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TOP 2 MARKET THEMES/ SECTORS TO WATCH:

1. Oil & Gas
2. Plantation

OIL & GAS

1. HIBISCUS PETROLEUM BHD (HIBISCS, 5199)

CURRENT PRICE (CP) = RM0.675;
RESISTANCE (R1, R2) = RM0.705, RM0.715;
SUPPORT (S1) = UPTREND LINE;
NOTE:
BUY WHEN SHARE PRICE BREAKOUT FROM RM 0.715 (DO NOT CHASE AFTER BREAKOUT) AND MAKE SURE THE SHARE PRICE TEST THIS LEVEL MULTIPLE TIMES.
SET YOUR TARGET PRICE OR TAKE PROFIT AT ANY PRICE ABOVE RM 1.00 [RM 0.24+(RM 0.715-RM 0.24)*161.8].
IT IS RECOMMENDABLE TO HOLD FOR A LONG TERM IF YOU WISH TO DO SO, THE CHOICE IS UP TO YOU.

2. DIALOG GROUP BHD (DIALOG, 7277)

CP = RM 3.56;
R1, R2 = RM 3.65, RM 3.99;
S = RM 3.52
NOTE:
BUY WHEN CLOSE TO OR TOUCH THE LOWER UPTREND LINE, SELL WHEN CLOSE TO OR TOUCH THE UPPER CHANNEL LINE.
IT IS RECOMMANDLE TO BUY AND HOLD, INSTEAD OF PROFIT FROM PRICE CHANGES OR "SWINGS", GOOD TO HOLD FOR A LONG TERM IF YOU WISH TO DO SO, AND I FORESEE NEW HIGH IS ACHIEVEABLE, ANYHOW THE CHOICE IS UP TO YOU.

3. SERBA DINAMIK HOLDINGS BHD (SERBADK, 5279)

CP = RM 1.62
R1, R2 = RM 1.89/ RM 2.16
S = RM 1.62
NOTE:
SERBA DINAMIK HAS BEEN A LAGGARD AGAINST OTHER OIL & GAS COUNTERS EVEN THOUGH THE GLOBAL STOCK MARKET REBOUND SINCE THE LOW OF MARCH 23 (THE START OF A NEW BULL MARKET OR MERELY A DEAD CAT BOUNCE?). THE MAIN REASON WHY SERBADK WAS LAGGING BEHIND OTHERS WAS DUE TO CHANGES IN BOARD MEMBERS AND EQUITY EXCHANGING, THIS CORPORATE EVENT WAS STARTED SINCE MAY 2020 AND EXPECT TO END BEFORE JUNE 2020 OR THE FIRST WEEK OF JULY 2020. DO NOTE THAT, JULY 2 IS ALSO SERBADK'S AGM.
THE SHARE PRICE WILL SKYROCKET AFTER ALL THESE EVENTS COMPLETELY DONE. THERE ARE MANY NEWS HAVEN'T FACTORED IN.
4. DAYANG ENTERPRISE HOLDINGS BHD (DAYANG, 5141)

CP = RM 1.31
R1, R2 = RM 1.48, RM 1.52
S = RM 1.22
NOTE:
DAYANG HAD JUST BREAKOUT FROM MINOR DOWNTREND, IT MIGHT MOVE BACK TO LOWER UPPER TRENDLINE OR HIGHER. IT IS ADVISE TO APPLY "WAIT AND SEE" STRATEGY WHETHER IT STAYS ABOVE AND SUPPORTED WELL BY THE LOWER UPPER TRENDLINE OR BUY UPON BREAKOUT AT RM 1.52.
DAYANG IS AN O&G COMPANY AND IT IS ALSO RELATED TO SARAWAK AND ONE OF THE COUNTERS THAT BENEFITS FROM SARAWAK ELECTION. THERE MIGHT BE A "DOUBLE BOOST OR DOUBLE-TURBO" WHEN THE OIL PRICE MOVE HIGHER AND THE SARAWAK STATE ELECTION IS AROUND THE CORNER.

PLANTATION
1. BOUSTEAD PLANTATIONS BHD (BPLANT,5254)
CP = RM 0.385
R1, R2 = RM 0.425, RM 0.560
S = RM 0.380
NOTE:
DO CALCULATE THE RISK AND REWARDS WHEN YOU BUY BPLANT, MOST OF THE TIME PLANTATION COUNTERS WAS HIGHLY AFFECTED BY FCPO PRICES. PLEASE DO NOT CHASE HIGH, TRY TO BUY AT PULLBACK AND SELL WHEN FCPO PRICE SKYROCKETED.


Disclaimer: Analysis shared here is purely for educational & learning purpose, it does not induce any intention to purchase or sell. Further action or execution shall be consulted via experts. Trade at your own risk.

If you have any doubt, do email me at patrick.thebull178@gmail.com.

https://klse.i3investor.com/blogs/TheBullCapital/2020-06-21-story-h1508902330-The_Bull_Capital_Trading_Stock_Ideas_21_6_2020.jsp

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