Needless to say, everyone knows that SCOMI is heavily involve in the Oil & Gas sector. Even though the sector has been going down in these couple weeks due to the weaken crude oil price, but most of it’s contracts have been locked in previously. The crude price should not be significantly affecting it’s profit, [...]
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Penny Stocks: SCOMI (Code: 7158) - Trade Opportunity
Penny Stock Tips: DRB HICOM - Weakness!!
After the previous post speaking about the weakness, DRB plunged about 7 cents in a day. I hope those that did not sell previously would have respect your STOP LOSS and sold your position. Support could be at RM1.00.
Penny Stock Tips: DRB HICOM
If you’re still holding on the DRB, RM1.05 should be your STOP LOSS. Sell if it breaks through this level. The volume is low and not encouraging at this moment. Up bar with low volume is sign of weakness.
Penny Stock Tips: Engtex (Code:5056) - Sign to get out
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 [...]
Penny Stock Tips: KUB Trade Review
We bought KUB sometime in mid July and trade was successful after a couple of test on the low. The next resistance will be around RM0.37 - RM0.40. Watch out and trail your STOP LOSS to RM0.375. Good luck!
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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