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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 bears 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 bulls are stronger and more money is flowing into the market. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
7087
7237
0225
3611
7773
9075
7087
Magni Tech Industries (BURSA) [Overbought]
7087
(BURSA) [Overbought]
The chart above shows how
7087
displayed a rally after the
BUY
signal which was issued on 06/11/2024. Since then, the gain in this stock stretched to a whopping 17%. 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
13/12/2024
7087
Magni Tech Industries
Last Signal
SELL
Sell Level
2.8650
Sold at
2.8600
Close
2.8600
Sold on
13/12/2024
7237
Power Root
Last Signal
SELL
Sell Level
1.5200
Sold at
1.5100
Close
1.4900
Gain%
-1.32
Bought on
13/12/2024
7773
EP Manufacturing
Last Signal
BUY
Buy Level
0.5750
Bought at
0.5800
Close
0.5800
Sold on
12/12/2024
4383
Jaya Tiasa Holdings
Last Signal
STAY IN CASH
Sold at
1.4100
Close
1.3900
Gain%
-1.42
Bought on
12/12/2024
5141
Dayang Enterprise Holdings
Last Signal
STAY LONG
Sell Level
2.0300
Bought at
2.0500
Close
2.0300
Loss%
-0.98
Sold on
12/12/2024
7113
Top Glove Corporation
Last Signal
STAY IN CASH
Buy Level
1.4000
Sold at
1.3400
Close
1.4100
Loss%
5.22
Sold on
11/12/2024
2089
United Plantations
Last Signal
STAY IN CASH
Buy Level
31.24
Sold at
31.23
Close
31.36
Loss%
0.42
Bought on
11/12/2024
7090
Apex Healthcare
Last Signal
STAY LONG
Bought at
2.4900
Close
2.5000
Gain%
0.40
Sold on
11/12/2024
7161
Kerjaya Prospek Group
Last Signal
STAY IN CASH
Buy Level
2.2399
Sold at
2.3321
Close
2.2100
Gain%
-5.24
Bought on
11/12/2024
9822
Sam Engineering & Equipment M
Last Signal
STAY LONG
Bought at
3.9650
Close
4.1500
Gain%
4.67
Sold on
10/12/2024
5211PA
Sunway Conv Prf
Last Signal
BUY
Buy Level
4.4900
Sold at
4.6200
Close
4.6000
Gain%
-0.43
Sold on
10/12/2024
5983
MBM Resources
Last Signal
STAY IN CASH
Buy Level
6.4900
Sold at
6.4823
Close
6.4500
Gain%
-0.50
Bought on
10/12/2024
8621
LPI Capital
Last Signal
SELL
Sell Level
12.80
Bought at
12.86
Close
12.72
Loss%
-1.09
Bought on
09/12/2024
0090
Elsoft Research
Last Signal
STAY LONG
Sell Level
0.4300
Bought at
0.4090
Close
0.4450
Gain%
8.80
Sold on
09/12/2024
5878
KPJ Healthcare
Last Signal
STAY IN CASH
Sold at
2.5000
Close
2.3800
Gain%
-4.80
Sold on
09/12/2024
8206
Eco World Development Group
Last Signal
BUY
Buy Level
2.0200
Sold at
2.0250
Close
2.0500
Loss%
1.23
Sold on
06/12/2024
6262
Innoprise Plantations
Last Signal
STAY IN CASH
Sold at
1.7800
Close
1.6500
Gain%
-7.30
Bought on
04/12/2024
7207
Success Transformer Corporation
Last Signal
STAY LONG
Sell Level
0.7050
Bought at
0.7000
Close
0.7100
Gain%
1.43
Bought on
03/12/2024
0146
JF Technology
Last Signal
STAY LONG
Sell Level
0.6800
Bought at
0.5150
Close
0.7950
Gain%
54.37
Sold on
03/12/2024
3301
Hong Leong Industries
Last Signal
STAY IN CASH
Buy Level
14.70
Sold at
14.94
Close
14.66
Gain%
-1.87
Bought on
03/12/2024
7230
Tomei Consolidated
Last Signal
STAY LONG
Sell Level
1.4500
Bought at
1.4700
Close
1.5500
Gain%
5.44
Sold on
02/12/2024
0289
Plytec Holding
Last Signal
STAY IN CASH
Buy Level
0.3950
Sold at
0.3800
Close
0.3600
Gain%
-5.26
Bought on
26/11/2024
0269
Ds Sigma Holding
Last Signal
STAY LONG
Sell Level
0.3400
Bought at
0.3130
Close
0.3500
Gain%
11.82
Sold on
26/11/2024
4308
Sunway
Last Signal
STAY IN CASH
Buy Level
4.8700
Sold at
4.9400
Close
4.6900
Gain%
-5.06
Sold on
12/11/2024
0098
Bahvest Resources
Last Signal
STAY IN CASH
Buy Level
0.8075
Sold at
0.9100
Close
0.8050
Gain%
-11.54
Sold on
12/11/2024
4758
Ancom Nylex
Last Signal
STAY IN CASH
Buy Level
1.0300
Sold at
1.0700
Close
0.9900
Gain%
-7.48
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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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