Nov 16th : Market Report on Vivocom. Close $1.95 volume 110.64m.
Vivocom’s first Limit Up, to RM1.95 today, breathtaking and spectacular was it not. Yet unlike many other limit ups, Vivocom’s was stable, sure-footed, gradual, and steadfast. Most definitively a step by step ascension to the peak calmly and surely.
Here are the highlights of today’s stellar performance-
1) I’m anticipating that VIVOCOM will have another few days to weeks of continuous bull rally, based on my past 20 years experience in the trading & investment industry.
2) I have witnessed n seen numerous super bull rally of other financial instruments with similar characteristics.
3) 15 Min chart(pic 1), 15 min chart on last 11 days demonstrated very bullish and healthy uptrend, it is clear to the naked eyes that whenever Vivocom’s share price rised higher & higher to break resistance, massive volumes exchanged hands.
4) During consolidation and making a higher low, the Price and Volume ROC also exhibited healthy correction characteristics.
5) Trend line angle uplifted, when ever price pulled back or correction, traders and investors galore would rushed in without hesitation with aggressive follow through buying. Each time bullishness would increase with more conviction and resilience.
6) Daily chart Pattern (pic 2)
has vividly formed to confirm that Vivocom’s uptrend most certainly replicate the famous Livermore’s chart pattern characteristic, as we can see the price break away from $0.90 on 5th/Nov/2020 (accumulation cylinder with widening mouth) , base on the JLM’s price target projection is minimum of two fold of the cylinder high, which is $0.90( cylinder) + $1.80(2x of cylinder higher) = $2.70.
7) The price projection of consecutive targets as we can see in other security such as Amazon increased 4 folds in ( $400 to $2000).
8) The Candle stick Pattern (pic 3) formed today was the Marobozu close candle, which indicates that the following day ie 17th Nov or tomorrow the bullish Rally will have continue & follow through without a doubt.
9)Weekly chart show it forming 3 white solders which is a very bullish signal
Based on this I’m confident to predict that tomorrow will be another powerful uptrend for Vivocom, possibly breaking RM2.45 to Rm2.70 Target Price.
In short, it is my belief that this Vivocom’s price surge momentum is unstoppable simply because it is most sustainable.
Jump on the Bandwagon and Enjoy the Rally again tomorrow guys.
Vivocom’s first Limit Up, to RM1.95 today, breathtaking and spectacular was it not. Yet unlike many other limit ups, Vivocom’s was stable, sure-footed, gradual, and steadfast. Most definitively a step by step ascension to the peak calmly and surely.
Here are the highlights of today’s stellar performance-
1) I’m anticipating that VIVOCOM will have another few days to weeks of continuous bull rally, based on my past 20 years experience in the trading & investment industry.
2) I have witnessed n seen numerous super bull rally of other financial instruments with similar characteristics.
3) 15 Min chart(pic 1), 15 min chart on last 11 days demonstrated very bullish and healthy uptrend, it is clear to the naked eyes that whenever Vivocom’s share price rised higher & higher to break resistance, massive volumes exchanged hands.
4) During consolidation and making a higher low, the Price and Volume ROC also exhibited healthy correction characteristics.
5) Trend line angle uplifted, when ever price pulled back or correction, traders and investors galore would rushed in without hesitation with aggressive follow through buying. Each time bullishness would increase with more conviction and resilience.
6) Daily chart Pattern (pic 2)
has vividly formed to confirm that Vivocom’s uptrend most certainly replicate the famous Livermore’s chart pattern characteristic, as we can see the price break away from $0.90 on 5th/Nov/2020 (accumulation cylinder with widening mouth) , base on the JLM’s price target projection is minimum of two fold of the cylinder high, which is $0.90( cylinder) + $1.80(2x of cylinder higher) = $2.70.
7) The price projection of consecutive targets as we can see in other security such as Amazon increased 4 folds in ( $400 to $2000).
8) The Candle stick Pattern (pic 3) formed today was the Marobozu close candle, which indicates that the following day ie 17th Nov or tomorrow the bullish Rally will have continue & follow through without a doubt.
9)Weekly chart show it forming 3 white solders which is a very bullish signal
Based on this I’m confident to predict that tomorrow will be another powerful uptrend for Vivocom, possibly breaking RM2.45 to Rm2.70 Target Price.
In short, it is my belief that this Vivocom’s price surge momentum is unstoppable simply because it is most sustainable.
Jump on the Bandwagon and Enjoy the Rally again tomorrow guys.
Forwarded from 東方不敗
16 Nov 2020
Vivocom: end of day report
My mentor taught me an invaluable lesson that I only fully understood this year during MCO and I wished I had learned it earlier on.
