KNM, UNISEM & KFIMA

Hi All,

U make money today, hmmm maybe from Harvest?  If not, don't worry.  So much counters to trade but I can only manage 3  in one day. Today we talk about KNM, UNISEM and KFIMA. 

KNM

Chart Orientation

 

When a counter doing reversal from going up to retracement,  u can see the volume decreased by day, until such a time when distribution completed and transition to accumulation will begin as per volume and decreasing red arrow.  What interesting here, a trigger white hammer, (yesterday hammer) spotted and price almost touching lower Bollinger Band. An open gap above is your target price, breakout the gap meaning price will move higher.

Indicators

From top, 1) acc just start to move up

                2) momentum flat ( this is normal when considering transition from downward to upward)

               3) stochastic at 7 % ( then u must asked this question "How low is your low (stochastic)"

               4) MACD Histogram green and MACD below 0 line.

My View

When KLCI drop and Asian market drop all over, doesn't meaning your spirit also drop.  U just have to find the right timing and  patient. Purposely, I'm not draw any enter price (green line) on chart, to give u the idea to make decision yourself or u need to wait until closing tomorrow.  U know Iran tension icreate the oil price per barrel  more than usd 100.

UNISEM

Chart Orientation

I draw a red line at 1.25.  If u watch carefully,  this line become support turn resistance (5 Sep 2011) and resistance turn support (let say near 16 Jan 2012).  When price cross above 1.25 line on  16 Jan 2012,  long white candle plus volume to push the price.  Volume must bigger and long white candlestick in order for the long term investor (the people who can't get out from trade during price going down) from 5 Sep 2011 and 31 Nov 2011 from selling their shares.  What i see after price successful break above 1.25 is a pattern which Stephen W. Bigalow says J-Hook Pattern.  If i have time later, i will write this J-Hook pattern. And before u forget, u see that double bottom will make u easy to enter at the neck line (above 1.25).

Indicators

From top,  1) dist phase still in progress

                 2) momentum up

                 3) stochastic at 6%

                 4) MACD histogram red and MACD line above 0.

My View

U have to wait  for the outcome tomorrow.  Price rebound from 1.25 line is a great indication that bullish may come soon.  Other than that, stochastic very low at 6%.  U must wait until MACD histogram turn green.

      

KFIMA

Chart Orientation

 

If u look from Oct 2011 till  1 Feb 2012, KFIMA show a good uptrend counter.  U have 2 white candlesticks from yesterday and today and u have to wait for price break 20 ma resistance.  My enter price at 2.01 and cut loss below 20ma line at 1.99.  If break above, can give u +9 sen.  Upon break the price 2.10, the extra is the bonus. 

Indicators

 

From top, 1) acc up
                 2) momentum up
                 3) stochastic at 20%
                 4) MACD Histogram green and MACD line above 0.

My View

By looking at 2 white candlesticks and all indicators, no doubt this counter will going up, but i suggest u  enter after price cross 20ma resistance. 

Last But Not List

 

This is my request from u.  If u like my blog, pls add as follower on the left side.  So, good nite and ....

Happy Trading!!!