Indecisive Thursday

KLCI from +10 to -9. What a turnaround. Well, the market cannot always go up, I believe this is just a market correction.

DOW Jones is currently flat between 0 and -50 pts. But KLCI might not follow Euro market for the moment as we have a greater concern in our own country.

It's Anwar Ibrahim's verdict on this coming Monday. Is it a big noise? I wonder. But foreign investor might pull their funds out..

Anyway, the stocks..

MALTON: Finally it has some action. Reached a high 71 cents but closed at 69 cents. It will be played soon. Need to break 74 cents to reach 0.825

RSAWIT: Gaped up from 0.975 cents to 0.945 cents. That's a 3 cents swing. Volume is decreasing abit, but I think it is okay for the time being. TP 1.04

MBSB: Gaped up, sold down too. Open 1.96 close 4 cents lower to 1.92. 1.90 is the support level, if break it will turn bearish.

UEMLAND: Waterfall. Will not enter for now.

CEPAT: Gaped up, closed at 1.59. Chart is broken for me, so I will skip this.

HWGB: Any news on Tin? I wonder. Stock of the day. Closed at 0.42 and it is going to test 0.44 (200-MA resistance). It's a huge test.

Other stock to watch: YTLPOWER