DAX up 0.42%. I seems that the war has not ended yet between the bear and the bull in KLSE later.
Here's the stock I will look later:
PROTON: Going to RM 5? Pretty insane stock today. I don't know how to do TA for this, but with this momentum, reaching RM 5 is not easy. Rumours of taking over Proton makes this stock like hot cakes. This reminds me of ESSO, when there was a rumor of taking over. It went up around 1.20 for a day. Whatever it is, if momentum continues, no problem.
MALTON: Testing 0.74 again today and failed. Closed at 0.735 and hopefully it will breach the resistance tomorrow. This stock attracts traders due to Pavilion Reits, which will be listed on this Wednesday, they are related. I am not sure how strong is the relationship between both of them, but if it breaks 0.74, you can buy @ 0.75 and TP at 0.8 for short term.
SMARTAG: Up by 0.025 today. Will go up later. If there's a gap up tomorrow, I will sell it.
MMODE: The chart looks very nice. But will try to stay out first. Bollinger Band rules break, but the rest remain buy, buy if breaks 0.445, TP 0.495.
MAS: Buy @ 1.44 if breaks 1.43
JCY: Looks like it's coming, really soon. As I mentioned earlier post, it has divergence. If buy now, means you are punting for the stock to go up. Enter at your own risk.
E&O: 1.45 breached. 1.46 is the buying price. But went down to 1.43. Can buy anytime I guess. TP 1.54.
DIGISTA: Still a big no, yet.
DIALOG: 2.48 breaches, buy @ 2.49
UEMLAND: 2.28 breaches, Should be able to buy now too. To be safe, buy at 2.30
REDTONE: Buy @ 0.295 if opens below 0.29
That's all for now. .
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