Tuesday, September 28, 2010

Posted on VK Member site on 17/9/10

28-9-10 Tuesday 8:10 AM
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3379 INSAS (17-Sep, Closed) (May correction, to monitor for higher low)
A triple bottom is observed with bullish breakout from a decending triangle that has been consolidated for more than 3 months. MACD crossed the trigger line approaching zero level. DMI "golden cross" position is well positioned. Let's monitor for the EMA golden cross and RSI above 70 level. A more confirmed breakout is at the level of 0.525 would project to higher possible targets of : 0.550, 0.575, 0.600, 0.628, 0.675. Set the trainling stop below the dynamic BMb10 or ema31.







5142 WASEONG (17-Sep, Closed);
This counter mentioned during 14-Sep, 12:30noon.
An early stage of bullish divergence formation with volume of accumulation is observed as shown in the chart below. But other secondary indicators are not ready for a good rally yet. We should monitor for candles above ema14,21,31, and a higher low formation later for a confirmation of trend reversal. May anticipate a rebound toward 2.15 (around ema31). After then to monitor for a higher low formation. So early bird position with cut loss short below 1.99.








0009 YTLE (Weekly analysis, 17-Sep, Closed)
This counter was mentioned on 23-Aug-10. It is attempting to break out from an ascending triangle at line L1 (~0.830). If break up is successful, the next possible targets are: 0.795, 0.825, 0.870, 0.945, 1.06. However, trailing stop below dynamic BMB10, or ema31 or worst line L2.








3174 LnG (weekly, midterm, 17-Sep, Closed)
An obvious higher low supported by Line L1. ema14,21,31 are still in order sideway presently. Monitor for the possible pick up in volume for next trend movement. Next possible targets are around: 0.520, 0.585, 0.640, 0.685, 0.695, 0.765, 0.865, 1.00. Early bird with trailing stop below dynamic line L1 or worst case 0.42.
3174 LnG (17-Sep, Closed)
Technically, the MACD just crossed above trigger line and close to zero level. Next to monitor is the STC and RSI getting above 70 levels. Ema re-position into order of ema14,21,31. Should new trend were to start, the next possible targets are around: 0.500, 0.520, 0.535, 0.575, 0.585, 0.640. Trailing stop below dynamic BMB10, or ema31, or worst case line L1, firm.








4715 GENM (weekly, mid-term analysis, 17-Sep, closed);
A higher low is clearly formed. Up trend is still intact. Next possibe targets are around: 3.29, 3.52, 3.69, 4.26. Set trailing stop below dynamic BMB10, or ema31, or worst case cut at 3.00.
4715 GENM (17-Sep, Closed)
Technically, uptrend still intact. MACD just crossed the trigger line. Let's monitor for RSI to cross above 70 level for strength. However, should correction were to take place shortly, may use yesterday low as trailing stop in short term, then stay sideline observing BMB10 as next possible support to form another higher. Of course final trailing stop below dynamic line L1 or ema31.








5398 GAMUDA (weekly mid-term analysis)
Broke up recent new high of 3.50 could lead to next prospective targets around 3.93, 4.77, 5.00, 5.80, 6.12. Use ema14,21,31 as up trend price support movement. Trailing Stop below dynamic BMB10 or ema31.
5398 Gamuda (Daily, 17-Sep, Closed)
Technically, up trend still intact. However, should next week were to have a correction, treats BMB10 as the technical support level for entry point. Otherwise stay side line monitoring for ema14,21,31 serve as next support level then. Trailing stop below 3.53 or below dynamic ema31.







6394 Jerneh and -WA: Technically, these two charts are in Bearish Divergence.








6181 MALTON (Weekly, 17-Sep, Closed)
A higher low is supported by the ema14,21 this week. Should next stage of breakout beyond 0.500 is successful, the next possible targets are: 0.540, 0.560, 0.610, 0.640, 0.725, 0.750, 1.060. Trailing stop below dynamic BMB10 or worst case below 0.425.
6181 MALTON (Daily, 17-Sep, Closed)
It slightly breakout of symmetrical traingle with MACD just crossed trigger line above zero level now, and DMI is in a good technical position for new up trend. The ema14,21,31 just positions in order. Should this breakout is successful, the next possible targets are: 0.500, 0.525, 0.545, 0.610, 0.725. Anyway, trailing stop below dynamic BMB10 or ema31 or worst case below 0.425 level.








