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MYX
Index
fx
MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
OVERBOUGHT/OVERSOLD STOCKS
5026
2089
4308
5199
0203
0010
5026
MHC Plantations (BURSA) [Overbought]
5026
(BURSA) [Overbought]
The chart above shows how
5026
displayed a rally after the
BUY
signal which was issued on 26/09/2024. Since then, the gain in this stock stretched to a whopping 7%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a
SELL
signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
21/11/2024
0203
Securemetric
Last Signal
BUY
Buy Level
0.1700
Bought at
0.1750
Close
0.1750
Sold on
21/11/2024
5026
MHC Plantations
Last Signal
SELL
Sell Level
1.0450
Sold at
1.0200
Close
1.0100
Gain%
-0.98
Bought on
21/11/2024
5199
Hibiscus Petroleum
Last Signal
BUY
Buy Level
1.9400
Bought at
1.9500
Close
1.9600
Gain%
0.51
Sold on
20/11/2024
0024
JAG
Last Signal
STAY IN CASH
Buy Level
0.3050
Sold at
0.3000
Close
0.3050
Loss%
1.67
Sold on
20/11/2024
2836
Carlsberg Brewery Malaysia
Last Signal
STAY IN CASH
Sold at
20.40
Close
20.46
Loss%
0.29
Bought on
20/11/2024
5196
Berjaya Food
Last Signal
STAY LONG
Bought at
0.3600
Close
0.3800
Gain%
5.56
Sold on
19/11/2024
5012
Ta Ann Holdings
Last Signal
STAY IN CASH
Buy Level
4.3900
Sold at
4.3500
Close
4.3500
Bought on
19/11/2024
5183
Petronas Chemicals Group
Last Signal
STAY LONG
Bought at
4.5700
Close
4.8300
Gain%
5.69
Bought on
19/11/2024
6556
Ann Joo Resources
Last Signal
SELL
Sell Level
0.8450
Bought at
0.8400
Close
0.8300
Loss%
-1.19
Sold on
18/11/2024
7219
Aizo Group
Last Signal
STAY IN CASH
Buy Level
0.1500
Sold at
0.1480
Close
0.1400
Gain%
-5.41
Bought on
18/11/2024
8869
Press Metal Aluminium Holdings
Last Signal
STAY LONG
Sell Level
4.6400
Bought at
4.5900
Close
4.6400
Gain%
1.09
Bought on
15/11/2024
5230
Tune Protect Grp
Last Signal
STAY LONG
Bought at
0.2830
Close
0.2800
Loss%
-1.06
Bought on
15/11/2024
5318
Dxn Holdings
Last Signal
STAY LONG
Sell Level
0.4800
Bought at
0.4850
Close
0.4800
Loss%
-1.03
Sold on
15/11/2024
7252
Teo Seng Capital
Last Signal
STAY IN CASH
Buy Level
2.4350
Sold at
2.4500
Close
2.2800
Gain%
-6.94
Sold on
14/11/2024
0289
Plytec Holding
Last Signal
BUY
Buy Level
0.3650
Sold at
0.3660
Close
0.3750
Loss%
2.46
Bought on
14/11/2024
8176
Ata Ims
Last Signal
SELL
Sell Level
0.2900
Bought at
0.2880
Close
0.2850
Loss%
-1.04
Bought on
13/11/2024
5248
Bermaz Auto
Last Signal
SELL
Sell Level
2.1100
Bought at
2.0500
Close
2.1000
Gain%
2.44
Sold on
12/11/2024
0098
Bahvest Resources
Last Signal
STAY IN CASH
Buy Level
0.9400
Sold at
0.9100
Close
0.9400
Loss%
3.30
Bought on
12/11/2024
0168
Bm Greentech
Last Signal
STAY LONG
Sell Level
1.8700
Bought at
1.8350
Close
1.8800
Gain%
2.45
Sold on
12/11/2024
4758
Ancom Nylex
Last Signal
STAY IN CASH
Buy Level
1.0300
Sold at
1.0700
Close
1.0200
Gain%
-4.67
Sold on
11/11/2024
5306
Farm Fresh
Last Signal
BUY
Buy Level
1.7900
Sold at
1.8500
Close
1.8000
Gain%
-2.70
Bought on
11/11/2024
7082
M & A Equity Holdings
Last Signal
STAY LONG
Sell Level
0.2800
Bought at
0.2850
Close
0.2800
Loss%
-1.75
Sold on
11/11/2024
7676
G Capital
Last Signal
BUY
Buy Level
0.4575
Sold at
0.5000
Close
0.4650
Gain%
-7.00
Sold on
08/11/2024
4731
Scientex
Last Signal
STAY IN CASH
Buy Level
4.4600
Sold at
4.6100
Close
4.4300
Gain%
-3.90
Sold on
25/10/2024
8419
Pansar
Last Signal
STAY IN CASH
Buy Level
0.6100
Sold at
0.6150
Close
0.6000
Gain%
-2.44
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Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.
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