All posts by chartian

FBMKLCI-HK to head on RM0.15

World markets are crashing on Greece issue getting worse, and KLCI unavoidably falls for 17 points not just due to Greece issue, but also political issues and tumbling of crude oil prices.  For this reason, KLCI has back to the tension same as those days

Carepls approaching to its new high

CAREPLS Target price RM0.81/ RM0.885 Strategy: participate quick and cut loss below RM0.71 if the trend goes against. Carepls move after its dividend expiration and bonus share approval in its AGM. Carepls is breaking its symmetrical triangle formation with arising volume, the breakout point same as

Trader’s Note #99: Scicom in July

In this July, Malaysia market will be expected to stable down after the removal of the fear of Fitch downgrade, however, market is still weak due to traders are still lack of confident and foreign fund didn’t really stop disposing. While local institutions keep buying,

Technical Bread #37: OKA and Saudee

OKA Target price: RM 1.05/ RM1.20 Cut loss price: RM 0.80 * Breakout from its downtrend channel, awaiting to overcome the natural barrier of the previous long red candlesticks. * Technically, MACD indicator is forming golden cross, price trend almost breach the middle Bollinger band and forming