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Posted on VK Member site on 1/10/10

2010-10-20T23:35:00.003+08:00

20-10-10 Wednesday 11:15 PM
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7191 Adventa (1-Oct, Closed)
A bullish divergence was formed over a span of one month. The nearer possible resistant levels are around: 2.73, 2.81, 2.90-3.00. Short term trailing stop is below yesterday low. Mid term trailing stop could be below dynamic ema31.

7803 Ruberex (1-Oct, Closed)A bullish divergence was formed over a span of one month. The nearer possible resistant levels are around: 0.940, 0.975, 1.00, 1.11. Short term trailing stop is below yesterday low. Mid term trailing stop could be below dynamic ema31.

4804 TWSCorp (1-Oct, Close)Friday is T+7. The correction has come down to a supportive level ranging from 0.845-0.870. Should Monday were to be another green candle supported by this range, the reversal signal is firmer for rebound from here. The the next possible targets are around: 1.03, 1.14, 1.31. Otherwise should it failed to rebound, then trailing stop is below dynamic ema31.

3395 BJCorp (1-Oct, Closed)After a higher low is observed last week, this counter has to breakout above the resistant level ranging from 1.14-1.17 for up trend to stay intact. Then the next possible targets are around: 1.29, 1.35, 1.40, 1.51, 1.65. Otherwise, the consolidation may persist until either break up or drop below ema31. Should break down below ema31 were to happen, then better preserve capital and stay side line until next reversal signal is observed.

1619 DRBHCOM (Weekly, 1-Oct, Closed)There is a a resistant level ranging from 1.28-1.33 existed for more than 13 months (since Aug-09). This is the third time it's trying to breakout this resistant. Should the breakout is successful, the next possible mid term targets are around: 1.46, 1.65, 1.89. However, if it failed the breakout, then treat yesterday low as the trailing stop to preserve profit.

4715 GENM (1-Oct, Closed)Monday is T+8 force selling day. During these 7 days of consolidation, it has been quite supported at 3.37-3.39. Mid term up trend still intact. So may anticipate for a rebound from this level. However, for short term approach, if it failed at that level better preserve profit then stay sideline monitor until ema31 for next possible rebound. Failing ema31 level, better cut loss to preserve capital and stay sideline for next reversal signals.

3417 E&O (1-Oct, closed)Short and mid terms uptrend still intact. Let's monitor for the breakout above 1.29 then the next possible targets are around: 1.30-1.34, 1.41-1.48, 1.56-1.59.
For short term, trailing stop below yesterday low, whereas for mid term trailing stop below ema31.

5031 Timecom (1-Oct, Closed)
This counter seems consolidating within line L1 and ema31. Let's observe for a possible breakout above line L1 for up trend rally. Otherwise, should it break down below ema31, that could be treated as trailing stop for short and mid terms.

5148 Uemland (1-Oct, Closed)A bearish harami candlesticks appear on Friday closed. For short term, may preserve profit upon below yesterday low. Otherwise, mid term up trend still intact.

5398 Gamuda (1-Oct, Closed, weekly analysis)This counter has broke up recent high and finally closed at 3.98. This could lead to next prospective targets at around: 4.06, 4.15, 4.30, 4.50, 4.80, 5.00. Use ema14,21,31 as up trend price support movement. Trailing stop below dynamic BMB10 or ema31.
For short term approach, use daily chart trailing stop below yesterday low, or below BMb10.

3:50pm Gamuda: Finally, it manages to break up above 3.90 perhaps on the next rally...

2:15pm Evergrn: This counter is consolidating within a symmetrical triangle and is almost at the apex now. A price breakout movement could happen anytime from now. If breakout above L1 with volume, then the next possible targets are around: 1.62, 1.68, 1.80. Otherwise, set the trailing stop below dynamic line L2.

2:00pm Lingui: An early bullish divergence was formed during 8-Sep. And now a higher low is formed for another entry point. Currently it has resumed above BMB10 and ema14,21,31. The next nearer possible targets are around: 1.20, 1.26, 1.32, 1.40. However, the trailing stop could be below dynamic yesterday low, BMB10, or ema31.

1:30pm WTK: An early bullish divergence was formed during 8-Sep. And now a higher low is formed for another entry point. Currently it has resumed above BMB10. The next nearer possible targets are around: 1.15, 1.18, 1.22, 1.27, 1.32. However, the trailing stop could be below dynamic yesterday low, BMB10, or ema31.

10:15:am HAIO: Technically, there is tentative (early stage) formation of Bullish Divergence after yesterday's below BB20 rebound. Tendency of rebound to close a gap at 3.19. Further confirmation of bullish divergence is upon MACD forming a round bottom. Trailing stop below 2.85 firm.

9:40am DAYANG, it is still at the correcting stage at a supportive level of 2,15. worth monitoring through for next rally after correction...

9:40am CMSB and Weida on the move already...
9:30am Worth paying attention to TWS, TWScorp, TWSplnt as they may have consolidated or corrected to somewhere significant support level. Perhaps may see rebound not far away.... take a look at your chart respectively...

