market sentiment is far more important and the overriding factor...for instance take a look at lay hong what happened the price dropped further despite good profit

by the way this morning there was a fake breakout of the recent high 2.12

at the moment pullback by more than 50% fibo retracement

bearish harami and bearish rsi divergence bought about the price dip today..support at 1.91 and the next is at 1.75/1.76 (this level is crucial being the recent low cos if it is broken down then the peak at 2.12 would end as a lower low is being formed)

tp1 84 sen

as this pullback is a shallow one

well if the gamblers do come back to the table to hoot this one or two days, then this counter would terbang

now at 15.5 still looked very bearish and does not appear to be a good bargain...better to monitor further

be very patient it would be better to watch first ...perhaps at 15.5 to consider

bearish harami if confirmed a further dip is likely to support level at 15.5

if it failed to make a move up today or by early next week then be very wary although the chart still looks sui sui at the moment

no reason why the price would not continue to climb up to 3.37

lers see how strong this rally would be...could the down trend end and a reversal begin with a bullish macd divergence

today is not possible but this week is doable

please note there is a bearish divergence and a sell signal was triggered on tuesday, last week

well it is a strong possibility that this pullback is a shallow one then tomorrow going to see demand coming in to push the price back up to close 19 or above then fingers crossed we should see a golden cross (50 MA moves above 200 MA) and as a result the rally should be more sustainable first to ease past 20.5 to 22/23 then thereafter huat

tp1 is done but the momentum has weakened with an indecisive doji now ...so be alert

nothing to suggest there is any interruption to its continuing up leg move with tp1 at 20/20.5 and tp 2 at 22/23....then we should see how it develops further ie if momentum gaining ground or otherwise...meanwhile lets enjoy the ride

so how far can it go? 2.24 and perhaps to 2.50

a confluenge of factors viz oversold territory, bullish harami cross (confirmation needed) and a positive rsi divergence would suggest a likely technical rally

de 1.07 is the gap down to fill ..it would even touch 1.20 if buying momentum is sustained at 1.08 ( a pullback likely here) it has filled the earlier gap down at is it 96 or 96.5 before a pullback ..so looks ok to me with the price above 20/50MA which are showing a sloping up inclination

howdy mabel, you may wish to take a look at mtouche

i am looking at 1.07 but i would exit at 1.04

just watch their game...question is which direction would give them (market makers) the most gain...think about it..... is it UP or DOWN

afternoon session might see a buying signal being triggered at 6.5 sen...lets watch the game

6 sen is a good price...so if already bought ...then be happy...chill and wait for it to unfold its wings

first watch if the high at 1.75 could be broken up bo... if not could form a bearish double top...now if it does then still have to monitor to see if it is a false breakout...now should it reverse at 1.86 then chances it is and if it is not then the 2.00 target is very likely...thus far this upleg move is still intact

mabel you are most welcome by the way i do not have a single share in ikhmas though i bought fpgroup at 40 sen with a tp1 at 42.5 and tp2 at 45 to 46 and should the momentum remained strong i would go for 49 and hopeful aim at the ultimate 57.5 ...good luck and cheerio

mabel ppl have reacted most unfavourably on the news of its poor financial condition and subsequently broke the low 9 sen though we saw buying came in to support at 7 sen then a pullback to retest 9 sen ending with a bullish engulfing yesterday but at the same time filled the gap down at 9 sen(it is normal to see a dip thereafter which it did to 8 sen)...please note for downtrending stocks like ikhmas at the moment ppl would sell on rebound...now if there is a rebound then it would fill the gap down at 11 sen which i think it should and if ppl forgets about its prevailing dire straits condition then the price would move up to 12-15 sen...now until and unless there is a dramatic turn of event the gap down at 17 sen appeared unlikely to be filled...so watch the vital 7 sen for further downside and 9 sen for further upside
perhaps you might wish to take a look at fpgroup to help recoup your inevitable loss (only if i were able to have this posted earlier you could have it at 40 sen if you decided to take a shot at it)
see this time bolih dapat hantar this message over here

okie dokie i repost ya please wait

which i deleted last night at 8.30 pm

mabel did you read my response posted yesterday

stay cool; the dust shall settle down and things would turn up fine ultimately

mabel, by the way candlestick patterns are short term patterns that are valid for 1 to 2 weeks only...so please take note

mabel please let me know if you have read this

mabel last candlestick pattern formed is a bullish matching low which would suggest the bottom of the down trend might have reached (the worrying part being the on going operation issue) and confirmation of a buy is at 9.5 sen then the first target would be the gap filling at 11 sen where selling pressure would be expected and then the next gap at 17.5 sen ...so whether that 17.5 gap would be closed depends on that above stipulated concern of its ability to continue with its business as it is already have problem in meeting its financial obligation (that is a big NG)...good luck

just buy and hold and see it moves up to 1.74 then 1.82 then 2.00

comment with good faith it is up to you to decide

as a rejoinder , company also show good future prospects with the number and size of contracts secured

yap..where got sure one, we talk about probability and i see the development of a bearish 3 drives pattern

price target at 26.5 by 12/7/2019

i think it is better to sell the warrant now as it is fetching a good price and to buy the underlying share (mother) at 70 sen or 67 sen see candlestick pattern for guide

why its price is low in the first place? basically, it is not doing well. and that is why price had dropped from 30 sen on may 2017 to bottom at 12 sen on march 2019 . since then its price started to climb up and accelerated when it undertook a capital reduction to clear its debt on january 2019 and a fund raising rights exercise on april 2019 to chart its plan for future development and bought a money lending company not to mention a new shareholder to see its future growth.. technically it is very bullish breaking recent high 18.7 to indicate a trend reversal and now 30 sen with good volume..so expecting more upside for now before a breather takes place

then the profit target is 26 which is a 20% gain ...so it is not bad

for aggressive traders 21.5 is a confirmed buy

with the bullish doji star still valid

sedania on consol with strong support at 18.5 fibo retracement 61.8% still above previous high 15

cos mbmr's last close is a bearish engulfing

dont simply shiok shiok say sahaja

tp 33.5