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Steel sectors are heating up

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Undeniably, the Bursa Exchange has been on a positive rally in November and until last week amid the ongoing window-dressing activities. However, the broader market was spooked by news on the upliftment of Regulated Short Selling ban by 1st Jan 2021. With that, investors were trimming down their position ahead of this upliftment, resulting in a negatively skewed market overall.  

Nevertheless, we believe there are selected stocks that are available for us to trade. After the tender news on the RM4bn Rasau water treatment plant surfaced last week, we have positioned ourselves for building materials and construction related stocks. That gave us some potential trades today after we have put in SSTEEL and ANNJOO into our list and let the M+ Wiz to trigger us the entry. 

ANNJOO – Triggered around RM1.20-1.25

Source: M+ Wiz

SSTEEL – Triggered at the start of the market open around RM0.72-0.745

Source: M+ Wiz

Do note that the example above is not a recommendation for buying and selling purposes, please take advice from your brokers before making any important decisions in the market. 

Some other entries that M+ Wiz have triggered us are FPI and D&O. Do follow our M+ Wiz highlights webinar every Monday at 1230pm. To stay up to date with us, like and follow us on facebook at M+ Online

M+ Wiz – A tool for systematic trigger.

Final day of November, what have you traded?

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The Bursa Exchange has been quite volatile last week and the FBM KLCI has turned negative at the time of writing going into the final day of the reporting season. Although the market was slightly negative, things are going well for our Daily Pick list. In our daily list, some of the stocks that have triggered as early during the start of the trading session. 

One of the stocks under our list is TNLOGIS. We found this stock to be one of the potential beneficiaries of the vaccine theme as Malaysia’s government has agreed to get Pfizer’s ultra cold vaccine and TNLOGIS has the cold chain facilities. Technically, TNLOGIS has consolidated over the past 3 trading days before breaking out today above RM0.775. With the vaccine news flow likely to persist over the next few weeks, TNLOGIS should trend higher, potential resistance will be located around RM0.92-1.00. Support is at RM0.775.

TNLOGIS – A clear breakout above RM0.775

Source: M+ Wiz

Do note that the example above is not a recommendation for buying and selling purposes, please take advice from your brokers before making any important decisions in the market. 

Do follow our M+ Wiz highlights webinar every Monday at 1230pm. To stay up to date with us, like and follow us on facebook at M+ Online

M+ Wiz – Improve your trading day by day!

Another option to spot for decent entries

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We have been always selecting stocks on the Bursa Exchange for our Daily Pick list, but what if the counter was not triggered during the day. The counter will flow into the Traders List and will be there for another 5 days and let the system trigger an alert for us (if the chart formation allows). 

Why do we want to let the stock be in the system for another 5 more days? 

This is because not all the stocks being chosen will perform during that particular day, thus it may be triggered in the following 5 days due to the ongoing trading activities on those stocks that we have picked. 

Let us show you one of the counters that we have put in on 17th of November – APPASIA

APPASIA did not really trend strongly on that particular day we put in, but managed to trend higher on 23rd of November. It has traded from the opening price of RM0.65 to the intra-day high of RM0.71, which is considered as a decent trading range. 


APPASIA – Being triggered at 9am in the morning

Source: M+ Wiz

Given the above scenario, it is important to note that our Traders List is quite handy to watch out for breakout moves in some of the stocks we have input in M+ Wiz. 

Again, we emphasize that the examples above are not a recommendation for buying and selling purposes, please take advice from your brokers to get a clearer picture of the market before making any important decisions in the market. 

Do follow our M+ Wiz highlights webinar every Monday at 1230pm. To stay up to date with us, like and follow us on facebook at M+ Online

M+ Wiz – Creating your trading journey with us.

Market down, but M+ Wiz positive

After a euphoric buying on the FBM KLCI members, pushing the key index more than 3% in a single day, the key index has taken a beating on the back of profit taking activities. Meanwhile, on the Bursa Exchange, the broader market was fairly mixed.

There was several news that triggered the volatility in the market and the vaccine hopes soared when Pfizer-Biontech vaccine candidate was found to be more than 90% effective in preventing COVID-19 in participants without evidence of prior SARS-CoV-2 infection in the first interim efficacy analysis.


So most of the market players were rotating from healthcare into the recovery themes such as aviation, leisure and banking related sectors. 

So what is good in our list after the euphoric buying?

First of all, the market turned negative amid profit taking activities. However, what we have selected for M+ Wiz list was with a good recovery theme in it as well as some sectors with earnings certainty. Our picks are KGB, THPLANT, CARIMIN, DAYANG, MMCCORP and HEXTAR. 

