KLCI Market Outlook, Date: 28/08/2015

Technical view on KLCI:

From my previous sharing, market is bear with minor potential to turning well in near term. On 25/08/2015, KLCI breaks below the 2nd support line given 1550 then rebounded immediate back to above 1550. Currently, market stay above 1600 for 2nd day.

By setting Fibonnaci retracement level, 0% set at 1745, 100% set at 1503. Currently, market trading near 50% level.

Immediate resistance for KLCI are 1650, then 1680. Immediate support for KLCI are 1600 and 1550.

Again 1600 will be a critical level for KLCI, failed to sustain above 1600 means market will continued the its downtrend again.

Currently, MACD showing positive direction but need be caution as still below 0 level.

However, RSI almost reached overbought region although market just rebounded for 4 days.

At the moment, market overall still in downtrend and current rebound with major potential to be ended soon.

Thank you for your reading.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Trading Stocks To Watch, Date: 28/08/2015

AIRASIA 5099

Entry point: 0.885
Take Profit point: 1.00, 1.10
Cut Loss point: 0.865

MIKROMB 0112

Entry point: 0.320
Take Profit point: 0.350
Cut Loss point: 0.310

Another 3 counters only available for subscribed member.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

KLCI Market Outlook, Date: 14/08/2015

Technical view on KLCI:

From my previous sharing, market still in downtrend but with major potential to rebound. On 13/08/2015, after KLCI breaks below the 1st support line given 1613 on 12/08/2015 then rebounded by the next day. However, market unable to sustain and breaks below the 2nd support given which was 1600 on 14/08/2015.

By setting Fibonnaci retracement level, 0% set at 1867, 100% set at 1671. Currently, market trading below 123.60% level.

Immediate resistance for KLCI are 1613, next 1636 then 1671. Immediate support for KLCI are 1573 and 1550.

1550 will be a critical level for KLCI, breaks below 1550 would means market likely to go downward to the range between 1450 to 1350.

Currently, MACD moving downward steeply and below 0 level, this is a significant bearish signal.

At the moment, market is bear with minor potential to turning well in near term.

Thank you for your reading.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Trading Stocks To Watch, Date: 12/08/2015

FRONTKN 0128

Entry point: 0.230
Take Profit point: 0.255
Cut Loss point: 0.220

JAKS 4723

Entry point: 0.880
Take Profit point: 0.930
Cut Loss point: 0.865

Another 3 counters only available for subscribed member.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

KLCI Market Outlook, Date: 11/08/2015

Technical view on KLCI:

From my previous sharing, market in trading zone with major potential to break below the zone. On 07/08/2015, KLCI breaks below the lower band of trading zone, this a bearish sign. Additionally, market drops below 2 immediate support which are 1671 and 1660.

Based on Fibonnaci retracement level, KLCI trading below 161.80%.
0% set at 1744, 100% set at 1685.

Immediate resistance for KLCI are 1648, next 1660 then 1671. Immediate support for KLCI are 1613 and 1660.

Currently, MACD moving downtrend and below 0 level, this is a bear sign too. On the other hand, RSI goes into oversold region might signal in near term market likely to rebound from oversold.

At the moment, market still in downtrend but with major potential to rebound.

Thank you for your reading.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Trading Stocks To Watch, Date: 10/08/2015

DENKO 8176

Entry point: 0.345
Take Profit point: 0.365, 0.390
Cut Loss point: 0.335

OPENSYS 0040

Entry point: 0.400
Take Profit point: 0.435
Cut Loss point: 0.390

Another 3 counters only available for subscribed member.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

KLCI Market Outlook, Date: 06/08/2015

Technical view on KLCI:

From my previous sharing, market in flat with major potential to break above trading zone. On 03/08/2015, KLCI breaks above the upper band of trading zone, this quite a positive sign. Unfortunately, market drops back immediately by the next day.

Based on Fibonnaci retracement level, KLCI now in the range between 61.80% and 100.00%. 0% set at 1867, 100% set at 1671.

Immediate resistance for KLCI are 1736 then 1746. Immediate support for KLCI is 1671 and 1660.

KLCI goes into trading zone since 1 month plus ago.

Currently, MACD moving uptrend and yet breaks above 0 level, this not a good sign. On the other hand, RSI heading downward and below 50% neutral level again.

KLCI so far already tested the red trend line for 4 times but still failed to sustain above the line.

At the moment, market still in trading zone but with major potential to break below the zone.

Thank you for your reading.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Trading Stocks To Watch, Date: 06/08/2015

OMESTI 9008

Entry point: 0.680
Take Profit point: 0.720, 0.780
Cut Loss point: 0.670

SYCAL 9717

Entry point: 0.465
Take Profit point: 0.485, 0.500
Cut Loss point: 0.455

Another 2 counters only available for subscribed member.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Trading Stocks To Watch, Date: 04/08/2015

OCNCASH 0049

Entry point: 0.395
Take Profit point: 0.405, 0.425, 0.445
Cut Loss point: 0.385

ASIAPAC 4057

Entry point: 0.245
Take Profit point: 0.265, 0.290
Cut Loss point: 0.235

Another 2 counters only available for subscribed member.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.

Trading Stocks To Watch, Date: 03/08/2015

ESCERAM 0100

Entry point: 0.350
Take Profit point: 0.385, 0.405, 0.440
Cut Loss point: 0.340

JIANKUN 8923

Entry point: 0.290
Take Profit point: 0.305, 0.330, 0.50
Cut Loss point: 0.280

Another 2 counters only available for subscribed member.

Disclaimer:

All posts and documents submitted by the Admin in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided by the Admin are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.