Bro strategisst, not now, busy with work. I don't have the AWC historical data to analyze. But, when I look at the TA point of view using ChartNexus,

I am seeing

1. double top
2. doji at the top (19/02/16)
3. the shape of the Bollinger Band does not looks good.
4. observe the previous double top against the stochastic, WM%R, ADX(+DI turning down), and MFI.
5. I will just skip and wait until I can access to AWC historical data to further analyze.
6. Fundamental Analysis, I have no ideas.

Bro strategisst, just be careful.

Just my sincere humble opinion.

Bro strategisst, thanks.

@strategisst, "emas Wah Chan" ?

http://www.marketwatch.com/story/expansion-of-the-syrian-war-could-send-oil-prices-higher-2016-02-17

http://www.marketwatch.com/story/expansion-of-the-syrian-war-could-send-oil-prices-higher-2016-02-17

http://oilprice.com/Energy/Oil-Prices/Why-OPEC-Production-Freeze-Could-Pave-The-Way-For-Actual-Cuts.html

http://oilprice.com/Energy/Oil-Prices/Why-OPEC-Production-Freeze-Could-Pave-The-Way-For-Actual-Cuts.html

4 reasons oil scored its best one-day gain in 7 years
...
So what was behind the latest move? Analysts offered 4 key reasons:

1). A renewed possibility of coordinated production cuts
2). Signs of falling production
3). Technical rebound
4). High volume
...
http://www.marketwatch.com/story/4-reasons-oil-is-rocketing-to-its-best-one-day-gain-in-7-years-2016-02-12

@strategisst, me, from Klang. So, MrDiamDaim, Klang guy!

@strategisst, mana kampong?

@MrDiamDiam, drive safely and enjoy your holiday. Kong Hee Fatt Choy to you and good health to you and your family.
05/02/2016 11:05

Look like "abandon baby" candlestick 20/01, 21/01, 22/01, and last 3 trading days.

https://www.google.com/search?q=abandoned+baby+candlestick&biw=1203&bih=890&source=lnms&tbm=isch&sa=X&sqi=2&ved=0ahUKEwimjN7AuN_KAhWnI6YKHS4OAhAQ_AUIBygC

@strategisst, good morning bro.

http://www.reuters.com/article/us-global-oil-idUSKCN0VC02G
Oil rises after Russia says open to talking to OPEC

@timing, you should had collected last 2 days back(Wednesday) where most of the charts were showing the upward movement and accumulation.

Next week, only God knows where it will be heading.

BUT, recent revised budget, the RAPID Pengerang, construction to continue(I received message from Maybank)

Have a cheerful weekend.

@timing, did you missed the timing to enter?

....
Now, Sarawak Report has received more leaked documents showing that LTH has gained a Ministry of Finance guarantee to enable it to invest a further USD228.2 million (almost RM1 billion) in an associate company, TH Heavy Engineering Berhad (THHE) – a loss-making service supplier for Petronas.
A letter from the Ministry of Finance sent on 15th November 2015 confirms approval for a ‘corporate guarantee’, granted by the MOF Chief Secretary of Investment for bank financing for the THHE project, meaning that if the investment fails the taxpayer is committed to bailing out the billion ringgit contract.

Tabung Haji is a 29.81% shareholder of THHE and by far the largest shareholder in the company.

However, a devastating risk assessment shows that not only is the project itself (a planned floating storage vessel named Layang) highly unlikely to deliver the necessary returns, but also that the company THHE itself is itself in a highly precarious financial position.

The ten page assessment produced on 7th January of this year (after approval had already been given by the MOF) describes the risk of a credit default as “VERY HIGH” and the aggregate risk of the entire RM1 billion investment as HIGH!

Given this level of risk, analysts are questioning why the cash strapped LTH is proposing to invest a billion ringgit in the LHHE project and why on earth Najib Razak has agreed to guarantee the bank lending on behalf of the public?

Shocking details from the damning risk analysis include the information that THHE will suffer negative cash flow of up to RM108 million until the delivery of the Layang in the third quarter of 2016.

