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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Wednesday, 10 October 2012

Recovering & Attractive Index..

These are the index that attracts me to look into. Pick the best counter from these sector, buy and wait for harvesting..

Lets look on KLCI first..

Index might hover around in the blue circle. Black circle is the MA crossing of 26 over 16. hopefully could reach 1669 by this week..
After that our target will be 1682..



CONSUMER
this index currently below red cloud. In KLCI marching forward, i am expecting CONSUMER will start to recover from the heavy drop. With supporting by indicator, it much likely to improve in coming days.. Pick your consumer counter for best profit.. =D




CONSTRUCTION
This index is on recovering and soon will be crossing blue cloud. Watch out for some construction counters. Those counters will help to push this index higher.. Indicators are in good form..



FBMPALMOIL
Recently, CPO kinda affecting our index to progress, with pull back by SIME and KLK. And also some other stock. I am looking at the start of recovering of palm oil as in indicators.. As for news, recently gov plan to reduce export tax might help those affected plantation counters.
If today recovery is about to continue, we might see a rise in plantation counter tomorrow. with SIME, KLK, THPLANT and TSH in line to push the index up.. The time frame of this index to recover is in October..



FBMSCAP
This is another index in recovering process. Indicators are very bullish to me.
So, pick your counter under this index, you will find money in your account soon.



By end of this month of OCTOBER, i am expecting some sleeping counters will start to move higher and start to show their true colors..

Cheers


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