We bought KUB sometime in mid July and trade was successful after a couple of test on the low. The next resistance will be around RM0.37 - RM0.40. Watch out and trail your STOP LOSS to RM0.375. Good luck!
Archive for July, 2008
Bursa KLOFFE - 30th July Trading Plan
Yesterday, the KLOFFE was seen sideway most of the day (except the last 45 minutes). Volume was very high in the early session, due to the institutional roll-over from July contract. I did not take a position due to the sideway action. Those that have SHORT position should have exit when the price moved [...]
Stock Review: Public Bank BHD (Code: 1295) - Accumulation Stage!
Looks like it is in the “Accumulation” stage which is a preparation for a rally. It is encouraging to see multiple tests at Rm10.20 - RM10.30 level. Since this is a quality share (fundamentally sound, very profitable company), I would recommend BUY and put STOP LOSS @ RM9.90. This is a medium - long term [...]
Stock Review: Ramunia..Trail your stop loss!!
According to previous post of buying Ramunia, the trade was profitable. Ramunia has continued the up trend despite of the choppy market today. The stock is heavily lifted by big player like Lembaga Tabung Haji.
Since it is already in the oversold region (couple with diminishing volume indicating less buying interest), it is likely to have [...]
Bursa KLOFFE - Latest Tip - Revised Position
As predicted, the KLOFFE gapped down due to DJIA performance. So the revised plan will be to go short if break down 1140 on hourly chart (EMA & MACD crosses). Trail STOP LOSS @ 1140. Long if the trend breaks up to yesterday’s closing level (1154).
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- Bursa CPO - Possible Reflection Point
- Bursa CPO - This is the reflection point
- Bursa CPO - it is just too weak…
- Bursa CPO - lossing strength..
- Bursa KLOFFE - Still looking at short
- Bursa KLOFFE - Down Trend if break 1800
- Will be back…
- Bursa CPO - STOP LOSS still intact..
- Bursa CPO - Trail STOP LOSS to 1837
- bursa CPO - Stopped out! Turn SHORT!
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David Kong