I have no shame in sharing this personal experience with everybody because it is the truth: I did not earn any money from stock market during MCO due to the unprecedented Covid-19 pandemic.
I, as an investor, stood on the sideline while everybody enjoyed the tremendous gains from Personal Protection Equipment (PPE) related counters.
I on the other hand, was paralysed from over studying and analysis .
My mentor schooled me hard: he says in life, it is all about making good decisions based on common sense, not how good my analyses are.
If I can make good decisions based on common sense, guided by good analysis, I will not go wrong in life, and with some luck, I might even be great.
However, if I have uncommon common sense, I will be classified as a GENIUS.
I did not have common sense during the MCO simply because I didn’t have the gut.
My analyses guided by TRADITIONAL parameters paralysed me, due to the common reasons such as uncertainty, high valuation, extremely unfavourable macroeconomics and many many other factors when in fact I should have been buying at any opportunity I can get.
I VOWED I will not let myself and my mentor down ever again. The time has changed, and so must my analysis. I MUST NOT be guided by such traditional mentality anymore.
I now guide my investment decision based on Kelly Formula. In the simplest words, it means sizing your bet according to the chances of winning.
Vivocom, is the one and only stock I hold because of one simple reason: enormous demand vs scarce and limited supply.
This of it this way: because of the pandemic, the average selling price for gloves shot through the roof because of extreme demand.
Now, apply the same logic to Vivocom.
Due to Vivocom’s boss’s self-imposed moratorium, this effectively reduced the shares actively traded in the market drastically.
This also lent a lot of confidence to the market participants knowing that the share price will be stable.
With this alone, I know that Vivocom will be a winner.
Today’s trade proofed just that.
Vivocom’s share price increased to limit-up price to close at RM1.95, up 30%, the maximum limit allowed per day.
The trade velocity of Vivocom increased slightly in the afternoon session to 56.25M shares traded from 54.40M shares in the morning.
The buy rate in the afternoon was at 61.3% compared to morning 57.6%. Overall, today’s buy rate was 59.4% for the 110.64M shares traded.
A total of 15,157 trades were done today and it was the highest number of trades done in history.
This tells me that despite the 1,300% rise in price from its all-time low of RM0.15, traders are EXTREMELY interested in this counter.
So long as the largest shareholder doesn’t sell, and since he has a moratorium period of 3 years, I can CONFIDENTLY say that euphoria surrounding Vivocom WILL sustain.
I sincerely, from the bottom of my heart, BELIEVE that this is only just the beginning.
Next target: RM3.00 to RM3.60.
Vivocom: end of day report
My mentor taught me an invaluable lesson that I only fully understood this year during MCO and I wished I had learned it earlier on.
I have no shame in sharing this personal experience with everybody because it is the truth: I did not earn any money from stock market during MCO due to the unprecedented Covid-19 pandemic.
I, as an investor, stood on the sideline while everybody enjoyed the tremendous gains from Personal Protection Equipment (PPE) related counters.
I on the other hand, was paralysed from over studying and analysis .
My mentor schooled me hard: he says in life, it is all about making good decisions based on common sense, not how good my analyses are.
If I can make good decisions based on common sense, guided by good analysis, I will not go wrong in life, and with some luck, I might even be great.
However, if I have uncommon common sense, I will be classified as a GENIUS.
I did not have common sense during the MCO simply because I didn’t have the gut.
My analyses guided by TRADITIONAL parameters paralysed me, due to the common reasons such as uncertainty, high valuation, extremely unfavourable macroeconomics and many many other factors when in fact I should have been buying at any opportunity I can get.
I VOWED I will not let myself and my mentor down ever again. The time has changed, and so must my analysis. I MUST NOT be guided by such traditional mentality anymore.
I now guide my investment decision based on Kelly Formula. In the simplest words, it means sizing your bet according to the chances of winning.
Vivocom, is the one and only stock I hold because of one simple reason: enormous demand vs scarce and limited supply.
This of it this way: because of the pandemic, the average selling price for gloves shot through the roof because of extreme demand.
Now, apply the same logic to Vivocom.
Due to Vivocom’s boss’s self-imposed moratorium, this effectively reduced the shares actively traded in the market drastically.
This also lent a lot of confidence to the market participants knowing that the share price will be stable.
With this alone, I know that Vivocom will be a winner.
Today’s trade proofed just that.
Vivocom’s share price increased to limit-up price to close at RM1.95, up 30%, the maximum limit allowed per day.
