Sunday, October 19, 2014

KLSE 2014 Oct20-Oct24 w43 Stocks Focus

This week's stock focus:
                   Entry     Profit Target Stop Loss  Strategy
SMRT        0.59       0.635             0.51           Trend following
ELSOFT    1.28       1.36               1.10           Trend following
SCICOM    1.82      0.56               1.63           Trend following
MYEG        3.46      3.65               3.10           Trend following
As DJIA started to rebound,  I expect next week will be a rebound week for KLSE. The "fundamentally good" stocks such as SMRT, ELSOFT, SCICOM and MYEG are good bets for short term rebound. Happy trading!
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3 comments:

  1. thomasOctober 19, 2014 at 10:03 PM

    Scicom you show downtrend. Entry 1.82; Profit Target 0.56??

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    Replies
    1. UnknownOctober 25, 2014 at 2:47 PM

      Hi Thomas, It's a typo, profit target is suppose to be 2.00. The price on Friday closed at 1.88 (3 days low volume consolidation), currently on track to reach profit target of 2.00

      Delete
  2. thomasOctober 25, 2014 at 10:28 PM

    Thank you for the clarification and keep up the good work here.

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