1619 DRBHCOM (17-Sep, Closed)

It finally break out ascending traingle above the technical level of 1.15-1.18 range... Bollinger band expended 61% now... DMI golden position... if RSI were at 70 level it may gain strength. The next possible targets are: 1.25, 1.28, 1.33; Short term trailing stop could be below yesterday low, and mid-trerm trialing stop could be below dynamic ema31 or BMB10 or L2.








1651 MRCB (17-Sep, Closed)
Today is T+8. Although the BB10 is still contracting at -19%, the RSI has crossed above 70 level indicates that it may have improving in strength. So the next range to break is the recent high of 1.90-1.93. After then, it is a new high since Mar-2008. The next possible targets are: 2.00, 2.20, 2.30, 2.60; However, short and mid-terms trailing stop below dynamic BMB10 or ema31 is persistant;








9679 WCT (17-Sep, Closed)Today is T+2 correction, Monday is T+3. May anticiapte the support level near to ema31 (around 2.86). The trailing stop is below dynamic ema31 (2.85) or worst case below 2.82. However, should a higher low support along the BMB10 or ema31 is observed, the upside prospective targets are: 3.06, 3.12, 3.25, 3.45, 3.60, 3.75;







3395 BJCORP (17-Sep, Closed)

It finally breaks and stays above ema31. MACD is approaching zero level. Let's observe for RSI getting above 70 level and ema14,21,31 approaching golden cross juncture. So monitor in stages of climbing up the reversal order of ema31,21,14 until in turn into ema14,21,31 order for a more stable trend reversal. Remember, for an uptrend price movement, the prices movement has to be above ema14,21,31 order. Still trailing stop is below BMB10.








7277 DIALOG (17-Sep, Closed)This counter has steadily advancing in a gradual pace for last 3 months, until last week it gains strength to start rally with all indicators supporting forward movement. Let's monitor for possible breakout and stays above 1.18 for succesful break out. Trailing stop below dynamic BMB10 or ema31.








6742 YTLPOWR (17-Sep, Closed)
SLOW and healthy break up and supported by the broken resistant of 2.31, supported by ema21 finally hike above 2.35 as shown. Newer high in MACD and RSI>70 are supportive indicators for rising trend. The next possible targets are 2.40, 2.56, 2.64, 2.71, 2.76. Trailing stop below yesterday low or below dynamic ema31 or BMB10.








5131 ZHULIAN (17-Sep, Closed)
There is a double bottom class B bullish divergence. Today hike with bollinger band open 175%.
But MACD still below zero level, and RSI still below 70 level. DMI is at a good crossing juncture.
Let's monitor for a higher low with candlesticks stay above ema14,21,31 for entry point.








4:50pm TENAGA, SIME, and IOICORP pull down the market about 5 points; however, YTLPOWR did push up to close at 2.39... yeah....

4:30pm
Those who has been following YTLPOWR, it seem like it is trying to break up above 2.35 now. Let's monitor ......

1:00pm
FBMKLCI attention has shifted toward 2nd and 3rd liners. They almost carry more than 80% of today's transacted volume upon this morning session thus far. CI components top 5 leaders are GENM, CIMB, AXIATA, PLUS, MAYBANK. Technically, KLCI is considered as bullish but side way consolidation until this morning session.

9679 WCT (17-Sep, 11:30am)
Today is T+2 correction. May anticipate the support level near to ema31 (around 2.88). The trailing stop is below dynamic ema31 (2.85). However, should a higher low support along the BMB10 or ema31 is observed, the upside prospective targets are: 3.06, 3.12, 3.25, 3.45, 3.60, 3.75;








1651 MRCB (17-Sep, 10:50am)
Today is T+8. Although the BB10 is still contracting at -17%, the RSI has crossed above 70 level indicates that it may have improving in strength. So the next range to break is the recent high of 1.90-1.93. After then, it is a new high since Mar-2008. The next possible targets are: 2.00, 2.20, 2.30, 2.60; However, short and mid-terms trailing stop below dynamic BMB10 or ema31 is persistant;








1619 DRBHCOM (17-Sep, 10:10am)

It finally break out ascending traingle above the technical level of 1.15-1.18 range... Bollinger band expended 46% now... DMI golden position... RSI at 70 level will gain strength.. Having this break up, the support level should be treated at range 1.15-1,18 now...
The next possible targets are: 1.25, 1.28, 1.33; The trialing stop is below dynamic ema31 or BMB10 or L2.








