MUDA & SUCCESS & HUAAN - Waiting for signal..

These 3 stocks are waiting their que to resume their uptrend. Watch the price behavior...

HUBLINE & KENCANA & RCECAP - March Through..

Start with HUBLINE.
It marches past its previous immediate high of 49.5sen, WITH VOLUME.
Weekly chart signaled the first green light.
Tomorrow it will be facing next immediate resistance of 52.5 sen. Maybe no problem since the volume is supportive. But tomorrow is a new day..


Now KENCANA.
This one looks promising. After went through previous resistance of 1.84 and 1.88, it closed with a big white candle. Next resistance possibly be 2.28, that is about 28sen from yesterday's close. Entry maybe at 1.88, if the price is too strong probably at 1.99 or 2.00.

RCECAP.
About same as Kencana, next immediate resistance is 81sen. Might be considering an entry at 64.5 sen. Aiming for 81 sen.

KLCI SHOWING ITS NERVE!!

KLCI lifted off its resistance 1267, 3 days ago. Now it is trying to fill-up the gap it left after the General Election about 1.5months ago.
Can it fill the gap? Still yet to be confirmed...

SARAWAK - TURBO-CHARGED!!

I'm expecting a pull-back on this stock. I would like to join the ride. I've put 3 entry level that i'm considering. Let see how it goes.

HAIO - Trying to form a double-top or trying to break a new high?

HAIO, a good fundamental stock but a little funny on how it is spending its cash (MLM company tring to venture into IT??).
But today's good white candle supported with volume showed some faith in making money.
If there's anybody want to consider, it is still on its uptrend cycle.
Happy Investing!!

LINGUI

LINGUI had a good day today. Closing at previous high. Probably it will continue this good run tomorrow. Entry at 1.67 could be the best if the price turbo-charged. Otherwise, then entry at 1.59, today's low, should be the best entry, although it is quite nervous entry.
Volume should go past 10k lots.
Fundamental has weaken due to affected housing market in Japan. But it is picking up..
Happy Investing!!

ENGTEX

This stock showed strong performance today. Breaking to a new recent high with good volume. Probably tomorrow is a good day to enter.
Happy Investing!!!

SUCCESS

SUCCESS take a little break today. It touches a low of 0.91 today, which was expected. Probably that level will be tested again tomorrow.
However, it the price decided to march through the roof, close above 0.97, aggressive uptrend will continue.
Happy Investing!!

MUDA

MUDA's technical outlook is very interesting. Steady uptrend. Recently volume picked up. It seems like the price action will continue to climb.
But as I marked in the chart, why is the Accum/Dist on a down trend? Is it under tremendous distribution?

Take a look at the fundamental, here.

And the technical here.

INSBIO

This stock might not catch your attention, but it catches mine.
The fundamental is not so strong, even we can see the revenue is steadily climbing.
Here is the data.


Breaking above26.5 sen, then 28 sen might trigger quite a big rally. Happy Investing!!

HUAAN

This stock will probably break its previous high of 0.77 tomorrow. If it breaks and stay above that level, supported with good volume (>63k lots), the current uptrend will resume.
Happy Investing!!

WORLD MARKET

ASIA showed improvement. Lead by 2nd world biggest economy, Japan, is trying to break from the down-trend line.
KOSPI and Hang Seng also improved. Shanghai showed further deterioration on the price index.

EUROPE also showed improvement lead by FTSE and DAX. FTSE will try to break its next resistance, also its next down-trend line. While DAX has just broke-out of its down trend line and looking to break its next resistance level at around 7072.

US market condition also improved. Dow went past its resistance level of 12755. NASDAQ also posted a big gap-up probably due to Google earning announcement. S&P 500 has yet to confirm its bullishness although it went thru its immediate resistance.

CRB Index which measure the commodity is still strong.

IMPROVEMENT BY SECTORS

As of yesterday's closing, only 3 sectors are showing improvement. Consumer (strongest), Industrial Products (strong), Plantations (weak) & Technology (weakest).

Consumer grow the strongest, in current market condition. Probably supported by F&N and NESTLE.

Ind-Prod also showed strong interest to grow. By watching these group of stocks, KNM, SHELL LIONIND, KINSTEL & LINGUI, i'm quote confident that this sector will expand more.

