?Trading Idea: ANCOM NYLEX BERHAD (find me on tele)

BUY/LONG: +/- RM1.03

SL: RM0.78 (24.27%)

TP1: RM1.32 (28%)

TP2: RM1.43 (39%)

TP3: RM1.55 (50.49%)

TP4: RM1.93 (87.38%)

REASON: Ancom Nylex Berhad has seen recent insider movements and private placements, which align with institutional confidence in the company’s growth prospects. Our group personally has close connections with this company, which strengthens our confidence in its upcoming movements. With its strong position in the chemical and agricultural sectors, combined with the technical pattern of a symmetrical triangle, we foresee a significant breakout opportunity. We’re targeting RM1.93, backed by both insider insights and technical analysis.