Comments on ELRIDGE

Abel

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Late for party or stil can get it?

2 days · translate ·

Previous replies (2)

Sam Cloud

biomass fuel products are always in demand, just buy some slowly

Like · 10 hours · translate

Brian YF

biomass does have consistent demand, so a gradual accumulation strategy is always worth for Elridge

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David Chua

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Elridge Energy is consolidating constructively above key support, with a slightly bullish bias as long as 0.99 holds. A break above 1.04 would likely signal the start of the next upward leg, with 1.17 as the next technical objective.

1 week · translate ·

Previous replies (3)

Tell me why

all about patience and letting the market dictate the next move, so far just keep monitor

Like · 5 days · translate

Alan Wai Sheng

Consolidating near 1.00 also not bad lah, good start for 2026

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Abel

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The rising trendline and the RM0.97–RM0.98 area form an important support zone to monitor. Holding above this region keeps the bullish structure valid.

2 weeks · translate ·

Previous replies (3)

Ang Ching Yew

As long standing strong 1.00 then can buy in a bit

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David Chua

Yeah, that's a solid strategy to dip your toes in when a stock holds its ground at a key level. It shows conviction and potential for a bounce.

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David Chua

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Urusharta Jamaah Sdn Bhd, a Minister of Finance Inc-controlled entity, has increased its shareholding in Elridge Energy Holdings Bhd by acquiring 5.93 million shares, raising its total stake in the manufacturer and trader of biomass fuel products to 127.9 million shares, or 6.39%.

4 weeks · translate ·

Previous replies (3)

David Chua

Yeah, that chart pattern is definitely showing signs of a potential accumulation zone forming. We'll need to watch for confirmation on volume and price action to be sure.

Like · 2 weeks · translate

David Chua

Elridge Energy Holdings Berhad (ELRIDGE) continues to display a technically constructive structure despite the recent pause in momentum. After a strong rally from the RM0.70 region, the stock has transitioned into a healthy consolidation phase just below the RM1.03–RM1.05 resistance zone, suggesting digestion of prior gains rather than a trend reversal.

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