I entered contra liao

The brave of hearts can go in now.

The rebound should happen within 2hrs. or earlier

Recap from yesterday:


qwerty Findings per today's closing:

Trading Expectation tomorrow:
1. Price may dip momentarily tomorrow morning and then start to rebound.

23/09/2014 17:31

It is happening to expectation. If indeed it rebound, then we have a chance to see its recovery pretty soon.

I see price stabilizing at 6.90-6.93 and then move up

Those who want to top up, now's the time before it move up.

PMETAL - I see it rebounding very soon from now

M M S V - surged

This is very good news for P E N T A

Accumulate during dips, if you anyone wishes to buy.

4. Bad doesn't mean end of game. It means that it may take a slightly longer rest say 1 extra week before attempting to move up. Since it has been moving up without taking a break, they may do it now if they wanted it.
We can only know by tomorrow's closing.

Findings per today's closing:

1. Price sitting below Bollinger band which expanded 22% - no good
2. MACD being pressed down - as expected - Good
3. Timing indicators low - Good

Trading Expectation tomorrow:
1. Price may dip momentarily tomorrow morning and then start to rebound.
2. It must close with a green tomorrow to maintain its uptrend.
3. If the above criteria is met, then it might move up 2nd.leg. else, bad.

Another very good counter to buy and hold is: K S L

Big boss controlling the co. now.

Wed. likely to see it stabilizing and start to move up slowly.

It is always recommended not to buy any stock which has broken dwon from its uptrend support. This is because there could be no bottom.

P E N T A - on the move

K T B - I collected this morning.

PJD WC - early last week, I mentioned it has broken down support, told Abby to sell off at 1.05. It has weaken further after losing uptrend support. Since it is in oversold condition, shd expect to see a rebound soon.

I believe PMETAL will be the last day down today. Wed shd start to see a recovery.

G U O C O is always a good buy. Need to hold. Undervalued counter.

K T B - Since Tue seen rebounding, there is hope it can re-start its uptrend again. As mentioned, Mon. could be the last day down.

As mentioned last week, the appropriate price to close is at 7.10
Closing at 7.13 is considered very closed to it. Once it started to
close higher from today, it is most likely to start 2nd. leg uptrend.

EFFICENT is strong

P E N T A - is resting a while, after recharged, will charged back.

KTB - express freezing in order to resume possible uptrend tomorrow.

Then you must also look at the MACD. If its moving up higher and higher, it will take a rest.

Once you see that the price is too high above the EMA lines, it will retrace back or stay there for a while for it to chase up.

KTB, if its going to move up, will be the last day down Monday.
If its not going to move up then Tue. will continue to soften.
Tue. will most likely to move up if its to continue its journey.
Then after a big surge you must sell it off for profit.

Set the EMA to 14.21.45
If the price is above the 3 lines, then it is still under EMA support.

Price must stay above the lines to be well supported

KTB Rights issue:

http://www.nst.com.my/node/35202

UEMS, SOP has broken down from trending support. To be profitable one must not buy a stock which has broken down from its support. Check your stock with the available free stock chart. Set the EMA to 14,21,45. If the stock price is still supported by the lines, then its still not bad. This is only one of the way to scan for a well supported stock. Preferably good for you to attend stock training class to learn faster.

P E N T A >
I'll kepp updating on the status every now and then coz I have also bought it using my PMetal sale.

I believe it can hit RM1.00 in the mid-term (1-2 mths)
Very high possibility to hit 70-80sen within a mth.

Earlier I already bought big qty 200 Lots at 0.35 but sold it at a loss of 3K becoz it hasn't started its engine. Now that it has turn up, I will not let it so so fast. I have been following the development on this stock for sometime and at last it has arrived, similarly to MMSV earlier on which have risen >100%

S A N I C H I - missed this one.

KTB - yes, its possible to rise next Mon.

KTB's RSI already at 81% at this moment. So its good to wait for it to soften more before queuing for top up.

KTB daily chart is at the high, but they are professionally pressing down the other trading indicators. When the trading indicators are fully down, then I think you can strike 63sen and sell of not to buy again.
Good to wait till next week to buy more if you wish.

ABRIC most likely to trend higher again next week.

ABRIC is buying time through sideways trading.

KTB is buying time to continue to move higher.

KTB getting overheated.

But its good to stagger buy coz it has risen too fast.

i see it targetting at least 80sen

Yes, you are spot on, 4u2c . That speaks volume of your investment knowledge .

HAP SENG - Broke out today, very very good stock to buy and keep.

Y I N S O N - it is continuing the 2nd. leg climb now. After hitting the peak it will take a long rest.

PENTA rising today will caused it to get overheated fast. But this is the typical behavior of this stock. I used to earn 10K contra within 3 days some years back. It can be very very aggressive if it wanted to.

What makes you interested in Brahims

Its better for PENTA not to move up today.

If I hv more bullet I would hv entered into SANICHI early morning. But still not too late.

SANICHI - is going to be another BEST buy !

Oh, very good move. Buy more during dips.