M+ Wiz – Capturing some decent trends outside of gloves stocks
From the way investors and traders are trading the stocks on Bursa Malaysia, we noticed healthcare specifically the gloves heavyweights are the one making strong and significant moves on the market. However, the objective of our M+ Wiz is to provide some alternative opportunities for the retailers.
In our M+ Wiz list picks for the last 5 trading days, M+ Wiz has picked up good trading opportunities and there are certainly some good moves to ride along after they are being alerted by the machine.
Here are some examples that were triggered by M+ Wiz today.
SERNKOU – Under furniture theme and being triggered around
Source: M+ Wiz
ESCERAM – Glove-proxy on a breakout after a decent consolidation
Source: M+ Wiz
DNONCE – Being viewed as essentials (related to healthcare and high tech packaging)
Source: M+ Wiz
We will continue to monitor M+ Wiz and do several fine tunings (if needed), but for now it is serving its objective (to alert us for any opportunities) and manage to pinpoint decent timing for entries.
Again, we highlight that these examples above are not a suggestion for a BUY or a SELL recommendation and it is more for a case study reference material for the future.
Nevertheless, the idea of M+ Wiz is to mitigate the emotional risk and provide a decent confidence level to enjoy the trading journey and to be capable of selecting potential winning stocks on a daily basis.
Say cheese to M+ Wiz in another few more days! Stay tuned
