Thursday, January 13, 2011

FRIDAY (14/1/2011) - ANOTHER LOOK AT LANDMARK & KIMLUN

Hi All,

Tonite another look at LANDMARK & KIMLUN & some plantation counters

FIRST THING FIRST

TGOFFS


GOPENG


LANDMARK

Rebound from near stochastic line 20% with white candle. Another J Hook Pattern in the making.


KIMLUN

A gap with white candle.  The sign of strong bullish.


HSPLANT

HSPLANT rebound nicely at 20 MA (moving average)support. If u notice, everytime price drop to 20MA, it will rebound back.  Another thing to remind u, somebody says palm oil can reach rm4,000 per tonne at the end of the year.  Safe bet.  

Read this link



GOPENG

I cover Gopeng technical analysis last few days.  Now, jump like frog today.  A big gap with black candlestick.  If everybody run, I will add my position.  Remember my FIRST THING FIRST above!!! 


Read below from btimes.com.my tonite

Gopeng jumps on dividend plan

Gopeng Bhd, a Malaysian investment holding company, jumped the most in five months in Kuala Lumpur trading after announcing plans for a special dividend of 35 sen a share following the sale of a cement business.
The stock climbed 10.1 per cent to RM1.42 at 9:09 a.m. local time, set for its biggest gain since Aug. 17. -- Bloomberg

Read more: Gopeng jumps on dividend plan http://www.btimes.com.my/Current_News/BTIMES/articles/20110113091819/Article/index_html#ixzz1AvZpT7LL


4 comments:

  1. hi ben,

    Today airasia and mudajaya closed with long white candlestick...think tomorrow will gap up and fly further?

    Thanks~

    ReplyDelete
  2. Hi TKK,

    For me MUDAJAYA now at high price, if u want to enter, i advice u not to do it. Why? because u have another chance to buy it after it retrace back. If u have MUDAJAYA & still hold it, let the profit run. Until now, no signal for selling yet eventhough stoch & rsi oversold. For AIRASIA, already at achieved at projected target. No point to chase. Why not u buy LANDMARK or GLOMAC which is now at support level?? Safe & cut loss point very near. Rule no.1, protect your capital. Rule no.2, follow rule no.1. TQ

    ReplyDelete
  3. haha...ok, noted!
    Like ur Rule no.2 :D

    ReplyDelete
  4. hi,any share below rm1 can buy now?

    ReplyDelete