Counters & Targets for Sept 12

This is CnT for for September.

1) HUAAN (0.18) = holding up well during the down market recently. so tp at 0.20 / 0.215

2) CENSOF (0.385) = 0.40 / 0.415

3) PERDANA (0.765) = very strong on last Friday (7/9), i think it is possible to reach 0.80.

4) SUNWAY (RM2.26) = RM2.29 / RM2.32

5) TRC (0.61) = 0.62 / 0.63

6) UOADEV (RM1.65) = after having a hard fall during last week, expecting to recover back. With Harami formed on last Friday, so, lets see price to pass RM1.68, before we expecting RM1.73 / RM1.77. After this resistances, looking forward for RM1.81 & RM1.86.


7) K1 (0.21) = Looking forward to break blue cloud. Resistance at 0.22.. if can penetrate, then 0.235 should be no problem.

8) KIANJOO ( RM2.64) = On last Friday, up +0.08 to closed at RM2.64. Looking forward to break RM2.66, then resistance at RM2.72.

9) MYEG (0.79) = strong recovery on friday, up with +0.04.. Looking forward to reach 0.83.

10) MRCB (RM1.68) = panic sell down last week, 3days in a row.. Looking forward for recovery, with resistance at RM1.72 before heading to RM1.78. Hope it will start to be in bullish mode. Rewarding CWs waiting for you.

11) BIOSIS (0.42) = in period of last month, price was swinging up and down and the gap is getting small now. At the moment, this stock at resistance level of 0.42. Prepare your bullet, once it move forward, expecting to reach 0.445.

12) CSL (RM1.18) = Next Monday going to be on Ex-date and price will be adjusted. judging with current chart, looking forward to break RM1.20 / RM1.22. If break RM1.25, it could fly higher to RM1.40. However, lets see 1 by 1 ok.

13) NICORP (0.30) = to fulfill the cycle, 0.33 should be a good destination for this counter.

14) KNM (0.7) = wow, i include this counter as well.. Recent run up could say mostly due to listing of Borsig in SGX. I put a level of safety for this counter because last Friday, stock was on big gap up (risky getting high, as it give opportunity for insider to sell at high price). Once it break 0.715 / 0.72, expecting to reach 0.75.


Wish all the best to everybody. Please adjust the TP incase price drop more..