Bearish Wednesday

Dow Jones is currently down 1%.. Unless there's a dressing in KLCI, expect to see bearish stocks.

Asia markets are currently depending on Western markets due to Euro Crisis. Despite positive news from it, dow jones is still down. Probably a market correction.

Anyway, here's my stock to watch

KNM: Up 5 cents today. Probably another rally for few days, if opens below 0.97, buy at 0.98. Cut loss at 0.85

JCY: Remember that I said JCY is going down. I am wrong. So we learn something here. Market is always right. Bearish divergence is just a guide or alarm, but as long as it is still bullish, the divergence doesn't exists. I will not go in for this stock anymore.

EMICO: Watch out for 0.305 breakout.

PROTON: Touch 4.95 today and dropped back to 4.89. With the volume like this, it will breach 5 anytime soon.

EAH: Bull trap. Nuff said.

BIMB: Starting to retrace. No volume. Will go down back to 1.9x

MALTON: Currently oversold. Somebody enlighten me, what's going on. Suddenly it was adjusted to 0.67 so I am not sure what's going on here.

RSAWIT: Come on, break the 0.905 to confirm a bullish trend.

UEMLAND: Starting to retrace. Beware.

Others: BKOON, CEPAT, AIRASIA, WIJAYA