Gavin Chiu's comment on RENEUCO. All Comments

Gavin Chiu
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Good day everybody, hope trading is well so far, I had been monitoring KPOWER and his brother SCIB for few days and today shows signs of uptrend, not really confirmed yet, because we need to look at today's closing, but I am optimistic about its uptrend signal. And so, I had bought in shares to be a shareholder with you all. This company had been revived ever since the founder of SerbaDinamik took over and I was too late to join and witness its power :)), but I believe in KPOWER's immense potential to grow and prosper. Bought 10 lots at 2.68. Cheers and happy trading :))
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Lim Chee Meng
welcome on boat
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Nikki Tan
Welcome to our family
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Gavin Chiu
Thanks all for the warm welcome:)) Gogogo KPOWER !!
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Danny Then
don't forget to join scib as well dude
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Gavin Chiu
@ Danny, I analysed on the technical aspect for both KPOWER and SCIB, however, KPOWER seemed to have more room to grow with first resistant at 2.95, second one at 3.06. For near the same entry price, SCIB has relatively minimal growth percentage with resistant at 2.76. With my limited funds, I chose the former. Hope it clarifies :))
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Gavin Chiu
Close market update: KPOWER closed at 2.70, with a bullish inverted hammer, signalling an uptrend momentum(I may be wrong), but today's candle is a nice one. Congratulations to all who manage to grab the tickets around 2.6x ish !! There's gogo Power Rangers, but in KPOWER, we have gogo KPOWER!! Staying optimistic for today. Dated 15/7/2020 , 5:05pm
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1 Like · 4 years · translate
Gavin Chiu
Mid-Day market update, current candlestick pattern showed a bearish engulfing one, but still cannot determine if such holds true. However, it is highly likely that a bearish engulfing pattern candlestick will appear as per judged from the MACD and the force index. Give it time to fluctuate around the 2.5x range. Once it breaks the support of 2.50, I will cut my losses. Cheers and happy trading :))
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1 Like · 4 years · translate
Eugene Lim
Actually 1 lot is 100units or 1000units? Confuse haha
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Gavin Chiu
Hi Eugene , 1 lot is 100 units, 10 lots is 1000 units. Hope this clarifies :))
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Eugene Lim
Tqvm Gavin Chiu, may I know how about this counter? Can in or waiting split?
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Gavin Chiu
Hi Eugene, this counter has been fundamentally good ever since Dato Karim (Founder of SerbaDK) took over and it is still growing. However, currently I felt (I may be wrong and inaccurate )it’s not a good buy in point yet, I anticipate it to retrace a bit further before going higher. It’s support level is around 2.50 ish. So sorry because I can’t give a buy recommendation. Cheers and happy trading :))
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Eugene Lim
Haha tqvm... Will see see first
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Eugene Lim
This counter will be split share?
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Gavin Chiu
Yes Eugene, but they have not provided more details about it yet.
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Gavin Chiu
SCIB has started their momentum, Kpower may follow suit very soon ( I may be wrong) . Looking good for the moment !! Staying optimistic :)) cheers and happy trading !!
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Lim Chee Meng
go ...go ...go power ranger
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Cat Cat
engine just start.......
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Gavin Chiu
Morning Market Update : Kpower looking solid and trending higher, heading towards 2.90 ish level before testing its 3.06 resistance. Gogogogo
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Gavin Chiu
Hi Lim, Hi Lee, congratulations for holding KPOWER together, power rangers in the making :)) Cheers and happy trading
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Cat Cat
let's see can break 3.0 or not......
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Ivan Tham
Chiong KPower ??
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Gavin Chiu
I am actually glad if it can stay still at 2.85-2.90 ish range before heading higher. MACD also intersecting real soon :))
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Cat Cat
let's see the show...... cheers
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Gavin Chiu
Close market update : Added 10 more lots at 2.74, meanwhile I sold off my other 10 lots bought earlier at 2.68 to take some profits first. Today's closing candle may not be very ideal, and it may consolidate around the 2.70 - 2.90 ish range for some time before testing the first resistance at 2.95 (I may be wrong and inaccurate). Cheers and happy trading :))
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2 Like · 4 years · translate
Jayms VII
me added more at 2.67.
may next week can break 2.95
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Gavin Chiu
Welcome Jayms , hopefully too !! Still looking fine
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Lim Chee Meng
good entry price ..jayms vll
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Jayms VII
my average price is 2.62.
but i believe u all otai hold more lower price.. hehe
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Lim Chee Meng
Ha...ha...hope all an Huat together
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Gavin Chiu
Ended my journey on KPOWER. It was a fascinating one indeed :)) Happy trading to others :))
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Aiman Zakaria
got profit or no?
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Jayms VII
tomorrow fly.. lol
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Gavin Chiu
Hi Aiman, yes managed to make some thin nasi lemak profit, would switch to SCIB next, prospects looking good. Waiting for an ideal price to enter for SCIB, noticed that for the past few days, 2.85 has been a good support range :)) Cheers :)) And Jayms, yeap but no regrets even if it goes higher than my selling price because I had limited funds, due to mostly incurred into DUFU and PENTA. Cheers and happy trading to all :))
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2 Like · 4 years · translate
Jayms VII
goodluck sir. im just boarding in vstecs.
penta is a great counter. been there long time ago around 80cent & realised. miss those days.. haha
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Aiman Zakaria
i want to die dy waiting this one. luckly got teh tarik from Gunung. but still waiting for the lunch or dinner from here
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Lim Chee Meng
aiman .. how about your SCIB got KFC?
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Jayms VII
bro azman, support at 2.60.. what your average price?
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Aiman Zakaria
scib i got musang king...hahaha... my avg at 2.66...
1 Like · 4 years · translate
Gavin Chiu
Ye Jayms, I analysed their fundamentals and calculated both Penta's and DUFU's intrinsic value, my entry prices are at a steal price I would say, and both DUFU and Penta's bonus issue are relatively appealing to me. My entry price for Penta was at 5.85, DUFU at 6.18. :))
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