Instaco (0069)

[johorphang]

Vivocom TOP 4 Vol 40.5m up 1.5c at 28c.

The daily volume yesterday is at its best in eight days.

Volume precedes price action has been proven right time n time again.

This time Vivocom is surging to break 30c-34c in a very short time frame.

With the heavy trading momentum generated, strong retail participation has returned.

They wait for no one!!!

At 28c to 30c levels BUY whilst u can before Q1 results are announced.

Heard Q1 results expected in the range of RM15M to RM19M PAT will surpass all expectations.

This will set the trigger for the price to GAP UP to CIMB’S n MIDF’S TARGET PRICE of 67c n 59c respectively.

Reaching above 50c this round is a safe BET!

Vivocom

 

[johorphang]

VIVOCOM ended lower at 0.275 after a quiet session ahead of the weekend.

Volume was low at 15.61 M shares.

Weekend long-liquidation saw sellers giving 64.9 % of the overall trades to buyers.

Buyers only paid up to take sellers on 31.5 % of
today's trades.

At close, the Q ALGOR remained bullish and confirmed that the upward cycle's underlying strength is still solid.

 

[johorphang]

VIVOCOM share prices came alive on higher volume (13.0 M shares) as traders re-entered the market in a moderate way following market-talks that the 1Q PAT expected to be release in mid-May would easily exceed earlier expectations by a large margin.
Remours of impending announcement of fresh contracts also aided sentiment.
Prices test it immediate chart resistance briefly at 0.280 and closed at 0.275, up 0.005.
The QAGOR signals end constructive and call for further further sideways to higher fluctuation.
The volume distribution chart and transaction would provide a complete picture of today's trades.

 

[johorphang]

VIVOCOM ended up 0.010 at 0.280 on a vol of 29.06 M shares, the highest since 17/3 2016.

Price resistance at 0.285 was tested briefly before the close.

The immediate overhead resistance now stand at 0.28-0.29 level.

A successful penetration of this ceiling accompanied with high volume would confirm that prices are on an upward track.

This would mark the start of the third-wave of the bullish trend.

Meanwhile, the Q ALGOR remained constructive at close.

 

[johorphang]

Vivocom 0069 - Friday closed up 1c at 28c vol 29M.

Breaking 28c - 29c in days.

Q1 results to be announced in May will surpass all analysts, funds n market expectations.

Will Gap Up to 34c previous rally highs when Q1 results out.

If trading momentum strong n market sentiments positive, Vivocom may go all the way past 38c.

Rumour has it Target Price has been set at 45c.

Price moving news such as contract wins to be announced soon.

Popular market gurus with huge followings and reputable analysts all making BUY calls.

Buy n hold till May is the mantra.

 

[johorphang]

Vivocom 0069 - Friday closed up 1c at 28c vol 29M.

Contract win announcement coming soon!

Going to BREAK 28c - 29c instantly to establish a new support level before another BIG PUSH towards 29.5c - 31c levels.

Q1 results to announce in May will exceed all analysts, funds n mkt expectations by
over 50%.

Will Gap Up to 34c previous rally highs when Q1 results out.

If trading momentum strong n mkt sentiments positive, Vivocom expected to go all the way past 38c May/June period.

Rumour has it Target Price has been set at 48c.

Price moving news such as major contract wins to be announced by end April/May time frame.

Popular market gurus and reputable analysts making BUY calls.

Buy n hold till May/June is key. Any pullback represent opportunities to buy.

Otherwise, sit back and enjoy the show!

 

[johorphang]

Vivocom Top 1 up 1.5c at 29.5c vol 52.13M

VIVOCOM successfully vaulted its minor price resistance at 0.28-0.29 on heavy buying inspired by expectations that the rally peak at 0.340 would be re visited sooner than expected.

A total of52.13 M. shares were traded and as illustrated by the volume distribution buyers we clearly the aggressors.

At this juncture, the trend tracker Quantitative Algorithm is in bullish mode and confirmed the upward trend would be sustainable.

 

[johorphang]

VIVOCOM closed up 0.020 on a heavy volume of 84.05 M shares, the best since 17Feb 2016.

Buyers maintained their bullish stance the entire day by taking a total of 62.60 M shares or 75.7% of the asking prices.

This is a clear reflection and indication of the changed underlying sentiment and strength of Vivocom.

Based on the Quantitative Algorithm cycle-change signals, we are now in a very constructive phase of the upward rally and prices are expected to hold firm from here with intermittent rallies in days ahead.

Some would like to term it as a screaming-buy now.

The next station for this train is at 0.34-0.36 levels.

 

[johorphang]

 

[johorphang]

VIVOCOM ended lower by 0.005 on a remarkable half-day volume of 53.61 M shares, fluctuating within an excellent trading range of between 0.290 to 0.305.

A very attractive condition for scalpers and day-traders.

Buyers remained in the offensive this morning as they paid up and took sellers with 33.81M shares or 63.1% of the morning volume.

A total of 386 deals were done today, of which 195 deals were with volume below 200 K shares, an indicating that retail traders and speculators were active participant.

It is obvious that this rally is not a knee-jerk reaction but a bullish rally.

At the moment we are seeing some technical adjustment in the form of distribution or profit-taking which is very natural after five straight days of price advances.

This phenomena would be short-lived and after this short breather, the tiger would resume its roar.

The Quantitative Algorithm trading signals confirmed the start of the bullish trend two days ago and is now in strong bullish divergence, signalling that the upward rally is sustainable.

With this sort of setting, savvy traders would take advantage of any technical weakness to enter on the buy-side or add positions to existing trades.

The best is yet to come. You think you have seen the sun, but you have not seen it shine!