On top of this liability the firm is facing legal action for outstanding debts totally RM109.7 million.

In all, the risk management profile shows that by entering into the Layang project Tabung Haji, which is THHE’s largest investor, increases its financial exposure to the company from RM424 million to RM1.4 billion!

http://www.marketwatch.com/story/kuwait-says-its-ready-to-cooperate-to-stabilize-markets-2016-01-26?dist=beforebell

http://www.cityam.com/233112/opec-begs-others-to-join-it-in-cutting-production

Lukoil plans reduction of oil output in 2016 due to low price
http://tass.ru/en/economy/851850

http://oilprice.com/Energy/Crude-Oil/Is-A-Russian-OPEC-Production-Cut-In-The-Making.html

http://oilprice.com/Energy/Energy-General/60-Reasons-Why-Oil-Investors-Should-Hang-On.html

TSMC Wins a Land Slide Victory Over Samsung by the 16nm Technology
http://en.ctimes.com.tw/DispNews.asp?O=HK014B0K2R0SAA00NN

Outmatched by TSMC, Samsung Suspends 14nm Expansion Plan
http://en.ctimes.com.tw/DispNews.asp?O=HK0149WDG3WSAA00NK

@Parttimetrader, "nomanland which chart do you use?"

my pair of eyes...

1st. "#4. My Elliot Wave SignalsMulti", for /\ and \/

2nd. I look at "over all" chart direction.

3rd. "#2. Bollinger Band %b and Width" and "#3. My Crossing"

4th. Look at 2nd chart, 1st graph, "My FVE" all the 4 colored lines, above(bull) or below(bear) 0 and the slope of the line. Upward(accumulation) downward(distribution)

5th. look for past similar movement.

6th. look for any entry, exit, just wait it out, or just get on with my work and life.

Happy 2016 New Year.

Always remember and don't forget to hug your love one for more than a minute.

Whether the share market is up, down or sideway. It is good for your soul and consciousness mind.

Have a cheerful Merry Christmas and Happy New Year.

Here is the link for FrontKN
http://klse.i3investor.com/blogs/tobuy/88303.jsp

Bro strategisst, Sumatec, refer to the above link and scroll to the bottom, "More articles on..."
You might want to check out FRONTKN. Based on my chart, beginning of 3rd wave, if not mistaken.

if you all in share trading, US of A, Europe, and China economy is very important.

http://www.investing.com/economic-calendar/

08:30 USD Core CPI (MoM) (Nov) 0.2%
08:30 USD Core CPI (YoY) (Nov) 2.0%
08:30 USD Core CPI Index (Nov) 244.14
08:30 USD CPI (MoM) (Nov) 0.0%
08:30 USD CPI (YoY) (Nov) 0.5%
08:30 USD CPI Index, n.s.a. (Nov) 237.34
08:30 USD NY Empire State Manufacturing Index (Dec) -4.59
08:30 USD Real Earnings (MoM) (Nov) -0.2%

yamatotrading, If I am caught at 0.55, I will just wait it out or average it down with current price(or wait for FED rate announcement then decide). This counter is not for contra.

or wait for API Weekly Crude Oil Stock level (Wednesday, 5:35am), then decide to buy to average down
or wait for Wednesday, 1130pm for US Crude Oil Inventories, Thursday morning, 9:00am, decide...
or just enjoy your wonderful life, and consider your 0.55 as an investment which may or may not give a better return than Fixed Deposit.

Just a simple humble opinion.
Invest wisely.

Have a good evening to you.

RedEmperor ,ThomasTrain, you all, have a good Cheerful Merry Christmas and Happy New Year. :)
Invest wisely.

RedEmperor, coffe rain cheque. tight schedule. Melbourne and Sydney.

