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Instaco (0069)

Vivocom 0069 largest ACE company in KLSE with mkt capitalisation of RM1.13BN.

VIVOCOM CHARGING UP n AWAY!!!

FIRST EVER CLARION CALL :

CHARGE!!!
ATTACK ATTACK ATTACK!!!
NO RETREAT!!!
NO SURRENDER!!!
TAKE 33C - 33.5C LEVELS!!
 
Mid-Day Review & Analysis

VIVOCOM scored impressive gains in early trade and then gave back all its advances at close to settle unchanged at 32.5 sens.

Volume for the morning was higher than normal at 50.91 M shares.

Bulk of trades were at 33.5 where 40.26 M shares changed hands. Buyers were the aggressor taking 23.40 M shares from sellers.

Buyers enthusiasm appeared to be
returning as prices approach their 2016-highs.

Keen expectations on the 1Q profit results and ideas that prices would make new 2016-price highs at the 39.0-40.0 levels, prompted traders to take positions presently.

The Quantitative Algorithm signals are in mild bullish divergence and called for firmer price actions for the immediate term.
 
End-Day Review & Analysis

VIVOCOM rallied towards the close on a strong wave of buying with
prices finishing at a 2016-closing high of 34.0 sens.

Volume of 72.04 M shares were traded, the highest in four days.

Almost 60% of the trades were buying hitting sellers offered prices, a simple case of an buyers-aggression rally.

After a few days of congestion trading, why are buyers coming back in a big way?

Fundamentally speaking, traders are back In forces at currents new-high levels is simple because they are anticipating strong shift in the fundamentals and 1Q results to alter the undervalued price of VIVOCOM.

Technically speaking, the key reason investors and traders are back in a strong way today is because prices are in a what technicians called a upward price and volume breakout day.

A very bullish phenomenon.

These traders know how to calculate the levels where prices would be head to and trade on.

Technical trader's calculation shows that the next trading level and price-target would be at around the 39.0 - 41.0 levels.

We shall have to wait and see. My observation on such traders shows that their technical trading approaches are rarely wrong!

Having said that,
the Quantitative Algorithm signals are in very bullish divergence
and confirmed that a fresh up wave has begun.
 
Mid-Day Review & Analysis
VIVOCOM ended the morning half sen higher at 34.5 sen.

There were a series of exchange of fire as profit-taking sellers held their grounds at the historical highs of 34.0 sens and finally gave way towards the close.

Analysis of the Volume Distribution shows that buyers were the obvious aggressors as they took sellers on 78.7 % of the total trades of 35.05 M shares.

At this juncture, where would prices go to and what are traders waiting to see?

A success punch occurred above the 34.0 level with buyers calling a further-buy during the close.
This bullish development would certainty encourage traders sitting on the sideline to jump in with both their hands and feet in the immediate term.

Chart wise, prices has closed at a new-historical high and chartist would say that the next and immediate price-target would be at the 38.5-39.0 levels.

The money-making decision among traders here and now is to believe or not believe the bull?

You have been following this commentaries for a while now.
You should know by now the answer to this simple question: What's Next? The Quantitative Algorithm signals are in deep bullish divergence and has confirmed the expansion to the upward rally.
 
End-Day Review & Analysis

VIVOCOM finished the day with gains of half a at 34.5 sens, establishing a new historical high.

Prices ranged from 33.0-34.5 on a moderate volume of 54.32 M shares.

Based on the volume distribution data, the buyers again emerged as
the aggressors by taking sellers on 71.15 % of the trades today.

It is interesting to note that buyers managed to absorb all the profit-taking sellers today and yet managed to close at its best ever levels.

At current levels, not a single investors or trader has any looses to show in their books.

With VIVOCOM ending the day at a historical high, the big question now is how soon can prices hit their upside target at 39.0-41.0 sens and complete the peak of the third-wave of it five-wave bullish cycle?

My best technical guess is that we would get to see it happening sooner than expected.

Perhaps before the 1Q profits result which is speculated to be release on next week .

Presently, at historical highs, VIVOCOM price sensitivity is extremely high.

Any news related to any positive changes in their order books or any unexpected cooperate exercise news would give it the reason to be thrusted deeper into its uncharted territories.

