Sunday, October 17, 2010

MONDAY (18/10/2010) - TARGET PRACTICE

Hi Guys,

Last week, i do some study into KBUNAI in which if rebound will give profit substantial amount of money.  So look here...

KBUNAI

KBUNAI now become money making counters. When the closing prices last Friday 18.5 cents and with  the confirm next project valued at rm 3 billions, it is simple a calculation.  That prices will sprint to the next resistance. First one at 25 cents need to be violated, then next is 35 cents.  And monday, u will smile to ears if u have buy KBUNAI on last Friday.

RSI kiss of live created  on last thursday, this time very strong.  Stochastic crossing and pointed upward. Acc/dist in good condition, lots of volume and lastly, good luck.




Industry: Properties

Company website

Karambunai Corp Bhd is a Malaysia-based investment holding company engaged in the provision of management services. It operates in four segments. Management services, venture capital and investment holdings and others segment provides various services, including investment holding, provision of management services, information technology, consultancy and money lending. Property development and construction segment consist of property development, construction and project contractor. Leisure and tourism segment includes travel and tours agency, golf and country club operation and management, and resort hotel operation and management. Trading segment includes trading of wood products and purchasing and sourcing of timber for sale. On October 7, 2008, the Company acquired 60% interest in Beribu Ukiran Sdn Bhd. On November 4, 2008, Ikhlas Perdana Sdn. Bhd., a subsidiary of the Company, acquired 30% interest in Composites Technology Development Corporation Sdn. Bhd.

source: tradesignum

WTK

Rebound last friday, now need to clear 1.27 before next resistance 140 & 1.49.  Chart orientation, volume very high,  acc/dist will need to clear last peak, stochastic inching upward, MACD histogram green..  My advice if u want to buy, price must need to cross 1.27.


MUHIBBAH

Double bottom have been confirm after crossing resistance line 99.5 sen, now turn as strong support.  Do look out whether this support will be violated when trading.  All indicators still good, volume high, but i only interested with acc/dist this time.



I think it is enough for monday prep.  To much counters to choose will clutter your thinking and difficult to make decision.  Good luck, try to profit as much as u can, remember stop loss and TQ.

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