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Friday, September 24, 2010

Posted on VK Member site on 15/9/10

24/9/2010   8:45PM (Fri) - This post is late for 1 week, if you need the recent posts, please goto VK Members Blog.

0009 YTLE (Weekly analysis, 15-Sep, Closed)
This counter was mentioned on 23-Aug-10. It is attempting to break out from an ascending triangle at line L1 (~0.830). If break up is successful, the next possible targets are: 0.795, 0.825, 0.870, 0.945, 1.06. However, trailing stop below dynamic BMB10, or ema31 or worst line L2.







6963 VS (Weekly Analysis, 15-Sep, Closed)
A golden cross on ema14,21,31 is happening recently with increased in transacted volume. Almost all secondary indicators are supporting the early up trend momentum, especially the RSI above 70 level with volume above VMA. The rally may get boosted upon breaking above 1.45. Short to middle terms possible target are: 1.70, 1.82, 2.00, 2.12, 2.40, 2.60, 2.80. However, set the trailing stop along the dynamic ema14,21,31 or BMB10.








1171 MBSB (15-Sep, Closed)
Today is T+1 correction. Possible support level ranging from 1.49-1.52 or closed to the BMB10 support. May expecting a higher low formation for next entry point. The next possible targets are: around 1.70-1.76. Short term trailing stop below yesterday low. Mid-term trailing stop below dynamic ema31 or BMB10.








3379 INSAS (15-Sep, Closed)
A triple bottom is observed with bullish breakout from a decending triangle that has been consolidated for more than 3 months. MACD crossed the trigger line approaching zero level. DMI "golden cross" position is well positioned. Let's monitor for the EMA golden cross and RSI above 70 level. A more confirmed breakout is at the level of 0.525 would project to higher possible targets of : 0.550, 0.575, 0.600, 0.628, 0.675. Set the trainling stop below the dynamic BMb10 or ema31.








1619 DRBHCOM (15-Sep, Closed)
This counter has been consolidating within an ascending triangle for almost two months already. Let's monitor the possibility of breaking out closing above 1.15-1.18. The next possible targets are: 1.25, 1.28, 1.33. The trialing stop is below dynamic ema31 or BMB10 or L2.








4405 TCHONG (15-Sep, Closed)
In fact now is a total new high. One could choose to shift your trailing stop to yesterday low to protect your profit. And stay sideline to monitor for next successful higher low as re-entry opportunity. The chance of next possible targets (50-50%) could be around 6.38, if the next trading day's MACD could be higher than previous high. Otherwise bearish divergence may take place. Or hold on to your profit with trailing stop below dynamic BMB10 or ema31.








1368 FABER (15-Sep, Closed)
First day correction after the hike. Perhaps one could set the trailing stop at the yesterday low to protect your profit. And monitor for the possible support ranging from 3.00 to 3.05 or along the dynamic BMB10 in forming another higher low. Set the cut loss below that dynamic BMB10 or line L2.







5099 AIRASIA (15-Sep, Closed)
Today is T+8 after the 1.93 peak. No indicators are in position to dictate any negetive movement yet so far. Most of the indicators still supporting this counter on up trend rally. The next possible target ranging from 2.00 to 2.14. Set the trailing stop at yesterday low to protect your profit as the risk quite high now.







5398 GAMUDA (15-Sep, Closed)
Today candlestick appears as a gravestone candle plus BB10 contracted -20% and a minor convergence on STC, that may indicates short term side way or correction. The possible support level ranging from 3.62-3.68 or dynamic BMB10. Should rally were to continue, the next possible targets are: 3.76, 3.90, 4.12. However, set the short term and mid term trailing stops are below dynamic BMB10 or ema31;







1651 MRCB (15-Sep, Closed)
Today is T+7 with increased in volume. Thus far, it has stayed above 1.87, the next range to break is the recent high of 1.90-1.93. After then, it is a new high since Mar-2008. Up trend still intact with RSI almost approching 70 level. The next possible targets are: 2.00, 2.20, 2.30, 2.60; Short and mid-terms trailing stop below dynamic BMB10 or ema31;








2194 MMCCORP (15-Sep, Closed)
Today is T+8 and T+5 correction supported around 2.70 closed above BMB10. Expecting a more realistic break out and stay above 2.80-2.86 range. After breaking this recent high, it is a new high since Jun-2008.argets. The next possible targets could be 2.86, 2.98, 3.15; However, set the short term and middle trailing stop below dynamic BMB10 or ema31 (around 2.70).








