The Record Marathon WIN streak : The prelude & it begins! [ 29 July 2020 till 7 Aug 2020]

 The M'sian market was beginning to heat up after the Covid crash of March that year as many people took advantage of the moratorium on property & car loan repayments to funnel those unencumbered funds to speculation on the market.

My win streak could have begun much earlier as trading gains began rolling in in earnest in May after a 2-month layoff: Hexza was partially sold on 4th & 5th May, followed by the unfortunately-timed exit of Nylex on 6th May followed by another hiatus as the market consolidated before LC Titan entered the scoreboard for a small gain after 7 months on 29th May, continued by Kenanga on 1st Jun, an intra-day trade on call warrants of Genting, then TA Enterprise & a Rubberex/Acoustech/Tek Seng hat3rick from the 3rd-5th respectively:

The following week saw no sale on Monday but resumed with a double OKA/Global Oriental win on Tue the 9th, followed by Success Transformer & a Bank of East Asia[bought in Dec '19]/Inari Amertron double on 11th Jun, the mini run continued by both PNE PCB & its warrant on the 12-15th into the next week which ended early on Thursday 18th with a win on Edaran:

The week of 22-26 Jun saw the sole contribution of EngTex via a T+2 contra trade on Fri as I concluded a weeklong trip to KL to meet up with AGM friends & to use up soon-to-expire vouchers from YTL companies which would turn out to be the last ones they issued till now. The next week was no better with another solo contribution from Prestar Resources on 2nd Jul:

By this time, my focus was almost solely on AHB, formerly Artwright, as I was convinced it would rise sharply soon, almost wholly based on precedent chart patterns and to that end was buying continuously to average down my old trapped margined shares from 2019 but still managed to give a good account of the entire following week with  Malakoff, Yilai, Saudee, KUB & Mesiniaga respectively:

The next week saw only 2 earning days from free shares of CRG [14th Jul] & my last shares in PNE PCB [15th Jul] respectively, with a one up improvement on 3 consecutive days the following week, thanks to Amtel, a Pharmaniaga/Apex Equity double & a 24-hour Boustead Holdings trade from 21-23 Jul:

The general market was heating up nicely with volumes increasing notably as rising prices on an increasing % of stocks drew in more & more buyers drawn by the lure of short-term profit. AHB began to stir to life after some fake weakness conjured by the accumulating syndicate, rising from 7.5c to 10c. Jeweler Tomei was sold on 27th Jul & after a Wednesday hiatus, Seal & ISDN closed out the week: the former commencing, on hindsight, a gargantuan streak that lasts till today 49 months later! Friday 31st Jul was a local holiday so it didn't count:

The following week, the first in August witnessed the most unbelievable volumes traded on Bursa M'sia, peaking at over 27 billion shares traded on 7th August! I contributed to this with a rare 5-stock day in a memorable week that began with an unfortunate early exit on Chin Hin[3rd Aug] then continued with 3 consecutive doubles of LKL[+1,058%!]/Karex[limit up!], Solution/JCY & Jerasia/SM Capital on 4th-6th Aug respectively, culminating in the MUI Properties/Wong Eng/ SM Capital/ Solution/ SMRT score aforementioned on Friday:

The closeout trade on Jerasia was particularly satisfying as a heavily loss-making long position above 83c since '16 was exited virtually AT the LIMIT-UP price of 93c which I predicted online would be attained! The company subsequently went bankrupt due to its huge debt which compelled my complete exit in the first place!

Next instalment: AHB: the echo of my '17 Sino Hua-An jackpot & saviour of 2020

Is Notion VTec technically ripe for a rebound?

The TD Sequential trend exhaustion count seems to indicate that the turning point is near/here & the weekly chart shows that the price has resistance-turned-support at its 2007 / 2017 / 2020 peaks.

Take note that there is no adverse news regarding the co. thus far & this flash analysis does not preclude further drops to the 51.5c to 58.5c support band which will likely take place next year or sooner after the aforementioned rebound to a target of 99.5c followed by $1.19 with a 45% probability! 

There is some suspected hanky panky with the free warrants issued recently & also the millions of ESOS shares issued at much lower than current prices, as is typical of 3rd world Malaysian syndicate shenanigans, engineering the spectacular rise from the 40c range to above $2.40 to enable warrant holders to convert &  together with employees, unload millions of shares for a profit!

*** Disclaimer : This is not intended as a recommendation to buy or sell. Any action taken is the full responsibility of the reader & we are not liable for any loss arising therefrom.

 

Bonus: Giant pennant in Sa Sa:

Inflation cycles in history & in Japan since 1970, Tin in 1976 + Outlandish? 6-figure forecast for Nikkei!

 

Some recommendations made in late 2020 [& a pair of index analyses caught off-guard by the pandemic]