At this moment of writing, only 3 got triggered with a buying alert. So we will post some of the examples in this blog post for your reference. 

MMCCORP – Continued to breakout of its recent high after a steady momentumSource: M+ Wiz

THPLANT – Triggered after a flag formation breakout

Source: M+ Wiz

KGB – Triggered near RM1.40, highest point hit was RM1.61 (at the time of writing)

Source: M+ Wiz

Although the market was negative, with the M+ Wiz Pro tool you will be able to trade like a wizard, reading the market trend with a snap of the finger. 

Again, we emphasize that the examples above are not a recommendation for buying and selling purposes, please take advice from your brokers to get a clearer picture of the market before making any important decisions in the market. 

Do follow our M+ Wiz highlights webinar every Monday at 1230pm. To stay up to date with us, like and follow us on facebook at M+ Online

M+ Wiz – The tool to filter the market REAL-TIME!

Selling continues on the broader market

On Bursa Exchange, it has been fairly negative as market players continue to sell off on several heavyweights last week. Despite the higher Covid-19 confirmed cases globally on a daily basis, selling pressure continues to mount on healthcare stocks especially the glove segment and this has contributed to the negative broad market sentiment. Besides, Apple and Amazon’s forward guidance seems to be on the weaker tone; resulting in selldown across technology stocks. 


Another factor could be the listing of Ant Group, which is the largest IPO after the previous Saudi Aramco IPO. To recap, prior to Saudi Aramco, the biggest IPO back then with nearly 3 times of oversubscription went for listing, S&P500 dipped from peak to trough near to 3%. We think this is due to market players cashing out their exposure in the market to get a piece of Saudi Aramco on the listing day itself.

For Ant Group, it is oversubscribed more than 870 times and in our view we think the euphoria moment is there for market players to reduce most of their exposure in the market to get a piece of Ant Group to trade on listing date this week. Nevertheless, this is just our assumption on the recent negative sentiment on the broader market. 

What was triggered in our M+ Wiz list today? 

Although the sentiment is weaker than expected, we noticed there is a strong sector outperforming the market since last week; the Transportation and Logistic sector. We opine that the improved trading interest within this sector was due to MCMC putting on hold the issuance of courier service license for the next 2 years. Besides, the upcoming global shopping festival, Singles’ Day (11.11) and Double 12 should also boost shipping orders higher over the near term. 

We have then put in counters such as CJCEN and GDEX today.

So we will post some of the examples in this blog post for your reference. 

CJCEN – Triggered at the start of the trading day

Source: M+ Wiz

GDEX – Signal was alerted at 9.01am

Source: M+ Wiz

We would like to emphasize that the examples above are not a recommendation for buying and selling purposes, please take advice from your brokers to get a clearer picture of the market before making any important decisions in the market. 

Please tune in later for our M+ Wiz highlights webinar at 1230pm. To stay up to date with us, like and follow us on facebook at M+ Online

M+ Wiz – A way to emotionless and effective trading journey 

Bloodbath yesterday do we have any signals?

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M+ Wiz – Bloodbath yesterday do we have any signals?

M+ Wiz is designed to take any important breakouts or dips in the market. However, if the condition is not favourable then it will not prompt us any opportunities to enter. 

Just to recap, Bursa Exchange was affected by the political developments recently and spooked by the speculation on the State of Emergency to be declared over the weekend. On this matter, Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has announced that there is no need to enforce a state of emergency in any part of the country. Although it has appeased the market’s emotion at that moment, the political developments continue to cloud the market tone on Monday.

We noticed the bloodbath expedited by increasing selling pressure as soon as the market opened on Monday, resulting in a big hit in traders portfolio. Market breadth was negative throughout the day until some reprieve buying support on the last minute trading activities.

What was triggered in our M+ Wiz list yesterday? 

Out of 6 counters, there are only 2 being triggered. ELSOFT in the first session and PCHEM during the last 30 minutes were flashed in our M+ Wiz. However, today we have a whole set of new components (8 of them) in our list and it has triggered us several good entries for those stocks. 

We have to say we are pretty happy with it has triggered us mechanically since 9am in the morning. We have POHUAT, MGRC, LCTITAN, GOODWAY and BOILERM being flashed in our alerts sidebar today. 

So we will post some of the examples in this blog post for your reference. 

