After a series of big drop in the market, PUBLIC BANK was tested multiple times @ our STOP LOSS - RM9.90. But it was seen to closed about that for four days consecutively. Looking at the weekly chart and it seems like a shake out before rally. Sign of strength. We need to keep our [...]

GAMUDA - Did You Respect Your STOP LOSS??

Did you follow the recommendation in previous post to exit the trade. If you have not and believe that it will rebound some times later, then you have succumbed to the human emotion. This is exact situation which most people will be trapped and become the SHEEP [...]

Ramunia has suffered the same fate as many big counters today. The sell down stopped at RM1.60. Our STOP LOSS is RM1.86.

Gamuda closed at RM2.78, below our STOP LOSS point of RM2.85. This is mainly due to the sell down of KLCI today. Many other counters like Ramunia also suffered from the same fate. I hope that you have respected your STOP LOSS and taken the necessary steps to closed out the trades when it [...]

Wah, Gamuda is beautifully remained in the channel. The next intermediate resistance level could be as near as RM3.05. For less aggressive traders could exit half (or more) of your position when it touches this level and fall back. It is definitely a retracement. For higher risk trader, trail your STOP LOSS @ the trade [...]