💰Youngman Traders Hub💰

2022-02-12 07:18:11 Global threats that we're facing currently. Trade cautiously.

https://www.cnbc.com/2022/02/11/white-house-warns-russia-could-invade-ukraine-during-olympics-urges-americans-to-leave.html Open / Comment

2022-02-08 10:07:51 https://m.malaysiakini.com/news/609873 Open / Comment

2022-02-07 13:08:17 TALIWRK update
Has finally breakout from 90c super hard resistance since we mentioned 1 month ago.

Could we expect a bullish rally coming soon?

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Good potential counter with practical risk reward ratio (loss 1 bid, win > 5 bids) Open / Comment

2022-02-01 06:49:55 Gong Xi Fa Cai and Happy CNY
Wish you abundance of health, wealth and prosperity in this new Tiger year

恭喜发财 • 新年快乐
祝大家在 年里，
虎虎生威
生意兴隆
万事如意
合家安康
HUAT AH!

YM Open / Comment

2022-01-22 12:41:14 BREAKING!
https://www.freemalaysiatoday.com/category/nation/2022/01/22/sultan-consents-to-dissolution-of-johor-state-assembly/ Open / Comment

2022-01-20 11:58:53 20 Jan After Market Review

Basically market is enjoying rebound sentiment after few days of selling.
However, it's still too early to be optimistic as either US or Malaysia market are now in bearish formation from the perspective of technical analysis.

It is wise to monitor for further confirmation to avoid being tricked by fake reversal signal / technical rebound after massive selling.

@youngmanacademy Open / Comment

2022-01-20 10:56:39 https://www.theedgemarkets.com/article/bnm-maintains-opr-175-3 Open / Comment

2022-01-19 11:50:01 19 Jan 2022 After Market Review

Almost all of the sectors are having further sell down today, after major US indices broke technical support level (MA 50 for DJI ; Uptrend line for Nasdaq).

KLCI index shows bearish signal as it breaks MA50 important support ; Ace market shows more terrible sentiment as the six days of selling continuously had lead to break of previous bottom support.

In short, either the US or Msia market are showing bearish sign right now, whether it to be the beginning of crash or bigger correction, time will tell.

Not to be aggressive in fast trade due to huge uncertainties, while perhaps it's time to eye on counters with solid fundamental, wait for it to drop to an attractive valuation. This could be a better strategy for investors who have holding power. If you don't, hold cash could be a good idea now too.

@youngmanacademy Open / Comment

2022-01-17 12:08:57 17 Jan 2022 After Market Review

Market remains soft for the day and market momentum is lost as lack of active participation as tomorrow market is off due to Thaipusam holiday. KLCI continue 2nd day of correction with a drop of 12.4pts.

TECH sector has finally shows signal of cease in dropping after few days of selling. However, the momentum of rebound is limited, as it's still very uncertain and market is still waiting for further direction of the US market.

Most of the other sectors remain weak momentum today and still under correction stage.

Some active counters today are KOMARK (+) , KAB (+) ; SMTRACK (-), AIRASIA (-)

Tomorrow (18 Jan , Tuesday) market is OFF for 1 day due to Thaipusam holiday.

@youngmanacademy Open / Comment

2022-01-17 06:25:17 17 Jan 2022 Market Opening Review

Market opened lower today with relatively low and soft volatility in terms of pricing and volume, due to closed US market tonight, and Bursa market is off tomorrow due to Thaipusam holiday.

Most of the sectors are facing certain level of retracement, after short bull in the past 2 weeks, which is result of the rebounding from the bottom.

The only sector that able to remain the bullish formation is ENERGY (O&G) , thanks to price of crude oil which remains bullish and technically is on pending breakout attempt.

@youngmanacademy Open / Comment