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2015-01-06 09:39 | Report Abuse
Bighunter... I didn't think of dji n other mkts when I was away.Yes,i did look at the charts yesterday...I wud be more cautious if it reaches 18625 which I think it wud be the turning pt,Mjr W4 to begin from there for test below 16,000 down to 14,000.Its still within the 5th of extension W3.
2015-01-06 09:17 | Report Abuse
Connie...we shudnt panic if its juz abt the weakening oil prices..bottom is expected at 42 ard for the 1st half of this year.
2015-01-06 08:47 | Report Abuse
Good morning...klci..A break below 1732 supp is expected today within the final downleg which is the 5th corrective downwave from 1768 n I don't c y it shud end below 1705 from here.Wud take this opportunity to buy on weakness for a strong rebound or new high over the short med term.Crucial med term closing pt is at 1701.**current bear is a FAKE**
2015-01-05 10:18 | Report Abuse
bert...hehe tks for the info,didn't bother to find out what it is called.
2015-01-05 10:02 | Report Abuse
Connie...I love the steam boat(lok lok)which is served with hot spicy peanuts gravy,at the beach side.
2015-01-05 09:53 | Report Abuse
Connie...tks for yr recommendation...I like oka too...will buy now with stoploss at0.625.. will get out abv 0.77.
2015-01-05 09:50 | Report Abuse
Connie...there is a minimum target for klci at 1778...I m looking for abv 1800 over the med term.
2015-01-05 09:43 | Report Abuse
Connie...I like yr scgm..I kept telling ppl to buy it when it broke below 1.70...still keeping it for new high abv 2.00.
2015-01-05 09:40 | Report Abuse
Evel...no....if u look at the v short term chart,this is the last downleg,5th downleg from 1768 on one count...it will close abv 1740 today.
2015-01-05 09:09 | Report Abuse
4got something...if possible don't touch the oily stocks..juz leave them alone.
2015-01-05 09:05 | Report Abuse
Good morning n Happy New Year to u all...M in Malacca n will start my trip back to Png after lunch....as regards to KLCI,current downleg appears to be the 4th of w3 which started from 1712 within the ssw4.1740 held well n the next strong support is expected to be seen at 1732 which shud hold for a test at 1778 minimum if 1740 supp is defeated.As I said b4,the phase 4 (ssw4) wud last for quite some time.Its neither a fake bull nor a real bull but its a classic 4th n u wud not break below 1700 so soon or over the next 2-3 weeks from now.Buy on weakness,be positive n good luck.
2014-12-31 14:08 | Report Abuse
Hi....m in JB...klci is still in W3 from 1712 of ssw4 overlapping the equality of W1 at 1761(closing) on 3 consecutive days.Talk to u later...HAPPY NEW YEAR!
2014-12-30 17:05 | Report Abuse
Connie...tq n u have a wonderful time this week*dont get too drunk*ok?
2014-12-30 15:40 | Report Abuse
KLCI..juz a mini correction seen this morning n it appears to be the 4th downleg of the short term uptrend,Current upleg from this morning's low appears to be the 5th upleg targeting for new high close to 1780ard b4 it corrects downward.
Crucial short term sup is at 1740(closing) n next lies at 1732.Will be watching closely n will keep u informed if I c major changes.As todate,i still believe it will make another strong upleg from 1740ish over the short-med term targeting 1786 or even 1805-10....good luck.
2014-12-30 08:55 | Report Abuse
Good morning...short-med term outlook:My views unchanged,its clearly in the final upleg of 1 count.Wud expect 1778 to hold for a correction down to 1740 b4 we can expect to c the next upleg to challenge 1786 or even 1805-10 area.
2014-12-29 16:34 | Report Abuse
Connie....mhb...if it closes abv 1.79..wud be a good buy..at a 2nd look,only a close blw 1.67 wudnt look good..try buy on pullback.
2014-12-29 16:07 | Report Abuse
Connie/tsy...u may want to take a look at mkland..0.46 0r 0.50
2014-12-29 15:53 | Report Abuse
Connie...Overall global mkts wud still green even esp in January 2015.
2014-12-29 15:48 | Report Abuse
RR n oil prices dip wud be a discounted factor from now.Klci is in the classic w4 consolidation phase,n expect it to stay abv 1700 for 2 or 3 weeks more.
2014-12-29 15:40 | Report Abuse
Connie...there is a chance for klci to hit the 1805-15 area in January 2015,everything must exist b4 feb 2015 esp if 1740ard holds on from now,if not,1786 wud be the top.I don't expect to c it lower than 1701-05 area in January even if oil prices ease of towards the lower end of the range.
