Welcome back to The Ledger 8 trading desk. When it comes to the stock market, just like in iGaming or calculating automotive performance, success relies on probability, data, and extreme discipline. I don’t chase green candles; I wait for the math to make sense.
Today, my watchlist is focused on two specific Bursa Malaysia counters that are demonstrating a classic, high-probability technical setup: a healthy pullback towards major dynamic support levels.
If you understand the mechanics of moving averages, you know that the MA50 (50-day Moving Average) and MA100 (100-day Moving Average) act as the dividing lines between retail noise and institutional trend-following.
Here are the two stocks currently sitting right in the strike zone:
1. Dayang Enterprise Holdings Bhd (5141)
- Sector: Energy / Oil & Gas
- The Setup: Dayang has recently experienced a technical pullback after a strong run. However, the price action remains firmly above both the MA50 and MA100.
- Burdon’s Analysis: In the O&G sector, volatility is guaranteed. But when a fundamentally sound company pulls back and finds buyers at the MA50/MA100 zone, it signals that the medium-to-long-term uptrend is intact. The “Smart Money” is using this dip to accumulate. Watch for price rejection at these moving averages to confirm the bounce.
2. MN Holdings Bhd (0245)
- Sector: Construction / Underground Utilities
- The Setup: Similar to Dayang, MN Holdings is undergoing a necessary market correction. Crucially, the selling pressure is stalling right as it approaches the MA50 and MA100 support cluster.
- Burdon’s Analysis: Infrastructure and utility plays rely on sustained momentum. Sitting above these key moving averages indicates that the broader market sentiment on MNHLDG hasn’t shifted to bearish. This is a strategic area to monitor for a reversal candlestick pattern.
The Bottom Line
Trading a pullback to the MA50/MA100 offers an excellent Risk-to-Reward (R/R) ratio. Your invalidation level (stop-loss) is clearly defined just below these moving averages. If the data changes and the support breaks, you cut the loss. No emotions, just execution.
(Disclaimer: The information provided on The Ledger 8 is for educational and analytical purposes only. It is not financial advice. Always manage your own risk and capital.)
PEOPLE ALSO ASK (PAA)
- Why are the MA50 and MA100 important in stock trading? The MA50 represents the medium-term trend, while the MA100 represents the long-term trend. When a stock price stays above these lines during a pullback, it generally indicates that the overall bullish trend is still healthy and institutional investors are likely defending their positions.
- What is a “pullback” in the stock market? A pullback is a temporary pause or dip in a stock’s overall uptrend. Smart traders use pullbacks to moving averages as low-risk entry points, rather than buying at the top of a breakout.
- Are Dayang (5141) and MN Holdings (0245) good stocks to buy now? Technically, they are currently sitting at high-probability support zones (MA50/MA100). However, entry should be based on confirmation of a bounce and strict stop-loss management.
- How does Burdon Lee analyze the stock market? Burdon relies on strict, data-driven technical analysis, focusing on price action relative to key moving averages, volume, and institutional money flow, applying the same risk-management principles used in evaluating business metrics and probability algorithms.
Publication Date: March 26, 2026
Written by: Burdon Lee | Samsung S24 Ultra