Looks like it is in the “Accumulation” stage which is a preparation for a rally. It is encouraging to see multiple tests at Rm10.20 - RM10.30 level. Since this is a quality share (fundamentally sound, very profitable company), I would recommend BUY and put STOP LOSS @ RM9.90. This is a medium - long term [...]
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Stock Review: Public Bank BHD (Code: 1295) - Accumulation Stage!
Posted by David Kong in July 29th, 2008
1 Comment
Stock Review: Ramunia..Trail your stop loss!!
Posted by David Kong in July 29th, 2008
According to previous post of buying Ramunia, the trade was profitable. Ramunia has continued the up trend despite of the choppy market today. The stock is heavily lifted by big player like Lembaga Tabung Haji.
Since it is already in the oversold region (couple with diminishing volume indicating less buying interest), it is likely to have [...]
Stock Review: YTL power Berhad - Up trend follow through!!
Posted by David Kong in July 27th, 2008
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 [...]
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- Will be back…
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- bursa CPO - Stopped out! Turn SHORT!
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