Saturday, November 22, 2014

KLSE 2014 Nov24-Nov28 w48 Stocks Focus

KLCI continued trending downwards. If next week KLCI traded below minor support of 1807, more downside will be coming. Caution, patience, and a big heart if you buy stocks in KLCI

This week's stock focus:
                       Return  Entry  Profit Target Stop Loss  Strategy
TDEX           8%          0.25    0.27              0.225        Minor Resistance breakout
SYSTECH     13.3%    0.30    0.34              0.245        Minor resistance breakout
 
TDEX- Enter only if it can stay above minor resistance breakout level of 0.25. High risk trade.

SYSTECH- Enter only if it can stay above minor resistance breakout level of 0.30. High risk trade.

I am focusing on tech stocks for now as it is currently the most positive industry in Malaysia. Happy trading!
Posted by at
Labels: , ,

1 comment:

  1. UnknownNovember 29, 2014 at 10:20 PM

    TDEX never really break and close above 0.25, so no entry. For SYSTECH, I congratulate you if you have exited on 0.335 on intraday, which is very near to profit taking point. Else, please monitor this stock with care as it MACD is trending down.

    ReplyDelete

Subscribe to: Post Comments (Atom)