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MYX
Index
fx
MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. 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 money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
7765
2089
8311
5168
5073
0237
7765
Rapid Synergy (BURSA) [Overbought]
7765
(BURSA) [Overbought]
The chart above shows how
7765
displayed a rally after the
BUY
signal which was issued on 11/12/2024. Since then, the gain in this stock stretched to a whopping 22%. 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
Sold on
20/12/2024
2089
United Plantations
Last Signal
SELL
Sell Level
32.90
Sold at
32.82
Close
31.82
Gain%
-3.05
Bought on
20/12/2024
5073
Naim Holdings
Last Signal
BUY
Buy Level
1.0300
Bought at
1.0400
Close
1.0400
Sold on
20/12/2024
7765
Rapid Synergy
Last Signal
SELL
Sell Level
1.0150
Sold at
1.0100
Close
0.9850
Gain%
-2.48
Sold on
19/12/2024
0183
Salutica
Last Signal
STAY IN CASH
Buy Level
0.6150
Sold at
0.5890
Close
0.6150
Loss%
4.41
Bought on
19/12/2024
5284
Lotte Chemical Titan Holding
Last Signal
STAY LONG
Sell Level
0.6050
Bought at
0.6400
Close
0.6050
Loss%
-5.47
Sold on
19/12/2024
6718
Crescendo Corporation
Last Signal
STAY IN CASH
Sold at
1.4800
Close
1.4900
Loss%
0.68
Bought on
18/12/2024
5186
Marine & General
Last Signal
STAY LONG
Bought at
0.2850
Close
0.2750
Loss%
-3.51
Bought on
18/12/2024
5260
Only World Group Holdings
Last Signal
STAY LONG
Sell Level
0.2825
Bought at
0.2900
Close
0.2850
Loss%
-1.72
Sold on
18/12/2024
5398
Gamuda
Last Signal
STAY IN CASH
Buy Level
4.7800
Sold at
4.7850
Close
4.7800
Gain%
-0.10
Sold on
18/12/2024
8907
EG Industries
Last Signal
STAY IN CASH
Buy Level
2.3000
Sold at
2.2500
Close
2.2800
Loss%
1.33
Sold on
17/12/2024
0295
Master Tec Group
Last Signal
STAY IN CASH
Buy Level
1.2200
Sold at
1.2300
Close
1.2200
Gain%
-0.81
Bought on
17/12/2024
7052
Padini Holding
Last Signal
SELL
Sell Level
2.2450
Bought at
2.2000
Close
2.2100
Gain%
0.45
Sold on
16/12/2024
3611
Paragon Globe
Last Signal
BUY
Buy Level
0.3700
Sold at
0.3835
Close
0.3750
Gain%
-2.22
Sold on
13/12/2024
7087
Magni Tech Industries
Last Signal
STAY IN CASH
Buy Level
2.5000
Sold at
2.6586
Close
2.4500
Gain%
-7.85
Sold on
13/12/2024
7237
Power Root
Last Signal
STAY IN CASH
Buy Level
1.5050
Sold at
1.5100
Close
1.5000
Gain%
-0.66
Bought on
13/12/2024
7773
EP Manufacturing
Last Signal
STAY LONG
Bought at
0.5800
Close
0.5700
Loss%
-1.72
Sold on
12/12/2024
4383
Jaya Tiasa Holdings
Last Signal
STAY IN CASH
Sold at
1.4100
Close
1.2900
Gain%
-8.51
Sold on
11/12/2024
7161
Kerjaya Prospek Group
Last Signal
STAY IN CASH
Buy Level
2.2300
Sold at
2.3321
Close
2.2300
Gain%
-4.38
Sold on
10/12/2024
5983
MBM Resources
Last Signal
STAY IN CASH
Buy Level
6.2000
Sold at
6.4823
Close
6.2000
Gain%
-4.35
Sold on
06/12/2024
6262
Innoprise Plantations
Last Signal
STAY IN CASH
Sold at
1.7800
Close
1.5800
Gain%
-11.24
Bought on
04/12/2024
7207
Success Transformer Corporation
Last Signal
STAY LONG
Sell Level
0.7050
Bought at
0.7000
Close
0.7050
Gain%
0.71
Bought on
03/12/2024
0146
JF Technology
Last Signal
STAY LONG
Sell Level
0.8025
Bought at
0.5150
Close
0.8050
Gain%
56.31
Sold on
03/12/2024
3301
Hong Leong Industries
Last Signal
STAY IN CASH
Buy Level
14.40
Sold at
14.94
Close
14.26
Gain%
-4.55
Sold on
02/12/2024
0289
Plytec Holding
Last Signal
STAY IN CASH
Buy Level
0.3400
Sold at
0.3800
Close
0.3300
Gain%
-13.16
Bought on
26/11/2024
0269
Ds Sigma Holding
Last Signal
STAY LONG
Sell Level
0.3500
Bought at
0.3130
Close
0.3600
Gain%
15.02
Sold on
26/11/2024
4308
Sunway
Last Signal
STAY IN CASH
Buy Level
4.8700
Sold at
4.9400
Close
4.7100
Gain%
-4.66
Sold on
12/11/2024
0098
Bahvest Resources
Last Signal
BUY
Buy Level
0.7925
Sold at
0.9100
Close
0.8200
Gain%
-9.89
Sold on
12/11/2024
4758
Ancom Nylex
Last Signal
STAY IN CASH
Buy Level
1.0300
Sold at
1.0700
Close
1.0000
Gain%
-6.54
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Therefore, Malaysianbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.
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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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