9:22am Haio dipped down exceeded BB20 lower band yesterday, so today there is a rebound within BB20 again...

9:20am PBA spike up exceeded above BB20 upper band, may have a profit taking and pull down effect subsequently toward within BB20... worth following through after the correction later...

Posted on VK Member site on 26/9/10

2010-10-16T08:51:00.000+08:00

16-10-10 Saturday 8:15 AM
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The Oct FKLI still unable to break out the BMB10 today but it neither bullish nor bearish, it is consolidates. Although the candlestick still below the BMB10 but it is still supported by EMA14 (the Green line). The daily candle seem to form a Bullish Harami at the closing. This indicates that the trend still supported as bullish biased for today. Please refer to the diagram below.

The Dec FCPO marginally fell below 2700 support level today however it still considers as supported by 2700. The price still supported above the BMB10 and the EMA7/14/21. Right now the price still within the ascending triangle but slowly moving toward the apex of the triangle. Lets monitor the movement for the next few days for either break up or break down the triangle. Please refer to the picture below.

Posted on VK Member site on 23/9/10

2010-10-12T14:14:00.001+08:00

12-10-10 Tuesday 2:15 PM
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8:30pm Just to add on....
Should FBMKLCI not able to re-surface above BMB10 shortly, don't roll on your capital. It is recommended to cash out and preserve your capital for a lower price later... how soon?... May be when there is a next bearish reversal or bullish divergence detection... yet to monitor...

After 5:15pm FBMKLCI Closing:Short term FBMKLCI finally drops below BMB10. As mentioned during morning session, once below BMB10, trailing stop plans with respected to individual counter has to be executed accordingly in order to preserve your profit and/or capital.

FBMKLCI trending downward since morning until end of day and finally closed at 1458.08 (-16.67, -1.13%). The overall market traded volume is 999mil shares transacted with 221 up counters against 523 down counters. Within just today, almost all the indicators are starting to show negative biased. The next nearest possible support level is around 1450 and the next possible upside resistance is around 1465.

Since the FBMKLCI is confirmed closed below BMB10 today, any possible rebound subsequently could be the next opportunity for cashing out from the market for the meantime until FBMKLCI is back above BMB10 again.

7164 KNM (23-Sep, 3:00pm)Today is T+4. Should correction were to take place, may anticipate a possible support level around 0.440 or near BMB10. Trailing stop below BMB10.

3395 BJCORP (23-Sep, 2:50pm)Today is T+2. Anticipated support level around 1.08 or BMB10 or ema14. Trailing stop below BMB10 or ema31.
Bolton 1538 (23-Sep, 2:30pm)This counter seems resisted by the BB20 upper band temporary. Next likely price movement is side way then correct toward BMB10 or up swing after side way. One may consider to take profit first then re-enter when there is next up swing price movement. Short term trailing stop is yesterday low or BMB10, mid term trailing stop is ema31.

1619 DRBHcom (23-Sep, 12:30noon)Today is T+4 day. Currently the candlesticks formation indicates as "Bearish Dark Cloud Cover". Of course it could be further by end of day. The possible support range is 1.20 - 1.18 or dynamic BMB10. Short term trailing stop is below dynamic BMB10 and mid term trailing stop is below dynamic ema31.

5122 Kencana (23-Sep, 12:30noon)Today is T+2 correction. The possible support range is 1.65-1.63, and lower side could dynamic BMB10. Short term trailing stop is below yesterday low or below dynamic BMB10. Mid term trailing stop is below dynamic ema31.

10:30am FBMKLCI is mainly dragged down by the Genting and GenM, others like IOICORP, MAYBANK, CIMB, TENAGA, PLUS. A temporary support is around 1465 to 1463 (BMB10). Should further dip below BMB10, correction may continue perhaps until 1440. So execute your short term trailing stop below yesterday low or below BMB10 whichever apply in order to protect your profit and capitals.

Posted on VK Member site on 22/9/10

2010-10-07T22:42:00.001+08:00

7-10-10 Thusday 10:40 PM
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8346 PRKCorp (22-Sep, Closed)Rebound supported by the ema31. All indicators are in standby position for rally except the RSI is at 50 now. Short term trailing stop is below yesterday low, while Mid term trailing stop is below dynamic BMB10 or ema31.

1538 Bolton (22-Sep, Closed)This counter finally breakout from a descending triangle and closed at 0.975. MACD just crossing the trigger line and almost at zero level now. Volume is picking up above VMA with RSI getting around 62 and STC get to 82 and DMI in good position. Ema14,21,31 are just in order nicely. Short term trailing stop below yesterday low. Mid term trailing stop below BMB10 or ema31.

5094 CSCSTEL (22-Sep, Closed)Price above ema, MACD crosses trigger line and approaching zero level, STC up above 70 level, OBV and MOM are ready. But close monitoring on RSI, DMI, BB10, Volume, and ema arranges in order for rally support.

1651 MRCB (22-Sep, Closed)Beware that a Bearish shooting star candlesticks is formed today may indicate correction or side way price movement may take place from next candle onwards. Short term trailing below yesterday low, and mid term trailing stop below dynamic BMb10 or ema31.

