We talked about NE before IPO day and set target at RM 0.750! Look at where the price is at now ;)))

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?Trading Idea: Plytec Berhad

BUY/LONG: RM 0.360

SL: RM 0.280 (22.22%)

TP1: RM 0.420 (16.67%)

TP2: RM 0.450 (25.00%)

TP3: RM 0.475 (31.94%)

REASON: Plytec Berhad has formed a rounded bottom pattern, indicating a potential reversal and strength in upward momentum. The breakout above RM 0.360 shows strong buying interest, making this an optimal entry point for potential gains. The stock is approaching previous resistance levels, with Fibonacci retracement levels aligning with our take-profit targets.

Disclaimer: This analysis is for educational purposes and should not be construed as financial advice. Past performance is not indicative of future results. Always conduct your own research or consult with a licensed financial advisor before making any investment decisions. KachiFX is not responsible for any losses incurred from your trading activities.

This company is at the top of my list as one of the best plays for the upcoming year and beyond. With a strong growth trajectory aligned with the government’s focus on renewable energy and data centers, it’s a standout for long-term potential.

Solarvest Berhad ranks among Malaysia’s top five renewable energy companies and is backed by influential supporters, including the government and EPF, which has steadily increased its stake to 7.9% since last year. This level of support positions Solarvest well for securing additional quotas and expanding operations, reinforcing its role in the country’s renewable energy landscape.

Notably, the company’s strong insider backing adds further confidence. Atlantic Blue, owned by prominent businessman Chiau Beng Teik (who holds a substantial portfolio of listed companies), holds over 10% of Solarvest.

While keeping an eye on its progress, I see this company’s valuation potentially reaching a 5 billion MYR market cap within the next five years.

?Trading Idea: Solarvest Berhad

BUY/LONG: RM 1.64

SL: RM 1.30 (20.73%)

TP1: RM 1.90 (15.85%)

TP2: RM 2.20 (34.15%)

TP3: RM 2.59 (57.93%)

REASON: Solarvest Berhad is showing strong upward momentum, supported by both moving averages and a rounded bottom pattern, which often signals a reversal and long-term uptrend. The current breakout level around RM 1.64 offers an ideal entry point, with clear Fibonacci retracement levels aligning with our TP targets.

Disclaimer: This analysis is for educational purposes and should not be construed as financial advice. Past performance is not indicative of future results. Always conduct your own research or consult with a licensed financial advisor before making any investment decisions. KachiFX is not responsible for any losses incurred from your trading activities.

Major support ?

CLOUDPOINT GOOD FOR REENTRY? FIND us on Tele

According to our setup, our group has now completed both TPs and moving towards 0.505 and 0.530. Be ready for the steady uptrend!

Just as we said on our game plan, group entered at RM 1.800 and now its trading at RM 1.94. That’s a 7.78% return so far with TP1 achieved. Check out our tele for more analysis! :)

Group entered at 0.730 and price is now hovering at 0.780 that’s a 6.7%. TP1 will be achieved in. No time. Check out our game plan and also for more analysis on other stocks, check us out on tele. :)