Thursday, July 29, 2010

Zelan

Nothing much in the market today. There is a fight between buyers and sellers. But most of the time the sellers win the battle. That's why we see most stocks do not move much.

From the past few weeks, Zelan is slowly moving up. At a certain time the sellers win the battle. They take profit. But, its chart shows this will continue moving up if profit taking activity end. The immediate support level, may be at Rm0.60.

Wednesday, July 28, 2010

E&O

Overall market looks stabil. Not really much profit taking activity and some are collecting the defensive stocks. I think this is wise strategy. E&O, waiting the price to break 1.08. If true, then it is something positive on this stock.

Wednesday, July 21, 2010

Keuro

This is one a stable stock. It start moving and hopefully it will maintain its momentum. If it can perform better, the next target is 1.05.

Wednesday, July 14, 2010

Kencana

I have no worry if I buy this stock. When I look at the trend, it is stable. Recently, the TA indicator shows a bullish signal. Probably, it is just a start.

Tuesday, July 13, 2010

Profit taking.

Some stocks is down. This is because of profit taking. They are like Uemland, Timecom, Titan and Gamuda. But, these stocks are strong. By the way, what about SCOMIMR? Any idea?