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
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Wednesday, December 28, 2011
Tuesday, December 27, 2011
Mistake after Mistake
When you trade, you must have a system. Again, because of greed, I broke my system and now I am in losses, again. For the time being, I do contra.
So, what happened?
I did a contra on Proton call warrant. I made 100 plus, I should called it a day. However, due to my greed, I opted to go in again and selling down begun.
In a blink of eye, I made losses 3 times more. I guess which is why most people are on losses rather than earning. If you earn, you are some sort of 10% of earning traders. The rest, loss, that includes me.
And oh, I took a break, so which is why I didn't update here.
Anyway, DAX and Dow Jones are flat. Do you think Christmas rally exists this year? I am wondering too..
Here's my watchlist.
EAH - Many people accumulating, this stock at today's peak @ 0.34. I think it will going to goreng soon. Will watch this.
E&O - Barrel went up $ 100 USD above, probably this is the reason why it shoots up. Volume is good and gapped up, expect to see more from this stock. Enter at 1.48 short term TP 1.56, cut loss 1.36.
PROTON - If trends continue, it should gap up tomorrow. 4.93 is the resistance, perhaps we should wait for it. If breaks, enter at 4.95. TP 5.47. Cut loss 4.42 and below.
BIMB: Astonishing. Formed a spinning top. Indecisive. Low volume, very low. Need more volume to push this up. I am predicting it will go sideways soon.
RSAWIT: Up a cent today. Hopefully it will do well in next few days.
MALTON: Unchanged. Low volume. Will cut loss if reaches below 0.675..
SOme other stocks worth looking
YTLPOWER, KNM, IRCB, BKOON
So, what happened?
I did a contra on Proton call warrant. I made 100 plus, I should called it a day. However, due to my greed, I opted to go in again and selling down begun.
In a blink of eye, I made losses 3 times more. I guess which is why most people are on losses rather than earning. If you earn, you are some sort of 10% of earning traders. The rest, loss, that includes me.
And oh, I took a break, so which is why I didn't update here.
Anyway, DAX and Dow Jones are flat. Do you think Christmas rally exists this year? I am wondering too..
Here's my watchlist.
EAH - Many people accumulating, this stock at today's peak @ 0.34. I think it will going to goreng soon. Will watch this.
E&O - Barrel went up $ 100 USD above, probably this is the reason why it shoots up. Volume is good and gapped up, expect to see more from this stock. Enter at 1.48 short term TP 1.56, cut loss 1.36.
PROTON - If trends continue, it should gap up tomorrow. 4.93 is the resistance, perhaps we should wait for it. If breaks, enter at 4.95. TP 5.47. Cut loss 4.42 and below.
BIMB: Astonishing. Formed a spinning top. Indecisive. Low volume, very low. Need more volume to push this up. I am predicting it will go sideways soon.
RSAWIT: Up a cent today. Hopefully it will do well in next few days.
MALTON: Unchanged. Low volume. Will cut loss if reaches below 0.675..
SOme other stocks worth looking
YTLPOWER, KNM, IRCB, BKOON
Tuesday, December 13, 2011
Wednesday Up
Dow jones is currently up 0.64%. A weak rebound, I guess it's better than nothing.
Today is the warrant day. Most of the warrants went up like crazy. As long as there are good call warrants around, they just... goreng.. them..
Most of the Finance stocks went up. Main reason, I don't know, but it has a trend there.
From MBSB to BIMB then AFG and AFFIN. MBF Holdings up a little. Weird.
My stock to watch.
BIMB: Pretty bad chart. Probably another goreng session. Need to wait for more candlesticks.
MBSB: Now this is a good chart. Opens below 1.82, if breaks, can buy at 1.84. Cut loss at 1.74. I would buy its call warrant too..
AFFIN: Need to break 2.97 to rally.
BERNAS: 3.16, 3.21 resistances. I will wait for more confirmations.
EMICO: 0.28 support. If breaks, bearish, after 0.315, bullish.
DIALOG: Watch out for 2.47
WIJAYA: Doji formed, watch out for reversal. Can buy if 0.725 breaks tomorrow.
MALTON: Doji formed too. Hopefully a breakout, coz i have this.. haha..
Laterz.
Today is the warrant day. Most of the warrants went up like crazy. As long as there are good call warrants around, they just... goreng.. them..
Most of the Finance stocks went up. Main reason, I don't know, but it has a trend there.
From MBSB to BIMB then AFG and AFFIN. MBF Holdings up a little. Weird.
My stock to watch.
BIMB: Pretty bad chart. Probably another goreng session. Need to wait for more candlesticks.
MBSB: Now this is a good chart. Opens below 1.82, if breaks, can buy at 1.84. Cut loss at 1.74. I would buy its call warrant too..