2014-12-29 12:53 | Report Abuse
Connie...Nada...juz on sidelined...waiting to c mkt correction 1st.Btw,i will be away to johor on wednesday till friday or sunday.
2014-12-29 09:06 | Report Abuse
Coonie...good morning..AA shud find support at 2.60 n shud hold for test at 2.75-80 lvl.stoploss at 2.59.
2014-12-29 08:53 | Report Abuse
Good morning...klci..short term outlook:it appears to me that its in the final upleg of one count from 1671.Immediate resistant lvl is at 1768 n abv it,wud be quite a big risk to chase.Immediate sup is at 1761 which if breached wud expect sup area 1749-51 be tested.A close below 1749 wud call for further downside correction towards 1732.
Short Med term outlook:As I said b4,current ssw4(from 1671) wont be a short-lived upleg n expect to c further upticks with new high after downside correction seen from now.Crucial supp area lies at 1705-12.
2014-12-23 19:08 | Report Abuse
Connie...it moved up 85 pts in juz within 40 hrs,how cud u notice it in yr daily chart.
2014-12-23 17:09 | Report Abuse
Connie...u cant c it daily chart...look at the 5 days chart,w1 moved up classically in 5 waves sequence.
2014-12-23 16:35 | Report Abuse
Connie...my tp for w3 1758-61..is based on equality of w1..1719-1671..so,w5 may be longer than expected.So,we have to c how far w3 can go from here or how low w4 wud turn out to be from the downside correction...ie if it begins at 1737-42 area,then w5 shud exceed my tp 1780ish.
2014-12-23 16:22 | Report Abuse
Seph...the short term correction must come...buy only on pullback.
2014-12-23 16:19 | Report Abuse
I will update u on klci on Monday...HAPPY TRADING N MERRY X'MAS TO U ALL!!!
2014-12-23 16:17 | Report Abuse
klci..as I said b4,i expect current consolidation phase or ssw4 shud last for at least 2 weeks...so,lets c if m rite.
2014-12-23 16:14 | Report Abuse
Klci(update)....Current upleg is w3 of ssw4,starting from 1712(end of w2)n the tp for w3 is at 1758-61 which WILL cap further advances from now.The downside correction,w4 of ssw4*probably after x'mas* shud find support at 1728-32 area b4 w5 comes into the picture for the final upleg which is yet to be anticipated.NOTE:Any downward correction from here or from 1758-61 area,it MUST NOT CLOSE BELOW 1715 WHICH IF BREACHED,SSW4 IS OVER N WE SHUD START COUNTING FOR SSW5 DOWNLEG.I don't expect to c sup area 1728-32 to be penetrated,not over the short term n not b4 it hit 1780ish,my tp.U never know,current uptrend might exceed my tp.Good luck.
2014-12-23 15:13 | Report Abuse
Bracoli....i think i didnt make clear enough...hawk is correct abt k...the overall outlook on tis counter is ok on daily chart...what m trying to say is...dont chase or add at 0.50 n abv for the timebeing...it appears to me 0.455 wud hold for the next upleg.Most counters incl klci shud face a modest correction soon.
2014-12-23 13:39 | Report Abuse
Evel....when prices hitting new high but indicators r not in line...its termed as a bearish or negative divergence..n ..vv.
2014-12-23 11:32 | Report Abuse
Connie...yes..a bullish div..on the contrary of this stk,if prices hit previous high without macd supporting it cud be taken as a bearish div..that means u have to sell on new high.
2014-12-23 11:26 | Report Abuse
Lyy...m not a good tutor...hehe..a guy who hates reading books unlike my elder brothers who were super freshies in universities...hehe..Please don't misunderstand me..m not the selfish type n hope u can learn more from me in this thread.
2014-12-23 11:17 | Report Abuse
Connie..i believe Hawk is the better person when comes to ew analysis as I do use mixed techns,so,it can be complicated.
2014-12-23 11:04 | Report Abuse
Connie...BNM traders were also watching my commentary too...in fact,my boss told me that he visited BNP in Paris,he was told that each trader in the treasury was provided with a monitor to juz watch my updates/commentaries....
2014-12-23 10:54 | Report Abuse
Connie...no notes..i conducted the whole seminar using slides provided by BNM.. sori hehe..
2014-12-23 10:30 | Report Abuse
tsy..its ok..4got to take my money after removing my atm card..went back to collect it within 5 mins...it was gone...hehe
CHRISSYCONN
2015-01-06 10:02 | Report Abuse
Connie...I think oka is a better one.