BOILERM – Triggered on the breakout move around 68sen

Source: M+ Wiz

MGRC – Breaking above RM0.585 and signalled us an entry

Source: M+ Wiz

POHUAT – Gapped up around RM1.83 and standing above this range for now

Source: M+ Wiz

These are some of the signals on our M+ Wiz side alert. We encourage you to try out the M+ Wiz Lite to get a feel of what the M+ Wiz Pro could potentially assist you in the future. Till then, stay safe and stay rational in the market by using M+ Wiz.  

We would like to emphasize that the examples above are not a recommendation for buying and selling purposes, please take advice from your brokers to get a clearer picture of the market before making any important decisions in the market. 

M+ Wiz – tool to embrace the winter. 

Is the market too challenging for you?

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Why is having a tool important for trading? 

Why did we build this system? 

We always find that there is a gap on Bursa Exchange, where traders want to trade but they are lacking tools, especially the real-time alert that can screen through the whole universe in Bursa Malaysia and provide them with a mechanical system. 

M+ Wiz is a real-time alert system that can alert traders based on our input strategy. These strategies (currently 8) have been back-tested by us (for nearly 2 years) and we have a good healthy track record (forward testing) of around 55 trading days, which has garnered us near to 30-50%* (virtual portfolio which the entry is based on the trigger of the real-time alert and exit by end of the day).

* The gains are excluding brokerage charges, stamp duty and clearing fees.

However, we would like to put a disclaimer here that, “the historical track record may not represent future outcomes”. Nevertheless, we are quite confident that if the strategy is not working anymore then we will try to adapt and improve the strategies moving forward.

Overall (after testing for 55 days live in our virtual portfolio), we have some positive days near to 56%, while positive trades just slightly above 50%. You must be asking why the virtual portfolio could stand out so well at above 30% returns?

That is because our team will handpick the stocks daily, based on thematic or technical analysis. Although stock picking may have a certain bias view in it, the chart patterns or technical analysis has proven that it has been able to select the winning stocks and leave out the bad apples (at least until this juncture). 

How do you get the system?

Next, you will be asking how you can subscribe to this? Before going into M+ Wiz pro, you may go try it yourself by using M+ Wiz Lite, which traders could use 1 out of the 8 strategies that we have input and experience the functionality and usefulness of the system; there is always a saying, “seeing is believing”. 

Once you try M+ Wiz, you never go back. 

We believe in the system and we believe you as a trader will like real-time alerts being triggered in front of you, providing trading ideas in your trading journey. We want you to experience the exclusivity of seeing a system that allows you to feel the market tone by monitoring how stocks are being triggered throughout the day. 

Before we end this post, we would like to share with you one of our picks on the M+ Wiz list today. We have selected stocks from the technology segment; PENTA and FRONTKN are part of the list today. 

PENTA – Uptrend intact with potential breakout of the flag pattern

Source: M+ Wiz

FRONTKN – Poise for sideways consolidation breakout

Source: M+ Wiz

We will use M+ Wiz as a system to trigger the signals for us. However, However, we certainly recommend traders to put a stop limit to protect your capital just in case the market turns against your trades

M+ Wiz – the perfect tool for traders!

Healthcare Stocks Back in Action

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We noted that last week was not a good week for healthcare stocks as they underwent some consolidation phase, but it gives us the opportunity to look out for the breakout formation in the near term (as they are still in the uptrend intact position). Bursa Exchange was also mixed with the laggards and leaders being on a neutral tone. 

Based on our findings that momentum on healthcare stocks are generally positive, we have put in several stocks under the healthcare theme since last week, such as CAREPLS, HEXZA, TEKSENG, RUBEREX, and etc… 

RUBEREX – M+ Wiz has triggered us this morningSource: M+ Wiz

LUXCHEM – Signalled us at the start of the day, flag breakout for nowSource: M+ Wiz

Both stocks above are the examples of a good setup based on M+ Wiz signals, we will continue to monitor throughout the day. We either wait for the system to alert us or you could wait for the breakout to buy into them after we have put the stocks into the list every morning. 

Plantation stocks could be emerging following the surge in CPO price

Beside having our stock selection revolving around healthcare stocks, we believe the next up and coming sector will be the plantation stocks as the FCPO price has shot up above RM3,000. It is likely to translate to trading interest amongst plantation stocks moving forward.

If you would like to know which plantation stocks that we will be featuring, stay tuned for our M+ Wiz highlights at 1230pm later. We will be on our FB live and share our thoughts on the market for that session. If you like our videos, remember to click “Like” and “Share” to your friends.

The above examples are not a suggestion for a BUY or a SELL recommendation and it is more for a case study reference material for the future. 

We use M+ Wiz as a system in order for traders to avoid trading based on emotions to perform better in the stock market. However, we certainly recommend traders to put a stop limit to protect your capital just in case the market turns against your trades

M+ Wiz – mitigating trading with emotions!