5099 AIRASIA (22-Sep, Closed)The candlesticks appear as Bearish Dark Cloud Cover today. So correction or side way movement may take place from next candle to be onwards. Short term trailing stop is below yesterday low, while mid term trailinmg stop below dynamic BMB10 or ema31.

9679 WCT (22-Sep, Closed)After correction rebound is observed supported by the BMB10. So a higher low is formed, next will be monitoring for breaking up above recent high of 3.06. Most of the indicators are in position to support rally. Successful breakout may lead to the next possible targets at around: 3.12, 3.25, 3.45, 3.60, 3.75. However, short term trailing stop could be set below yesterday low, and mid term trailing stop could be below dynamic BMB10 or ema31.

4235 LIONIND (22-Sep, Closed)This counter is observed with Bollinger Band expanded with 24%. MACD is moving above previous high. Let's observe the possibility of breaking out above the line L1 that may anticiapate for next rally. All other indicators are on the uptrend support. The next possible targets are around: 1.85, 1.96, 2.20, 2.20. Should correction were to take place below the line L1, then treats BMB10 as the next support level for another entry point. Trailing stop below yesterday low for short term and trailing stop below BMb10 or ema31 for mid term.

5060 KINSTEL (22-Sep, Closed)This counter breakout of a symmetrical triangle intraday but was retracted at closing within triangle again. Although MACD crosses the trigger line with 60% buy rate volume picking up significantly above VMA, other indicators almost resume positions. However, DMI is still in good standby position to take off. Let's monitor for ema to be twisted into good order and bollinger band in expansion. Short term trailing stop below yesterday low, whereas mid term could set the trailing stop below BMB10. Worst case cut below 0.830.

5146 PERWAJA (22-Sep, Closed)There is an Bullish divergence was observed as per chart below. The volume is increased significantly but was at 44% buy rate. With red closing price 1.04, the MACD slightly diverts away from the trigger line. But the DMI seems to be in good standby position for rally or reversal mode. With this mixed signals, better stay side line until confirming reversal to happen. Otherwise, it may just trigger below 1.04, by thenthe bullish divergence is nullified. So Cut loss below 1.04 is firmed. Stay out until next reversal of signals.

4235 LIONIND (22-Sep, 4:05pm)This counter is observed with Bollinger Band expanded with 24%. MACD is moving above previous high. Let's observe the possibility of breaking out above the line L1 may anticiapate for next rally. All other indicators are on the uptrend support. Should correction were to take place below the line L1, then treats BMB10 as the next support level for another entry point. Trailing stop below yesterday low for short term and trailing stop below BMb10 or ema31 for mid term.

5146 PERWAJA (22-Sep, 4:00pm)There is an Bullish divergence was observed as per chart below. The volume is increased significantly and the MACD almost crossingthe trigger line plus DMI is in good standby position for rally or reversal mode. Trailing stop below 1.04 firm.

3:30pm Let's monitor those Steel counters from now onward.... eg. Perwaja, Melewar, Annjoo, SSteel, Tatgiap, CSCSteel, Lionind,...

5060 KINSTEL (22-Sep, 3:30pm)
This counter breakout of a symmetrical triangle with Bollinger Band expanded 21% above BMB10 now. MACD crosses the trigger line with volume picking up above VMA . STC is abive 70 level except awaiting for RSI just merely above 50. And DMI is in good standby position for rally except the ema has not arranged in order. Short term trailing stop below yesterday low, whereas mid to long term could set the trailing stop below BMB10. Worst case cut below 0.830.

9:15am BJcorp is at the "golden Cross" juncture.....

9:10am ALERTS....Both Handal and Malton are out of BB20 green band...

Posted on VK Member site on 21/9/10

2010-10-05T14:07:00.000+08:00

5-10-10 Tuesday 2:10 PM
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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.

.

Posted on VK Member site on 20/9/10

2010-10-02T22:26:00.000+08:00

2-10-10 Sun 10:10 PM
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5098 MASTEEL (20-Sep, Closed)This has gone thorugh a bullish divergence and now the prices has stayed above ema14,21,31 which is at "golden cross" juncture. Let's observe for a higher low for next entry point which may be expected to be above BMB10 or ema31. Of course, trailing has to be below the dynamic BMb10, or ema31.

2976 DNP (Weekly, Midterm, 20-Sep, closed)Most indicators are in uptrend supportive positions. Worth using the ema14,21,31 and BMB10 as trend trading for the future price movement. The next possible targets are around: 1.59, 1.80, 1.89, 2.1, 2.19, 2.30. Trailing stop below BMB10 or worst case below ema31.

9679 WCT (20-Sep, Closed)Today is T+3 correction and technially is observed supported by the BMB10. Should this rebound successful, then a higher low could be formed. The upside possible targets are around: 3.06, 3.12, 3.25, 3.45, 3.60, 3.75; However, the trailing stop is below dynamic BMB10 or ema31.

3395 BJCORP (20-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. The price should sill be supported above BMB10. Otherwise, set the trailing stop is below BMB10.