Just updated the chart.
http://klse.i3investor.com/blogs/tobuy/82922.jsp

Have a good evening, folks!

ps: I will update the chart until 18/12/2015. I am going Down Under for a month plus, work+holiday.

http://www.platts.com/latest-news/oil/moscow/novak-says-russia-against-global-oil-output-rise-26308450
...
While Novak did not take part in that OPEC meeting in Vienna, Russia is expected to take part in the next expert-level meeting between OPEC and some non-OPEC producers on global oil markets on Tuesday. (15/12/2015)
...

... the Russians are arriving tomorrow...oops! dated 10/12/2015... today... ;)

http://oilprice.com/Energy/Oil-Prices/This-Suggests-An-Oil-Price-Recovery-Might-Be-On-Its-Way.html

http://oilprice.com/Energy/Energy-General/Tick-Tock-Time-Running-Out-for-Struggling-Oil-and-Gas-Drillers.html

http://fuelfix.com/blog/2015/12/08/some-offshore-supply-vessel-companies-teetering-on-bankruptcy/

alex3388, thank for the link.

“Downstream-focused players like KNM Group Bhd ( Valuation: 1.10, Fundamental: 0.85) and Petronas Chemicals Group Bhd ( Valuation: 0.70, Fundamental: 2.70) may see better business profitability due to low oil prices, [but it may be challenging] for upstream-service players like the offshore support vessel and rig players, due to their strong correlation with oil prices should [the] prices continue to stay low,” said Lim.

Crude Oil Inventories -3.568M

http://www.marketwatch.com/story/the-window-dressing-trade-is-yet-more-bad-news-for-oil-2015-12-08

http://oilprice.com/Energy/Energy-General/Strippers-Suffering-From-Low-Oil-Prices.html

http://oilprice.com/Energy/Energy-General/2016-Spells-More-Gloom-For-Oil-Producers.html

Enjoy your reading during lunch time. ; )

My (Bold) 2016 Oil Forecast Will Turn Heads by Dr. Kent Moors

http://oilandenergyinvestor.com/2015/12/my-bold-2016-oil-forecast-will-turn-heads/

Read and digest it. Good for your soul. ;)

Shafi Awong,

In KNM forum, we share information, knowledge, "insider", or guide to assist traders, and investors. If we treat this forum as "night market" or "mamak store", we all lose and invest blindly.

Share market is not a play ground.

Just my humble opinion.

API Weekly Crude Oil Stock -1.900M

@jayawin, link please. I can't find it.

@sarahdeaton, latest or old news. link please.

Samuel Ang,
refer to i3investor KNM's "Headlines News & Blogs" posted by kiasutrader on 8/12/2015
http://klse.i3investor.com/blogs/kenangaresearch/87738.jsp

Think about it after reading the article.

Trade and invest wisely.

Samuel Ang, I don't see any correlation and possible I am wrong. Maybe, the KNM's life line is based on oil projects where investors are assuming it! Just a thought.

Samuel Ang, if you are going to invest in KNM for a long term, start learning and reducing/lowering your cost by averaging. Set your own target principle cost and number of shares.

Be patient and trade wisely.
And remember this "Greed will kills your profit."

ps: I don't play contra or gamble.

For all of us, we are just a small fishes in the KNM share. Just look at the daily volumes and price. If KNM is affected by oil price, the share price will not drop for just a mere 0.005 or 0.010 cents. The fund manager will drop the KNM shares in a large volume if they think KNM does not have a better future.

Think about it.
This is just my simple thought.

mililia, this is what I have been seeing for past weeks. KNM is doing a share buy back, and EPF is progressively buying. Both of them are buying low and small investors is buying high and selling low!

XOX at which stage, Anxiety or Denial?

http://klse.i3investor.com/blogs/tobuy/83713.jsp

When the whales are not selling, why small fishes are selling?

Look at the volumes, past weeks until now.

Interesting, eh!

UPDATE 1-China's Nov crude oil imports up 7.6 pct on yr -customs
...
The country could double strategic oil purchases next year as more tanks become available, according to a Reuters' survey of analysts, challenging the United States as the world's largest crude buyer.
...
http://www.reuters.com/article/china-economy-trade-crude-idUSL3N13W3I620151208