Poll

What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
Stochastic
MACD
Ichimoku Kinko Hyo
Volume
Momentum
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Monday, 7 May 2012

Day Trade for 8th May

Today day trade watch.

1) BENALEC
    Current = RM1.23
    Target = RM1.28
    High = RM1.28
    Close = RM1.23

2) MBL
    Current = RM0.885
    Target = RM0.90 / RM0.91
    High = RM0.91
    Close = RM0.875

I listed 9 counters but only 2 were reaching the target. As today market outlook, this is not a surprise.
But today we discovered another stock been played up which is PERMAJU. Lets see whether this could go more higher or kaput after issued UMA.

For tomorrow day trade.

1) PERMAJU
    Current = RM0.73
    Target = RM0.79 / RM0.855

2) ILB
    Current = RM0.895
    Target = RM0.927 / RM0.955

3) PADINI
    Current = RM1.73
    Target = RM1.75 / RM1.78 / RM1.80

4) SANBUMI
    Current = RM0.335
    Target = RM0.35 / RM0.38

5) CBIP
    Current = RM3.06
    Target = RM3.13




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