5122 Kencana (20-Sep, Closed)For the past 5 trading days, the volumes were sustained above VMA. Technically, the prices are supported by the ema14. Today is T+8 may be ending the correction and could possibly rebound upward from here. Let's monitor for the expansion of Bollinger Band for next action. The next possible targets are around: 1.68, 1.75, 1.81, 1.87. However, must prepare the trailing stop below dynamic BMB10 or ema31 or worst case below 1.56.

2194 MMCCORP (20-Sep, Closed)Today is quite critical because of the Bollinger band contracted -73% to where the price fluctuation is limited. Next to observe is: when Bollinger open, the price stays above or below BMB10. If below BMB10, it could be negative swing, however, if above BMB10, it is positive upward. Cut loss below 2.69.

1619 DRBHCOM (20-Sep, Closed)The price is above BB20UB and not higher than 1.21 may indicate that a short term side way consolidation or minor correction with support level ranging from 1.15-1.18 (Line L1). Would observe for RSI to stay above 70 level for uptrend intact. However, prepares cut loss below dynamic line L2.

1961 IOICORP (20-Sep, closed)Today is T+3, technically it is supported by the BMB10. Prospectively, the uptrend is still intact. Should it breakout above 5.75, the next possible targetes are around: 5.84, 6.11, 6.60. However, trailing stop below the dynamic BMB10 is a must.

7164 KNM (20-Sep, Closed)A similar Bullish Divergence is observed as shown in the chart. Would a similar techncial rebound were to take place is yet to monitor thorough for the next rally. Let's see.....
If assume this repetition were to take place, then observe for a higher low for next entry point. Again the more confirmed up trending is with candles stay above ema14,21,31. Trailing stop below dynamic BMB10.

1023 CIMB (20-Sep, 4:20pm)Beware that today's candlestick may form as an evening doji or evening star bearish signal upon closing RED. If that really happen by 4:50pm, then correction may take place the next candle. Then short term may take profit and stay side line until correction toward BMB10 later.

2194 MMCCORP (20-Sep, 3:20pm)Today is quite critical because of the Bollinger band contracted -74% to where the price fluatuation is limited. Next to observe is: when Bollinger band open, the price stays above or below BMB10. If below BMB10, it could be negative swing, however, if above BMB10, it is positive upward. Cut loss below 2.69.

3:00pm MRCB finally break up above 1.93......

1961 IOICORP (20-Sep, 3:00pm)Today is T+3, apperently BMB10 seems to provide technical support thus far. So long as today could closed green slightly, the candle may appear as Hammer. Let's monitor through until almost end of day for the final formation of candle. Trailing stop still set below BMB10.

9679 WCT (20-Sep, 12:00noon)Today is T+3 correction and technially is observed supported by the BMB10. Should this rebound successful, then a higher low could be formed. The upside possible targets are around: 3.06, 3.12, 3.25, 3.45, 3.60, 3.75; However, the trailing stop is below dynamic BMB10 or ema31.

1619 DRBHCOM (20-Sep, 11:30am)The price is above BB20UB and not higher than 1.21 may indicate that a short term side way consolidation or minor correction with support level ranging from 1.15-1.18 (Line L1). Cut loss below dynamic line L2.

11:00am This morning, FBMKLCI just jump back to yesterday's drop off level. By observation, it is still a distribution mode. Consolidation side way to slightly lower toward BMB10 is the prepared destiny. 1467 is the temporary support. If below 1467, the next possible support level is around 1458 about the BMB10.

Posted on VK Member site on 17/9/10

2010-09-28T08:08:00.000+08:00

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.

.

Posted on VK Member site on 15/9/10

2010-09-24T20:46:00.000+08:00

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;

Posted on VK Member site on 14/9/10

2010-09-23T21:13:00.003+08:00

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....

Posted on VK Member site on 13/9/10

2010-09-22T11:57:00.000+08:00

22-9-10 Wed 11:50 AM
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.

13-Sep, Closing Updates:

Today's Asia Markets is very bullish, overall up ranging from 0.55% to 2.55%. Thus far at around 6:00pm, the Europe markets up ranging from 0.42% to 1.33%. Our
FBMKLCI closed at 1456.96, up +19.18, +1.33%. The overall market is very bullish. 542 up counters and 218 down counters with total volume of 843mil shares transacted.
With this bullish momentum, our FBMKLCI may possibly target toward 1500 psychologically shortly.

5347 TENAGA (13-Sep, Closed)We had alerted the potential of this counter since last Thursday (9-Sep) and during Sat BM meeting. After T+5 days correction, it was supported by the BMB10 (8.93) and rebounded as shown on the chart. It formed another higher low supported at BMB10. Short and mid terms trailing stops are set below dynamic ema31 or BMB10.
(Note: Formerly there is an announcement that after Raya may debate to increase rate.)

