Re-enter market , N2N will be a good future counter.

Today re-enter the market again, only pick up on N2N , believed that N2N will give me very good return in coming 2-3months. today bought in at RM 1.87 , my sixth sense telling me, i can get at least 50% return.

Market update on 28/11/06 1630hrs

Market is fishy now, i have unload all my CA counter and Acoustec.
Rest for a while and see how the market perform and wait for another opportunity.
Happy trading and profitable.

IPOWER

IPOWER is coming to a junction;
1)If Monday can reverse and stay above 1.00 in the afternoob, it has potential to move even higher.
2)If unfortunately, IPOWER go below 0.86, in TPS we will consider game over.

Personally i have exit this counter at average price at 0.995 , if Monday afternoon this counter can above 1.00, i will consider re-enter.

AT systemazation

AT is potential to be expolsived, pls take note.

N2N charting

N2N is almost completed its profit taking correction in tight range trading, pls take note

SUGAR and IPOWER TA view

SUGAR
Basically base on the sugar chart,
1)From July to September is running slow and steady pattern (still got 100% return)
2)From October Onward, the uptrend line has been changed to aggressive uptrend.Believe that in short term will see RM2.50 to RM3.00
3)The above is base on the TA Judgement, Just for the knowledge sharing purpose.

IPOWER
Ipower has break out its short term down trend line,base on the chart theory, it will test on the immediateresistance which located at 1.18, If the 1.18 brakthru is successfully, it will test again on its next level of high which located at 1.47.

IPOWER

Today Ipower is showing its strength , believed that IPOWER will extend its strength to even higher, its price at 1500hrs RM0.90.
pls take note.

Happy trading and profitable.

Bull Run on KLSE market

My last post comment section have mentioned about the Bull run had been started in KLSE market, and this is a golden opportunity for us to gain money from the market and this will be a big money can be gain.

This bull run will be started with the blue chip 100link counter , Example; Tenaga, commerce, Maybank and etc.. , but in order to get a good return in term of percentage, i will not pick up on the mother share, i will rather choose the warrant or Call warrant because the warrant will give even higher return than thier mother share.

In my coming post i will keep updating on my portfolio performance on the KLSE, see attached picture for the detail.

Happy trading and profitable.

Acostec (7120)

Has been so long never update the blog. Yes, is busy on new formula testing and fine tuning, is to acieve a stress free trading.
Acostec (7120) is a stock selection from my formula , target to hold 3 month for a short term trading, not for contra.

28/9/06 closed at RM0.89
Happy trading and profitable.

CFD play: Short Sell Chartered Semiconductor Mfg

CSM started its peak price from S$1.87 (27/4/06) to the lowest price at S$1.03 , the trend of this counter is still in the down trend, the recent technical re-bound has reached to the end.
For CFD play, we would short sell for Chartered and its closing price on 21/8/06 at S$1.20

Mobif

I have received some reader phone call on Mobif, they need to know how will be its performance;
My opinion on Mobif;
1)My system is not to trade on this kind of pattern.
2)I advise them that , if they want to trade in this pattern, they have to prepare money to be loss before they move forward for trading.
3)To trade on this kind of pattern is to catch the technical re-bound.
4)If you dare to catch the technical re-bound , you should pray tomorrow limit down again, which around RM1.24 and this price is suitable for playing technical re-bound.
5)Pls prepare you cut loss and profit taking point.

Good Luck and Profitable Trading.

Speculative counter Technical re-bound

After so many day selling force on Speculative counter , ex: tebrau, eden leader. Finally they start to fight back and technical re-bound, if they can still go and test for their previous high, mean they still potential.
Plantation counter will still lead the market; Ex; IJM plantation.

Market Direction before FOMC meeting

The market has run on sideway for last 6 day after CI reached to 939 , and we have mentioned on 31July06 (last post comment section) that the market will profit taking ;
1)The current support for the profit taking is located at 926 to 928.
2)926 can not be broken, else it will go correction which to be support at 913.
At this point of time , the bullbear indicator still in uptrend but we also need to cautious , because the market has been raised up to 35 points from its recent low (900).