1155 MAYBANK (15-Sep, Closed)
So far all indicators are still bullish support but a "pause" in the market has put this counter in side way movement. Short term profit taking may follow yesterday low approach or trailing stop
to set below dynamic BMB10 or ema14,21,31.








1023 CIMB (15-Sep, Closed)MACD finally crossed the trigger line with newer high but the RSI drops slightly below 70 and BB10 expension reduced from 31% to 4%. The candlesticks appear as a hanging man bearish look. However, today's afternoon session does have volume up picking scenario is a plus. All these mixed indications have put the counter in side way mode with mixed feeling. So far, middle term is still uptrend. Anyway, short term profit taking follow yesterday low approach and mid term cut loss short below dynamic BMB10 or ema14,21,31.







6742 YTLPOWR (15-Sep, Closed)SLOW and healthy break up and supported by the broken resistant of 2.30 and supported by ema14 as shown. Newer high in MACD and Momentum are supportive indicators for rising trend. The next possible targets are 2.40, 2.56, 2.64, 2.71, 2.76. Trailing stop below dynamic ema31.








4:00pm: MRCB is T+7 today. Thus far, it has stayed above 1.87, the next range to break is the recent high of 1.90-1.93. After then, it is a new high since Mar-2008.

4:00pm:
Thus far, it was observed that, technically FBMKLCI has tested 1470 the third time today. If 1470 is sustainable, a continuation may exist. Otherwise, correction may take place from here downward.

9:52am:
PBBANK continues to help FBMKLCI to narrow down the losses at this moment. The last done price is 12:80.

9:15am: Alert on "Big Capital" Correction that pull down FBMKLCI...
At this moment:
Top 5 KLCI30 laggers are Maybank, Ioicorp, Maxis, Genting, SIME.
Top 5 KLCI30 leaders are MISC, PBBank, Axiata, TM, MMCCorp;

9:00am
: Gamuda will be in FBMKLCI30 by 20-Sep to replace Tanjong, read the news below;

8:45am: Keep an eye on KPJ as today is T+4, and MMCorp is T+8 and T+5;

Thursday, September 23, 2010

Posted on VK Member site on 14/9/10

23-9-10 Thurs 9:10 PM
Come to join VK membership if you like to receive an early news like the rest of the VK Members. Please scroll down to the bottom most to view our VK membership, the subsription fees and benefits. The news below are late for 5-6 days.

FBMKLCI is very bullish supported by 5 key CI components throughout the day. They are Maybank, Genting, Cimb, Pbbank, and Ioicorp. Today, there are 504 up counters and 274 down counters with 1.04bil shares transacted that push KCLI further to 1474.44, up +17.48, +1.20%. The last two days transaction is considerably active. All indicators are still bullish thus far.

Of course, rotational plays and corrections are taking every now and then. Just an alert to traders or investors to protect your profit should the respective counters have significant rally for the last 3-5 days.

The 2nd liners may phase in the rally in parallel. Observed for those counters, that had gone through 3-7 days of correction, may have chances to rebound.

5398 GAMUDA (14-Sep, Closed)
Thus far still bullish with volume support. The next possible targets are: 3.76, 3.90, 4.12. Short term and mid term trailing stops are below BMB10 (currently 3.59) or ema31 (currently 3.56);








5185 AFFIN (14-Sep, Closed)
Let's observe for a possible "3 green soldiers" bullish candle formation. The next possible targets are: 3.16, 3.31, 3.54, 3.92. Recommended short term trailing stop at yesterday low approach. Mid-term trailing stop is set below dynamic BMB10 or ema14;








2194 MMCCORP (14-Sep, Closed)
Today is T+7 & T+4 correction , low volume but quite supported around 2.75. Expecting a more realistic break out and stay above 2.80 for higher targets. However, set trailing stop below dynamic BMB10 or ema31 around 2.70.