9679 WCT (13-Sep, closed)During 3-Sep, we had triggerred this is an early bird for mid-term. Stably supported by the ema14,21,31. Most of the secondary indocators are supporting the uptrend momentum.
The upside prospective targets are: 3.06, 3.12, 3.25, 3.45, 3.60, 3.75; The trailing stop is below dynamic ema14,21,31 or BMB10;
(WCT-WB expiry is 22-Apr-2013);

5398 GAMUDA (13-Sep, Closed)
This counter is supported by the BMB10 and rebounded. Today is T+4, T+5 day, the volume is picking up significantly. It finally breaks out closed at 3.70 above 3.68 previous high. The next possible targets are: 3.76, 3.90, 4.12; Short term and mid term trailing stops are below BMB10
(currently 3.53) or ema31 (currently 3.45);(Gamuda-WD expiry is 25-May-2015);

1023 CIMB (13-Sep, Closed)
Today is T+4, CIMB finally breaks up closed at 8.05 above line L1. At this stage, the new retreating support level should be L1 now. Bollinger band 10 expended 14% above bollinger middle band (BMB10 around 7.90). MACD histogram forming a round bottom is a positive. Short term and midterm cut loss short below dynamic BMB10 (around 7.90) or ema14.

5185 AFFIN (13-Sep, Closed)Finally, Affin manages to closed above 3.10. Bollinger band expended 64% today. Most of the secondary indicators are very supportive to the up trend movement. The next possible targets are: 3.16, 3.31, 3.54, 3.92; The trailing stop is set below dynamic BMB10 or ema14; Or worst case cut loss is 3.02 (L2);

Other prospective counters to monitor are:
MRCB, MMCCORP, DRBHCOM, KENCANA, EQUINE, TEBRAU, BJCORP,...

13-Sep, Intraday Updates:

4:50pm: CIMB, Affin, Gamuda, WCT, Tenaga are on the go..go...go...
3:45pm WCT is picking up the momentum with relative volume now.
9679 WCT (13-Sep, 3:50pm)During 3-Sep, we had triggerred this is an early bird for mid-term. Stably supported by the ema14,21,31. Most of the secondary indocators are supporting the uptrend momentum.
The upside prospective targets are: 3.06, 3.12, 3.25, 3.45, 3.60, 3.75, 4.16; The trailing stop is below dynamic ema14,21,31 or BMB10; Worst case cut lost at 2.75;
(WCT-WB expiry is 22-Apr-2013);

3:35pm MMCCorp is at T+6 and T+3 today, low volume; support level is around 2.69 (BMB10);

3:35pm MRCB is at T+5, low volume; support level is around 1.80;
5398 GAMUDA (13-Sep, 3:00pm)This counter is supported by the BMB10 and rebounded. Today is T+4, T+5 day, the volume is picking up significantly. Let's observe for the potential up break by closing above 3.62,
and in turn may target for higher: 3.76, 3.90, 4.12; Short term trailing stop is below BMB10 ( currently around 3.53); Middle term trailing stop is dynamic Line L1 or ema31;
(Gamuda-WD expiry is 25-May-2015;

12:00noon AirAsia today is T+6. Should it could close at least above 1.89 (better above 1.93), the chances of beyond 1.93 may be targeting toward 2.10-2.15 range;

11:30am FBMKLCI intraday
FBMKLCI is softly corrected to a temporary support of 1447.50.
In turn, the corresponding counters support levels are as below:
Maybank may temporary supported at around 8.49-8.51; today is T+7 with volume now;
Tenaga may temporary supported at around 9.09-9.12; today is T+6 with significant volume plus breaking up above 9.09;
Ioicorp may temporary supported at around 5.59-5.62;
AFG may temporary supported at 3.10-3.12; today is T+6, T+7;
Should all these temporary supports weren't held, a correction may take place for a while then all should be reviewed after failure. Otherwise, should FBMKLCI could rebound and stay above 1450, this would be more positive for today's rally support.

9:20AM Finance sector is on the pushing up this morning.....
CIMB: dividend given with positive push, once above 8.00, the BB10 is expending further;
Maybank: a higher low supported by the BMB10;
AFG: Let's monitor AFG attempts to break the newer high beyond the range of 3.15-31.8.
Tenaga: a higher low supported by BMB10 as we anticipate during our Sat meeting at BM...
IOIcorp: we shall observe the next temporary resistant around 5.60;
UMW: stays above BMB10 (6.68) now.
YTLPOWR: may attempt to push above 2.35... let's monitor;

9:10AM FBMKLCI intraday
This early morning push is accomplished by a key CI component, that's is AXIATA. It rebounded from the support ema14,21,31. The rest follow are: CIMB, MAYBANK, TENAGA, IOICORP.
With these support, the FBMKLCI manages to break out above the previous high of 1441.
Now is new high stage.....
It is prefer to see the FBMKLCI is sustaining above the broken out level now, that's above 1441

FCPO

The Soya oil market share is much more largest than CPO in the world vegetable oil. Thus any changes on the Soya oil will directly inflence the CPO's price. On the chart below, the Soya oil price is moving sideway. This chart was captured this morning during the CBOT market open today. Please compare yourself the chart of soya bean oil and FCPO. You can use SOYA to predict the direction of FCPO.