The trade velocity of Vivocom increased slightly in the afternoon session to 56.25M shares traded from 54.40M shares in the morning.
The buy rate in the afternoon was at 61.3% compared to morning 57.6%. Overall, today’s buy rate was 59.4% for the 110.64M shares traded.
A total of 15,157 trades were done today and it was the highest number of trades done in history.
This tells me that despite the 1,300% rise in price from its all-time low of RM0.15, traders are EXTREMELY interested in this counter.
So long as the largest shareholder doesn’t sell, and since he has a moratorium period of 3 years, I can CONFIDENTLY say that euphoria surrounding Vivocom WILL sustain.
I sincerely, from the bottom of my heart, BELIEVE that this is only just the beginning.
Next target: RM3.00 to RM3.60.
Nov 17th : Vivocom Morning Session closed $1.81 volume 59.7M
During the morning session, Vivocom’s shares were unsurprisingly dominated by heavy and healthy profits taking activities after the ferocious Limit Up Rally yesterday.
Here are my observations for the morning:-
1- Profit taking occurred since the market opened with weak holders/traders bailing out, ushering in a mild consolidation/ correction phase, with wave 4 emergence after reaching the 23.8% retracement target, upon which wave 3 prevailing at $1.70. At this level, all selling were well absorbed. An avalanche of buyers would rushed in if these 1.70-1.74 levels were to be retested.
2- Strong rebound prevailed from 9:25am onwards, high lighting that bullish traders and investors had seized on the pull-back opp to buy in aggressively at Wave 4 zone($170-$1.74).
3- Vivocom’s Price was sharply n swiftly ramped up and crossed $1.86, with robust and hefty PVA confirming that the profits taking correction had ended and wave 4 consequently surfaced.
4- New bullish wave 1 was formed at price $1.90 once wave 2 correction ended at $1.80 level (Picture1).
5- I am anticipating wave 3 impulse to emerge conclusively once the price break $1.90.
6- Following which if the price crosses $1.95 with strength and conviction, this would serve to confirm that wave 5 had been triggered, whereby the target price for Wave 3/5/3 would be the bullish $2.32/2.45/$2.70 levels.
7- If I may be so bold, I would venture to predict that the wave 5 will in all likelihood form an extended wave 5, (picture 2) with an exciting uptrend and target price levels being ushered in at $2.45/$2.52/$2.70 level
In short, in the face of heavy profits taking activities this morning, Vivocom has shown amazing & awesome strength & resilience not seen in a stock in KLSE before. It’s unparalleled and unprecedented. I therefore project with confidence that this Rally still has tremendous upside to run up to RM3.00 and beyond in the foreseeable days & weeks ahead.
During the morning session, Vivocom’s shares were unsurprisingly dominated by heavy and healthy profits taking activities after the ferocious Limit Up Rally yesterday.
Here are my observations for the morning:-
1- Profit taking occurred since the market opened with weak holders/traders bailing out, ushering in a mild consolidation/ correction phase, with wave 4 emergence after reaching the 23.8% retracement target, upon which wave 3 prevailing at $1.70. At this level, all selling were well absorbed. An avalanche of buyers would rushed in if these 1.70-1.74 levels were to be retested.
2- Strong rebound prevailed from 9:25am onwards, high lighting that bullish traders and investors had seized on the pull-back opp to buy in aggressively at Wave 4 zone($170-$1.74).
3- Vivocom’s Price was sharply n swiftly ramped up and crossed $1.86, with robust and hefty PVA confirming that the profits taking correction had ended and wave 4 consequently surfaced.
4- New bullish wave 1 was formed at price $1.90 once wave 2 correction ended at $1.80 level (Picture1).
5- I am anticipating wave 3 impulse to emerge conclusively once the price break $1.90.
6- Following which if the price crosses $1.95 with strength and conviction, this would serve to confirm that wave 5 had been triggered, whereby the target price for Wave 3/5/3 would be the bullish $2.32/2.45/$2.70 levels.
7- If I may be so bold, I would venture to predict that the wave 5 will in all likelihood form an extended wave 5, (picture 2) with an exciting uptrend and target price levels being ushered in at $2.45/$2.52/$2.70 level
In short, in the face of heavy profits taking activities this morning, Vivocom has shown amazing & awesome strength & resilience not seen in a stock in KLSE before. It’s unparalleled and unprecedented. I therefore project with confidence that this Rally still has tremendous upside to run up to RM3.00 and beyond in the foreseeable days & weeks ahead.
Forwarded from 東方不敗
17 Nov 2020
Vivocom: lunchtime report
After the frenzy limit-up yesterday, traders took profit today which brought the share price down to as low as RM1.70.
