1651 (BURSA MALAYSIA)

1651 BURSA MALAYSIA

Malaysian Resources Corporation

STAY LONG

0.2800

Prev.Close

0.2900

Change

-0.0100

Change%

-3.45%

BEARISH KICKING

Bought at

0.2900

Open

0.2850

High

0.2900

Low

0.2750

0.2800

Loss%

-3.45%

Signal History

Date	Price	Signal	Change%		MYR100⇨
19/03	0.2900	BUY	-3.4%	❌	84
20/02	0.3300	SELL	-12.1%	✔	84
12/02	0.3430	BUY	-3.8%	❌	88
29/01	0.3600	SELL	-4.7%	✔	88
22/01	0.3700	BUY	-2.7%	❌	91
13/01	0.3900	SELL	-5.1%	✔	91
05/01	0.3850	BUY	+1.3%	✔	90
22/12	0.3900	SELL	-1.3%	✔	91
16/12	0.4100	BUY	-4.9%	❌	96
25/11	0.4310	SELL	-4.9%	✔	96
10/11	0.4450	BUY	-3.1%	❌	100

† Trade commissions are taken as 0.40%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 19/03/2026, 5 days ago, when the stock price was 0.2900. Since then, 1651 has fallen by -3.45%.

Market Outlook

Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.

Pattern Description

This pattern starts with a white Marubozu followed by a black Marubozu. After the white Marubozu, the market opens below the previous session’s opening price, creating a gap between the two candlesticks. more...

Date	Price	Signal	Change%		MYR100⇨
19/03	0.2900	BUY	-3.4%	❌	119
20/02	0.3300	SELL	-12.1%	✔	120
12/02	0.3430	BUY	-3.8%	❌	125
29/01	0.3600	SELL	-4.7%	✔	125
22/01	0.3700	BUY	-2.7%	❌	129
13/01	0.3900	SELL	-5.1%	✔	130
05/01	0.3850	BUY	+1.3%	✔	129
22/12	0.3900	SELL	-1.3%	✔	129
16/12	0.4100	BUY	-4.9%	❌	137
25/11	0.4310	SELL	-4.9%	✔	137
10/11	0.4450	BUY	-3.1%	❌	142
30/09	0.5300	SELL	-16.0%	✔	143
09/09	0.4850	BUY	+9.3%	✔	131
14/08	0.5300	SELL	-8.5%	✔	132
11/08	0.5400	BUY	-1.9%	❌	135
05/08	0.5400	SELL	0.0%	❌	135
01/08	0.5500	BUY	-1.8%	❌	138
30/07	0.5300	SELL	+3.8%	❌	139
28/07	0.5500	BUY	-3.6%	❌	145
22/07	0.5450	SELL	+0.9%	❌	145
17/07	0.5350	BUY	+1.9%	✔	143
07/07	0.5100	SELL	+4.9%	❌	144
25/06	0.4650	BUY	+9.7%	✔	132
29/05	0.5050	SELL	-7.9%	✔	132
28/04	0.4500	BUY	+12.2%	✔ 👍	118
22/04	0.4250	SELL	+5.9%	❌	119
11/04	0.4140	BUY	+2.7%	✔	116
07/04	0.4210	SELL	-1.7%	✔	116
25/03	0.4200	BUY	+0.2%	✔	117
14/02	0.5100	SELL	-17.6%	✔	117
05/02	0.5100	BUY	0.0%	❌	118
27/01	0.5050	SELL	+1.0%	❌	118
21/01	0.5050	BUY	0.0%	❌	119
07/01	0.5325	SELL	-5.2%	✔	119
26/12	0.5050	BUY	+5.4%	✔	113
10/12	0.5200	SELL	-2.9%	✔	114
04/12	0.5350	BUY	-2.8%	❌	118
12/11	0.5550	SELL	-3.6%	✔	118
04/11	0.5650	BUY	-1.8%	❌	121
18/10	0.6050	SELL	-6.6%	✔	121