ENGTEX did not appear in the blog for buy recommendation due to the fact that it has reached the dangerous overbought area for sometime already. However it was a “hot counter” and was heavily traded by many. It is interesting that the stock of a company that has not been performing could have gone up [...]
Browsing doji™
Penny Stock Tips: Engtex (Code:5056) - Sign to get out
Posted by David Kong in August 11th, 2008
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Bursa KLOFFE - Observe for Exit point
Posted by David Kong in July 28th, 2008
Refer to previous post, a long position call was put if the price is above 1135. Now, it is time to look for exit point as it hit the 1150 resistance point. I would think to exit if DOJI, Up thrust or when the EMA crosses.
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- 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
- Bursa KLOFFE - Down Trend if break 1800
- Will be back…
- Bursa CPO - STOP LOSS still intact..
- Bursa CPO - Trail STOP LOSS to 1837
- bursa CPO - Stopped out! Turn SHORT!
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David Kong