Mun'aim Idrus (Moon Aim)'s comment on DNEX

PROfessor G

They set cut loss or cut profit means weak? A lot share like this, keep drop without reason or with unreasobale reason. The Majority Vote of cease fire for war,it totally effect oil price and uncontrollable drop anytime, what you expect dnex and where is the new support line, all of us never know, just can follow the flow.

Like · 3 years · translate

Adam Lim

Does not look like a shake out.. More like a burst

1 Like · 3 years · translate

nazr zach

Idrus, there is no such thing. This looks like its carried out on purpose. I have seen this before esp on share with high volume.
Pattern.
1. Create false indication. DneX appears to recover this morning when DneX was back in Green. In fact highest this week. This attracts buyer to rally behind DneX.
2. Prime Time. When volume are attractive enough, its time for their rip-off. Create false sell down. Market panic. Ppl started to sell their stocks.

2 Like · 3 years · translate

nazr zach

3. Phase Short Sell. Short selling start. The further price falls, the more they gain.
4. Phase Recovery. They want to do this again. Its their way to make money. They are like swords with 2 sides. They started to buy back when they had enough and carefully return DneX to previous day opening price.
Those who did this must have big funds and they share profits.
Watch their moves. Pay attention to your indicators esp VWAP.

3 Like · 3 years · translate

nazr zach

They are pros.

1 Like · 3 years · translate

Jack Sheng Chen

so continue hold? or sell

Like · 3 years · translate

May YM

@nazr what is vwap?

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nazr zach

DneX is a good trading company. Although they don't have revenue as a company but they own recurring business and high tech mask layer technology backed by PRC. DneX worth more. Hold on to your stocks. If you don't sell, they cant make money.

Like · 3 years · translate

emopv5

@nazr
Absolutely agreed with your analysis..
That's Dnex game play actually..
Those Traders never study well b4 enter Dnex,they may get RIP ASAP.
in Dnex, no word "Fast Money" or "Fast Profit",unless you're big fund like them..
Dnex MUST with HOLDING POWER..
As long major still uptrend,still valid to refill.

Like · 3 years · translate

nazr zach

Normally, they put blockers to prevent share price from going up. This is because they already short. If price goes up, they lose money.

Like · 3 years · translate

emopv5

Pretty, Beautiful Bro @Nazr..
Finally,someone reveal how Dnex gameplan here...that's great.. XD...
From begining,didn't manage to brief and share what you share here today,But was be able to story in TA illustration only..
Well,Lets see today closing,what pattern will forming today . Still early to judge..
Buy popcorn watch it

2 Like · 3 years · translate

nazr zach

May.. VWAP stands for Volume Weighted Moving Average. Its in your Trading View indicator. Look for it.

Like · 3 years · translate

nazr zach

We use VWAP to avoid short sell.

1 Like · 3 years · translate

nazr zach

You can record your Trading activities esp on your Bid/Ask Spread. In Bid/Ask Spread, there are no of traders, bid/sell price and qty. Also there is a clock. Whenever you suspect there is a manipulation in your stock, you can send this record to SEC.
Last year, a trader from TA Securities were caught manipulating stocks on DneX, Hibiscs, MBSB, Sapura and Armada. He was fined by court. And he is now being sue by owner of the stocks for losses on their market capital.. You also can sue him too.

2 Like · 3 years · translate

nazr zach

Hope this helps

1 Like · 3 years · translate

emopv5

Small bilis traders like us,consider waste time by reporting any stock been manipulated .
As we all know,all stock bursa kena manipulate kao kao one..
Any stock,sure got "Ghost" tc or control one..
They have billion money in hand,easy to cr8 Up/Down price what ever they like .
For us,we still rely on TA chart one,cos everyone will enter/exit based on TA.
just "Emotion" will drive you to reality Bursa Stock..

1 Like · 3 years · translate

May YM

Hi @emopv5

What is your view on this Dnex flushing ?

