KLCI Market Outlook, Date: 29/09/2015

Technical view on KLCI:

From my previous sharing,market overall still in downtrend and with major potential to move flat or continue the downtrend again. On 17/09/2015, KLCI form a short term higher high after break 1600 and 1650. Market failed to sustained above 1650 and dropped below 1650 on 21/09/2015. Market now testing 1600 level. While, we can see KLCI found a trading zone between Fibonacci 23.6% (1687) and 78.6% (1554).

By setting Fibonnaci retracement level, 0% set at 1744, 100% set at 1503. Currently, market trading near 61.80% level.

Immediate resistance for KLCI are 1650, then 1687. Immediate support for KLCI is 1600, next 1554.

Currently, MACD showing negative direction and below 0 level.

Moreover, RSI going downward and heading to oversold region.

At the moment, market overall trend still downtrend and moving sideway.

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: 22/09/2015

PLABS 0171

Entry point: 0.205
Take Profit point: 0.215, 0.230
Cut Loss point: 0.195

MMSV 0113

Entry point: 0.700

Take Profit point: 0.730, 0.775
Cut Loss point: 0.685

YOCB 5159

Entry point: 0.890

Take Profit point: 0.960
Cut Loss point: 0.870

For subscribed member will get full list of counters with chart from us.

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.

Buy Like A Fool, Sell Like A Pro

There are 4 scenarios that keep repeating during investment decision making, as below:

1. Buy Like A Fool, Sell Like A Fool.
2.  Buy Like A Pro, Sell Like A Fool.
3. Buy Like A Pro, Sell Like A Pro.
4. Buy Like A Fool, Sell Like A Pro.

So which method that you keep using?

Basically, Buy decision making got 2 types:

1. Buy when the price near your estimated the best entry price or the entry price. (Pro)
2. Buy when your felt comfortable after there is a bullish signal. (Fool)

When come to Sell decision making got 4 types:

1. Sell when the price reached or exceeded your target price (Pro)
2. Sell when the price failed to reach your target price with profit or breakeven. (Pro)
3. Sell when the price failed to reach your target price with predetermined exit point. (Pro)
4. Sell when the price failed to reach your target price with no planning. (Fool) 

After go through above scenarios and methods, what’s your choice now?

The best choice will be scenario 3 and 4, right?

Sometimes, we might missed the best entry price but it doesn’t means that we not going to earn money from the trade.

Example:

Airasia on 26/08/2015, the lowest price is RM0.765 then next day close at 0.885.

So will you buy Airasia if you know it will come to RM1.25 by 11/09/2015?

Definitely yes!

However, we are no god, we only can predict the price and follow the trend.

So would you forgo the 36.5sen in profit after you miss the best entry point and decided not buy at 0.885?

Think about this example whenever you spot an opportunity but you miss the best entry price.

Above example is intention to tell you that, we are not necessary to buy like a Pro but can buy like Fool.We can buy without a good planning or strategy but we need to sell like a Pro.

How many people losing huge money because of not having a good strategy to sell their share?

It should be majority of people having this kind of problems, only minorities that keep on track wining overall don’t have this kind of problems. By having a good sell strategies, help you secure you profit and save your capital.

Example:

Counter that drop fast and steeply:

Sumatec (on 21/08/2014) and Ideal (19/08/2014), these 2 counters bull at the way then dropped steeply in one day within few minutes.

Counter that drop slow and steady:

Knm (since Aug 2014) , Skpetro (since April 2014) and UMWOG (since Feb 2014), these 3 counters after bull then drop slowly.

Thanks 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.

KLCI Market Outlook, Date: 04/09/2015

Technical view on KLCI:

From my previous sharing, market overall still in downtrend and current rebound with major potential to be ended soon. On 01/09/2015, KLCI rebound ended up more than 40 points to break 1650 immediate resistance then closed near day low. Currently, market stay below 1600.

By setting Fibonnaci retracement level, 0% set at 1744, 100% set at 1503. Currently, market trading near 61.80% level.

Immediate resistance for KLCI are 1600, then 1650. Immediate support for KLCI is 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 no longer showing positive direction and still below 0 level.

Moreover, RSI going downwards again.

At the moment, market overall still in downtrend and with major potential to move flat or continue the downtrend again.

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.