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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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Saturday, 12 May 2012

Summary & Success Wk 19

Let's summarize what we have achieved through out the week.

Day Trade List
The summary on Friday as below:


1) TWSPLNT


2) KULIM

    Current = RM5.89

    Current = RM4.50
    Target = RM5.99
    Target = RM4.55 / RM4.62
    High = RM5.98

    High = RM4.55
    Close = RM5.89

    Close = RM4.50

Only these 2 Counters that has reached target. Others were down as we saw market dropped with 479 Loser against 240 Gainers. I will check other counters in the next trading day whether they going  react positively or not especially on Airasia. I am still expecting KULIM to go more higher price and try to break previous high.

Through out the week, below is the list of counters that have reached target.
  1. YHS
  2. SUNWAY
  3. KULIM (3x)
  4. YTL (2x)
  5. MERGE
  6. UMLAND
  7. MBMR (2x)
  8. PUNCAK
  9. MBL (2x)
  10. PERMAJU
  11. ILB
  12. SANBUMI
  13. PADINI
  14. CBIP
  15. PRESBHD
  16. MHC
  17. BENALEC

Counters & Targets (CnT) List.


1) CBSA = 0.44 / 0.45 opened price at 0.435, went up to 0.455 on the next day. Profit 4.6%

2) FITTERS = 0.80    opened at 0.78 and went up to 0.795 on the next day. But short 0.5cent. 1.9% profit.
3) MJPERAK = 0.33 / 0.35 reached target on the next day. went as high as 0.37 on the 2nd day.

4) NICORP = 0.515 / 0.535 on the next day, went up to 0.51 only with opened price at next day 0.495. profit of 3%.
5) PREMIER = 0.365 reached target on the Friday, and went to 0.40. profit of 14%.


6) SMI = 0.215
opened at 0.20, went high 0.22 on Friday.



7) TRC = 0.735 / 0.745 opened at 0.73 and went up to 0.750. profit of 2.74%



7 counters considered complete, another 18 counters to go.
I want to change the target for PERDANA, the share price drop in the next 3days. so, the revise target price is 0.605 & 0.615.

Congrats to my comrades especially those who follow my call and profit.
Have a nice weekend.
Cheers.

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