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2015-06-30 10:10 | Report Abuse
it would seem that our bursa is currently more correlated to shanghai than tokyo; so it could be prudent to watch shanghai closely. apart from that the resistance at 1698.. good luck.
2015-06-30 08:37 | Report Abuse
good morning kawan kawan
domestically all negative news ..abroad yesterday all closed down in terms of percentage much more than our bursa; would this morning a sign of a tidsy bitsy rally from nikkei this morning as well as a positive dow future help to cap the down turn in our bursa today yesterday it broke the support at 1698 and the next support is at 1681.
pantech, fundamentals in term of operational efficiency is just average with the current price deemed as fair has the potential to rise within the two months some analysts made a buy call although there is some net selling from its institutional holders. technically, on the down although there is sign it has bottomed at 64; so doji is a sign of a possible reversal to start wave b (up) so if trade above 66 sen then very likely it is the case with a price target of 68 to 70 sen
heng heng trading
2015-06-29 11:26 | Report Abuse
hahaha greatman ...very true with the soft market rebound at support cannot pakai so too continuous upmove at resistance breakout.
masa rehat then afternoon see see again bye bye
2015-06-29 10:52 | Report Abuse
yeah, but that is because they are allowed to do so; we dont see that sort of monkey business across the causeway.
2015-06-29 10:29 | Report Abuse
rchi what i am seeing now is an extended wave 3 down with hardly any pullback a very bearish sign, likely to go to 1681..then see how sideway/slight rally that would well be wave 4 down. but have to remind oneself that the prevailing price is not a true reflection of its fair value as it is being unfairly manipulated by the issuing house.
2015-06-29 09:55 | Report Abuse
twobits hello a pleasant surprise seeing you here... everything fine with you i guess.
2015-06-29 09:41 | Report Abuse
hk or hg both grossly and unfairly manipulated as it does not reflect the fair market price, way way below...no principle, no integrity on the part of the issuing house
2015-06-29 09:18 | Report Abuse
morning rchi, kikikiki yes go go go 100% for you it shall be..ho say ..enjoy
2015-06-29 08:54 | Report Abuse
hg first tp 18 second 20 (conservative) 21.5 (moderate) 22.5 (aggressive) good luck
heng heng trading
2015-06-29 08:45 | Report Abuse
look see asiaply... resistance breakout last friday; likely to continue up move...tp1 66.5 and tp2 at 75.
2015-06-29 07:11 | Report Abuse
good morning kawan kawan
rchi thanks for the greece update.. eagerly looking forwards to the bursa opening to see the adverse severity of the unwelcomed outcome as a result; could see a temporary respite at 1700 then afternoon europe buka trading will see the direction bursa will move from 1700.
notwithstanding the above, bursa masih on the down trend.
2015-06-26 15:46 | Report Abuse
rchi i am holding tight on hg too hahahaha hk go go go a go go go hg go go go a go go go
2015-06-26 15:32 | Report Abuse
well i think so as it is deemed to be in an upwards move; now going into a pullback with support at 77/78 level... it ought to make a u turn hopefully by next week to 85 /88 level. good luck.
2015-06-26 08:30 | Report Abuse
good morning kawan kawan
the cloudy weather still looming over bursa with more downwards pressure anticipated today.
have a pleasant day.
2015-06-25 16:03 | Report Abuse
kikikiki please lah might as well now throw 14.5 then baru cantik mah. good bye say no more.
2015-06-25 15:54 | Report Abuse
index dropped by as much as 10 basis points yet the price is up by a miniscule of 0.5 sen only and the best part is ppl is queuing to sell NOT buy good luck to all
2015-06-25 15:41 | Report Abuse
need not verify any further, it is a plain clear cut outright manipulation case by the issuing house. period
2015-06-25 15:19 | Report Abuse
alamak 1722 support macam terlepas then next stop would be 1718
2015-06-25 15:01 | Report Abuse
siapa cakap bo lang sudah kata berhati hati di jalan Bursa so we all stop naik kereta, basikal, kereta api and stay home and watch movies lah. selamat like that... greatman, there is a time and place for everything.
2015-06-25 08:12 | Report Abuse
good morning kawan kawan
a friendly reminder, overall tone of bursa remains grumpy.
wish all well and heng heng trading.
2015-06-24 07:40 | Report Abuse
same occurrence also at penta crucial 73.5/74 level; could appear to be more towards taking a sideway trade in the next couple of days.
2015-06-24 07:29 | Report Abuse
good morning kawan kawan
a dark cloud covering mmsv yesterday; today's confirmation to see if the bearish sentiment would persist best to wait for the closing price for this purpose. but an indication could be gauged from the intra day trading watch for the crucial 77.5/78 support level.
take care and good luck.
2015-06-23 10:40 | Report Abuse
fundamentals is excellent; current price is fair or otherwise depends on one's assessment on its probable growth rate of its future earnings.
technically, after hitting bottom at 68 , a buy signal from slow sto and adx and there were gap ups to push the price up however, at 81 sen which was fibo extension 61.8% brought out the profit takers;
so now will have to watch for further signs for buying interests it comes and once it break the 81.5 with volume then we would see the macd and sar followers to come in to take a long position on this counter. in that event, the tp would be 86 sen.
