Instacom

johorphang

Mid-Day Review & Analysis 13 July

VIVOCOM is in bullish mode...

VIVOCOM rose in early trading on heavy investors buying spurred by the one-for-four bonus issue news.

Prices hit a high at 27.0 and ended the morning at 25.5 sen, unchanged from previously.

Volume jumped to its best in eight-days at 64.2 3 M shares.

Trades were centered at the 26.0-26.5 levels where 61.7 M shares changed books.

Heavy profit-taking selling occurred through out the morning session, but buyers aggressive buying managed easily to mop up all the impatient selling.

Based strictly on chart projection, VIVOCOM next upside price-target is seen at the 28.5-29.5 levels.

The Quantitative Algorithm signal is now on buy-mode and is suggesting that the bullish-rally would expand.

johorphang

End-Day Review & Analysis   13 July

VIVOCOM bullish price momentum sustainable...

VIVOCOM remained firm in the noon session and trended higher following a late wave of strong buying to close at a nineteen-day high of 27.0, up 1.5 sen from previously.

Today's large volume of 79.19 M shares was the highest last seen in mid-May 2016.

News of the bonus issue and general expectation of an attractive 2Q PAT number attracted many investors to jump back into the bandwagon.

Today's performances is technically viewed as a very constructive chart development.
And is considered as a classical case of price and volume breakout confirmation.

Prices closed at their 19-day and recovery-highs and volume surged to their three-month high today. (please  see chart).

Forward looking, prices are expected to move higher in a gradual manner to initially test the 28.5-29.5 levels.

When these overhead resistance are successfully vaulted, we are expecting prices to extend on its upward bullish momentum, perhaps to retest the 31.5-32.5 levels before the 2Q results.

The very reliable Quantitative Algorithm trend-tracker is now calling a screaming-buy, a clear indication that the   upward trend would persist.

johorphang

http://www.thestar.com.my/busine ... ivocom-bonus-issue/

johorphang

Mid-Day Review & Analysis 15 July

VIVOCOM traded in thin volume in the morning session with prices caught within the confines of yesterday's range of 27.0-26.0 sens and settled unchanged at 26.0 sens.

Total volume was low at 13.75 M shares.
Sellers appeared to be on the offensive due to weekend book-squaring activities, giving 54.2 % of total trades to buyers.

Much of the morning volume was centered at 26.5 sens where 11.45 M shares changed hands.
Volume  Distribution was quiet even with sellers giving 6.13 M shares to buyers and buyers took 5.31 M shares from sellers.

At this stage of the upward trend, there are some important technical developments that traders and investors need to monitor.

Volume over last one-and-a-half days has dropped drastically compared to the extremely high volume of  79.19 M shares of 13 July

This glaring technical setting  is actually telling us some very vital trading information if we take the trouble to look at it.

Since the news of the Bonus Issue, prices advanced with high volume. It was case of speculators taking small profits while the smart-money took the opposite side.

The present low-volume scenario is clear evidence that the short-term profit-taking has ended and now traders are not keen to sell in anticipation of higher values ahead of the Bonus Issue and 2Q results.

The Quantitative Algorithm signal remains in positive divergence and indicated the upward cycle is still very much intact.

johorphang

End-Day Review & Analysis 15 July

VIVOCOM rebounded from  an intra-day low of 25.5  following a small wave of liquidation selling and closed the week firm and unchanged at 26.0 sens.

Total volume for the day increased marginally to 32.58 M shares.

Overall volume distribution shows that sellers were the more aggressive lot, giving 67.8% of total trades to buyers.

Bulk of today's volume were done from 26.0-26.5 levels with a minor volume of 29.6 M shares.

Prices consolidation is expected to continue into early trading next week where the prospects of a price hike is probable.

The Quantitative Algorithm signal ended the week constructive and shows that the upward momentum is strong.

johorphang

AldenT

instacom gg 了吗?

johorphang

End-Day Review & Analysis 1 Aug 2016

VIVOCOM performed brilliantly following its price and volume break-out with an impressive upward-thrust to close the day at its rally-highs of 29.0, up 1.5 sens from previously.

Renewed buy-interests and bullish enthusiasm linked to ideas and market-talk that VIVOCOM prices are extremely under valued based on the improving fundamentals and technicals, helped stimulated fresh investors interests.

Today's volume of 69.09 M shares is the highest in eight days.

Volume Distribution analysis shows that  buyers were the aggressors today as they booked sellers on 63.3% of the total trades.

A higher-than-normal volume accompanied by an upward price break-out from its technical "descending- triangle' configuration is a very constructive development that calls for more advances in the coming sessions.

Today's close at the upper tail-end of the trading range  at 29.0 sen is a positive signal that all eager profit-taking selling volume were fully absorbed.

Traders may find it difficult to enter buying trades if they were to bargain too hard especially on this up and running stock.

In these kind of scenario, I would always book the sellers offer price.

The big-question confronting traders and investors now is this :

What's Next?

My technical crystal-ball is pointing to an immediate price-target at 34.5-35.5 levels for the very short-term.

In the intermediate term, the prospects of prices trending higher to re-test and punching above its historical-highs at the 37.0 sens and establish new historical-high are very real now. Pls see chart.

The very effective Quantitative Algorithm trading signal ended the day with its 'screaming-buy' call intact and suggested further price advances in sessions ahead.

Any student of market analysis would conclude after looking at the closing today that this bullish rally would sustain and expand.

Below 30c is still a safe bet!

QA on screaming buy mode

johorphang

Mid-Day Review & Analysis 2 Aug

VIVOCOM fluctuated on a wide 1.5 sen range and closed the morning at 28.0 off 1 sen from previously.

Light profit-taking selling and stale-long unwinding  aided in dampening the positive underlying.

Prices trended from
29.0 to 27.5 sen on a very low volume of 27.76 M shares.

Review of the volume distribution shows that trading was quiet balanced this morning with buyers taking sellers on 50.4% of the trades.

Technically, we are
witnessing a minor pause following yesterday volume and price breakout.

This situation would likely be short-lived before the fresh bullish momentum returns and lift prices off from  the 27.5-28.5 levels.

The Quantitative Algorithm is still in positive mode and indicated that the underlying strength of VIVOCOM is still intact,

johorphang

Quantitative Algorithm still constructive as today weaker sentiment just a temporary phenomenon n small retracement presents opportunity to collect.

VIVOCOM End-Day Review & Analysis
2 Aug
VIVOCOM takes a small breather....

VIVOCOM finished the day fractionally lower after being caught in tight band trading the entire day.
Prices settled one sen lower at 28.0 sen after a very late-wave of moderately active selling.

Very light profit-taking selling and some stale-bull liquidation has caused prices to stagnate.

Despite the moderately active  selling, buyers easily absorbed all selling pressure today.

Total volume dwindled to 44.89 M shares compared to 69.09 M shares a day ago.

Sellers were seen to be the aggressors when they booked buyers on 64.1% of today's trades.

With trades having traded from 27.5 to 29.0 level, much of the trades were centred at 28.0-28.5 levels where 42.57  M shares changed hands.

The current technical setting continues to show that the upward price momentum is still intact  and prices has more room to move on the upside.

The penetration of the 28.5-29.5 resistance level in the next few sessions would signal the resumption of the upward rally.
Meanwhile, the Quantitative Algorithm signal stayed in bullish-divergence at close and indicated that the bullish cycle has not ended yet.