The Bursa KLOFFE has congested @ the 1150 level. It has been moving sideway with low volume for sometime now. This indicate that the market is not ready to move beyond this level. At this moment, the move will be strong if it moves either way. For short term trader, you could take profit now and enter tomorrow to mitigate the risk of being affected by tonight’s DJIA performance. For medium term trader who is in long position, you could keep the trade and trail your STOP LOSS @ 1146.
You Should Also Check Out This Post:
- 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
More Active Posts:
- Bursa KL Composite Index Monday 14-July 2008 Outlook (2)
- KLSE Stock Tips: Petronas Dagangan Up Thrust After Profit Announcement (2)
- Bursa CPO - Short..Did you? (2)
- Stock Review: YTL Power Berhad (Code: 6742) (1)
- Bursa KLOFFE - Time to go for short term trade (1)
- Stock Review: Public Bank BHD (Code: 1295) - Accumulation Stage! (1)
- Penny Stock Tips: KUB Malaysia Berhad (1)
- Bursa Stock Tips: Ramunia - Buying Opportunity - STOP LOSS @ RM1.60 (1)
David Kong
No User Responded In This Article
Leave Your Comment Below