1651 MRCB (14-Sep, Closed)Today is T+6 correction (low volume). Correction supportive level ranging from 1.75 - 1.80; However, 1.80 level seems strong now. Let's oberve for a possible breaking above 1.87 for another level of rally. Trailing stop below dynamic BMB10 or ema31;








1619 DRBHCOM (14-Sep, Closed)This counter has been consolidating within an ascending triangle for almost two month. Let's observe for the possibility of break up closing and stays above L1 resistance (around 1.15). The next possible targets are: 1.18, 1.23, 1.31. Trailing stop below ema31 or L2 (around 1.10).








1155 MAYBANK (14-Sep, Closed)
Bullish big candle may likely to reflect perhaps another twos to follow. MACD is slightly above previous high now. All other indicators are still bullish support. Profit taking may follow yesterday low approach or trailing stop to set below dynamic BMB10 or ema14,21,31.








1023 CIMB (14-Sep, Closed)
Bollinger band 10 further expended to 31%. Apparently, two bullish green soldiers are seen which likely to follow with another soldier to form a "3 green soldiers" bullish candles. MACD is almost crossing the trigger line with round bottom histogram. Short term profit taking follow yesterday low approach and midterm cut loss short below dynamic BMB10 or ema14,21,31.








2011 Lingui (14-Sep, 4:00pm)

Today is T+3. MACD just crossed the trigger line with rounding bottom histogram. STC is in supportive up swing position. Let's monitor for the candle to stay above ema14,21,31. Set trailing stop below dynamic BMB10.








4243 WTK (14-Sep, 4:00pm)An early detection on a bullish divergence on this counter. MACD already crossed trigger line but just below zero level. Today is T+3. Let's monitor for the possible break out above 1.18. The possible upside targets are: 1.22, 1.27, 1.32. Set the trailing stop below dynamic BMB10 (around 1.09).







5142 WASEONG (14-Sep, 12:30noon)
An early stage of bullish divergence formation with volume of accumulation is observed as shown in the chart below. But other secondary indicators are not ready for a good rally yet. We should monitor for candles above ema14,21,31, and a higher low formation later for a confirmation of trend reversal. May anticipate a rebound toward 2.15 (around ema31). So early bird position
with cut loss short below 1.99.








5878 KPJ (14-Sep, 12:15noon)
Manages to closed above ema14.21.31 with volume today. MACD is very near to zero level. Currently still stays above BMB10, waiting for a little of push to ~3.60 may get MACD reaches zero level. A good momemtum will come upon RSI reaches 70 and DMI comes in order. So this is still at early stage. Should that little push didn't come by, then treats BMB10 and ema14,21,31 as the support levels and set the trailing stop below 3.36.








1171 MBSB (14-Sep, 12:00noon)
This counter were triggered on 8-Sep around 1.43. It finally breaks up above 1.52 with significant volume. All secondary indocators are supporting up swing now. The next possible targets are: around 1.70-1.76. Short term trailing stop below yesterday low. Mid-term trailing stop below dynamic ema31 or BMB10.








2488 AFG (14-Sep, 11:20am)Rebounded from BMB10 3 days ago. Now broke up 3.18, let's monitor it could stay above this level. Short term trailing stop is below yesteray low. Mid-term trailing stop below dynamic ema31 or line L2.
2499 AFG (weekly analysis mid-term)
Observing for the possible break up closing above 3.18. Should the break up is successful, the next potential targets are: 3.30, 3.52, 3.68, 4.07. Trailing stop below dynamic ema31 or worst case dynamic line L2.








11:05 MMCCorp:
today is T+7 & T+4 with support around 2.70-2.75;

11:00am MRCB:
today is T+6 attempting the break up with slightly more volume;1619 DRBHCOM (14-Sep, 9:15am)
This counter has been consolidating within an ascending triangle for almost two month. Let's observe for the possibility of break up closing and stays above L1 resistance (around 1.15).
The next possible targets are: 1.18, 1.23, 1.31; Trailing stop below ema31 or L2 (around 1.10).








9:10am MRCB is attempting to a break up....