Posted by Mabel > 2020-03-01 23:30 | Report Abuse

Meow..

Posted by James Ng > 2020-03-02 10:21 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-03-02-story-h1484659341.jsp
[转贴] [REVENUE GROUP BHD：作为未来业务扩展的一部分，该集团打算扩展到东盟市场，他们已经确定了两（2）个潜在的区域扩展国家，即缅甸和柬埔寨] - James的股票投资James Share Investing

Posted by maxprofit2020 > 2020-03-02 17:30 | Report Abuse

@ James, Revenue seems not in your stock pick list.
Would you consider RGB in your list ?

Posted by The speculators The speculators > 2020-03-03 12:56 | Report Abuse

Listing to main board soon

Posted by JaBerry > 2020-03-03 15:42 | Report Abuse

When ?

Posted by RainT > 2020-03-03 16:59 | Report Abuse

this potential seem still good

Posted by icepumpkin > 2020-03-03 17:04 | Report Abuse

I dnt know. Im lazy to look at bursa. I want to exit but stuck at 1.28. Hehe.

Posted by maxprofit2020 > 2020-03-03 17:14 | Report Abuse

The daily close is trending lower low each day :

Feb 26th = 1.34
Feb 27th = 1.3
Feb 28th = 1.25
Mar 2nd = 1.24
Mar 3rd = 1.23

The current support SMA 90 = 1.245 broken 3 times :

Feb 28th = 1.19 lowest
Mar 2nd = 1.2 lowest
Mar 3rd = 1.22 lowest

As long as 1.15 next support not broken, there may have chance for technical rebound, current resistant 1.35/1.36 = SMA 30 ~SMA 50.

However, if 1.15 support also broken, next support will be SMA 200 = 1.04/1.05.

Again, no rush to buy during downtrend unless a buy signal for reversal of trend.

Posted by icepumpkin > 2020-03-03 17:16 | Report Abuse

Max.. very thankful for your analysis.

Posted by WilliamUsana > 2020-03-03 17:48 | Report Abuse

Thank you Max! Well explained analysis *thumbs up*

Posted by Flintstones > 2020-03-04 14:57 | Report Abuse

Max, waiting for your TA updates

Posted by icepumpkin > 2020-03-04 15:39 | Report Abuse

Haha everyone wait for max.

Posted by maxprofit2020 > 2020-03-04 17:31 | Report Abuse

The daily close is trending lower low each day :

Feb 26th = 1.34
Feb 27th = 1.3
Feb 28th = 1.25
Mar 2nd = 1.24
Mar 3rd = 1.23
Mar 4th = 1.22

The current support SMA 90 = 1.247 broken 4 times :

Feb 28th = 1.19 lowest
Mar 2nd = 1.2 lowest
Mar 3rd = 1.22 lowest
Mar 4th = 1.2 lowest

As long as 1.15 next support not broken, there may have chance for technical rebound, current resistant 1.35/1.36 = SMA 30 ~SMA 50.

However, if 1.15 support also broken, next support will be SMA 200 = 1.05.

Important Note : The MMA chart is very clear that Revenue had entered into a long term downtrend from 1.45.

a) Yesterday was a long red candlestick opened 1.27, closed 1.23.
b) Today is a doji "+" open = close 1.22. It is a sign of indecisive whether to go down further or technical rebound. 50% up / 50%down.

Scenario # 1 : Tomorrow it may technical rebound to > 1.28 at closing, if yes, then it is a morning star (first day a red long candlestick, second day a "+" doji, third day a green long candlestick), a reversal of short term rebound will be possible.

Scenario # 2 : Tomorrow it continue break lower low at closing < 1.22, then a downtrend will be continue.

Posted by Bursaman666 > 2020-03-04 22:57 | Report Abuse

https://www.chinapress.com.my/?p=1929982

Posted by EatCoconutCanWin > 2020-03-05 08:16 | Report Abuse

new government and TNG no more attractive offer. is this the end of revenue?

Posted by maxprofit2020 > 2020-03-05 08:33 | Report Abuse

any technical rebound take profit first as long term it is a downtrend.

Posted by icepumpkin > 2020-03-05 09:37 | Report Abuse

While ghl has gone up so fast. Haiya.

Posted by maxprofit2020 > 2020-03-05 17:29 | Report Abuse

so the scenario # 2 happened, the downtrend continue.

