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Monday, November 7, 2011

KLSE Tuesday's Prediction, sideways...

I am predicting that KLSE later will go sideways.. Anything might happen from now on due to elections.

Dow Jones down 80 points at this moment. Not really a good news for us though..

I received some tips from a group, there are many stocks need to be watched.. I don't think I have the time to cater all of them, probably some few stocks...

MMODE:
Tips says: Enter at 0.39 if breaks 0.375. TP 0.55. Cut loss at 0.28.
My analysis: 11 cent gap to cut loss is 28% of your capital.. Hmm.. formed a resistance at 0.375, if break, yeah.. it will go up... GLC link? People says yes... 0.315 might be a warning sign of bearish.. be careful.
RSI, Stoc shows overbought, high momentum and green signal for MACD. I may want to enter now and TP at 0.37 first.

LEWEKO
Tips says: Enter at 0.2 if 0.185 breaks. TP 0.26. Cut loss at 0.14.
My analysis: This stock has been around at 0.12. Well, if there's the market maker opts to play timber stocks, this stock is worth to play. TP at 0.26 is possible if there's volume. Right now, volume is very low.


SRIDGE:
Tips says: Enter at 0.255 if 0.24 breaks, TP 0.315. Cut loss at 0.195
My analysis: There are big punters recommending this stock weeks ago, and ACE market was being goreng last Friday, this stock has missed the party, perhaps lagging? 0.24 has formed at super resistance, break it, yeah.. it will definitely go up. I have to agree on the tips above.

PMCAP:

Tips says: Enter at 0.105 if 0.9 breaks, TP 0.125 Cut loss at 0.07
My analysis: It's a 30% drop if fails. It's on news, so people might goreng this stock.. Not much info I have on this but putting this into your watchlist might be a good idea.

Now this is the stock I am currently hold on:
JCY: Closed at 0.58. If 0.575 breaks, it's a warning sign. No volume to support. Status is quite terrible.

DIGISTA: Still trading sideways, 0.42 formed a new resistance. Nice volume last Friday, if trend continues, it will break it, (> 2 million)

DRBHCOM: No volume. Closed with doji candlestick. Reversal to bullish please.

As I writing here: DJI is flat now. Hopefully it closes like this today.

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