AFFIN: Need to break 2.97 to rally.
BERNAS: 3.16, 3.21 resistances. I will wait for more confirmations.
EMICO: 0.28 support. If breaks, bearish, after 0.315, bullish.
DIALOG: Watch out for 2.47
WIJAYA: Doji formed, watch out for reversal. Can buy if 0.725 breaks tomorrow.
MALTON: Doji formed too. Hopefully a breakout, coz i have this.. haha..
Laterz.
Monday, December 12, 2011
Market seems bad
Dow Jones is currently down, close to 2%. Probably everyone is expecting it, silly me, I had made a mistake today.
Gap Up. My 2 stocks gapped up @ 9.00 am today. MALTON opens 2.5 cents upper, RSAWIT opens 2 cents upper. What was on my mind during that time?
Eventhough they gapped up, I am still at losses. Again, I broke the rules and I lost this opportunity to clear both my stocks before they went down as I am 'praying' them to go up. I was totally wrong. Indeed, they went back down by half cent respectively at the end of closing.
What I have done? I should sell them at losses as they were very likely to go south so I could bought back later. If I had done that, I would minimize my losses. Furthermore, when I did that, the broker rate would be counted as intraday trading, which is 0.15 instead of 0.42.
Learn from mistake. Don't do this again :(
Anyway, my stock to watch for tomorrow.
BERNAS: Buy at 3.18 if opens below 3.16.
RSAWIT: MACD shows red, likely bad sign :( Cutting loss at 0.83
SYF: Not a good sign. But if breaks 75 cents, can buy at 0.76
WIJAYA: Downtrend. Bears arrived early.
EMICO: Buy at 0.35 if opens below 0.34
DATAPRP: Buy at 0.36 if opens below 0.35
KURASIA: Gapped up by 0.15. Doji and likely reversal will happen later.
SANICHI: Gapped down today. What's up? Bad news? If 0.175 breaks, next support will be at 0.15 via FBB. Entering it now is a purely punting. Trade with care.
PROTON & DRBHCOM : Drb is taking over Proton, around RM 6 or RM 7 per share. Worth to watch tomorrow.
Gap Up. My 2 stocks gapped up @ 9.00 am today. MALTON opens 2.5 cents upper, RSAWIT opens 2 cents upper. What was on my mind during that time?
Eventhough they gapped up, I am still at losses. Again, I broke the rules and I lost this opportunity to clear both my stocks before they went down as I am 'praying' them to go up. I was totally wrong. Indeed, they went back down by half cent respectively at the end of closing.
What I have done? I should sell them at losses as they were very likely to go south so I could bought back later. If I had done that, I would minimize my losses. Furthermore, when I did that, the broker rate would be counted as intraday trading, which is 0.15 instead of 0.42.
Learn from mistake. Don't do this again :(
Anyway, my stock to watch for tomorrow.
BERNAS: Buy at 3.18 if opens below 3.16.
RSAWIT: MACD shows red, likely bad sign :( Cutting loss at 0.83
SYF: Not a good sign. But if breaks 75 cents, can buy at 0.76
WIJAYA: Downtrend. Bears arrived early.
EMICO: Buy at 0.35 if opens below 0.34
DATAPRP: Buy at 0.36 if opens below 0.35
KURASIA: Gapped up by 0.15. Doji and likely reversal will happen later.
SANICHI: Gapped down today. What's up? Bad news? If 0.175 breaks, next support will be at 0.15 via FBB. Entering it now is a purely punting. Trade with care.
PROTON & DRBHCOM : Drb is taking over Proton, around RM 6 or RM 7 per share. Worth to watch tomorrow.
Thursday, December 8, 2011
Awkward Friday
Seems like a bearish week. Dow Jones is currently down 135 points.
Damn, I need to clear some of my stocks. Really. I guess it's too much for a bearish week.
My stock to watch later.
DRBHICOM: Went up despite market bearish. Up 6 cents, highest 2.27.. TP 2.35
JCY: The divergence is too high. Better stay out of it.
MALTON: Looking bad here. Cut loss at 0.685
REDTONE: Just can't break 0.285 for the 3rd time. I think I will pass this stock for now.
SYF: Buy at 0.745 if opens below 0.735
WIJAYA: The rally is ended I think, TP now is the best bet if I have it.
Nothing much to talk about now, market is crashing.
Damn, I need to clear some of my stocks. Really. I guess it's too much for a bearish week.
My stock to watch later.
DRBHICOM: Went up despite market bearish. Up 6 cents, highest 2.27.. TP 2.35
JCY: The divergence is too high. Better stay out of it.