Plantations had quite a good run about half-year ago when CPO spot price climbed up to RM4,000/tonnes. Now the price has come down to the average RM3,000/ton. So it cool down a bit. Bio-diesel will also become viable at this price.

Technology, surprise, surprise. It has just started to show some signs that this sector might started to expand. Contribution to Tech indices control by MPI, Gpacket, Unisem.

TA

TA has travelled past it immediate resistance 1.13 WITH VOLUME. Look like it is going to test its next resistance 1.22 next week. If the break of 1.22 accommodate with VOLUME, then it is quite sure that short-term uptrend is coming. Intermediate and long-term downtrend is still the master though...
Happy Investing!! YEY!!

LION INDUSTRIES CORPORATION BERHAD (LIONIND)

This stock revenue has been on improvement for the past 6 quarters. Current Q earning exceeded last year's same Q by many times. It is also almost double preceeding quarter.
Dividend improved last year by 100% from 0.5 sen to 1 sen.

I saw GK Goh & gang has been mopping up its shares in March 08. Good?


Immediate resistance is 2.45. next resistance is 2.54. The strongest resistance could be its all-time high of 2.78. Support is at 2.15.
Happy Investing!! YEY!!

SUCCEES TRANSFORMER CORP BERHAD (SUCCESS)

This stock is all over the news last week because it caught everybody by surprise on its sudden surge of the stock price. Rising about 15% in 3 trading days. WOW!
Looking at the fundamental, looks like this counter is supported by its fundamental. EPS rising 50% more than last year's. Dividend 2.5 sen compare to 0 sen last year.

Its monthly showed the price rebounded past its immediate resistance of 91 sen.

Weekly also same. This big white candle confirming the bullishness of the price.

As mentioned earlier, the 15% positive price action is telling investors/traders that it is pressing the turbo button now. The stochastic showed the price has a bit more to go while the strenght might be slowing. GMMA is trying to confirm the uptrend. MACD also issuing the uptrend ticket.
Happy Investing!!!

KLCI

Weekly KLCI has improved, a bit. Still reluctant to show its BULLISH face as yet. The 'vacuum' is still left unfilled, even Friday closing showed that some institutional investor tried to combine forces and tried so hard to fill it. Next week could turn up better due to US market bullish outlook. Lets wait next week. How's the daily?


Daily chart showed that the price is supported by stochastic holding above 50% as well as the RSI, above 50%. Momentum also picked-up on Thursday & Friday. ADX still showing KLCI price lack of strength to the north direction.

ECM On the edge??

It looks like next week this stock is going to test its immediate resistance 0.715. Is this stock re-starting its uptrend after almost a year hibernating? Who knows?
Do you want to consider early entry at 0.72?
Happy Investing!!

SWKPLNT - CAUTIOUS!

If the price close below 3.68 we shall protect the profit. Then, lets wait for awhile on the re-entry.
Meantime, if you have good stock to reinvest your profit, you can do so.
Happy Investing!!

TIMBER RELATED COMPANIES STARTED THEIR UPTREND?

I guess, the BIG FOUR (TAANN, LINGUI, JTIASA & WTK) in timber related industry has started their uptrend in tandem with the improvement in wood price.
Started with a short-term breakout by Taann (Biggest in Market Cap.) on 19.Feb, recently Lingui & Jtiasa joint the rally. Wtk has yet to show the reaction.
Smaller companies includes Subur, Eksons, Java, Leweko, Pworth, Sindora, Tekala, etc.
Here is the relative performance of those 4 companies.

LANDMRK - CAUTIOUS!!

Woooo!!! Suddenly the price acted cautious!! Closed at 2.31, the immediate support! If it does not rebound tomorrow, it could testing the next support at 2.10.

Hello Fellars!!

Sorry for not updating this blog quite some time. I got some problem with my laptop.

What's the problem with my laptop? All over sudden the monitor just blank! The monitor just went BLACK!!! Including this time, it has been four times!! My laptop is a HP Compaq V3000, anyway.
I heard from the computer shop repairer, this monitor problem is common for V3000 model. DAMN!

Now that i've got my NEW laptop, a Toshiba's. So now i'm back updating my blog.

