KLSE 2014 Oct13-Oct17 w42 Stocks Focus

This week's stock focus:
                   Entry     Profit Target Stop Loss  Strategy
MBSB        2.63      2.89               2.51            Merger happening between CIMB, RHB Cap and MBSB, TP price is 2.89.
IFCAMSC  0.495   0.56               0.435          Trend following
Since DJIA continue its downward spiral, it is better to hold the buying until Wednesday, it is to observed whether US markets have calm down, for a better probability of these stocks will continue their up trend. Happy trading!

KLSE 2014 Sep29-Oct3 Stocks Recap (1)

SCICOM open at 1.94 on Monday, reaching a high of 2.08, but forming a shooting star at the end. Realistic case is to exit on 2.01, with a modest return of 3.6%

SYCAL open at 0.475, but high selling pressure prevailed, forming dark cloud cover pattern. Any chance of going up failed.

KSSC opened at 0.735 and closed at 0.795. Profit target reached with a 8.1% return.

BJCORP opened 2cents higher than previous Friday's close, the plan is to wait for flag formation on Tuesday or Wednesday. So no trade for BJCORP.

Congratulations for those who traded SCICOM and KSSC. Expect next week to be another volatile week in KLSE. Please trade with caution

KLSE 2014 Sep15-Sep19 Stocks Recap (1)

Here is the recap of last week’s stock focus:

YGL opened at entry price of 0.255 on 15/9/14. Then it reach intra day high of 0.325, touching profit taking point of 0.315. Profit % is 23.5%. Congratulations to those in position! :-)

GOODWAY opened at entry price of 0.565 on 15/9/14. Then it reach intra day high of 0.625 at 17/9/2014, touching profit taking point of 0.61. Profit % is 8% . Congratulations on those in position! :-)

CAREPLS is currently on low volume consolidation. It maintains possibility to rebound. Just take note of Stop Loss point.

MUIPROP- Ascending triangle formation still intact, recommendation is to hold.