Vivocom’s shares tested intraday low 2 times, before rebounding convincingly to RM1.81 from 9:40AM.
As I have repeatedly stressed, a company’s share price is a function of the underlying demand versus the available supply of its shares actively traded in the open market.
A reliable indicator to gauge the demand vs. supply of the company is the buy and sell rate.
Despite overall buy rate at 48.7% during the morning session, the sentiment for Vivocom’s shares actually turned positive from 9:40.
Of the 59.66M shares traded, 33.61M shares were traded before 9:40AM with buy rate at 42.1%
On the other hand, 26.05M shares were traded after 9:40AM with buy rate at 58.1%
This is a good sign as it indicates that the selling pressure from the morning had stabilised to a trickle after 9.40AM, which tells me loud and clear that traders do not think RM1.70 is the fair price for this company, hence, traders started to aggressively buy any shares available in sight at RM1.70/RM1.74 levels to ram the price back up to RM1.80 and beyond.
I expect such positive & bullish sentiments to continue in the afternoon session.
I foresee Vivocom’s share price closing at RM1.85 or higher today.
The rally which started 14 days ago, wow is it already longer than two weeks, has indeed demonstrated solidity and stability rarely seen in an ACE stock in KLSE.
In short, expect Vivocom’s uptrend to continue to soar to RM3.00 soon.
Vivocom: lunchtime report
After the frenzy limit-up yesterday, traders took profit today which brought the share price down to as low as RM1.70.
Vivocom’s shares tested intraday low 2 times, before rebounding convincingly to RM1.81 from 9:40AM.
As I have repeatedly stressed, a company’s share price is a function of the underlying demand versus the available supply of its shares actively traded in the open market.
A reliable indicator to gauge the demand vs. supply of the company is the buy and sell rate.
Despite overall buy rate at 48.7% during the morning session, the sentiment for Vivocom’s shares actually turned positive from 9:40.
Of the 59.66M shares traded, 33.61M shares were traded before 9:40AM with buy rate at 42.1%
On the other hand, 26.05M shares were traded after 9:40AM with buy rate at 58.1%
This is a good sign as it indicates that the selling pressure from the morning had stabilised to a trickle after 9.40AM, which tells me loud and clear that traders do not think RM1.70 is the fair price for this company, hence, traders started to aggressively buy any shares available in sight at RM1.70/RM1.74 levels to ram the price back up to RM1.80 and beyond.
I expect such positive & bullish sentiments to continue in the afternoon session.
I foresee Vivocom’s share price closing at RM1.85 or higher today.
The rally which started 14 days ago, wow is it already longer than two weeks, has indeed demonstrated solidity and stability rarely seen in an ACE stock in KLSE.
In short, expect Vivocom’s uptrend to continue to soar to RM3.00 soon.
Nov 17th : Market Report on Vivocom. Close $1.80 volume 71.67m.
Vivocom - Heavy profits taking prevailed almost the entire day will all selling well absorbed at $1.70/$1.74 levels & swiftly rebounded to $1.80/$1.87 levels, showing a rare resilience to close resolutely at $1.80.
Here are my technical analysis:-
1. Elliot Wave analysis (pic 1)
a. Wave 2 was shaped out during the afternoon trading session as we saw clearly wave abc formation emerged at market closing.
b. Very high chances wave 2 retracement (Abc) has ended and stop above $1.78 (61.8% of wave 1).
c. To confirm wave 2 (Abc) correction has ended, price would need to trade above $1.88, upon which this will propel Vivocom into an upswing bias whereby wave 3 will likely be triggered.
d. I am anticipating wave 3 impulse to conclusively take command once the price breaks $1.90, which is only a matter of when and not if.
e. Following which if the price crosses $1.95 with strength and conviction, this would serve to confirm that wave 5 had been triggered, whereby the target price for Wave 3/5/3 would be the bullish $2.32/2.45/$2.70 levels taking precedence in full force.
2. Commonality Analysis (picture 2)
a. My observations of the past 3 corrections showed a most assuring commonality - After each profit taking, I can see red candles coming out to show Vivocom’s Share Price trading side-ways and Volume Rate of change showing very healthy buy signals each time without fail confirming that bull rally will resume again with its uptrend still constructive and in tact.
b. I remain highly optimistic and eagerly look forward to Vivocom’s powerful bull rally resuming it sharp uptrend in next 1-3 trading sessions. My personal target price for Wave 3/5/3 remains $2.32/2.45/$2.70 and I look forward to these target prices being attained soon with conviction & strength.
Vivocom without a doubt an Emerging Super Bull!!!
