Wealthory Stock Trading

2022-09-01 06:29:08 MGRC

Listed on Premium Channel when it's just at 0.735 on 30th August 2022

Strong continuation and hit 8.16% intraday profit so far. Congrats to Premium Members that make profit on this counter


DISCLAIMER:
Wealthory Stock Trading is a channel which sharing for educational purpose and case study. There is no buy/sell call given in this channel. We are not responsible for your trades. You have to trade your own risk and seek for advices from your licensed advisor before making investment decision. Open / Comment

2022-09-01 05:09:29 CFM [Latest Update]

1st resistance 1.13 done

Strong rebound and forming a slightly bullish engulfing candlestick today. Let's see if it can sustain for potential short term swing.

Next resistance 1.17
Support change to 1.07 Open / Comment

2022-08-31 06:44:45 Open / Comment

2022-08-29 16:18:08 CFM [Latest Update]

Quite a strong closing today but 1.13 remain as its intermediate resistance for it to go higher.

Volume is flowing in continuously for this counter, hope that it can breakthrough 1.13 resistance soon for higher profit.

Resistance 1.13
Support 1.05 Open / Comment

2022-08-29 16:15:47 CHINHIN [Latest Update]

Not a candlestick that we want to see as it failed to sustain at higher price and had a strong profit taking today.

Congrats if you made an intraday profit of RM0.22 (8.66%) as highest today. Let's see how it will confirm again in this week.

Resistance 2.68
Support 2.39 Open / Comment

2022-08-28 15:30:58 KLCI index Updates [28/08/2022]

Just like what we expected on last Sunday, KLCI Index continued its pullback and rebounded on 1470 support on last Thursday. US indexes suffered a huge dump on Friday after Powell's Wyoming Speech. It's likely that Bursa market will follow to have some pullback in this week.

Technical wise, KLCI Index rebounded strongly from its 1470 support but failed to sustain at higher price on last Friday. Hope that support at 1470 will sustain this week as US indexes doesn't looks good after the Lowell's Wyoming Speech on last Friday.

Resistance 1518, 1535
Support 1485, 1470

Based on this weekly listing, sectors that can be monitored:
1. NIL (-)

Other counters that you may try to monitor for the sector above:
1. NIL (-)

Other sectors that you may try to monitor:
1. OnG (HIBISCS, PETRONM, HENGYUAN)
2. Technology (RAMSSOL, INFOTEC) Open / Comment

2022-08-28 15:00:50 Weekly listing for 35th week year 2022:

1. CHINHIN
2. CFM


2 counters are chosen within 46 counters for this week. The chosen rate is just 4.35%. Let's see how these counters will perform in this week

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https://t.me/WealthoryStockTrading
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https://t.me/WealthoryStockDiscussion
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https://t.me/WealthoryCrypto
Public Crypto Discussion:
https://t.me/WealthoryCryptoDiscussion

*DISCLAIMER*
Wealthory Stock Trading is a channel which sharing for education and case study purpose. There is no buy/sell call given in this channel. We are not responsible for your trades. You have to trade your own risk and seek for advices from your licensed advisor before making investment decision. Open / Comment

2022-08-28 14:58:41 CFM [21/08/2022]
[Short term]

Resistance 1.13, 1.17, 1.20
Support 1.05, 1.02
Risk: 5%, 7%

Listed as our weekly listing for the past two weeks also and it hit our first resistance too. Some pullback from its highest point on last Friday, try to monitor again if a further pullback will happen. It might go higher once it breakthrough its intermediate resistance at 1.13.

MA 20 is slightly downtrending while MA 50 is uptrending and price is standing on both MA lines.

Volume is flowing in slowly and continuously to support its breakout signal. Take 1.05 as your pullback buy support and 1.02 as your last support if you're looking to enter.

@WealthoryStockTrading Open / Comment

2022-08-28 14:46:22 CHINHIN [28/08/2022]
[Short term]

Resistance 2.68, 2.79
Support 2.39
Risk: 6%

Chart is still going sideway as overall but it formed a slightly breakout signal and breakthrough MA 20 to close at higher price on last Friday.

Both MA 20 and MA 50 are uptrending and price is standing on both MA lines.

Volume is getting lower for this counter, hope that more buying volume will enter to push it higher and form a breakout signal. Take 2.39 as your support if you're looking to enter.

@WealthoryStockTrading Open / Comment

2022-08-28 09:53:36 Congrats!! The first world champion for Malaysia

Tmr got public holiday? Open / Comment