MC Chong's comment on ALPHA. All Comments

MC Chong
2 Like · Reply
After hitting its 52-week high back in October 2024, the stock has been sliding in a persistent downtrend. Just last week, it attempted to break above this trendline, but the push wasn't strong enough, and shows a pulled back. However, things turned interesting last Friday, where it closed with a hammer candlestick, often a sign of reversal, alongside a move above both the 20- and 50-day EMAs. What makes it more compelling is the surge in buying volume, the highest recorded since November 2024.

Entry - RM0.280 - RM0.290
Stop Loss - RM0.265
Target Price - RM0.300 - RM0.325
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Martin Beh
I think is ok to go with tighter stop loss
Like · 6 days · translate
Vallidevani Tugan
Great technical outlook from PIBB. I think Mercury has the same technical outlook for this company as PIBB too
Like · 5 days · translate