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Tuesday, January 3, 2012

Good day Wednesday

Dow jones currently up 1.5%. KLCI is likely continue its bullish rally. Market sentiment is quite good these few days, probably you can buy high sell higher at this time of period.

Oil price went up $110 USD. Hmm.. time for oil play?

HIBISCS, MAS, IGB went bull. Congrats for those who has em.

XDL suddenly went bullish. It's a China stock, which means, CNOUHUA went up too. There are some stocks that are related.

Anyway, my stock to watch.

RSAWIT: I am still holding it. Target is 1.04. If volume is bigger than yesterday's it is likely to break 1.04 resistance.

CNOUHUA: Potentially a 1 day wonder. TP 29 cents is possible if volume continues tomorrow.

IGB: Went up too high for me. I will take profit if I have it.

PERISAI: Similiar like IGB, I will take profit if I have it.

MAS: Went up like this, there will be a second round. Testing 1.54 support ant 200d Moving average.

REDTONE: Went up half cent. Low volume, doji, the end? If breaks 0.295, see you at 0.33.

BIMB: Retracing...

MAHSING: Stay away 1st.

Other stock need to be watched: CEPAT.

Goodluck

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