@huatrex I have always trust Systech for long term play. The current down trend is expected to be temporary due to profit taking, world economy and contra play. Once the selling is finished, Systech is expected to resume its uptrend.
dun worry guys maybe tomolo will rebound n i think DJ will have a technical rebound... since Federal reserve cakap no increase interest until June mar..... should be ok la....... have faith la.... i also jump in @0.385 also no scare .....
That dji trick laa.... This was witness after fomc last year... Before d meetin, d price was pressed so much... But after d meeting, rebound like a rocket...
Told you all the critical support is at 36.5 sen. Still standing...not broken yet.
If DJIA drop 400 points tonight and the whole Europe's market collapse and oil reach below US$40 then no need to see...then we are heading to 33.5 sen. Otherwise Systech will rebound back to 38 sen which is the resistant. Stay tuned. Good luck to my brothers...all for one and one for all!
KUALA LUMPUR: BIMB Securities Research expected the FBM KLCI to come under some selling pressure on Thursday after the weak overnight close on Wall Street.
On Wednesday, foreign funds resumed their selling but on a mild scale, with net selling at -RM49mil and retailers continuing to take profit and emerging as net sellers at -RM10.5mil. However, the selling was easily absorbed by the local institutions.
The research house said after the KLCI fell 7.29 points or 0.4% to close at 1,795.88 on Wednesday, “we expect the situation to persist with immediate resistance at 1,801 and support at 1,790”.
Overnight on Wall Street, Reuters reported US stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year.
Concluding their first policy-setting meeting of the year, Fed officials said they would be "patient" on raising rates as they looked past the urgent moves made by other central banks this month to boost their struggling economies.
BIMB Research said Asian equity markets sank on Wednesday following a heavy sell-off in New York, where a string of poor earnings reports stoked concerns about the US economy and put pressure on the dollar.
“Traders are also keeping an eye on Europe as Greece's new anti-austerity government prepares to face off with its international creditors over its bailout,” it said.
Aiyah you all, 1. If I say up, and you buy, then price goes down, how? 2. If I say down, and you sell, then price goes up, how? 3. If I say learn some technical analysis, and you say, kepala pusing, then price goes sideway, how? 4. Every times I buy, price always goes down. Up above must be having fun with me. ;) 5. So, I invest to earn and collect free lots(share) for long term as long I get my principle with some minor profit back, except this KNM + all the oil counter, EFF!
@sonicverse, yes, too many lines. But, the more you look at it, from top to bottom and bottom to top, you can catch some "interesting" event such as like those forumer asking "when is it going up or down or heading!" Cheers ;)
Yes, in technical analysis there are hundreds of indicators....the chart given is complicated for the novice. Maybe you need to invest some money to study technical analysis from sifu Fred Tham the F1 trader.
ozzie75, luckily I am getting busy with lots of contracts lately, next week I won't be updating the chart on daily basic or may stop totally. Based on the charts, I managed to collect free shares from 2 different trading account. Only O+G got stuck, that really pissed me.
When you need some chart, give me a shout at Caspian sea.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kha8008
116 posts
Posted by kha8008 > 2015-01-29 15:16 | Report Abuse
Looking at it, should be around 370... but donno how bad this evening to come...
Still, i hope for lower to jump in...