Happy trading

Malaysia Market direction on coming week (early August 06)

Malaysia Market direction on coming week (early August 06)
1)The Market uptrend signal has appeared on the last week.(refer to my last post for the detail)
2)In this stage of uptrend , only some counter can be contra, and it is suitable for position trading.
3)Position trading will allow you to gain more profit than your intraday or contra trading.
4)Only the counter with good momentum are good for position trading, Counter like, Rsawit , BCT tech and etc are good for position trading.
5)Speculative counter like, Eden , Leader will have potential to move higher after its consolidation.

Eden and Leader
1)The eden immediate support to be located at RM0.56
2)This counter has shown its strengthness on last week, if you see this counter can stay above 0.56 then its has higher probabilty to move up.
3)base on the chart, this counter can not below 0.49, if Eden below 0.49 , will be a dangerous sign, pls take note.
4)I dont forcast how much it will raise up, but we will base on the chart signal to execute the exit point.
5)Leader support is located at 0.43 , this counter is a follower of Eden, any major move on Eden will affect Leader too


Happy Trading and Good Luck

BullBear on 25Jul06

1)The early signal has appeared on the uptrend.
2)In the early uptrend, pls donot contra too much, it is suitable for position trading.
3)Position trading will allow you to gain more profit than your intraday or contra trading.
4)Only the counter with good momentum are good for position trading, Counter like, Rsawit and etc are good for position trading.
5)The market now is solid on the CI 100 link counter. but sideway on 2nd and 3rd liner, so donot contra too much.
Happy Trading and Good Luck

Sideway market

As continue from last week, the charateristic of raise of index and fall on counter has signal selling pressure on speculative counter , 2nd and 3rd liner which i have mentioned inside the last post comment section.
Therefore the market now is enter into a sideway market. Honestly , i like the sideway market , we need to standby our capital to fight for a high winning probabilty game, one high profit margin and high probabilty game will appear, Once again, i will update inside this blog, if the signal appear.
Again, in sideway market, pls dont intraday trading and contra, you winning percentage is low.

Market direction update on 19Jul06

Well, we have seem the technical re-bound which expected happen on tuesday(18/7/06) and unexpected sell down on majority speculative counter ex; Iris, MTDinfr , tebrau , Polytwr and etc...

My advice here on short term are;
1)To avoid or side line the speculative counter for a while , we need to wait for the market to be cleared then we start to put in our troops again. Seem like the sell down is target on speculative counter.
2)As i have mentioned many time , our CI have to stay above 915 and steady then our market will extend its strength to another level (early stage uptrend level). the immediate CI support at 898

Happy trading.

Market Direction for very short term.

Market has entered into profit taking correction, its immediate support located at 898 .Market momentun is still intact as long as it can above 900.

By base on today (17/7/06) market movement, its has found to be support at above 900,we can see that market selling force has been reduced, below are the event to be appeared;

1)Technical re-bound will be appeared in short term and the resistance to be located at 915.
2)Since we has exit market on last Friday, we are able to enter market to buy at the cheaper price on technical re-bound.
3)Counter to be monitor for technical re-bound; Sugar , RHB , Tebrau and etc....
4)If you join for the technical re-bound, pls remember to put on your profit taking and cut loss point.

17/7/06 (Monday) closed at 902.7


Happy trading.

Market uncertain and Stay sideline

The crisis on middle east and the oil price is keep increasing, the market is uncertain now . Look back on our CI from 883 to 929 it has been climbed up for 47 point and market has shown slow down on all index. Pls reduce your stake and stay sideline until the market is clear then we start to put in our troops.

NOVA , NSCOM and GHLSYS

The main board counter has been moved for a month, and now its about the time for masdaq counter , the above mentioned NOVA, NSCOM and GHLSYS believe will help to push mesdaq to another level. Please set your profit taking point and cut loss point accordingly.

The closing price for the following counter 0n 7Jul06 are;
1)NOVA-RM0.12
2)GHLSYS-RM0.25 and
3)NSCOM-RM0.245

Even market is profit taking on certain counter and cause index to drop, but the market volume indicate that the KLSE is still intact with the uptrend.

Happy Trading.