Tuesday, October 12, 2010

WEDNESDAY (13/10/2010) - AFTER MY BIRTHDAY

Hi Guys,

I'm enjoying my birthday yesterday and i have candlestick lite dinner with my lovely wife.  So, i'm sorry for not posting yesterday.  For tomorrow, i have a few counters that maybe u will be interested such as PLUS, UNISEM, SAPRES and SUNRISE. Here, i want to say congratulation to my genius fren, AUSTIN GOH KOK YEO who manage to take 2nd place today in ECM Stock Quest Competition.  His dedication to this competition will be pays off in 22 Oct 2010.  Good luck fren. 



PLUS

I have enter at 4.17 yesterday, now closing at 4.27.  Looking at indicators, i saw the price piercing Bollinger Band, acc/dist pointed upward, stoch & rsi  good and volume very high.  If i refer to the last price projection, next resistance should be 4.80 but up to u to decide.


UNISEM

Last time, I really pay intention to the tech sector since i gain profit from counters like JCY, NOTION, ENG and UNISEM. This day, UNISEM look attractive since doji candlestick at support and white candlestick for confirmation, rsi & stochastic look good, momentum and ADI on the positive note, andlastly volume  gradually increasing for tomorrow.  I notice many times that the same candlestick like today will be forming before the price rally to the next resistance.  So, u on your own decision..



SAPRES

I like to mention here SAPRES have kiss of live, touching line 30%  before rebound, stochastic oversold, acc/dist move upward, and volume very high.  One thing to highlight is SAPRES today show very strong white hammer candlestick.  If i have more money, i do not need to think twice to buy it.  Lastly, the support line i guest very strong at 90 sen but i also not hesitate to cut loss at 89 sen.  Do not take my advice to the max, but u must do some study from TA, FA, or maybe take some advice from Jesse Livermore, so that u will understand more on  the crowd physchology.  TQ.


SUNRISE

I like sun rises in the morning, and I like trading SUNRISE.  Today show doji near support.  Still not good to trade tomorrow but i presume Thusday (14/10/2010)  will be ripe to trade.  

"Sunrise Bhd, a Malaysian developer, was upgraded to “buy” from “hold” at Maybank Investment Bank Bhd.
The company has enjoyed “better-than-expected” sales, analyst Wong Wei Sum said in a report today.
She raised her share price estimate to RM2.80 from RM1.98, according to the report.--Bloomberg"


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