Posted on VK Member site on 9/9/10

2010-09-17T22:03:00.001+08:00

17-9-10 Fri 10:00 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.

11:50am: Both MBSB and BIMB have some positve movement upon upon this early morning alert.
3395 BJCORP (9-Sep, 11:15am)
Today is T+5 which break recent high of 1.02. An initial higher low may be observed and today is attempting to break the ema31. 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 set trailing stop is below 0.925.

5347 TENAGA (9-Sep, 11:00am)This counter has gone through 5 days correction. Today it is temporary supported by the BMB10 (8.93) as shown on the chart. Let's monitor for a possible rebound fromthis BMB10 support, that in turn formed another higher low within Bollinger upper band. New entry could set the cut loss short position below dynamic BMB10. And set trailing stop below dynamic ema31.
(Note: Formerly there is an announcement that after Raya may debate to increase rate.)

MMCCORP & MRCB (9-Sep, 9:45am)Monitor these two counters for possible rebound after correction. Currently still low volume transacted.
2194 MMCCORP (9-Sep, 10:25am)
Today is T+5 correction , low volume but quite supported around 2.70. Expecting a more realistic break out and stay above 2.77 for higher targets. However, set trailing stop below dynamic ema31 around 2.60.
1651 MRCB (9-Sep, 11:40am)
Today is T+4 correction (low volume). Correction supportive level ranging from 1.75 - 1.80;
However, 1.80 level seems strong now.... Trailing stop below dynamic BMB10 or ema31;

2488 AFG (9-Sep, 9:40am)There is little "T" candle formation at T+4 correction day, a rebound this morning perhaps indicates end of the short correction. It is supported by ema14,21. Let's monitor the next breaking up above 3.15. Trailing stop belwo dynamic ema31 or line L1.

4588 UMW (9-Sep, 9:30am)It is in T+5 correction today. This correction retreated 50% acceptably and supported at around 6.60 as shown on the chart. Trailing stop below ema31.

WTK & Lingui (9-Sep, 9:00am)These two counters are wood based related theme. Worth taking a look. Other counter of similar theme are Evergreen, Eksons,...

MBSB & BIMB (9-Sep, 8:45am):These two counters most of the time move together. Below are the their respective chart patterns for monitoring purpose. Worth taking a look.

.

Posted on VK Member site on 8/9/10

2010-09-16T09:27:00.001+08:00

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7668 Haio (8-Sep closed):
After rallying for 4 days, finally, it takes a rest. In short term aspect, let monitors for the next possible higher low around BMB10 (3.20) for next entry point with trailing stop below 2.96. A more stable uptrend would have to have the price stays above ema14,21,31 and up swing from there. The middle term outlook from today is still downtrend unless the price could stays above 3.65;

5099 Airasia (8-Sep closed):
Today is T+4 force selling day, low volume, normal. The momentum of up trending still intact thus far. Should it is strong enough to close above 1.93, the higher target of 2.10-2.15 may be treated as next possible target to dart at. However, should the consolidation stays, the likely support level is ema14,21. Otherwise, ema31 should be treated as the trailing stop position.

5878 KPJ (8-Sep, Closed)Manages to closed above ema14.21.31 with volume today. MACD crosses trigger line but still slightly below zero level. Perhaps with a little of push to ~3.60 may reach zero level. 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.

1651 MRCB (8-Sep, Closed)Today is T+3 correction (low volume). Correction supportive level ranging from 1.75 - 1.80; Trailing stop below dynamic BMB10 or ema31;

4405 TCHONG (8-Sep, Closed)Today still supported above the ema14, 21, 31 with volume. It is required to break above recent peak (5.10) in order to have MACD crossing above trigger line. If it was strong enough to break above line L2, the next possible targets could be around 5.31, 5.72, 6.38. However, if the break out failed, set the cut loss short below dynamic ema31 or line L1 and excuse trailing stop below 4.65.

6742 YTLPOWR (8-Sep, Closed)SLOW and healthy break up and supported by the broken resistant of 2.31 and supported by ema14 as shown. The increasing in volume and newer high in MACD are supportive indicators for rising momentum. The next possible targets are 2.40, 2.56, 2.64, 2.71, 2.76. Trailing stop below dynamic ema31.

5398 GAMUDA (8-Sep, Closed)Today is T+2 correction. So let's observe the dynamic BMB10 and ema14 as the possible dynamic support levels during the correction. Set the trailng stop below dynamic ema31 or line L1.

1961 IOICORP (8-Sep, Closed)Last minute jump up from 5.37 to 5.45 with higher volume breaking recent high of 5.43. With this closing price, most daily indicators are in supporting uptrend. Bollinger band open 9%, MACD is propagting upwards with round bottom. In fact, it is a Bullish Sanpo candlesticks - Rising Three Methods.
In the weekly analysis, the ema is at the juncture of making a golden crossed, BB open 35%. MACD touching above zero level now. Tendency that this week closing could be high with bullish candlesticks: Three White Soldiers. If this analysis stands, the prospective targets are: 5.53, 5.59, 5.72. Cut loss short below daily dynamic BMB10 (5.32). Trailing stop below dynamic ema31 or BMB10 at around 5.20.

