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7803 Ruberex (21-Sep, Closed)There is bullish divergence formation over a period of about 4 months. Plus the last 2 candles match as "Bullish Matching Low" pair could perhaps suport a bearish trend reversal. Let's observe if the next candle is a green or white soldier mayhelp to confirm the trend reversal. Trailing stop below 0.840 firm.
7153 KOSSAN (21-Sep, Closed)An early detection of the candlestick "Dragonfly" formation at the bottom of the bearish trend. If the next candle is a green or white soldier, then it may confirmed a bearish trend reversal. On top of that, let's observe also whether the MACD could form a bullish divergence to support the trend reveral. Trailing stop is yesterday low or worst case below 3.00.
2488 AFG (21-Sep, Closed)Today is T+4. The candlesticks combination look like "morning doji star". The next candle appears to be green upward is to confirm the correction trend reversal. The trailing stop is below dynamic BMB20 as shown in the chart. Mid-term trailing stop below dynamic ema31.
1619 DRBHCOM (21-Sep, Closed)Today is T+2 consolidation. RSI is higher than 70 level now. Follow through for the next few days of consolidation. Would see support above dynamic BMB10.
Short term trailing stop below yesterday low.
Mid term trailing stop below dynamic BMB10 or ema31.
2194 MMCCORP (21-Sep, Closed)Finally the Bollinger Band expanded at 3% with price above BMB10. Although the price movement is not much, it is still considered as up swing slightly. Trailing stop below dynamic BMB10. Cut loss below 2.69.
1651 MRCB (21-Sep, Closed)Bollinger Band 10 is expanding at 8% by closing at 2.00 today. MACD is forming round bottom. This is a new high since Mar-2008. The next possible targets are around: 2.20, 2.30, 2.60;
For mid-terms, set the trailing stop below dynamic BMB10 or ema31.
For short term, set the trailing stop at yesterday low.
5099 AIRASIA (21-Sep, Closed)Today it breakouts above 2.15 slightly by closing at 2.16. This is a TOTALLY NEW HIGH with new risk. There is no indicators in position to dictate any negetive movement yet so far. Rather, MACD is also on a total new high too. Most of the indicators still supporting this counter on up trend rally. The next possible targets are around: 2.30, 3.00, 3.20, 3.55. Those who follow, IMPORTANT, please be reminded of the Bull trap, by setting the trailing stop at yesterday low to protect your capital (and or profit) and the RISK is VERY HIGH now. For those already owned this counter in mid to long term may treat BMB10 or ema31 as their cut loss point.
1023 CIMB (21-Sep, Closed)As alerted yesterday the candlesticks may form an evening star bearish signal upon closing RED.
And today it actually confirmed that reversal signal. Short term consolidation is taking place from yesterday with Bollinger contracting at -7% today. Let's monitor for BMB10 as the next support level for rebound to resume rally. Short term trailing stop below yesterday low. Mid term cut loss below dynamic BMB10 or ema31.
5398 Gamuda (21-Sep, Closed)Technically, it attempted to break 3.80 for the last 3 days but unsuccessful. Today it turn a red candle with bollinger reduced in expansion may indicate consolidation. However, overall technically is still considered as up trend intact. Upon consolidation, treats BMB10 as the technical support level for entry point. If BMB10 was not supported, then stay side line monitoring for ema14,21,31 to be next support level. For short term, trailing stop below yesterday low, and for mid term, cut loss below dynamic ema31 or worst case 3.53.
1538 Bolton (21-Sep, Closed)This counter has been consolidating within a decending triangle and is at the apex now. It might breakout anytime from now. MACD and DMI could be in standby positions for the breakout whereas STC, RSI are not mature yet. Let's monitor for next price movement, with picking up in volume above VMA, whether breaking Up or Down? Anyway, prepare the trailing stop position below 0.925 firm.
3395 BJCORP (21-Sep, Closed)MACD just breaks above zero level with RSI at 68, volume above VMA, and Bollinger band is expanding at 25%. Perhaps tomorrow ema may appears a "golden cross" juncture. Now all candles are totally above ema lines for uptrend. For mid term, shall treat the dynamic BMB10 and ema 31 as new supports for cut loss point. For short term, may treat yesterday low as the trailing stop.
5122 Kencana (21-Sep, Closed)
This counter is attempting to breakout above 1.66 recent high with picking up in volume above VMA. Bollinger band is expanding at 32% now. STC and RSI are above 70 level already. MACD is making a new initial round bottom. A few resistant levels are expecting to be broken: 1.86, 1.75-1.81, 1.87. Trailing stop below yesterday low. Cut loss below dynamic BMB10 or ema31.
5122 Kencana (21-Sep, 2:35pm)This counter is attempting to breakout above 1.66 recent high with picking up in volume above VMA. Bollinger band at 14% now. STC and RSI are above 70 level already. Trailing stop below yesterday low. Cut loss below dynamic BMB10 or ema31.
1171 MBSB (21-Sep, 2:20pm)Today is T+4 correction. Let's observe the 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. Cut loss below dynamic ema31 or BMB10.
10:00am ALERT.....FBMKLCI tested 1479.59 exactly double top scenario, unless it could break up above this peak and may test psychological 1500 level, otherwise the concern of further correction may happen. Of course the monitoring activities by end of the day could have better indication.
1538 Bolton (21-Sep, 8:30am)
This counter has been consolidating within a descending triangle and is at the apex now. It might breakout anytime from now. MACD and DMI could be in standby positions for the breakout whereas STC, RSI are not mature yet. Let's monitor for next price movement, with picking up in volume above VMA, whether breaking Up or Down? Anyway, prepare the trailing stop position below 0.925 firm.
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