![KLSE HOT PICKs](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUzZ3dva9f-O23jqspK6JWMzvBn6HuPkgAhtBWcS2ygJT3MHH6BgmpugGZL1Y4wxmcVS-92aoo_4c0iXMbZJY6_VdiYQwYEGpvgdWwtQ960u6MVvWUztS_xUVknrcmxIcK__sfbg7yOrkA/s1000/stock_market_header.jpg)
The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Monday, 1 August 2011
Case Study - ECM
1. Trendline: Sidway (Neutral)
2. Candle Stick: White long body (Bullish)
3. Bollinger Band: Upper and lower band start to expand (Bullish)
4. Support: Above 20, 50, 200d MA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Bullish Crossover (Bullish)
7. RSI: Rebounce from 50% and touch 70% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution: High buying pressure (Bullish)
Conclusion: 8 Bull 1 Neutral
Entry Price: 0.94
Profit Taking: 0.98, 0.99
Cut Loss: 0.91
Case Study - LINGUI
1. Trendline: sideway (Neutral)
2. Candle Stick: White Body (Bullish)
3. Form higher low (Bullish)
4. Bollinger band : Band is closing, reduce price volatility , pending breakout (Bearish)
5. ADX: Downtrend with weak momentum (Bearish)
6. MACD: Bullsih crossover (Bullish)
7. RSI: Touching 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9 Volume Distribution: High buying force (Bullish)
Conclusioin: 5 Bull 3 Bear 1 Neutral
Entry Price: 1.86
Profit Taking: 1.91, 1.96, 2.02 (TP1), 2.08 (TP2)
Cut Loss: 1.80
Case Study - RSAWIT
1. Trendline: Consolidaton & Sidway (Neutral)
2. Bollinger band: squeeze for 2 weeks and start to breakout, both upper and lower band start to widen (Bullish)
3. Candle Stick: White body (Bullish)
4. Support: Above 20, 50, 200d MA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Bullish crossover (Bullish)
7. RSI: Rebounce from 50& (Bullish)
8. Stochastic: K line rebounce from 50% and break above 80% (Bullish)
9. Volume Distribution: Strong buying force (Bullish)
Conclusion: 8 Bull 1 Neutral
Entry Price: 2.52,
Profit Taking: 2. 60, 2.75, 2.84
Cut Loss: 2.47
Remarks: Beware of high selling pressure close to market end.
Case Study - CUSCAPI
1. Trendline: Sideway (Neutral)
2. Candle Stick: Long white body (Bullish)
3. Support: Above 20, 50, 200 MA (Bullish)
4. Bollinger Band: Breakout with volume (Bullish)
5. ADX: Uptrend with moderate momentum (Bullish)
6. MACd: Bullish crossover (Bullish)
7. RSI: Rebounce from 50& (Bullish)
8. Stochastic: Bullish crossover with signal line cross above 80% (Bullish)
9. Volume Distribution: Strong buying force (Bullish)
Conclusion: 8 Bull 1 Neutral
Entry Price: 0.51
Profit Taking: 0.545, 0.57, 0.60,0.63
Cut Loss: 0.48
Case Study - GUANCHG
1. Trendline: Consolidation & sideway (Neutral)
2. Bollinge Band: Breakout after squeeze for 2 weeks with volume greater than 30d EMA (Bullish)
3. MACD : Forming bottom round and pending to cross 0 (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. RSI: Rebounce from 50% (Bullish)
6. Stochastic: Bullish crossover with signal line break 80% (Bullish)
7. Volume Distribution: High buying force (Bullish)
Conclusion: 6 Bull 1 Neutral
Entry Price: 2.81
Profit Taking: 2.87, 2.98, 3.06
Cut Loss: 2.72
Case Study - YTL
Dear Bro Leung,
Below are the analysis on YTL for your reference.
1. Trendline: Downtrend (Bearish)
2. Support : Below 20, 50, 200 MA (Bearish)
3. Bollinger Band : Both upper & lower band down trend, indication for downtrend (Bearish)
4. ADX: Downtrend with strong momentum (Bearish)
5. MACD: Downtrend (Bearish)
6. RSI : Break 30% (Bullish)
7. Stochastic: Bullish crossover with K line cross above 20% (Bullish)
8. Volume Distribution: Higher buying pressue (Bullish), however, selling force high close to market end.
Conclusion: 3 Bull 5 Bear
Remarks: Generally, the counter is at downtrend, migh temperaly pull back to 20d MA based on candle stick, RSI & STo. In order to release herself from downtrend, she need to break the L1 (Pink) line and form higher low /. higher high. Let's continue to monitor this counter.
Below are the analysis on YTL for your reference.
1. Trendline: Downtrend (Bearish)
2. Support : Below 20, 50, 200 MA (Bearish)
3. Bollinger Band : Both upper & lower band down trend, indication for downtrend (Bearish)
4. ADX: Downtrend with strong momentum (Bearish)
5. MACD: Downtrend (Bearish)
6. RSI : Break 30% (Bullish)
7. Stochastic: Bullish crossover with K line cross above 20% (Bullish)
8. Volume Distribution: Higher buying pressue (Bullish), however, selling force high close to market end.
Conclusion: 3 Bull 5 Bear
Remarks: Generally, the counter is at downtrend, migh temperaly pull back to 20d MA based on candle stick, RSI & STo. In order to release herself from downtrend, she need to break the L1 (Pink) line and form higher low /. higher high. Let's continue to monitor this counter.
Case Study - CBIP
1. Trendline: sideway (Neutral)
2. Bollingerband : Breakout after squeeze with volume higher than 30 EMA (Bullish)
3. Candle Stick : Long white bar (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: Forming bottom round cross 0 (Bullish)
6. RSI : Break up 70% (Bullish)
7. Stochastic: Break 80% (Bullish)
8. Volume Distribution: High selling pressure by big shark to retailer (Bearish)
Conclusion: 6 Bull 1 Bear 1 Neutral
Entry Price: 4.25
Profit Taking: 4.35, 4.46
Cut Loss: 4.21
Remarks: Beware of high selling pressure by Sharks close to market end.
Subscribe to:
Posts (Atom)