During downtrend :

1) any technical rebound sell timely to take profits, as it will drop back fast
2) do not chase high as most rally only temporary, will be trapped
3) patiently wait for trend reversal only buy, else will stuck at holding stock (and miss other opportunities) while stock price will gradually trend down lower low until a trend reversal.

Posted by icepumpkin > 2020-03-05 19:03 | Report Abuse

I got trapped.

Posted by KMCalvin > 2020-03-05 19:12 | Report Abuse

Anyone can teach how to get ADJUSTED number of shares after bonus issue?

Posted by NSKNSKNSK > 2020-03-05 22:24 | Report Abuse

Thanks maxprofit TA update

Posted by qbig9105 > 2020-03-06 08:54 | Report Abuse

maxprofit2020 is professional trader?

Posted by maxprofit2020 > 2020-03-06 09:07 | Report Abuse

no, just learning and sharing

Posted by maxprofit2020 > 2020-03-06 10:35 | Report Abuse

with 1.19 lowest today, it means all traders bought and hold from Feb 18th to now 100% being trapped in.

again, any technical rebound during downtrend is for profit taking purpose, not for chasing high.

Posted by scalded > 2020-03-06 11:14 | Report Abuse

maxprofit2020 with 1.19 lowest today, it means all traders bought and hold from Feb 18th to now 100% being trapped in.

again, any technical rebound during downtrend is for profit taking purpose, not for chasing high.

May I ask, are you giving out any coaching?

Posted by maxprofit2020 > 2020-03-06 11:28 | Report Abuse

it is learning thru sharing, not really coaching
if Revenue hv no future, I wont be here.

Posted by icepumpkin > 2020-03-06 11:34 | Report Abuse

I think e wallet has future. Both revenue and ghl. I have faith in this counter.

Posted by scalded > 2020-03-06 11:57 | Report Abuse

maxprofit2020, tq for sharing. I think I need to take up trading course to avoid being scalded as little
as possible. Any reconmendations on reliable trading courses?

Posted by maxprofit2020 > 2020-03-06 12:07 | Report Abuse

there is plenty of internet FOC TA basic education, just google yourself.
however, finally the biggest learning will be self-discipline and no-greedy which can only do self-training.

Posted by icepumpkin > 2020-03-06 12:40 | Report Abuse

Patience and diligence.
Less greed and emotional.
Thank you Max.

Posted by prince4 > 2020-03-06 15:50 | Report Abuse

Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by Mabel > 2020-03-06 21:39 | Report Abuse

@maxprofit2020 The daily close is trending lower low each day :

Feb 26th = 1.34
Feb 27th = 1.3
Feb 28th = 1.25
Mar 2nd = 1.24
Mar 3rd = 1.23
Mar 4th = 1.22

The current support SMA 90 = 1.247 broken 4 times :

Feb 28th = 1.19 lowest
Mar 2nd = 1.2 lowest
Mar 3rd = 1.22 lowest
Mar 4th = 1.2 lowest

As long as 1.15 next support not broken, there may have chance for technical rebound, current resistant 1.35/1.36 = SMA 30 ~SMA 50.

However, if 1.15 support also broken, next support will be SMA 200 = 1.05.

Important Note : The MMA chart is very clear that Revenue had entered into a long term downtrend from 1.45.

a) Yesterday was a long red candlestick opened 1.27, closed 1.23.
b) Today is a doji "+" open = close 1.22. It is a sign of indecisive whether to go down further or technical rebound. 50% up / 50%down.

Scenario # 1 : Tomorrow it may technical rebound to > 1.28 at closing, if yes, then it is a morning star (first day a red long candlestick, second day a "+" doji, third day a green long candlestick), a reversal of short term rebound will be possible.

Scenario # 2 : Tomorrow it continue break lower low at closing < 1.22, then a downtrend will be continue.
04/03/2020 5:31 PM

Always love reading your analysis maxprofit2020 !

I bought Revenue in different batches before and after the Right Issues. Revenue is currently sitting comfortably on P1 in my selection of Techs stocks. This is one of those stock that I have put in Category 3: Buy and Forget..

With the current sentiment, I have started to more interest. Hence, keep writing and thanks for sharing your analysis.

Meow..

Posted by maxprofit2020 > 2020-03-07 11:20 | Report Abuse

@ Mabel, I bought Revenue last month at 1.24 & 1.31 (when it dropped to 1.15 lowest & rebound) and decided to sell all 2 times at 1.4 & 1.41 when observed several bearish signals, inclusive a double tops, which I also shared last month.

