Hi All,
Quite long i'm not updating my blog. I have a lot of works to do after going back from US, then in the few week fly again to Singapore for another course. I rarely spend my time on the market, try to complete all the reports and so on. At the same time, the market downturn all over the world make me cool a bit, waiting for rebound like today. Now, it is time for u to see if u can make money. Let talk about Pilihanraya Sarawak.
As expected, Pilihanraya Sarawak will be on the next month. So today, u will see Sarawak counters rebound. Of course, CMSB, HSL, TA ANN, ENCORP, KKB, DAYANG and many more will going up. So, I put the chart below...
CMSB
DAYANG
If I look at Dayang, it show a gap at 2.00 - 2.03. To ensure bollinger band break, the price need to reach 2.12, it is +7 sen up if u enter at 2.05. But Oil & Gas still in the top form right??
HSL
Some people look at the glass half empty, I look the glass half full. If u see the gap and followed by the inverted hammer (black or white), I'm sure u will not buy this counter. This is for u to observe tomorrow until the end of this week, whether it will rebound or just closed the gap.
KKB
KKB show the same symptom, a gap and white candle. Target price on the chart.
ENCORP
This company belong to Dato Sri Effendi Norwawi, a Sarawakian and husband of Malaysian actress, Tiara Jaquelina. This counter just break bollinger band today and all indicators look good. And if u observant enough, u will see the double bottom pattern.
P/S: Actually so many counters show the sign of rebound. U will see some double bottom pattern at strong support. Don't buy TAANN becoz this counter already move before. If u like HWGB, it look good now after break 20ma today. Olympia also show same pattern with HWGB, so put it in your list. I try to make some profit with cheap counters like BORNOIL. Dow Jones up +195 pt at 10.38 pm tonite. So it is easy to predict what will happen to KLCI for tomorrow. TQ.
