Since Dow Jones is up for consecutive 2 days, we highly believe KLSE will follow the global bull rush together and again CIMB will be always proportional with the KLSE index which most highly to follow the trend.
Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Hammer with Bullish Engulfing (Bullish) Sweet!!
3Points
4 Points
Conclusion
Winner BULL
If KLSe goes up and together CIMB break the resistance at 6.94~6.96 it will be a good go for a short punt
Entry Price 6.96
Resistance 7.33 and 7.67
Support at 6.8
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
HWGB MAY ALREADYY IN REVERSAL MODE...INDONESIA HAS HALT TIN INGOT EXPORTS THIS WILL PUSH TIN HIGHER..A GOOD ENTRY PINT WILL BE AT 28 cent level
ReplyDelete37 is the resistance
Yesterday(27Sep2011) I bought spsetia-wb in the morning 40 cent and in the afternoon I sold off spsetia-wb at 44. Today PNB announced it will acquire spsetia-wb 91 cent..Dough! So the lesson here watch for stocks that has corporate dev taht will benefit the company the most..Such stock will be
ReplyDeleteDENKO-Hextar chemical RM 200 million co to be injected into denko.
PUNCAK-trading at very very low price..Puncak just announced buying back all the notes in market. That shows a privatisation on the way. rumour has it IMDB and puncak taking over IWK well most likely IMDB will buy PUNCAK and then takeover IWK
ULICORP- LEGRAND is a very BIG company with market cap 10 billion. Every year there is always ASEAN company that it took over..2010 was Indonesia US 110 million..Ulicorp already sign the MOU only matter of time LEGRAND will sign sealed delivered
TIMELINE for DENKO , PUNCAK, AND ULICORP to JUMP at least more than 50% in value nobody knows it but me
Why didn't I say the things I needed to say
How could I let my angel get away
Now my world is just a-tumblin' down
I can say it so clearly but you're nowhere around.hehe GUDLUCK
No worries my friend slowly we analyze stock and slowly earn back our profit at this short term bull
ReplyDelete