Vivocom - Heavy profits taking prevailed almost the entire day will all selling well absorbed at $1.70/$1.74 levels & swiftly rebounded to $1.80/$1.87 levels, showing a rare resilience to close resolutely at $1.80.
Here are my technical analysis:-
1. Elliot Wave analysis (pic 1)
a. Wave 2 was shaped out during the afternoon trading session as we saw clearly wave abc formation emerged at market closing.
b. Very high chances wave 2 retracement (Abc) has ended and stop above $1.78 (61.8% of wave 1).
c. To confirm wave 2 (Abc) correction has ended, price would need to trade above $1.88, upon which this will propel Vivocom into an upswing bias whereby wave 3 will likely be triggered.
d. I am anticipating wave 3 impulse to conclusively take command once the price breaks $1.90, which is only a matter of when and not if.
e. Following which if the price crosses $1.95 with strength and conviction, this would serve to confirm that wave 5 had been triggered, whereby the target price for Wave 3/5/3 would be the bullish $2.32/2.45/$2.70 levels taking precedence in full force.
2. Commonality Analysis (picture 2)
a. My observations of the past 3 corrections showed a most assuring commonality - After each profit taking, I can see red candles coming out to show Vivocom’s Share Price trading side-ways and Volume Rate of change showing very healthy buy signals each time without fail confirming that bull rally will resume again with its uptrend still constructive and in tact.
b. I remain highly optimistic and eagerly look forward to Vivocom’s powerful bull rally resuming it sharp uptrend in next 1-3 trading sessions. My personal target price for Wave 3/5/3 remains $2.32/2.45/$2.70 and I look forward to these target prices being attained soon with conviction & strength.
Vivocom without a doubt an Emerging Super Bull!!!
Nov 18th :Morning Session Vivocom cosed $1.83 with volume of 23.1M.
Vivocom’s shares were most aggressively and robustly traded this morning, opening yet again two pips Gap Up at $1.82, and raced sharply to $1.88, before actively trading range bound between mostly $1.77 to $1.83.
Here are the highlights:
1) As I mentioned yesterday there would be enormous demand for Vivocom’s shares if the price levels at ($1.70-$1.74) were retested again. Sure enough this came true today.
2. Today’s 1st 30 min showed resilient &strong bullishness of investors and traders as they rushed in in droves to frantically snap up all selling at $ 1.73-1.75 levels.
3. The price rebounded almost instantly to $1.87, which proved that there exists massive demand & support for Vivocom’s shares at the $1.73-$1.75 price levels.
4)The selling is undoubtedly drying up as we could see in 15 minutes chart, with Price Volume Rate of change very healthily showing an exciting exaggerated bullish divergent.
5) This basically said that the bear assault is running out of steam & weakening! (pic 1)
6) My Commonality Analysis also showed that consolidation would continue with healthy Volume(pic 2) !
7) Elliot Waves & patterns of 3/5/3 formations of the past few sessions are pointing to a very high chance of the next big upswing resuming in near term with price targets $2.32/2.45/2.70 being attained sooner rather than later.
I can envisage a stronger n more formidable uptrend in the afternoon session.
Best wishes to all True Followers and Believers of Vivocom, the Surging Bull!
Vivocom’s shares were most aggressively and robustly traded this morning, opening yet again two pips Gap Up at $1.82, and raced sharply to $1.88, before actively trading range bound between mostly $1.77 to $1.83.
Here are the highlights:
1) As I mentioned yesterday there would be enormous demand for Vivocom’s shares if the price levels at ($1.70-$1.74) were retested again. Sure enough this came true today.
2. Today’s 1st 30 min showed resilient &strong bullishness of investors and traders as they rushed in in droves to frantically snap up all selling at $ 1.73-1.75 levels.
3. The price rebounded almost instantly to $1.87, which proved that there exists massive demand & support for Vivocom’s shares at the $1.73-$1.75 price levels.
4)The selling is undoubtedly drying up as we could see in 15 minutes chart, with Price Volume Rate of change very healthily showing an exciting exaggerated bullish divergent.
5) This basically said that the bear assault is running out of steam & weakening! (pic 1)
6) My Commonality Analysis also showed that consolidation would continue with healthy Volume(pic 2) !
7) Elliot Waves & patterns of 3/5/3 formations of the past few sessions are pointing to a very high chance of the next big upswing resuming in near term with price targets $2.32/2.45/2.70 being attained sooner rather than later.
I can envisage a stronger n more formidable uptrend in the afternoon session.
Best wishes to all True Followers and Believers of Vivocom, the Surging Bull!