Morning holder, good to see you all today. Either Friday Rule or it will break the resistance today.

@thecrown, may I know, why do you set your entry price on that particular price?

Looks like we have a show today. Let see

Penny share wise stock tend to be manipulate by syndicate. Nothing you can do about. But if the company is good in fundamentally, it will eradicate the syndicate by attracting institutional investor.

As someone mentioned in this forum, classic pump and dump. If it retrace back to 0.145, then this theory may be true.

No matter either goreng or not, for sure, this company is trying to improve their business just like AirAsia Berhad. Investor look on that, as it a long term investment.

EGM on 17/08/2023, and the proposed plan to sell all unused boat is doing well. This morning lot of volume enter at 0.15-0.155. Eatech finally show some progress after terminate the deal with TS Rashid. I believe they will tell something on 17 August before Q2 report on 29 August. Let see

Yes, maybe this counter has lost it charms and hope. Im ready to take a handbrake when it goes down to 0.12 cents.

Yes, many will suffer if it goes below 0.12 but the stock is oversold now. Either it will bounce or dive deep more. Only time will tell. I will CL when the price goes to 0.12.

Obviously, it has break the 0.17 resistance. Then, the price is below MA20,MA50 more than a month now and looks like it will go down further. But my concern is the support at 0.17 has become resistance now.

I still hold 100% but now it have test my faith in this stock.

@TheCrown are you still holding the stock?

Close at 0.16, what we perceived as bad news, is not a bad news at all? Investor seems okey with the termination of the agreement between EATECH and TS Rashid.

Dont FOMO now brother, stay firm. Let management decide what good for EATECH. Sindora and Kulim Bhd is Jcorp subsdiaries.

Seem Sindora & Kulim Bhd really dont want TS Rashid Manaf to takeover the company. They really hold the castle. The Reg Plan not good enough for EATECH. New dawn for EATECH now, let see now.

The news is out, disposal of NMR disposal will be completed end of August 2023, and disposal of NTI doesn’t require shareholder approval. This will expedite the repayments scheme to creditor and at the same time will bring 3mil net to the company. Q2 is already looking quite good.

syndicate/market manipulator just dump their shares today, they can't stand anymore. Only real investor are holding now. It's not easy to 'cuci' super penny share from manipulator. 13 mil shares just transact between hands this morning. There will be show.

Its a stalemate today.

Heavy resistance at 0.195 onwards, this indicates many factors. Maybe they still want to collect below 0.19 before the news be announce and push after that.

https://theedgemalaysia.com/node/672758

SINGAPORE (June 27): Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about two million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said on Tuesday (June 27).

About 60-70% of its production is natural gas and will remain so going forward, Adif Zulkifli, executive vice president & CEO upstream, said at the Energy Asia conference.

Well, we left around 6 months to enter 1H 2024, patience is money now. 2024 is bull year for energy.

Just collect some more ticket on 0.175, let see now.

From the local research,

According to the Malaysian Petroleum Management (MPM), the number of active oil and gas rigs in Malaysia increased by 15% in the first quarter of 2023 compared to the same period in 2022. This is the highest level of rig activity since 2019.

MPM also projects that Malaysian oil production will increase by 100,000 barrels per day in 2023, which would be the largest annual increase since 2018.

The oil and gas industry is a major contributor to the Malaysian economy, and it is expected to continue to grow in the coming years.

TheCrown, since you mention energy industry is bullish right now, here some exempt to solidify the thought;

Energy: The global energy market is expected to grow significantly in the coming years, driven by the increasing demand for clean energy sources. This makes the energy sector a good investment for the long term. As a result of these factors, energy stocks have been performing well in recent months. For example, the S&P 500 Energy Index has risen by over 20% in the past year.

oh man, 0.175 is gone now. Still looking the EP to collect some more.

I Just Qbuy on 17.5. if ada rezeki, got some more shares. If not, not my rezeki then

Thursday and Friday will be closed with in conjunction with Eid Adha I guess

Friday rule and next week only 3 days for trading day, just collect when reach 17-18

haha no harm bro, I have buying this stock since 0.075 and TP at 990%. Now my 2nd ride. Just shares my insight though

all eyes on deck today, the ship will be sail ;)

Smart money will not follow your traditional buying signal or pattern. You will surprise if not carefully monitor this sleeper stock. ;)

Maybe retracement or correction, waiting for rebound signal now. If not, collect some more during accumulation

Well, congrats on whom keep collecting when the price is below 0.17 ;)

3 consecutive profitable QR means the business is going well. Once the SC approve the reg plan, PN17 status will be lifted in no time. Keep believing.

Ready to fly in 3..2..1

Waiting patiently. MA50 crosses MA200 from below. hehe

Here are some of the key factors:

1. Financial performance: EATECH has a strong track record of financial performance. The company has been profitable for the past 10 years, and its revenue and earnings have been growing steadily.

2. Valuation: EATECH is trading at a relatively low valuation. The company's price-to-earnings ratio is below the average for its industry.

3. Technical analysis: The technical analysis suggests that the stock is in a neutral trend. This could mean that it is a good time to buy.

4. Risks: EATECH is exposed to the cyclical nature of the oil and gas industry. Its stock price could be volatile if there is a downturn in the industry. Additionally, the company is facing increasing competition from foreign players, which could put pressure on its margins.

And yes, there are some patterns of smart money in the technical chart of E.A. Technique Berhad (EATECH).

Last but not least, TAYOR.

Not yet, but it will come. Read the trend.

From a technical analysis perspective, E.A. Technique Berhad (EATECH) is currently trading in a sideways trend. The stock has been trading between the support level of RM0.1700 and the resistance level of RM0.1850 for the past few months. The RSI indicator is currently at 50, which indicates that the market is neither overbought nor oversold. The MACD indicator is also showing a neutral signal.

The overall technical analysis suggests that EATECH is in a neutral trend. The stock is likely to continue to trade between the support and resistance levels in the near future. However, if the stock breaks above the resistance level of RM0.1850, it could signal a bullish trend. On the other hand, if the stock breaks below the support level of RM0.1700, it could signal a bearish trend.

Here are some of the key technical indicators for EATECH:

RSI: 50
MACD: Neutral
Support: RM0.1700
Resistance: RM0.1850
Trend : sideway
Suggestion : Buy/hold
Mode : Accumulate

Hehe good news incoming. Q1/23 on 30 May

Collect before Q1/23 announcement

Hehe, hold and collect some more. 0.32 is on the way now. Only time will tell

Start your engine gentleman

Brace yourself, hodl

Its coming, get ready bullet

will rise more today

Waiting for Bursa que on regularisation plan, then pump.

2nd wave is coming, 0.26 again

Swim with the shark, if you know what I mean

Sure, 0.16 incoming, new base at 0.155

Jerung sudah masuk