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BINTAI

BINTAI KINDEN CORPORATIONMy view on BINTAI: 1) Im looking to enter in the Cyan zone. 2) My entry is upon bullish reversal of Stochastic indicator in M15 timeframe. 3) My targeted profit zone is around 0.740. BINTAI Fundamental overview: Share prices of both Yong Tai and Bintai Kinden have skyrocketed since announcing their respective vaccine distribution ventures last year. Bintai Kinden's stock performance has been even more impressive, having jumped over 505% from 11 sen a year ago to 66.5 sen today. However, from its recent closing peak of RM1.39 on Dec 7, 2020, it has fallen about 51%. Prior to the announcement of its vaccine venture, the stock had been trading below 20 sen for three years. Interestingly, Bintai Kinden's largest and second largest shareholders dumped the company's shares in December — four months after the August announcement of Bintai Kinden's venture into the healthcare business. Its second largest shareholder Nusankota Development Sdn Bhd sold its entire stake of 50.03 million shares or 14.4% interest in the company in the open market on Dec 16, 2020. On the same day, Bintai Kinden's largest shareholder, Bintai Holdings (M) Sdn Bhd, sold 28.5 million shares or a 8.14% stake in the group, which reduced its shareholding to 31.69 million shares or 9.05%.
MYX:BINTAILong
by AMianz
BINTAI - found 61.8% support?After making a successful 52WH, the stock has pullback for quite a while with at least 2 dead cat bounce. And the price seems steady at 61.8% support (0.625) for few candles now. We also observed lower volume during pullback, indicates only few seller are selling their shares. Only time will tell when the buyer will start to take control. Best is to wait reversal in H1 timeframe and exit early. R: 0.675 S: 0.575 Speed: Fast with 248M shares float (71% of 350M shares) Sentimen: Bullish Pharma sector 2021 - vaccine TAYOR
MYX:BINTAILong
by sothye
6
HWGB-WD: Sectoral Tailwind to Push Back Price to .815 levelMYX:HWGB-WD is poised to retest its .815 retracement level after successfully broken the downtrend resistance. It has also succesfully bounced from the RBS and now is ready to fly to the next roof. Currently its mother trades just shy below RM1 while its peers like MYX:SOLUTN and MYX:BINTAI had already broken past RM1 and maintain above that level. We could potentially see HWGB to follow suit as early as this week. DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors coupled with just a little or totally nonexistent fundamentals. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
HLong
by mdzulfid
Bintai - is sky the limit ?Bintai formed an Ascending Trending Triangle pattern, waiting for breakout strong resistance near 0.75 region. Would 1st October "history repeat itself"? There a still a long way to go with current Covid 19-Vaccine sentiment, but upside potential is worth the risk. (RRR 1:6) EP 0.65 TP1 0.74 TP2 0.825 TP3 0.940 TP4 1.120 SL: 0.57 RRR: 1:6 TAYOR guys ! p/s: I'm no expert, only a newbie trader practicing my understanding on trading. Please help guide me to the correct path if you see any room for improvement. Thanks everyone.
MYX:BINTAILong
by sothye
2