I am currently holding zero Revenue stocks, and waiting for a good entry point only with no rush. The reason I share the TA is because I am seeing a lot of traders may not understand the downtrend situation we are in and continue buy high and stuck at holding high, while I am only waiting for a trend reversal to buy low.

I may not share too frequent from now on for Revenue until there is a buy signal appear.

Posted by Mabel > 2020-03-07 11:29 | Report Abuse

Noted and thanks maxprofit2020...

I hear you...

Thank you!

Posted by Mabel > 2020-03-07 11:30 | Report Abuse

Whenever you are in doubt...

Do the Hustle..

https://www.youtube.com/watch?v=V3kE0rvAJhM

Compliments from Mabel’s Body Shops

Meow.

Posted by maxprofit2020 > 2020-03-07 11:46 | Report Abuse

Current technical observation from Friday closing :

SMA 10 = 1.273
SMA 50 = 1.356
SMA 90 = 1.251

1) Technically when SMA 50 crossover > SMA 10, it is already a confirmed downtrend since Feb 28th.
The gap had been widen (from Feb 28th to Mar 6th) to 0.083 with no sign of reversal and both moving average trending down (SMA 10 much faster then SMA 50).

2) The next critical point will be the crossover of SMA 90 with SMA 10.
The current gap is only 0.022. Once SMA 90 also > SMA 10, expected a further drop in price.
Note that SMA 90 now is slowly trending up while SMA 10 is rapidly trend down, the crossover may happen within short term.

3) Once SMA 90 also start to trend down after crossover with SMA 10, then a more significant waterfall dropping may happen until a trend reversal (SMA 10 > SMA 50, opposite of crossover for above, and that will be the right time for entry).

Posted by maxprofit2020 > 2020-03-07 11:58 | Report Abuse

@ Mabel, very nice musical video, that's classic !

Posted by Flintstones > 2020-03-07 15:59 | Report Abuse

Does anybody know revenue has how much market share in edc terminal?

Posted by Mabel > 2020-03-07 21:51 | Report Abuse

Meow..

Posted by Chris Wong > 2020-03-07 23:20 | Report Abuse

this revenue remind me of inari many year back 2013. at 50 cent in ace market. then up till rm3 within 3 year n entered main market.

Posted by The speculators The speculators > 2020-03-08 03:01 | Report Abuse

Tranfer to main board soon

Posted by mf > 2020-03-08 05:58 | Report Abuse

http://www.astroawani.com/berita-politik/kenapa-tak-boleh-tunggu-lagi-tiga-tahun-mat-sabu-232879

Posted by maxprofit2020 > 2020-03-09 09:11 | Report Abuse

1.15 support broken, next support SMA 200 1.05

Posted by Lai Ah Foo > 2020-03-09 09:58 | Report Abuse

Dare 2 buy ? Anybody ?

Posted by maxprofit2020 > 2020-03-09 10:04 | Report Abuse

Today is the first time SMA 10 < SMA 90 since June'19, a bearish trend.
Buy only when there is a clear reversal from bottom with positive market sentiments.

Posted by icepumpkin > 2020-03-09 10:10 | Report Abuse

All market is very bad. Even glove counter down. Crazy.

Posted by maxprofit2020 > 2020-03-09 12:32 | Report Abuse

hope nobody here bought high last week after several reminders for the downtrend.

Posted by maxprofit2020 > 2020-03-09 17:04 | Report Abuse

Just take note :

1) SMA 90 today crossover > SMA 10 => Bearish mode with price drop as expected.
2) Closing at 1.08 is very close to SMA 200 at 1.057, once the price break lower then SMA 200, it will free fall below RM 1. However, if SMA 200 able to support strongly this week, still a chance to rebound from bottom.

Posted by Trouble Huat > 2020-03-09 19:33 | Report Abuse

maxprofit2020 Just take note :

1) SMA 90 today crossover > SMA 10 => Bearish mode with price drop as expected.
2) Closing at 1.08 is very close to SMA 200 at 1.057, once the price break lower then SMA 200, it will free fall below RM 1. However, if SMA 200 able to support strongly this week, still a chance to rebound from bottom.

thanks analysis,
will continue collect if the price yet break below SMA200.

Posted by Joyvestt > 2020-03-09 21:06 | Report Abuse

i told them so many times but they just keep fantasizing............