Did you capture MYCRON & HLT today?
Have you ever wondered, why some of the alerts are highlighted in yellow while some are highlighted in blue? Both MYCRON and HLT are triggered during the first 30-minute of the morning session, and both are highlighted in blue.
When the alerts are highlighted in blue, it means the particular stock is one of our favorites and momentum picks for the day. These are the counters that definitely worth your attention and spend a minute or two to look through it. For example, MYCRON is one of our momentum picks for the day
MYCRON is triggered this morning under the Daily Rules: Resistance Breakout with High Volume, and 30-Min Rules: [Trend] Pullback Rebound. It is one of our pick for momentum stocks today as we identified the counter formed bullish engulfing with an increased volume.
The Mycron Group is in Industrial Products & Services sector, principally engaged in mid-stream steel cold rolled coil manufacturing and steel tube manufacturing business.
As of HLT, it is triggered this morning on 30-Min Rules: [Trend] Buyers’ Intact. This rule captures upward trending stocks that poised to go higher and continue its rally. When HLT rebounded and broke above its previous day high with increased volume, it met the rules condition and triggered.
HLT Global Berhad is in Industrial Products & Services, principally engaged in the design, fabrication, installation, testing and commissioning of glove-dipping lines.
The daily chart of HLT illustrates the price is going on a strong uptrend, in accordance with the increased demand of glove amid the Covid-19 pandemic.
On the other hand, the yellow highlighted counters are those counters added into your Favorite List. This helps you to be alerted when your preferred and potential counters are triggered on our strategies while monitoring alerts on other counters.
As mentioned during our Facebook Live session on 20th April 2020, REDTONE (0032) is one of the stocks that we are monitoring closely. It has broken above the consolidation resistance while the price is staying above 20-days Moving Average with MACD is above the centerline.
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