Last week, tech and energy stocks successfully rebounded more than 10%. If you’re a trader, it’s important to start planning your profit-taking strategy for this rebound. How to Determine Profit-Taking Targets? Let’s take GREATEC as an example. I use reverse Fibonacci retracement by pulling from the lowest price to the previous peak to estimate potential resistance levels. Based on this method: 🔹 This gives me a profit-taking target of RM 1.85. How to Execute the Profit-Taki...
The market is going through a major pullback, with many fundamentally strong stocks dropping 20%-50%. My portfolio has also taken a hit, but I don’t believe this is a bear market—there’s no major crisis like war, pandemic, or great recession triggering a long-term downturn. Take tech stocks as an example. While Nasdaq’s drop has impacted the sector, a stock’s value cannot fall endlessly just due to macroeconomic pressure. At some point, value emerges. That’s why I plan to ho...
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Victor Van Doom
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i sold all greatec when price at 2.4… i dont see any recovery in short mid term…
Victor Van Doom
103596645
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i would wait and see if can reach around rm1… so many uncertainty to tech stocks and trump’s era has just begun… too many uncertainty…
If you're looking for a solid tech stock to invest in this year, MClean Technologies Berhad (KLSE: MCLEAN) should be on your radar. The company has been making big moves to grow its business and improve its financial performance, making it a strong contender for 2025. Recently, MClean acquired We Total Engineering Sdn Bhd (WTE) for RM6.04 million. This purchase helps MClean expand into plastic injection moulding, allowing it to serve in...
$DUFU (7233.MY)$ These past few days, Ive noticed very strong buying interest (bids) at lower prices, which has caused this counter stock price to sink drastically—possibly due to short-selling activity by some traders, likely acting in a group. They might be planning to buy back the stock at a lower price to gain profit from us. The company's QR report was just announced l...
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
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How to Determine Profit-Taking Targets?
Let’s take GREATEC as an example. I use reverse Fibonacci retracement by pulling from the lowest price to the previous peak to estimate potential resistance levels. Based on this method:
🔹 This gives me a profit-taking target of RM 1.85.
How to Execute the Profit-Taki...
Take tech stocks as an example. While Nasdaq’s drop has impacted the sector, a stock’s value cannot fall endlessly just due to macroeconomic pressure. At some point, value emerges. That’s why I plan to ho...
Recently, MClean acquired We Total Engineering Sdn Bhd (WTE) for RM6.04 million. This purchase helps MClean expand into plastic injection moulding, allowing it to serve in...
These past few days, Ive noticed very strong buying interest (bids) at lower prices, which has caused this counter stock price to sink drastically—possibly due to short-selling activity by some traders, likely acting in a group. They might be planning to buy back the stock at a lower price to gain profit from us. The company's QR report was just announced l...
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