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, [...]

If you have followed the previous advice, you would have shorted and exit right after share market open on the afternoon session. The high volume DOJI indicated that the market is no longer interested to drop. So reversal was inevitable. Your short position should be closed at 1095 level.
4 DOJI bars in a row means [...]

The Bursa-KLOFFE has followed through the expected downtrend after the technical rebound, mainly cause by the GOOD NEWS in US Market. Remember, good news is sign of weakness. Overall, there’s no indication that the market could gain strength for a Bull move.
However, expect profit taking in next session. Take profit first (if you’re in short [...]

KLOFFE Spot Month showed a technical rebound, after a strong DJIA rebounds. However if you’re in short position earlier, you should close your position once the EMA(7) and EMA(3) crosses and MACD too. When it cross, it is time to close short position and long. Meanwhile, just hang on and observe the EMA & MACD.
Strength [...]

This morning, the Bursa-KLOFFE market gapped up and wanted to push it higher. But to no avail. Then finally drop begins with a high volume down bar. For those who has already got a SHORT position, place your stop @ 1110 (lower risk profile) and 1120 (higher risk profile).
We’ll see whether the drop will have [...]