Hmm Dow Jones went down.. KLCI went too high up, and the window dressing was really ridiculous. The blue chips stocks for the last 15 minutes were being monopolized by the fund manager. I mean, it went up 20 points suddenly.
Based on the observation, I would expect to see a big selldown tomorrow.
While the non blue chips are kinda unaffected, but hopefully it wont jump down together with KLCI.
Anyway, the stocks:
RSAWIT: Went up to 0.925. Peak is 0.945, a very strong resistance. But with the good volume coming up, hopefully it will breakout from it. TP is 1.04
MALTON: Dividen of 2 cents. That is why it is adjusted to 0.655 as support. But the volume is still a big disappointing. Just beware of the support. If breaks, game over.
OLDTOWN: Breakout.on Thursday and corrected to 1.20 on Friday. Volume is low, so I expect it will go back down.
JCY: Simply amazing, too bad, I don't have a big heart to join in the fun.
KNM: Buy at 1.06 if opens below 1.04. Tp at 1.14
Other stock to watch: IGB, MBFHLDG, REDTONE
0 comments:
Post a Comment