BIMB starting to retrace but rebound at the support and being hold at the support at 1.96 during the big dip in KLSE. Will this 1.96 support strong enough to hold?
1) Trendline - Uptrend- (Bullish)
2) Formed higher high- (Bullish)
3) MACD -Formed 4G1R(Bearish).
4) RSI - Cut below 70% (Bearish) -
5) Sto - Cut below 80% and formed bearish crossover. (Bearish)
6) ADX - high momentum and bullish ( Bullish)
7) Candle Stick -Dark Cloud (Bearish)
4Points
3 Points
Winner Bear ( Throw down wrestling style)
BIMB is currently retracing and if today with the good push up by the USA index, it might have a strong reversal. If today it went up it may be a starting of a higher low and will test the resistance at 2.09 again
BIMB is currently retracing and if today with the good push up by the USA index, it might have a strong reversal. If today it went up it may be a starting of a higher low and will test the resistance at 2.09 again
Resistance 2.09 and 2.29
Stop loss at 1.95
JCY another stock that dali of malaysian finance blogspot recommends to buy ..Now let see JCY saraburi industrial park factory running as usual ENG and notion stop production..That's a plus point letsee the technical Since its listing 57.5 was the lowest before bouncing back to 82 cent and then came the dreaded august meltdown and JCY go down to 38.5.. All I can say wuth volume still intact and a convicng break of 57.5 we will see 70-75 cent level maybe before November rain.JCY A STRONG BUY AT 53 CENT appears..SPSETIA-WB STILL ON MY MIND
ReplyDeleteDUE TO MAJOR TIDAL WAVES TOMORROW BANGKOK WILL BE GROUND ZERO..TAKE PROFIT JCY AT 61 CENT..STRONG BUY SUPERMX LATEXX ADVENTA KOSSAN AS RUBBER WILL PLUNGE DUE TO 200000 UNITS OF HONDA, TOYOTA(ACCIRDING TO JAPANESE AUTO ANALYST), WILL HALT PRODUCTION DUE TO BANGKOK MAJOR FLOODS. MY HEART AND PRAY TO THE PEOPLE OF THAILAND.. SPSTEIA_WB STILL ON MYMIND
ReplyDeleteGlove makers NOW IS YOUR TURN TO SHINE..LATEX IN BULK NOW ONLY rm7.60 and a break of 7.50 will push latex in bulk below rm7 or perharps 6.50(chart) 60% of glove markers is made up of latex,strong buy supermx,latexx,kossan,adventa,topglov maybe a 20-30% rally towards year end for glove makers
ReplyDeleteSP-setia-wb still on my mund
STRONG BUY GLOVE MAKERS , ADVENTA,IRCB,KOSSAN,LATEXX,SUPERMX..LATEX In BULK IS TRADING AT RM 6.80 From LAST WEEK CLOSING RM7.50 SPSETIA-WB STILL ON MY MIND
ReplyDeleteTime to sell!
ReplyDeleteIm still hoping and looking forward to see a new and established malaysia someday
ReplyDelete