1023 CIMB (8-Sep, Closed)CIMB is consolidating sideway above Bollinger middle band (BMB10 around 7.87). MACD crossed below trigger line is a negative. A bearish divergence is observed on the STC indicator. Unless it closed above line L1 at 8.00, then it could be more positive. Lets monitors with BMB10 support at around 7.87 and treats this as the short term cut loss short upon closing below BMB10 (7.87). Middle term trailing stop below line L2 (7.72).

1368 FABER (8-Sep, Closed)
Uptrend momentum intact. Lets monitor for the next possible break out closing above line L1 (~2.90). Hoping another "Three white soldiers" bullish candlesticks to support the break out rally. Currently is supported by the ema14,21,31 (golden cross?) and MACD is touching the zero level now. A higher low confirms a new trend is yet to monitor along. If the breakout is successful, the next possible targets are: 2.93, 2.98, 3.04, 3.10. However, not to forget the cut loss short below dynamic line L2 or set trailing stop below dynamic BMB10.

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Posted on VK Member site on 7/9/10

2010-09-15T00:03:00.001+08:00

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Please double click the charts below for FCPO and FKLI status for today closing. For FKLI, it is trading at sideway most of the time and it is very difficult to trade at sideway market. Finally it closed down -4 points.

For FCPO, it was up +8 ponits and quite volatile within a narrow range. We had closed the position due to the USD is gaining strength and the Soya Bean is getting weaker. However the chart still considered as bullish but the FCPO still depends on USD unless the USD is weaken again tomorrow morning. If not we must have a very good data for FCPO to rally further.

Posted on VK Member site on 6/9/10

2010-09-13T18:41:00.002+08:00

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CIMB: Should tomorrow were to have a pull back to close the gap at 7.89, and supported by the line L1, that candlesticks formation might be Bullish Upside Tasuki Gap, still bullish signal;
Should tomorrow were to closed above 8.00 successfully, the MACD might NOT crossed the trigger line and might even form a round bottom histogram. It might be bullish.
However, should line L1 is NOT supported, then the cut loss short or trailing stop level should be below dynamic ema14 or below 7.72;

MRCB: Today is T+1 correction (low volume), it is a pull back effect because it exceeded BB20 upper band. Possible correction supportive range is 1.75 - 1.80;
Trailing stop below dynamic BMB10 or ema31;

FABER: Today is T+2 correction, low volume. The correction supportive level may close the gap (2.68) or the dynamic Bollinger Band Middle Band 10 (BBMB10) which is around 2.66 today. MACD crossed up above trigger line toward zero level is a positive sign that in turn might await for a possible higher low supported by BBMB10 after correction.
A further confirmation is after it could break up closing above L1.
Trailing stop should be below 2.50.

Posted on VK Member site on 6/9/10

2010-09-13T18:40:00.000+08:00

Case Study and Observations:

Updates on 11:15am:
MRCB: This morning's observation of the MRCB thus far indicates that it may go into consolidation shortly with lower traded volume. The possible candlesticks formation are Hanging Man or Evening Doji. Let's monitor the possible changes throughout next session...

Updates on 10:30am:
This morning KLCI main rotational players are CIMB, Genting, AMMB that support the FBMKLCI:

CIMB: This counter has attempted to break up the newer high of 8.00. Should by end of day, the closing price is above 8.00, the tendency for this counter go further is much higher signaled by the possible Bullish Kicking candlesticks. Otherwise, the tentative support level ranging from 7.92-8.00. Stay side line if below 7.92;

Genting: This counter is in T+7 and T+4 stage, the possible correction or force sell supportive level ranging from 8.99 - 9.06 (around ema14 support);
However, if today's low could hold not lower than 9.18, then we may monitor for possible "wait & see" candlesticks signals of either Harami or Tweezers. Let's monitor through...

AMMB: Still bullish on the rise thus far....

Counters posted on 30/8/10 at VK Members

2010-09-09T19:07:00.003+08:00

The counters we posted on VK Members site on 30/8/10 are mostly run. Please check them

Sorry for the late update today. Three of us having a business meeting in KL. FBMKLCI remains strong in mid-term. Eventhough if there is a profit taking in short-term but we expect FBMKLCI may continue to rally to 1436, 1450......1520 and 1524 in mid-term (within 6-8 months). However it will not up all the way but it is impulsive.

BULLISH COUNTERS IN SHORT TO MID-TERM (this means must hold)
AMMB
GENTING
SIME
MAYBANK
PETDAG
PLUS
UMW
PBBank-01
AFG
GAMUDA
AFFIN (Must breaks 3.07 and stay above this level)

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IOIcorp posted on VK member site on 3/9/10

2010-09-09T18:49:00.001+08:00

IOIcorp is on the move,
short term target is up to 5.72 ....
If beyond 5.72, mid-term target could be up to 7.06 ...
see chart below for sharing...

IOICORP is surging up to RM5.50 today (9/9/10). It is more than needed to cover the annual fees for VK membership.

