31

Sedania Innovator to provide IoT solutions for fire and rescue dept
By Supriya Surendran / theedgemarkets.com
December 27, 2016 : 2:32 PM MYT

KUALA LUMPUR (Dec 27): IDOTTV Sdn Bhd, a wholly-owned subsidiary of Sedania Innovator Bhd, will collaborate with Iscada Net Sdn Bhd (IS.NET) to provide Internet of things (IoT) solutions to the Fire and Rescue Department of Malaysia (JBPM) for a period of five years, effective Dec 21.

In a filing with Bursa Malaysia today, Sedania said IDOTTV had on Dec 20 entered into a strategic partnership agreement with IS.NET for the venture.

IS.NET is a technology provider for advanced integrated fire detection solutions, and has been appointed by JBPM as its direct fire safety link service provider.

IDOTTV is a platform provider and service enabler specialising in providing ancillary services to mobile subscribers in Malaysia and Bangladesh.

The agreement will see IDOTTV and IS.NET collaborating to undertake the provision of iSNET Fire Safety Portal (iFSP) under Sistem Pengawasan Kebakaran Automatik (SPKA) for the fire department.

IS.NET will be the contracting party with the Malaysian government and deliver its obligations as described in the agreements with designated building owners as required by the fire department.

IDOTTV will be responsible for designing, developing, procuring and supplying IoT solutions in the form of iFSP devices to IS.NET.

The number of the devices to be designed, developed, procured and supplied to IS.NET is for a minimum 6,300 designated buildings identified by JBPM for a period of five years, which may increase from time to time when JBPM adds on to the designated building list.

IDOTTV will be supplying the iFSP devices to IS.NET at a minimum selling price of RM2,300 per unit excluding goods and services tax.

The agreement also stated that IS.NET grants IDOTTV or its holding company the first right of refusal to purchase a minimum 35% of IS.NET's equity.

Sedania said the partnership to design and supply devices that allow for instant connectivity and connection between the designated buildings and JBPM is part of the company's venture into IoT technology.

ACE Market-listed Sedania's core businesses pertain to or are connected with telecommunications and information technology, which include multimedia products and all other related activities.

The agreement is expected to contribute positively to the earnings and net assets per share of Sedania Group for the financial year ending Dec 31, 2017.

At noon market close, Sedania's shares were down 0.5 sen or 1.7% to 29 sen, for a market capitalisation of RM58 million.

Agree. Looks good.

Date of transaction: 22 Dec 2016

Total number of treasury shares sold (units): 3,876,800

Minimum price paid for each share sold ($$): 2.310
Maximum price paid for each share sold ($$): 2.320
Total amount received for treasury shares sold ($$): RM8,961,338.88

Cumulative net outstanding treasury shares as at to-date (units): 0

The company do not hold any treasury shares after this sale!

Isn't it good that MYEG make profit from this sales - WILL BE REFLECTED IN THE NEXT QUARTERLY RESULTS - HIGHER PROFIT!!!