Diminishing volume on an up bar is a sign of weakness. The next immediate resistance is at RM1.05. Your Stop Loss should be readjusted to RM1.00 now. Remember, this is only a short term trade. The market climate still does not promise a rally, unless it is otherwise affected by individual company announcement. Sell @ [...]

Doji High Volume appeared in KLOFFE hourly chart. It tried but could not break through 1105 resistance (went up to 1106 momentarily). I short @ 1102 and put Stop Loss @ 1106 (top of the Doji Tail). I believe this is a minimal risk for bigger reward (1090 perhaps).

The Bursa-KLOFFE has rebounded to about 1105 since this morning. However the resistance @ 1105 is strong and a high volume up bar is required to break this resistance. It is expected to retrace back to 1100 level before trying again.
Regional market has once again influenced KLOFFE. However DJIA is showing weakness on the Friday’s [...]

From what we observed on last Friday’s trading, there’re alot of uncertainties how would the market move. It tried to recover from the big drop in the morning, but market was not interested to push it up.
However due to the lower oil price now (Approx USD130 per barrel), a technical rebound is possible (we’re almost [...]

It seems like DRB is “pushing through the supply” on Friday. After days of going sideway, it finally broke out the resistance with good volume.
Due to the political atmosphere now, this presents a very short term opportunity. Buy now and put your STOP LOSS @ RM0.95. Profit objective could be set at RM1.35. But remember, [...]