Half Day Trading for 9-Sep-2010

2010-09-09T07:45:00.009+08:00

Bursa Malaysia has declared a half day trading on Thursday, 9 September 2010, that means today's trading will end by 12:30noon, no tradings from 2:30pm to 5:00pm, and Friday, 10-Sep-2010. The KLSE market will resume on 13-Sep-2010, Monday.

On behalf of VK Technalysis Services,
we wish everybody "Selamat Hari Raya" and Happy Holiday".

P/s: Please make your self available for 11-Sep-10 (Sat) meeting at Jit Sin School Union, Bukit Mertajam. 10:00am - 5:00pm. See you there, OK.

FBMKLCI - Technical Commentary 08/09/10

2010-09-08T19:16:00.000+08:00

Please click the links below for FBMKLCI commentary

综合指数 2010年 09月 08日http://winchart2.dyndns.info/DailyAnalysis/2010/20100908.asp?ID=

Composite Index 08/09/2010 http://winchart2.dyndns.info/DailyAnalysis/2010/20100908e.asp?ID=

FCPO posted on VK Member site on 4/9/10

2010-09-08T18:24:00.002+08:00

On the daily chart, it has formed a higher low. This means that the chances of getting higher is there. This is corelated with the weak USD and stronger Soya Bean. So the FCPO will be getting stronger and I hope you know what to do. Please double click the chart below.

On the weekly chart, there are 2 bullish candles for 2 consecutive weeks. It seems that the LONG is taking the control over the SHORT. So I hope you go for the right direction. Please double click the chart below.

The FCPO was 2570 on 4/9/10. Today (8/9/10) the FCPO was closed at 2674. It was up 104 points since we post this on the member site. If you just go for 1 contract, you should had make RM2600 (1 point=RM25). What about 5 or 10 contracts?
Come to join VK membership before we close the offer price. Please scroll down to the bottom most to view our VK membership, the subsription fees and benefits.

Technical Commentary 07/9/10

2010-09-07T19:09:00.002+08:00

Please click the links below for FBMKLCI commetary

富时综合指数 http://winchart2.dyndns.info/DailyAnalysis/2010/20100907.asp?ID=
FBMKLCI http://winchart2.dyndns.info/DailyAnalysis/2010/20100907e.asp?ID=
Wanted to know the market still bullish or bearish?
Wanted to know FKLI up or down?
Wanted to know FCPO up or down?

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Day end closing updates:

2010-09-07T18:00:00.002+08:00

FBMKLCI opens at 1434.33 (-0.35) and within half an hour ramp up to intraday high of 1436.65 (+1.97) then it retreats back to yesterday closed with half an hour too. It has hanging around 1434 +/- 1 point until 4:00pm. After then, the selling off of Axiata volume pull down the FBMKLCI significantly to the intraday low of 1432.76 (-1.92) and finally closed at 1434.27 (-0.41). The traded volume further reduce by -13% to 641mil share transacted which is below the VMA. The market has been correcting for 3 days already. Perhaps, it may drag through for the rest of the trading days within this week because of the Raya Holiday mood.

.....VK members has been enjoying the latest updated analysis during trading sessions, and has managed to follow on happily. We sincerely invite you to join us on the move for the latest updates.....
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Posted on VK Member site on 2/9/10

2010-09-07T10:43:00.000+08:00

Don't Touch KNM

KNM big down because of the worsen earning result and propose shares consolidation. Never touch this stock when the situation is uncertain. It may go down some more. What kind of game they are trying to play? Back to 2005 it is the best stock. It gave bonus issue, split and split until the PAR became RM0.25. Now they want it to go back to RM1.00 PAR. How come like that?? Do you think the investors like the game?

I) PROPOSED SHARE CONSOLIDATION INVOLVING THE CONSOLIDATION OF EVERY 4
EXISTING ORDINARY SHARES OF RM0.25 EACH IN KNM GROUP BERHAD (KNM) (KNM SHARES) INTO 1 NEW ORDINARY SHARE OF RM1.00 EACH IN KNM (CONSOLIDATED SHARE) (PROPOSED SHARE CONSOLIDATION);

Posted on VK Member site on 1/9/10

2010-09-07T09:35:00.002+08:00

GAMUDA
In weekly middle term analysis, this counter is considered breaking up recent new high of 3.50. After breaking this resistance, the next possible prospective targets are around 3.93, 4.77, 5.80, 6.12. Most of the secondary indicators are supportive to the uptrend. On this up trending, ema14,21,31 is useful as up trend price support movement; It's observed that a cut loss short below 3.25 is to save guard your capital and a trailing stop could planned below dynamic ema31 or worst case line L1.

1368 FABER
Candlestick's white Marubozu / bullish harami indicates the reversal signal that is confirmed by today's up. Let's observe for the candle to stay above the ema14,21,31 and further confirmation if it break up above line L1. Then the next possible targets are: 3.08, 3.44, 4.02, 4.96;
The traded volume has increased significantly, but advisable to wait for the confirmation
of MACD hook up above trigger line and stay above zero level.
Otherwise, plan the cut loss or trailing stop below 2.50.