Meanwhile, the Quantitative Algorithm signals are deeper into bullish divergence and is indeed a screaming-buy-call now!
 
Vivocom 0069 Top 3 closed 34.5c up 0.5c volume 54.3M.


FIRST CLARION CALL on 3rd May to take 33C - 33.5C levels, mission completed.

SECOND CLARION CALL on 4th May, take 34c - 34.5c levels, mission partially completed.

Vivocom is presently a SCREAMING BUY!!!

Reaching 39c - 41c levels super soon, perhaps the next few days starting 5th May.

Hence, 3rd CLARION CALL issued :-

CHARGE!!!
ATTACK ATTACK ATTACK!!!

SAPU LEVELS 34.5c - 36c totally!

NO HESITATION!!!
NO RETREAT!!!
NO SURRENDER !!!

VIVOCOM KLSE DARLING STOCK - SOMETHING SOON HAPPENING TODAY.

������������������
 
End-Day Review & Analysis

VIVOCOM closed the morning with fractional losses of half a sen at 34.0 sens.

Prices ranged from 33.5-34.5 on a thin volume of 26.43 M shares.

Sellers were persistent at 34.0 level the entire morning.

Despite being cleared by buyers on four occasions, the selling at 34.0 sens reemergence.

The selling block was only finally lifted towards close when buyers bid rose to 34.0.

Based on the volume distribution data, the buyers remained
the aggressors by taking sellers on 71.4
% of the total trades this morning.

With VIVOCOM prices ending the morning on a firm note and at its historical high, we can expect to see more consolidation trading in the noon and a strong close for the day.

My immediate upside price-target at 39.0-41.0 sens remains unchanged.


Firmer values ahead of the 1Q profits results which is speculated to be release next week, is a good technical sign.

Meanwhile, the Quantitative Algorithm signals remains in deep bullish divergence and indicated that the main trend is bullish.

Vivocom 0069 Biggest company in Ace with over RM1B market capitalisation, including all warrants.

Just announced RM160M contract secured.

Sapu all from levels 34c - 38c. NO NEED TO EVEN THINK.

CHARGE ATTACK!!!
NO RETREAT!!!
NO SURRENDER!!!

More price moving news next week.
 
End-Day Review & Price Forecast

VIVOCOM closed half sen lower at 34.0 after a late-round of selling dampen sentiment.

This was a price congestion day with both sides having no strong conviction and prices stayed at the 34.0 level for almost the whole day.

Upon the announcement of another RM 160M contract win, buyers succeeded to clear sellers and parked a further-buy at 34.0 sens.

In short, their was no panic and profit-taking selling was orderly.

At 34.0 level 32.10 M shares changed hands of which buyers took sellers on 18.26 M shares.

In the coming session, important technical resistance to monitor would be at 34.5-35.00 levels.

If the upward break succeeds, which I am confident that it would, we may get to see prices trending higher to establish new-highs in the uncharted territory.

At this stage, my Quantitative Algorithm price projections remains the same.

The third-wave peak of the five-wave bullish cycle at 38-40 sens would ultimately be tested.

The daily Quantitative Algorithm trading signals closed in positive divergence and indicated further upside potentials.
 
Mid-Day Review & Forecast.

VIVOCOM ended the morning unchanged at 34.0 after having ranged from 33.0-34.0 sens.

Trading was slow ahead of the weekend with 27.61M shares changing hands.

Sellers were the more aggressive lot, giving 59.9% of trades to buyers.

Over the last couple of sessions, I noticed that the selling aggression volume was low, ranging from 20m to 50m shares.

This is considered normal as that is only about 1.11% to 1.19% of VIVOCOM share base of 2.6B.

From a strictly technical perspective, prices have been hovering around the 33.0-34.5 levels for the last three days.

This is viewed as a construction development considering the fact that prices are now at their historical-highs.

Base on this, traders can conclude that the present underlying strength of VIVOCOM is strong ahead of the 1Q profits results anticipated to be released now on 12 May.

My next upward price-target is adjusted higher to the 39.0-41.0 levels..

The Quantitative Algorithm signal end the morning in bullish divergence and called for more upward trading.
 
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