Continue to observe Gamuda for these couple days. It is within a trading channel. The next support level could well be RM2.50. You could buy now and put the STOP LOSS @ RM2.50 and take profit (for short term trade) @ once it touches the channel. If you’re in long term trade, you could hold [...]

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 [...]

Doji appear last night and this could be a reversal sign. It tested the low @ approx 1084. Keep an eye on the Bursa-KLCI. The KLOFFE will be affected heavily on how the KLCI doing today.

If you have entered previously, you should have exited at RM7.60 or higher level. The accumulation before the big push indicates that a lot of insiders already knew about the news yesterday (about the record high profit of Petronas. 60++ billion ringgit). The accumulation level is usually shows when the price is sideways with not [...]