TCHONG

Improvement in TCHONG result. Revenue decrease but earnings increased. Does this means margin improved?? Yes, according to its most recent report, the margin improved n 2H07 and it was expected to spill over into 2008.
How's our auto market? What say you??

HAIO

The financial result improved. This FY 3Q result more than doubled last FY 3Q result. Dividend increased from 5 sen to 8 sen, more than 50% increament.


From the daily chart, i think the price is a little over-extended and perhaps it will pull-back to 3.00 then continue the run.

LANDMRK

I think the price will find its support at 2.25 and next 2.16. If these supports are broken, the whole plan has to be re-think.

YTLPOWR

The recent result is boring. Just a marginal improvement. No wonder its share price also flat.
Here is the result.

HEITECH PADU BERHAD (HTPADU)

HTPADU surprisingly trying to improve its earnings, after such a long time. Probably the DOT-COM BURST still felt by them. But, see the result below, in my eyes, it is improving.
Earning almost triple compare to last year. And somebody is looking at this stock. Look at its share price.


This weekly chart showed that the price had crossed and stayed above its 50wks EMA. A good sign. Let see the daily.


THe daily showed that the price has rallied above its 200d EMA and stayed above it. Last week Friday the price rallied to try to pass the last 3 weeks price. Perhaps next week we can see the price rallied to its next resistance of 0.95 then 1.08. Interesting!!

OSK

OSK also had their result doubled. More than double. Dividend given also almost double. Assets increased 24 sen/share. How about their share price? Let see.


Its weekly price showed that it is still under pressure and downtrending. Drawing the mid-term downtrend line showed that if the price started to penetrate 1.90 and then 2.24, there's high chance that the price is U-turning. How about daily?

Its daily still at early stage of rebounding. Nothing firm yet.

TA

TA financial result improved. Earnings improved almost double. Asset value improved 10sen. However, its share price is not. Last week closed at 1.20. Lower than its NTA of 1.50.

We've seen some rebound in its share price. Off its low of 0.975 about 3 weeks ago.


It is still below the mid-term downtrend line. When it crosses the line at about 1.30-1.35, the beast is out!!

KLCI

KLCI successfully closed above its immediate resistance level of 1251 today. In fact it closed 2 points higher, probably just to announce that it will go further up tomorrow.
Next potential resistance that i see is 1296, which is 61.8% Fibonacci level.
Let see how it will behave tomorrow.

Happy Investing! YEY!!

SCOMIs (SCOMI, SCOMIMR, SCOMIEN)

I am seeing all Scomi group of companies rebounding soon. They are SCOMI, SCOMIMR & SCOMIEN.
Watch out!

BROKERAGE FIRMS STARTED TO MOVE - OSK, TA

Something i noticed today, brokerage firms started to move. I have OSK and TA in my watch, both stocks have started to their way to the course of their journey.
Probably worth watching for the next 2 weeks to see if this trend has started.

AGREE?

YEY!!

TMCLIFE

TMCLIFE continue its uptrend today. It broke previous high of 1.53, reaching a high of 1.55, 2 sen higher. However, it closed 1.52.
Since this stock is on uptrend, a weakness in price is a good entry or re-entry.

Happy Investing!!

KENCANA

KENCANA still catching its breath today, but will a smaller quantum. Volume dropped lower than the average level. All indicators showed positive development. GOOD!
Tomorrow might be a good time to make an entry. 1.51?
Remember, Support floor at 1.40. Falling below this level should alert for an exit.

Happy Investing!!

LANDMARK

LANDMRK continue its dash today. Add another 10% on top of 20% on the previous day. Volume also increased. Reaching high of 2.47 today, just 3 sen off its next resistance of 2.50.
If it breaks 2.50 tomorrow and close above it, it will continue its rebound.
YEY!!!

NOTION VTEC BERHAD (NOTION)

NOTION result is not so impressive, but improving. Last financial year its revenue touched RM100 million. Its dividend improve marginally. SO-SO result.


Weekly chart triggered break of resistance level, 0.435. Next resistance level is 0.50. Let see the daily chart.


Today the price increased 20% at one go. It also broke its 200d EMA. Volume showed a little improvement. Let see if the price can continue its dash. YEY!