MALTON: Looking bad here. Cut loss at 0.685
REDTONE: Just can't break 0.285 for the 3rd time. I think I will pass this stock for now.
SYF: Buy at 0.745 if opens below 0.735
WIJAYA: The rally is ended I think, TP now is the best bet if I have it.
Nothing much to talk about now, market is crashing.
Wednesday, December 7, 2011
Flat Thursday, again.
Dow Jones is recovering from negative points to +20. It's still flat, uncertain yet. It has been bullish for days and I think it's normal for having such situation now. Furthermore, the damn Euro crisis is not over yet.
Hmm, as for KLSE, what has happened today. Proton dropped termendously due to false take over news. same goes to DrbHicom, because they are related. Pavilion Reits got listed today, and people actually goreng Reits from 90 cents to 1.00+. Come on, it's just Reits.
Anyway, my stock to watch later.
MALTON: Dropped 2.5 cents today. If it drops to 0.69, game over, I will cut loss.
SYF: Very aggresive stock yet very yummy. MACD line crossover, buy signal, Momentum high for bullish, and all good signals from all indicators, Watch out for this, I might daytrade this stock.In technical, buy after 0.74.
REDTONE: Struggling to breach over 0.285. Again buy after 0.29.
RSAWIT: Bought at 0.93. TP 0.99 ish. Reason, breakout at 0.89, high volume, buying pressure high.
DIGISTA: Very strong support at 0.445. Buy 0.45, sell around 0.48. If you believe it will go bullish, TP 0.50. For long term, just keep.
BIMB: Selling force so high, but potential breakout, buy after 1.87.
UEMLAND: Upper leg coming? TP around 2.29
UNISEM: Buy after 1.07
I guess it's too late for me to continue. 3.15 AM already.
good luck.
Hmm, as for KLSE, what has happened today. Proton dropped termendously due to false take over news. same goes to DrbHicom, because they are related. Pavilion Reits got listed today, and people actually goreng Reits from 90 cents to 1.00+. Come on, it's just Reits.
Anyway, my stock to watch later.
MALTON: Dropped 2.5 cents today. If it drops to 0.69, game over, I will cut loss.
SYF: Very aggresive stock yet very yummy. MACD line crossover, buy signal, Momentum high for bullish, and all good signals from all indicators, Watch out for this, I might daytrade this stock.In technical, buy after 0.74.
REDTONE: Struggling to breach over 0.285. Again buy after 0.29.
RSAWIT: Bought at 0.93. TP 0.99 ish. Reason, breakout at 0.89, high volume, buying pressure high.
DIGISTA: Very strong support at 0.445. Buy 0.45, sell around 0.48. If you believe it will go bullish, TP 0.50. For long term, just keep.
BIMB: Selling force so high, but potential breakout, buy after 1.87.
UEMLAND: Upper leg coming? TP around 2.29
UNISEM: Buy after 1.07
I guess it's too late for me to continue. 3.15 AM already.
good luck.
Tuesday, December 6, 2011
Wednesday : Mixed
Dow Jones is currently flat, up by 30 points. Sounds like a good news, but not for long I guess.
Today's KLSE is pretty insane. PROTON went down to 4.31, highest was 4.94, lowest 4.00. A ringgit gap here (33%). Rumours says that PROTON will be taken over. Wondering how true it is..
My stock to watch for tomorrow:
MALTON: With Pavilion Reits to be listed, I expect this stock will go up. I sold mine at 0.745 and bought back at 0.730. I am not sure if I am being charged via Intraday rate or normal rate. Will check on my statement later.
REDTONE: Still waiting for 0.29 to breach.
SMARTAG: I should sold it when it reached 0.280. Silly me, I forgot that this stock is supposed to be short term. Now it went down, back to 0.265. However, MACD shows buy signal, perhaps will wait a few more days.
DIGISTA, UEMLAND: No show.
DPS: Looks like it's gonna shoot up soon. 0.205 breaks, but volume is pretty poor. RSI shows oversold, recovering, might be a good buy here enter after 0.21.
DRBHCOM: Gap up, sold down. Perhaps can enter after 2.19.
MAHSING: Volume went up tremendously, RSI in oversold region. Revesal coming soon? Or even more bad news?
JCY: Handle with care. 0.795 is the resistance here, if break then can enter at 0.8. Warning, short term profit only.
HWGB: Technical buy if breaches 0.38.
MAS: buy at 1.44 if 1.43 breaks.
That's all for now. CIao.
Today's KLSE is pretty insane. PROTON went down to 4.31, highest was 4.94, lowest 4.00. A ringgit gap here (33%). Rumours says that PROTON will be taken over. Wondering how true it is..
