Downloading...
Download

Aimtrading

MRNA - potential reversalNASDAQ:MRNA has been trading outside lower Bollinger Band, currently priced at $111.40. It has also declined from recent peak of $178.50 at almost 38% decline rate. Stoch has been in oversold mode few last trading days, and it's just a matter of time before the cross up and we might be seeing a direction change. Expect confirmation at $120.26 and next target is $138.13. Latest news: - moderna vaccine for US troops in South Korea - moderna vaccine for US troops in Japan - South Korea gov will purchase from moderna enough for the use of 20mil people NASDAQ:MRNA
NASDAQ:MRNALong
by aimit
1
AEMULUS - why do you think this counter is doing well now?I am putting some reference to internet materials describing why technology-based counter will be next high performing sector equaling healthcare during Covid19 frenzy. Just look at how much growth for AEMULUS & PENTA from the low of Covid19 until recent close. Some ideas: 1. Economy is opening up, manufactures are start getting their business in full swing as before 2. Covid19 make technology such as IOT, automation, high speed connectivity & 5G being prioritized 3. Never ending US-China trade war increase the demand for ATE from Chinese manufacturers Related counters MYX:AEMULUS , MYX:VITROX , MYX:PENTA , MYX:GREATEC , MYX:MI , MYX:ELSOFT , MYX:MMSV & MYX:VIS . Here are some reference to the related internet content: www.theedgemarkets.com “The world is moving into the Industry 4.0 era and artificial intelligence (AI), where more manual and tedious processes across various industries will soon be automated or digitised with smart machines with AI and big data analytics. The demand of such machines is enormous, not only in Malaysia but globally,” “With Industry 4.0, the manufacturing sector needs ATE and factory automation solutions to stay competitive with high quality and high output. With the advancements and fast-changing semiconductor technology, ATE of high technology and quality is in high demand,” “Overall, I think both OSAT and ATE companies from Malaysia will continue to see growth potential, owing to our cost-competitiveness, and the advantage we may be enjoying, owing to the US-China trade war. However, I cannot specifically predict which one will grow faster,” “Some local makers have been receiving requests to build more equipment for their customers, which are already preparing for the market recovery next year. They may want to order the equipment now and put their capacity in place by the end of this year,” advisory.kpmg.us "Semiconductor leaders feel that COVID-19 will have a positive impact on the investment, growth, and adoption of 5G, artificial intelligence, and Internet of Things". www.theedgemarkets.com www.theedgemarkets.com www.theedgemarkets.com www.theedgemarkets.com
MYX:AEMULUSLong
by aimit
CAREPLS - let's go breaking some more resistance lines-Today there are 432 new cases of covid19 in our country. This is the record breaking figure compared to previous high of 315 on 16th March 2020. -Are we battling covid19 part 2 which is stronger in nature? Or is it just we as human who always take for granted and neglect the SOP and getting loose on everything. -nearest resistance at 3.80 and if broken we will be at 4.10 -there is so much head room to reach 5.83 of 20W high -just hold tight
MYX:CAREPLSLong
by aimit
CAREPLS - this counter not going to fail us!Why? From many angle, it just look real good. Management - the profit is good, company opening new plant, better treatment to staff, booking is ahead of production Investors - look at the OBV, it keeps increasing. Price might fluctuate but OBV indicate how the investors still keeping their trust. Global pandemic - don't look far, in Malaysia yesterday already 260 new cases. It's bad for our health (so be careful #kitajagakita), but it's just indicate the demand for glove will never end. Vaccine? Until now vaccine just used by Trump for his campaign only. In Brazil and India, do you know how many new cases daily? 90k daily.
MYX:CAREPLSLong
by aimit
MMAG - are we expecting rebound now?-It has been 7 consecutive days of lower lows for MMAG. -Next support at 665. -OBV at 200mil, the lowest since Sep 2019, indicating high selling pressure -it all started with some market correction, profit taking and announcement by politician to form new government -on positive notes, current PM already secure support from Sabah poll - so impact of politic instability will vanish soon -MMAG in news highlight such as job with ECRL, e-wallet JV with Green Packet and takeover of Bestinet - these all positive news -technically there is no sign of trend reversal just yet, it will remain bearish until further indications otherwise
MYX:MMAG
by aimit
CAREPLS - what number are we expecting?An attempt for 2W forecast, assuming nothing funny happen in between. The best price we have witnessed so far is 5.83, and our recent close is 2.51. Considering weekly ATR at 0.70, should we expect 3.20 for next Friday, and then 3.90 for the next. Thats for the whole 2 weeks. 5.83 or better again? Might not be so soon. Anyway we are still battling Covid19 and the demand for gloves is still increasing (check recent interview with TopGlove boss, they are expecting solid return until end 2021 at minimum). A lot of companies now jump in to gloves business because they know there is potential for better gain.
MYX:CAREPLSLong
by aimit
1
SCOMNET - watch thisMYX:SCOMNET price has been growing about 500% since March 2020. It is a technology based company, providing supplies in medical products. The trend line is very consistent as a result of increase of demand in medical supplies. June: www.theedgemarkets.com "Supercomnet’s main customers comprise New York Stock Exchange-listed Edwards Lifesciences Corp and Denmark-based Ambu, both of which have signed long-term agreements with the company." Long term contract, we are expecting business deal as long as 3, 5 or maybe 10 years. July: www.theedgemarkets.com "Among the critical medical devices, the group said, are disposable bronchoscopes, which are used in the first line of lung treatment for patients with suspected or confirmed Covid-19 infections, and the critical care monitoring cable that is presently being used for Covid-19 patients in the intensive care unit." Well we know global Covid19 situation is not getting better: www.thestar.com.my -25mil infection -825k death I will watch for pullback at 1.81 or 1.75 then it's good to go.
MYX:SCOMNETLong
by aimit