A good week for Plantation Stocks?

wiz-plantation-stocks

Shown in the figure below, we noticed the strong trend for the FCPO since the range of RM2795-2800 to above RM3000, closing at RM3080 last Friday and we believe this trend may still sustain over the near term, targeting RM3150 and longer term target will be set around the RM3400 level. With the firm trend in FCPO, traders would have noticed the buying support for plantation has grown in the past few trading days on Bursa Exchange. 

Source: Bloomberg

With the idea that higher FCPO price would translate into strong earnings for plantation counters moving forward, the plantation index (figure below) has breakout above the short term downward trendline and could be trading towards 7393 level, with the support located around 6978. 

Plantation index – Breakout above downward trendlineSource: M+ Wiz

Hence, we have handpicked several counters under the plantation sector for M+ Wiz to trigger us the alert for entry since last week. Some of the stocks mentioned in our M+ Wiz include KMLOONG, SOP, HARNLEN, RSAWIT, FGV, IJMPLNT, INNO and CBIP (plantation related). 

For today, it has been decent as buying interest on plantation stocks remains sturdy and FCPO trades around RM3080-3100 range at the start of the futures market. With that, we believe that will lift the broad plantation stocks at least for the rest of the week. 

M+ Wiz alerts for this morning

INNO – Triggered around RM1.13, hitting the intra-day high at RM1.19.Source: M+ Wiz

IJMPLNT – Triggered around RM1.90, hitting the intra-day high at RM1.92.

Source: M+ Wiz

CEPAT – Triggered around RM0.68, hitting the intra-day high at RM0.70.

Source: M+ Wiz

M+ Wiz is a system to avoid trading based on emotions, assisting traders to perform better in the market. We reckon traders to put a stop limit and protect your capital just in case the market turns against us. 

Stay tuned for the M+ Wiz highlights every Monday at 12:30pm, we will be on our FB live and share our thoughts on the market for that session. If you like our videos, remember to click “Like” and “Share” to your friends.

We would like to 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. 

Creating wealth using M+ Wiz!

Soft landing after a choppy trading week

Throughout the week, we believe those that follow us on M+ Wiz may face some challenges entering and exiting your position due to the negative market forces that continue to selldown stock market. The selling was rampant across the board and healthcare segment to a big hit last week, down11%, while technology stocks fell 5.5%.

Our virtual portfolio was down in the middle of the week, but managed to recover on Friday, lifted by one of the hospitality stocks, MERIDIAN. Overall it was up by 4.22% (excluding brokerage, stamp duty and clearing fees). 

Source: M+ Wiz list triggered stocks 

To be aggressive or To stay neutral?

Now, we believe most of the charts have turned better due to sharp selldown and rebounded last Friday. Hence, traders will be asking whether we should go aggressive to accumulate or trade the rebound only.

I will just provide some technical analysis on FBM ACE and FBM Small Cap Index for your reference.

FBM Small Cap – Violated below the symmetrical band and rebound into the triangle

Despite the earlier selldown below the lower band of the symmetrical triangle formation, it has rebounded off the SMA200 and back into the triangle pattern. Based on the information, we believe there is still some room for the current rebound, next resistance will be at 14,000-14,400.

FBM ACE – Supported along 9,467 and formed a bullish engulfing bar

Following the bearish engulfing candle formed on 3rd of Sept, the ACE index has taken some negative moments until Friday’s closing. It then formed a bullish bar along 9,467 level. This suggests that there could be some rebound over the near term. Should it revisited 11,364 and breaches above this level, the uptrend will be intact at least to 12,000-12,500 levels. 

Thus, based on the above two small cap and lower liner index, the chances of making good profits will be seen over this week, at least. 

Nevertheless, we will continue to cherry pick stocks from the universe and let M+ Wiz system to alert us on the entry. We will strictly follow the rules on M+ Wiz and trade accordingly. This week we have put in some healthcare-related (PPE and glove proxies) stocks such as COMFORT, HLT, NOTION, LUXCHEM. Meanwhile, other stocks include DESTINI and INARI. 

M+ Wiz is a system to avoid trading based on emotions, assisting traders to perform better in the market. We reckon traders to put a stop limit and protect your capital just in case the market turns against us. 

Stay tuned for M+ Wiz highlights every Monday at 12:30pm, we will turn on our FB live and share our thoughts on the market for that session. If you like our videos, remember to click “Like” and “Share” to your friends.

We would like to 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. 

M+ Wiz for the traders!

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