Refer to the previous post, a buy recommendation has been put for YTL power. It has broken through the RM1.85 resistance level. Now trail you STOP LOSS. Put the STOP LOSS @ RM1.85 and ride with the profit. Remember, look out for wide spread up bar which close at the low (or could be a [...]

Last week, the Bursa KLOFFE was supported @ 1122 level and retraced back to 1135 level resistance and later closed @ 1134. At this moment, it could still range bound between the 1122 / 1135 level. Therefore it is still not a trading opportunity yet. However, if Monday could break through the 1135 level, KLOFFE [...]

Bursa KLOFFE is still very uncertain after the huge gap down this morning due to the DJIA drop yesterday. The plan now is to stay clear until it drop below 1122 support (short) or breakup today’s high @ 1130 level (long). Seems like volume is low, no demand in the market. Everyone is at the [...]

KLOFFE is seen to be going sideway now. It has tested the low @ 1133.5 - 1138 repeatedly but failed to break through. It is still supported at this level. The activity is low which indicated there’s no demand to push further on the up side either. Therefore it is better to stay out the [...]

A retracement has occurred after open HIGH and drop in the morning. At this moment, the price could either support @ 1135. If it break through this support then it will go further to approx 1122 level.
I’ll stay out in the volatility and trade when the market condition is more stable.