Like · 3 years · translate

emopv5

@May
As long Rm1.06 intact enough,It may have strong rebound.
Or,it may try to broke the support and rebound or it will broke the support as well.
If Yes,Will retest Rm1.00 then cr8 another strong rebound too .
Keep remember,Strong drop will cr8 strong rebound ..
Also,keep stick to ur trading plan ya....
Only strong heart and stay with Dnex..
Ps~

2 Like · 3 years · translate

nazr zach

Nurul.. You can either Google for VWAP or find VWAP in Investopedia

Like · 3 years · translate

nazr zach

https://www.investopedia.com/terms/v/vwap.asp#:~:text=The%20volume%2Dweighted%20average%20price%20(VWAP)%20is%20a%20measurement,of%20trades%20during%20that%20period.

2 Like · 3 years · translate

nazr zach

Copy this link and paste on your Google..

Like · 3 years · translate

nazr zach

Wish you all the best

1 Like · 3 years · translate

nazr zach

if DneX price goes above the line, the farther high up it goes, they are primed for short.

2 Like · 3 years · translate

nazr zach

We need Dnex price closer to the line. safer. If DneX price goes lower than the line, the price is very cheap.

2 Like · 3 years · translate

Zikri Hashim

Thank you Nazr and emopv5 ! And good luck all Dnexian !

2 Like · 3 years · translate

emopv5

Nazr..
Superb bro ...
Hope can deliver some input for all Traders/Investor Dnex here..
Hand Shake!!

1 Like · 3 years · translate

nazr zach

Oiit.. Bodycam kena ON..hahahaha

1 Like · 3 years · translate

emopv5

Cant bro ..Aurat....
Virtual Only✓

1 Like · 3 years · translate

Mun'aim Idrus (Moon Aim)

ok. agree with nazr. tq for your sharing about vwap. the price already break vwap line. so, actually inngatkan dia Naik kembali atas ma20. tapi dah break line ma20. hit my stop loss.

Like · 3 years · translate

nazr zach

You are welcome Mun'aim.
Yesterday, total short sellers made MYR12.1m/IDSS and MYR620k/PDT.
Due to panic selling on the 3rd Mac, market opened with gap down accompanied with concerned long investors that DNeX with continue slid further. But investor confidence were restored around noon as selldown meet stiff resistance from stockholders.

Like · 3 years · translate

nazr zach

1. US Fed will increase interest by 12 Mac by 25 basis points. Chip producers will pass down these extra charges to end users. Chips ASP will hike more than MYR500++. DNeX will benefit from this hike.

Like · 3 years · translate

nazr zach

2. US Indices welcomed with increased employment rate in US. Nasdaq jump.
3. Brent Oil also jump and nearing USD120/boe. Biden continue with his harsh words to add more sanctions to Russia.

Like · 3 years · translate

nazr zach

3. Ukraine - Russia conflict. Russia showed their determination and their willingness to increase using their military assets when they attack Ukraine biggest Nuclear power plant. No Nato and US military deployment in Ukraine shows this conflict is no were near to an end.

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nazr zach

DNeX should issue another PP to invite big financial institution to do strategic investment in DNeX e.g. EPF, PNB, Khazanah, Danaharta, Urus Jamaah and others.

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nazr zach

I hope with these positive sentiments will help retail investors to make their moves next Monday.

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May YM

@nazr what other stocks you invest other than DNex

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nazr zach

i only invest in new stocks with strong growth potentials e.g. Greatec, Atech, Hibiscs, DNeX and TM.

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nazr zach

Except TM. Shes old but shes our people place to make money.

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May YM

@nazr what’s your view on Atech ? For the Recent drop

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nazr zach

ATech price dropped almost nearing her IPO price 1.41/1.55 but recovered slightly to 1.60 last Friday. Shes new un town. She has many years ahead of her. Her production will increase with additional production capacity from her new 2nd Production plant. Whatever yoy want to do, pls wait until US Fed announces their new 25 basis point due this 12th Mac.
US Fed is concern with interest rates to fight their inflation as they also have to take into account the rise in crude oil.

Like · 3 years · translate

nazr zach

Any increase in interest rates will lead US economy into recession.

Like · 3 years · translate