For those that have been waiting for the gloves and healthcare stocks to rebound this week, most of them are ending with a smile. We believe our retailers that followed us throughout the M+ Wiz journey are capable of making some good trades too. Given our focus is not always in the glove segment, we have put in several stocks under different sectors for M+ Wiz to alert us.
Throughout the past few weeks, we have observed Lumber futures traded to all time high and firmly standing strong within that region. Meanwhile, we have seen some net buying moments from the foreign investors based on what we can gather from Bursa Malaysia’s website.
Lifted by the gloves segment on Tuesday, the broader market was trading higher as market players piled in more money into the stock markets, chasing yields for the near term. Hence, we believe there are trading opportunities within the small cap and ACE market stocks. Nevertheless, we will let M+ Wiz’s strategy to alert us on a real-time basis.
LUMBER Futures
Source: Investing.com
SERNKOU – Alerted at 9:19am and trended strongly higher
Source: M+ Wiz
TECHBND – Signal was triggered at 9.53am by M+ Wiz
Source: M+ Wiz
VSTECS – Forming a rebound move and it surge above the 8D SMA, alerted at 9:33am.
Source: M+ Wiz
Our strategies are providing traders a timely entry for most of the stocks, if it is turning against us, it is advisable to put a stop limit and protect your capital in order to move on for another stock opportunity in the future.
We will continue using M+ Wiz to monitor for opportunities and provide traders a more systematic approach for their trading journey.
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.
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