2015-06-23 09:55 | Report Abuse
penta update, attempts to break the impasse at 77.5 were half hearted so slight pullback was expected now awaits new catalysts to resume the assault, on the proviso that the 73.5/74.5 level is not violated. will that occasion arise? what do you think? my take is it will not.
2015-06-23 09:34 | Report Abuse
greatman like your rev looks like going to test 91.5 and if break through, which i think most probably will, then more upside to come kikikiki but fundamental is a longkang stock. good luck.
tj busy again kah
2015-06-23 08:42 | Report Abuse
good morning kawan kawan
as we know our ringgit is weak, overhanged 1mdb, poor oil price and expected downgrading by fitch as well as lack of support from foreign institutions are still real downers on our bursa. nonetheless, wish another good cheering day from bursa today.
good luck to all of us
2015-06-22 11:28 | Report Abuse
technically, it broke out of the peak resistance at 63 yesterday with good volume and is on the up move; it should then go to test 74.5 the previous high. it is now within the trading range of 63 to 69.5 with 66 showing selling pressure. signals are mixed currently.
fundamentally okay with current price of 66 being on a tad high side.
wish it helps greatman.
2015-06-22 10:47 | Report Abuse
congrat on your sam it is bullish may peak at 4.70 if go beyond it then would be on an extended upleg (final). good luck
2015-06-22 08:31 | Report Abuse
good morning kawan kawan
today's meeting to resolve the greek debt affairs would be known; if negative then bursa will be adversely affected, obviously as we all know. so now we await for the outcome of the meeting. this afternoon european markets openings should provide a hint.
good luck to all of us.
2015-06-21 19:27 | Report Abuse
penta, broke peak resistance at 72.5 with volume last friday; anticipate it would continue to go further up with a price objective at 81. completely satisfied with its fundmentals.
2015-06-21 14:23 | Report Abuse
hi rchi well looks a very likely scenario; currently, it is trading within the 1714 and 1727 band. although, the down trend has yet to change its course as reflected by adx, the others like rsi and slow sto are curving up albeit at a very low gradient suggesting a lethargic upwards upleg. and if it does it will slip into another box at 1728 to 1745 range and within this a resistance at 1732 is expected and if breakout of 1745, it would be a start of the new upleg.
so i guess our hg is in dire straits.. will exit next week hopefully the dow foul mood last friday gets into bursa; would be happy to lose the brokerage fees only. kikikiki
a happy sunday to you too.
2015-06-21 13:29 | Report Abuse
cab... technically looks good with a upside bias as it broke out of the resistance level of 1.10 and it is now entering into the second box at 1.12 to 1.17 with 1.15 being the resistance; once 1.17 is taken out we will see 1.20 being the first target price. 1.17 is fibo extension 61.8% where profit taking will take place.. now 1.10 becomes support and the next horizontal support at 1.04; a buy signal from macd on 17/6. since that day rsi crossed 50 and now rose to 60.8 suggesting momentum gaining strength slow sto also bullish with buy mode on. adx also showed a trend reversal. in short, nice.
fundamentally, the price at 1.12 looks reasonable and i would think a fair price is 1.20. however, its operational efficiency is poor. besides that, it has a weak quick of 0.52 which suggest it would face problem meeting its short term cash obligation and also a very high debt to equity.
2015-06-19 16:52 | Report Abuse
yalor greatman bukan senang cari wang last minute pushed the price back to 170 from 176 knn
2015-06-19 16:28 | Report Abuse
why? becos broke 174 resistance and the next stop is at 181
2015-06-19 10:27 | Report Abuse
tj since you beli no 13 hanya provide some backgroung information which hopefully be of use and help in your 88 rounds trading ... bye bye see you next week
2015-06-19 10:07 | Report Abuse
kikiki 12.72 kena pecah kepala if macam itu a strong possibility of marching all the way to... omg 13.00 hope not get carried away by this exciting prospects. good day
2015-06-19 09:55 | Report Abuse
underlying market sentiment is still bearish so berhati hatilah; buat hanya trading should be ok i guess
2015-06-19 09:35 | Report Abuse
kikikiki tj sui sui lah resistance for tenaga is at 12.72 good luck
2015-06-19 07:37 | Report Abuse
good morning kawan kawan
before the news, tnb is already on the correction phase after hitting the high at 16.96... the not well received news outbreak yesterday thus merely created a worsening grumpy mood; please note that it is a sell from macd; yesterday, selling is not categorised as a "throw away" but a measured one...a statement from tnb could well calm investors' nerve...so today we shall wait and see how it goes
strong support is found at 12.60 and at the present price it is deemed a bargain.
merely an expression of opinion on the prevailing condition, no more no less.
2015-06-18 15:09 | Report Abuse
could it be due to the strong resistance at 16 and 17 level? or..?
2015-06-18 15:04 | Report Abuse
general rchi could be most obliged for your views on the rather weak response from hg
2015-06-18 14:24 | Report Abuse
opcom bo lat to push higher due to a lack of buying interests and even if it goes past 80 it would be going into another lull between 80 to 85 zzzzzzz
2015-06-18 14:19 | Report Abuse
duit nice to see you here again..you know what just do what you like to do..may you find happiness in the tips you shared with your friends
itchy itchy kaki judi
2015-06-30 10:17 | Report Abuse
kikiki okie dokie will do see you