Monday, October 4, 2010

TUESDAY (5/10/2010) - AFTER PM IN BELGIUM TODAY

Hi Guys,

As i said before, PM will be the benchmark whether KLCI will rebound or retrace.  Last nite, PM went to Belgium and today KLCI down -4.++.  So, even PM is not here, some counters have potential to going up.  Watch below:

KNM

SUPPORT


LIONIND

Risk and reward for LIONIND not so good when risk is more than reward.  I have reason when i put LIONIND here because volume very high today, acc/dist surge, MACD 1 green, stoch pointed upward, momentum, ADI also good.  To play safe, if u buy make sure sell at  rm2, then wait for another buying after clear from rm 2.00.  Remember, my idea is the guideline, but u trading your money.  Play safe, keep your stop loss in hand. TQ.



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