My stock to watch for tomorrow:
MALTON: With Pavilion Reits to be listed, I expect this stock will go up. I sold mine at 0.745 and bought back at 0.730. I am not sure if I am being charged via Intraday rate or normal rate. Will check on my statement later.
REDTONE: Still waiting for 0.29 to breach.
SMARTAG: I should sold it when it reached 0.280. Silly me, I forgot that this stock is supposed to be short term. Now it went down, back to 0.265. However, MACD shows buy signal, perhaps will wait a few more days.
DIGISTA, UEMLAND: No show.
DPS: Looks like it's gonna shoot up soon. 0.205 breaks, but volume is pretty poor. RSI shows oversold, recovering, might be a good buy here enter after 0.21.
DRBHCOM: Gap up, sold down. Perhaps can enter after 2.19.
MAHSING: Volume went up tremendously, RSI in oversold region. Revesal coming soon? Or even more bad news?
JCY: Handle with care. 0.795 is the resistance here, if break then can enter at 0.8. Warning, short term profit only.
HWGB: Technical buy if breaches 0.38.
MAS: buy at 1.44 if 1.43 breaks.
That's all for now. CIao.
Monday, December 5, 2011
Tuesday: DJI Retracing
Dow Jones is currently up 60+ points. It was up around 100+. Retracing coming?
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. .
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. .
Sunday, December 4, 2011
Monday Stocks.
My analysis
MYEG: Enter at 0.68 ~ 0.685 if opens below 0.675
AIRASIA: Enter at 3.94 if opens below 3.92
DPS: Enter at 0.22 if opens below 0.21 (via FBB)
BIMB: Enter at 1.89 if opens below 1.87
YTLPOWR: Enter at 1.92 if opens below 1.91
Done
MYEG: Enter at 0.68 ~ 0.685 if opens below 0.675
AIRASIA: Enter at 3.94 if opens below 3.92
DPS: Enter at 0.22 if opens below 0.21 (via FBB)
BIMB: Enter at 1.89 if opens below 1.87
YTLPOWR: Enter at 1.92 if opens below 1.91
Done
Thursday, December 1, 2011
Here comes Friday again
Dow Jones now stuck between 0 and -50 pts. Well, I believe it's normal, market correction after the hardcore bull entered the market.
DAX dropped close to 1%. I think it's normal too.
KLSE's today. 1st half was awesome but 2nd half all kaput already. What's going on? Still have no confidence on Euro side? Come on !
Anyway, let's get back to my watchlist.
UEMLAND: Today it gaped up to 2.28, selling down to 2.20. High was 2.30, broke 2.29's resistance. I think it's time to jump in now. It will go up anytime. Alot of souls trapped around that, even big sharks, so I think they won't leave it this way. Furthermore, it's a GLC counter. I will jump in tomorrow.
MALTON: Gaped up by 1.5 cent. In the end dropped to 0.69, from 0.71. MACD show sell signal. I think I have to believe it. If tomorrow drops another cent, I think I will sell it.
MMODE: It's coming? Probably will have another gap up tomorrow. Can buy now TP 0.48
REDTONE: Good chart. Buy at 0.295 if breaks 0.29. Cut loss at 0.26.
WIJAYA: I don't understand this stock.
DIALOG: Watch out. Might be coming
BIMB: Long overdue, what's up ?
AIRASIA: Buy after 3.92 is broken.
JCY: RSI Divergence found. Danger. Maybe I am wrong, but you can't understand the market. Furthermore, Thailand flood has been improved and the hard disk factory has been resumed.
Oh no it's 3.15 now. I better get some sleep
Ciao.
DAX dropped close to 1%. I think it's normal too.
KLSE's today. 1st half was awesome but 2nd half all kaput already. What's going on? Still have no confidence on Euro side? Come on !
Anyway, let's get back to my watchlist.
UEMLAND: Today it gaped up to 2.28, selling down to 2.20. High was 2.30, broke 2.29's resistance. I think it's time to jump in now. It will go up anytime. Alot of souls trapped around that, even big sharks, so I think they won't leave it this way. Furthermore, it's a GLC counter. I will jump in tomorrow.
MALTON: Gaped up by 1.5 cent. In the end dropped to 0.69, from 0.71. MACD show sell signal. I think I have to believe it. If tomorrow drops another cent, I think I will sell it.
MMODE: It's coming? Probably will have another gap up tomorrow. Can buy now TP 0.48
REDTONE: Good chart. Buy at 0.295 if breaks 0.29. Cut loss at 0.26.
WIJAYA: I don't understand this stock.
DIALOG: Watch out. Might be coming
BIMB: Long overdue, what's up ?
AIRASIA: Buy after 3.92 is broken.
Oh no it's 3.15 now. I better get some sleep
Ciao.
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