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Sunday, 10 July 2011

How to Trail a Stop Loss and Maximize the profit

Have you ever come across the situation where after selling a stock, the stock price continue to going up and  you certainly regret to selling off too early.  I believe most of the stock traders do experience the same situation and the question is how many of them learn from the mistake.  Well, I found this clip very useful which is about how to trail a stop loss and this certainly will help to maximize your profit.  Enjoy!

UOB Kay Hian FV for MRCB at RM3.02

11 July (1st half trading session)
Open: RM2.32
Close: RM2.31
Volume: 8,470 lots
Sell pressure higher than buy force

KUALA LUMPUR:  UOB Kay Hian Malaysia Research is maintaining a Buy on MALAYSIAN RESOURCES CORP [] Bhd (MRCB) at RM2.32 and has a fair value of RM3.02 as it expects MRCB to benefit from more redevelopment projects.
It said on Monday, July 11 MRCB’s share price has crept up with volume last week, from RM2.21 to RM2.32.
“We continue to expect more positive newsflow in 2H11 for MRCB, particularly on the redevelopment of the Rubber Research Institute land in Sungai Buloh (GDV: RM10 billion), “River of Life” project worth RM3 billion for phase 1 and also more sizeable land deals in Selangor, which will allow them to develop at least RM4 billion to RM5 billion of GDV in the future.
UOB Kay Hian Malaysia Research said if successful, the acquisition would lift its total GDV to a whopping RM12b. We maintain BUY with a RNAV-based share price of RM3.02.

TRC break above bull flag

Entry price: 1.86
TP: 1.97, 2.07
CL:1.73
RR:0.85, 1.62
Resistance: 1.99, 2.09
Support: 1.75
Trend: Uptrend (The counter still fluctuate within 1.7-1.84 channel)
Candlestick: Bull Flag form last week and Doji form on 8 July (undetermine). Next trading day needed to confirm the bull.  If hit our entry price, it will continue bull, else sideway.
ADX: Bullish with good momentum
MACD: Bullish crossover bearish
RSI: 50% (Bullish)
STO:Bullish crossover bearish (bullish)
Volume distribution: Sell pressure higher than buy force (bearish)
Conclusion:  5 bulls 1 bear .  Bull win.

Will Airasia continue to bull?

Entry price: 3.52
Profit taking: 3.65,3.84
Cut loss: 3.35
Resistance: 3.67, 3.86
Support: 3.37
Trend: Uptrend (Bullish)
Form higher high (Bullish)
ADX: Nearly cross above 40 from below, good momentum (Bullish)
MACD: kissing and waiting for 4R1G, this will be critical turnover point (Undetermine)
RSI: Retrace toward 70%.  Bull if rebounce, berish if break below
Sto: Bearish crossover and broke below 80% (Bearish)
Candle Stick - Hammer on support 3.37(Undetermined ) Waiting for next day signal. If White candle and goes up it will be bullish
Conclusion: 3 Bulls 2 Bear.  Bull win