@vaylens Chong..based on KLCI is showing weakness and may short KLCI future as well.. and based on Put warrant due to high premium i have no idea.. SOmebody may answer you about PUT Warrant ..
Alert ! KLCI had tried several times to move above 1766 but failed .Suggest selling wave coming by this Friday onward and will test to break below 1660 level .Any breakout above 1770 then will test 1800 level.
S1:1730 (once breakdown confirm downtrend continue) S2:1670 S3:1600 (posibble rebound before another selling wave)
Disclaimed :This is not a buy or sell call but just for ''Reference Only ''.Gila Saham is not responsible for any lost or misinformation and trade at your own risk
Dow Jones yesterday fall 160 points and closed at 17823 .Based on the chart Dow Jones formed Three Black Crows and this candlestick pattern same with previously when Dow Jones fall 1000 points from 18000 to 17000 .Will this pattern repeat with the same ? MACD and RSI showing negative divergence .
Expecting will fall and break below 17800 by tomorrow .
Disclaimed :This is not a buy or sell call but just for ''Reference Only ''.Gila Saham is not responsible for any lost or misinformation and trade at your own risk
aiya, u see other warrant the premium more higher than this if u calculate one by one, this consider the lowest premium. anyway, our purchase price seem low then the market time to fall down...gonna will have big up for this HB heheh enjoying my coffee now LOL
my gut feeling tells me that when come to Index-linked warrants, maybe should take a contrarian stance for trading purpose. When index is down like now, should buy FBMKLCI-CJ (and other call warrants, instead of Put Warrants) as the invisible hand will aways come in to make sure that the KLCI recovers by afternoon time
for my opinion, i always forecast at first place. so when put warrant is cheap i will collect at first (buy on low, sell on high method. If chase high always end up dying) so like now i collect HB earlier when KLCI up i buy at RM0.245. still keeping since klci just started to drop. when it drop further i will change to other counter, when other counter is cheaper. Icon8888 might correct as well, but for my point of view is now market is up for last month alot, time for it to drop is certain. if icon8888 ask me to join call warrant i better not. i will join call warrant when it drop further downward. because trend now is downward, like always happen in previous year. after year end it will drop further because local fund will lifted out. So i always focus on forecast what will happen only we will buy. (note: not a buy or call sell, just my own investing principle concept and experience happen in many years about KLCI year ended.)
Malaysian economy is affected by the price of oil as we are an oil exporter,track the oil price closely and you have won half the battle.Oil price is determined by supply and demand.Most ppl now emphasied on the supply side saying there is a glut of oil due to shale oil.They tend to overlook the demand side,as global economies slow down there is less demand.Indeed it is a double whammy for oil exporters.Some argue that cheap oil is a boon to consumers,indeed this is true but will the consumer spend more given gst is 3 months away only and when gst is in force will it dampen consumer sentiment again?
True, as long as oil no up, I see no reason KLCI will up. If Dow Jones down, KLCI also will down; If Dow Jones up, US fed will up interest rate, KLCI will down even more. =)
TA side: Dow Jones just failed to closed above 18000 on last trading before 2015 instead fall 160 points and formed Three Black Crows . This pattern is similar with last 3 weeks when DJ reached 18000 and fall 1000 points to hit 17030. Macd and RSI showing negative divergence.
Suggest Dow Jones will start falling and may hit 17350 if 17800 support broken.
FA side : -Greece issue -Us Interest Hike immediate comment -Ringgit weakness -World bank forecast GDP 4.7 compared with BNM 5.0 -oil weakness -2015 April gst -Foreign Reserve falling 11% -China and Europe slowdown -Window dressing over -Malaysia political unstable -Flood issue -etc..
@jocky not sure just personal view only local fund will not support anymore ..2014 already over and window dressing also over ..no point for supporting klci anymore...
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....
simon84
7,147 posts
Posted by simon84 > 2014-12-31 21:43 | Report Abuse
@vaylens Chong..based on KLCI is showing weakness and may short KLCI future as well.. and based on Put warrant due to high premium i have no idea.. SOmebody may answer you about PUT Warrant ..